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Tom And Kathy Freston Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2003. It holds total assets of $436K. Annual income is reported at $289K. Total assets have decreased from $957K in 2011 to $621K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including New York, District of Columbia, Ohio. According to available records, Tom And Kathy Freston Foundation has made 32 grants totaling $1.4M, with a median grant of $10K. Annual giving has decreased from $172K in 2020 to $93K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 16 grants. Individual grants have ranged from $500 to $400K, with an average award of $43K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in District of Columbia, New York, Virginia, which account for 88% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$23K
Average Grant
$69K
Largest Grant
$400K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Tom And Kathy Freston Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in DC, NY, VA.
Tom And Kathy Freston Foundation has distributed a total of $1.4M across 32 grants. The median grant size is $10K, with an average of $43K. Individual grants have ranged from $500 to $400K.
Tom And Kathy Freston Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tom And Kathy Freston Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas E Freston | TRUSTEE | $0 | $0 | N/A |
| Brian Raftery | TRUSTEE | $0 | $0 | N/A |
| Andrew Freston | TRUSTEE | $0 | $0 | N/A |
| Gilbert Freston | TRUSTEE | $0 | $0 | N/A |
Total Giving
$99K
Total Assets
$621K
Fair Market Value
$654K
Net Worth
$621K
Grants Paid
$93K
Contributions
$230K
Net Investment Income
$179K
Distribution Amount
$19K
Total: $345K
Total Grants
32
Total Giving
$1.4M
Average Grant
$43K
Median Grant
$10K
Unique Recipients
19
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The One CampainGENERAL | Washington, DC | $50K | 2023 |
| Friends Of AuafGENERAL | Washington, DC | $10K | 2023 |
| Robin Hood FoundationGENERAL | New York, NY | $10K | 2023 |
| Santa Barbara Bucket BrigadeGENERAL | Santa Barbara, CA | $10K | 2023 |
| Sag Harbor PartnershipGENERAL | Sag Harbor, NY | $5K | 2023 |
| Every Mother CountsGENERAL | New York, NY | $5K | 2023 |
| Zarif DesignGENERAL | New York, NY | $3K | 2023 |
| New AmericaGENERAL | Washington, DC | $400K | 2022 |
| The Nature ConservancyGENERAL | Arlington, VA | $40K | 2022 |
| Doctors Without BordersGENRAL | New York, NY | $40K | 2022 |
| Melanoma Know MoreGENERAL | Cincinnati, OH | $15K | 2022 |
| Craig Newmark Graduate School Of Journalism At CunyGENERAL | New York, NY | $10K | 2022 |
| The Kristen Ann Carr FundGENERAL | New York, NY | $6K | 2022 |
| One CampaignGENRAL | Washington, DC | $100K | 2020 |
| Turquoise Mountain FoundationGENERAL | Washington, DC | $15K | 2020 |
| Seasame WorkshopGENERAL | New York, NY | $5K | 2020 |
| American Museum Of Natural HistoryGENERAL | New York, NY | $5K | 2020 |
| Walden Woods ProjectGENERAL | Lincoln, MA | $1K | 2020 |
| Woman For Afgan WomanGENERAL | Fresh Meadows, NY | $500 | 2020 |