Freeborn Foundation Inc
- Assets
- $87.9k
- Revenue
- $4.1k
- Investments
- $75.0k
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 07/2001
- Data as of
- 07/2023
- EIN
- 06-1615383
Organization Overview
Freeborn Foundation Inc is located in Charleston, SC. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freeborn Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia F Chace President | 8 | $0 | |
William S Gray Director | 1 | $0 | |
Victoria Gray-Martin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,092 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,092 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $2,188 |
| Contributions, gifts, grants paid | $6,650 |
| Total expenses and disbursements | $8,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,924 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $87,949 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Freeborn Foundation Inc has awarded $6,650 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLESTON GAILLARD MANAGEMENT CORPORATION PURPOSE: GENERAL ADMINISTRATION | $500 |
INTERNATIONAL AFRICAN AMERICAN MUSEUM PURPOSE: GENERAL ADMINISTRATION | $500 |
ROOTED IN WYOMING PURPOSE: GENERAL ADMINISTRATION | $800 |
SOUTH CAROLINA AQUARIUM PURPOSE: GENERAL ADMINISTRATION | $1,000 |
SHERIDAN COMMUNITY LAND TRUST PURPOSE: GENERAL ADMINISTRATION | $200 |
SOUTH CAROLINA COASTAL CONSERVATION LEAGUE INC PURPOSE: GENERAL ADMINISTRATION | $1,000 |