The Freeman Foundation P-01644-00-7 is located in New York, NY. The organization was established in 1979. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Freeman Foundation P-01644-00-7 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Freeman Foundation P-01644-00-7 generated $37.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $24.1m during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Graeme Freeman Trustee,president | 40 | $425,000 | |
George S Tsandikos Trustee | 5 | $0 | |
David R Stack Trustee | 5 | $250,437 | |
Juefei Wang Program Director | 40 | $154,422 | |
Alec Freeman Sr Program Officer | 40 | $101,640 | |
Shereen Goto Dir Operations/progr | 40 | $155,848 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $8,392,391 |
Profit on Inventory Sales | $0 |
Other Income | $105,934 |
Total Revenue | $37,198,904 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $690,531 |
Pension plans, employee benefits | $75,821 |
Depreciation | $0 |
Occupancy | $33,280 |
Travel, conferences, and meetings | $14,663 |
Printing and publications | $0 |
Total operating and administrative expenses | $4,327,765 |
Contributions, gifts, grants paid | $19,778,123 |
Total expenses and disbursements | $24,105,888 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Other assets | $51,309,794 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |