Freeman Family Fund
- Assets
- $5.0m
- Revenue
- $800.4k
- Investments
- $4.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 08/1998
- Data as of
- 11/2022
- EIN
- 36-7212973
Organization Overview
Freeman Family Fund is located in Dallas, TX. The organization was established in 1998. 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. Freeman Family Fund 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 11/2022, Freeman Family Fund generated $800.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $323.7k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Freeman Family Fund has awarded 34 individual grants totaling $767,224. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $30,974 | |
Frederic E Freeman Charitable Manager | 1 | $0 | |
Virginia A Freeman Charitable Manager | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $137,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $662,645 |
| Capital Gain Net Income | $662,645 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $800,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,974 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,326 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,795 |
| Total operating and administrative expenses | $46,345 |
| Contributions, gifts, grants paid | $277,310 |
| Total expenses and disbursements | $323,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $60,286 |
| 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 | $4,978,570 |
| 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, Freeman Family Fund has awarded $277,310 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
SAN MIGUEL SCHOOL PURPOSE: UNRESTRICTED GENERAL | $25,210 |
HILLSDALE COLLEGE PURPOSE: UNRESTRICTED GENERAL | $25,210 |
Tinley Park, IL PURPOSE: UNRESTRICTED GENERAL | $25,210 |
AMERICAN CANCER SOCIETY INC PURPOSE: UNRESTRICTED GENERAL | $25,210 |
PIPERS ANGELS FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $25,210 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED GENERAL | $25,210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jasper Ridge Charitable Fund Fort Worth, TX | $1,059,804,391 | $51,342,189 |
Communities Foundation Of Oklahoma Inc Oklahoma City, OK | $155,793,943 | $76,729,791 |
W W Caruth Jr Foundation Dallas, TX | $444,705,321 | $32,925,098 |
Dallas Center For The Performing Arts Foundation Inc Dallas, TX | $209,822,251 | $21,963,048 |
Houston Parks Board Houston, TX | $62,239,000 | $18,357,527 |
Fossil Foundation Richardson, TX | $2,468,423 | $514,916 |
Pratham Usa Houston, TX | $25,223,728 | $25,510,214 |
Lsu Health Sciences Foundation In Shreveport Shreveport, LA | $312,345,482 | $53,948,217 |
Amarillo Area Foundation Inc Amarillo, TX | $153,231,166 | $11,027,021 |
University Of North Texas Foundation Inc Denton, TX | $307,856,436 | $18,135,985 |
Soi Dog Houston, TX | $2,898,470 | $10,171,466 |
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |