Freeman Foundation

Nonprofit profile at a glance

EIN
521667228
IRS 990-PF coverage
2020–2025
Forms available
Form 990-PF 2025
Location
Washington, DC, USA
Phone
2023937600
Rating
81
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$2,810,916
Expenses
$820,683

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Freeman Foundation is a nonprofit. Location: Washington, DC. EIN 521667228. Tax year 2025 Form 990-PF reports $2.8M revenue and $821K expenses.

What it reported funding in 2025

The foundation reported 24 grants totaling $702,000. The stated grant purposes included lbgt health equity summit, sex worker giving circle of the third wave fund, and sexual liberation collective, plus 11 other reported purposes.

Operating model

Revenue model
Donor-supported. 71% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 90% of its reported charitable disbursements as grants.

The verdict

STRONG - The filing identifies who received its grants and the filed numbers largely add up. A relatively small share of available resources goes to charitable grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 53
  • Cost Efficiency: 86
  • Transparency: 100
  • Compliance: 97
  • Endowment Health: 87

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 53.2%; rating input score 53; 6th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 85.5%; rating input score 86; 53rd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 17 of 18 controls in place; rating input score 94
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: NotApplicable
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 30.03; rating input score 87; 87th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 53.2% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 87th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 25 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Grant Deployment: Grant deployment ratio scored 53/100.
  • Review — Compliance: Part VII-B activity disclosures: Compensation paid to a disqualified person not reported.