Funder DirectoryFreas Foundation Incorporated
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EIN 221714810

Freas Foundation Incorporated

Glen Allen, VA 23060

Total Assets

FY 2023

Annual Giving

$4.4M

FY 2023

Grants Made

4

FY 2023

Avg Grant

$1.1M

FY 2023

Grant Range

$1.1M–$1.1M

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$37K

Total Expenses

$4.4M

Qualifying Distributions

$4.4M

Distributable Amount

$65K

Min. Investment Return

$65K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $4.4M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

121 grants

CL Fund Schwab Charitable
$1.1M
1 grant
Pratt Family Fund Schwab CHaritable
$1.1M
1 grant
Freas Redux Fund Schwab Charitable
$1.1M
1 grant
Oly Freas Fund Schwab Charitable
$1.1M
1 grant
Naamehnay Project Inc
$57K
3 grants
Maymont Foundation
$45K
4 grants
Interfaith Works
$43K
2 grants
Lewis Ginter Botanic Garden
$42K
4 grants

Grant Size Distribution

121 grants

<$10K
98
grants
$10–50K
19
grants
$50–250K
$250K–1M
$1–5M
4
grants
$5M+

Geographic Focus

12 states

Florida
$4.4M
85% of total
Virginia
$254K
5% of total
Washington
$174K
3% of total
Pennsylvania
$158K
3% of total
New Mexico
$57K
1% of total
Illinois
$41K
1% of total
Maryland
$22K
0% of total
Vermont
$21K
0% of total
California
$11K
0% of total
Oregon
$11K
0% of total

+2 more states

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