Private foundation (trust)EIN 237094777Est. 1974-01

Frey Foundation

Grand Rapids, MI 495033028

Accepts unsolicited proposals

Total Assets

$147.7M

FY 2023

Annual Giving

$5.5M

FY 2023

Grants Made

205

FY 2023

Avg Grant

$27K

FY 2023

Grant Range

$50–$500K

Typical

Deadlines

Due twelve weeks prior to scheduled da…

Applications

Financial Snapshot

2023 filing

Total Revenue

$1.0M

Total Expenses

$8.9M

Qualifying Distributions

$7.4M

Distributable Amount

$6.8M

Min. Investment Return

$6.8M

Undistributed Income

$6.1M

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.

Grant Range

205 grants

Grant sizes from minimum $50 through median $4K to maximum $500K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $6.1M in 2022. Hover bars for details.

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

Top Recipients

500 grants

Petoskey-Harbor Springs Area Community Foundation
$920K
11 grants
Grand Valley State University
$561K
3 grants
Northwest Michigan Habitat for Humanity
$560K
3 grants
Charlevoix County Community Foundation
$551K
11 grants
Grand Action Foundation
$510K
2 grants
Grand Rapids Community Foundation
$408K
10 grants
Heart of West Michigan United Way
$379K
8 grants
Grand Rapids Art Museum
$379K
3 grants

Grant Size Distribution

500 grants

<$10K
319
grants
$10–50K
96
grants
$50–250K
78
grants
$250K–1M
7
grants
$1–5M
$5M+

Geographic Focus

27 states

Michigan
$14.7M
93% of total
Illinois
$340K
2% of total
North Carolina
$225K
1% of total
District of Columbia
$141K
1% of total
Florida
$66K
0% of total
Virginia
$58K
0% of total
New York
$52K
0% of total
Minnesota
$26K
0% of total
California
$21K
0% of total
Missouri
$20K
0% of total

+17 more states

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Frey Foundation — Grants, Financials & Contact | Grantivo