NonprofitsEgbert M Freese Foundation

Community Improvement & Capacity Building

Egbert M Freese Foundation

GALION, OH

Total revenue

$934K

Total expenses

$611K

Net assets

$9.5M

Grants received

EIN

341901855

Tax year

2024

Mission

The Egbert M. Freese Foundation is organized and will be operated exclusively for charitable, education, religious, literary or scientific purposes including seven-eighths of the annual income shall be used for the upkeep and maintenance of City of Galion facilities, including by not limited to parks, that benefit the people of the city of Galion. One-eighth of the annual net income shall be held, managed and disposed of as scholarships for residents of the City of Galion who are high school graduates seeking post-secondary school education and training.

Programs

1 program

Grants made to various colleges and universities to be used for highschool graduates of the City of Galion for post-secondary school education and training.

Expenses: $71KGrants: $71K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$934K
Other revenue
Total revenue$934K

Expenses

Grants paid$545K
Salaries & benefits
Fundraising
Other expenses$66K
Total expenses$611K
Total assets$9.5M
Net assets$9.5M

People

5 listed

NameRoleCompensation

GRANT B GARVERICK

PRESIDENT

Board

1 hrs/wk

ERIK FLICK

CO-TREASURER

Board

1 hrs/wk

JENNIFER KUNS

SECRETARY

Board

1 hrs/wk

HEATH WATKINS

VICE CHAIRMAN

Board

1 hrs/wk

WILLIAM STEPRO

CO-TREASURER

Board

1 hrs/wk

Details

EIN341901855
NTEE codeS12
Subsection03
Ruling date2000-03
Formed1999
Employees0
EGBERT M FREESE FOUNDATION — Mission, Financials & Grants Received | Grantivo