NonprofitsFreedom Bank Foundation Inc

Public & Societal Benefit

Freedom Bank Foundation Inc

FAIRFAX, VA

Total revenue

$95K

Total expenses

$72K

Net assets

$84K

Grants received

$23K

3 grants

EIN

134330939

Tax year

2024

Mission

The freedom bank foundation's mission is to support and foster relationships with non-profit organizations that promote financial inclusion and make the communities freedom bank serves more vibrant and more equitable.the foundation has engaged with the community business partnership (cbp) to administer the nova freedom fund, which provides financing and technical assistance to minorities and entrepreneurs of color.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income
Other revenue$20
Total revenue$95K

Expenses

Grants paid$70K
Salaries & benefits
Fundraising
Other expenses$2K
Total expenses$72K
Total assets$101K
Net assets$84K

People

5 listed

NameRoleCompensation

JOSEPH J THOMAS

DIRECTOR

Board

1 hrs/wk

RICHARD HUTCHINSON

DIRECTOR

Board

1 hrs/wk

KATHLEEN JOHNSON

DIRECTOR

Board

1 hrs/wk

JOSEPH M ENGLISH III

DIRECTOR

Board

1 hrs/wk

BRANDON PARK

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$3K
GENERAL SUPPORT
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2022

Funded by

$23K from 2 funders · 3 grants · 2022–2023

Vanguard Charitable Endowment Program

$20K · 2 grants · 2022–2023

Francis P Chiaramonte Md Family

$3K · 1 grant · 2023

Details

EIN134330939
NTEE codeW99
Subsection03
Ruling date2021-11
FREEDOM BANK FOUNDATION INC — Mission, Financials & Grants Received | Grantivo