Freeman Educational Foundation 2113

Organization Overview

Freeman Educational Foundation 2113 is located in San Antonio, TX. The organization was established in 1985. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freeman Educational Foundation 2113 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 10/2022, Freeman Educational Foundation 2113 generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $1.3m during the year ending 10/2022. While expenses have increased by 11.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Freeman Educational Foundation 2113 has awarded 98 individual grants totaling $6,629,590. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ONE OF THE PURPOSES OF THIS TRUST IS TO ASSIST DESERVING BOYS AND GIRLS OF GOOD CHARACTER WHO ARE IN NEED OF ASSISTANCE AND WHO ARE CITIZENS OF BOTH THE STATE OF TEXAS AND THE UNITED STATES IN OBTAINING A COLLEGE EDUCATION IN COLLEGES OR UNIVERSITIES IN THE STATE OF TEXAS. THE OTHER PURPOSE OF THIS TRUST IS TO ASSIST THE CHARITABLE ORGANIZATIONS SET FORTH IN THE TRUST DOCUMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AMERICAN CANCER SOCIETY


AMERICAN HEART ASSOCIATION


THE ARC OF SAN ANTONIO


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $642,250
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $40,477
Net Gain/Loss on Asset Sales $2,016,222
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,698,949

Grants Awarded

Over the last fiscal year, Freeman Educational Foundation 2113 has awarded $1,095,500 in support to 14 organizations.

Grant RecipientAmount

CLIFFORD CRAIG-BLEDSOE MEMORIAL FOUNDATION

Org PageRecipient Profile

San Antonio, TX

PURPOSE: CHARITABLE

$78,250

JEWISH FEDERATION OF SAN ANTONIO

Org PageRecipient Profile

San Antonio, TX

PURPOSE: CHARITABLE

$78,250

San Antonio, TX

PURPOSE: CHARITABLE

$78,250

BAPTIST CHILD AND FAMILY SERVICES

Org PageRecipient Profile

San Antonio, TX

PURPOSE: CHARITABLE

$78,250

THE ARC OF SAN ANTONIO

Org PageRecipient Profile

San Antonio, TX

PURPOSE: CHARITABLE

$78,250

AMERICAN CANCER SOCIETY

Org PageRecipient Profile

Atlanta, GA

PURPOSE: CHARITABLE

$78,250
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Freeman Educational Foundation 2113 has recieved totaling $60,000.

Awarding OrganizationAmount
Emma Freeman Trust 2114

San Antonio, TX

PURPOSE: CHARITABLE

$60,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,344,812
Earnings$3,360,095
Other Expense$870,125
Grants$1,095,500
Ending Balance$27,739,282

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