Joseph And Sharon Freed Foundation Inc
- Assets
- $6.9m
- Revenue
- $189.8k
- Investments
- $6.8m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-0650793
Organization Overview
Joseph And Sharon Freed Foundation Inc is located in Los Angeles, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Joseph And Sharon Freed Foundation Inc 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 12/2023, Joseph And Sharon Freed Foundation Inc generated $189.8k in total revenue. All expenses for the organization totaled $481.6k during the year ending 12/2023.
Since 2022, Joseph And Sharon Freed Foundation Inc has awarded 11 individual grants totaling $863,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO THE AMERICAN TECHNION SOCIETY
DONATION TO THE AMERICAN ISRAEL EDUCATION FOUNDATION
DONATION TO THE CONCERN FOUNDATION
DONATION TO THE ISRAAID ORGANIZATION
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $189,793 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $189,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,185 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $35,615 |
| Contributions, gifts, grants paid | $446,000 |
| Total expenses and disbursements | $481,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,027 |
| Savings and temporary cash investments | $23,639 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,897,441 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joseph And Sharon Freed Foundation Inc has awarded $446,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CONCERN FOUNDATION PURPOSE: CANCER RESEARCH | $26,000 |
AMERICAN TECHNION SOCIETY PURPOSE: SUPPORT THE GROWTH AND SUCCESS OF THE TECHNION | $300,000 |
AMERICAN ISRAEL EDUCATION FOUNDATIO PURPOSE: SUPPORT OF EDUCATION IN THE UNITED STATES | $50,000 |
THE WASINGTON ISTITUTE PURPOSE: A THINK TANK IN WASHINGTON DC | $20,000 |
OTHER VARIOUS CHARITABLE ORGANIZTIO PURPOSE: VARIOUS HUMANITARIAN AND RELIGIOUS PURPOSES AND MEDICAL RESEARCH ORGANIZTIONS | $25,000 |
ISRAAID ORGANIZATION PURPOSE: SUPPORT PEOPLE AFFECTED BY HUMAITARIAN CRISIS THROUGH ISRAAID | $25,000 |