FREED FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- FREED FOUNDATION INC (EIN 52-6047591)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-22
- IRS object ID
- 202001749349100225
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-22T14:33:19-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WITHUMSMITHBROWNPC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 331 NEWMAN SPRINGS RD STE 125 | AddressLine1Txt |
| City | RED BANK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 077016765 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 526047591 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FREED FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ELIZABETH FREED | InCareOfNm |
| Business Name Control | FREE | BusinessNameControlTxt |
| Phone | 2125208399 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 E WOOLBRIGHT ROAD Suite 304 | AddressLine1Txt |
| City | BOYNTON BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33435 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH FREED | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2125208399 | PhoneNum |
| Signature | 2020-06-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TED NAPPI CPA | PreparerPersonNm |
| PTIN | P01029666 | PTIN |
| Phone | 7328423113 | PhoneNum |
| Preparation | 2020-06-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $21,065,434 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $596,691 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $596,691 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $359,660 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,540,190 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $359,660 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $15,675 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $15,675 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $972,026 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $972,026 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $120,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $30,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $90,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $16,544 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $4,136 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $12,408 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,546 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,887 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $20,659 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $28,811 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $28,811 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $17,169 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $9,045 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $6,885 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $12,500 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $12,500 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $4,582 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $4,582 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,573 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $1,573 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $228,725 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $78,879 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $148,607 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $724,244 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $724,244 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $952,969 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $78,879 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $872,851 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $19,057 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $893,147 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,278,117 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,611,022 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,611,022 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,614,192 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $2,619,268 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $2,787,940 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,281,737 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,157,576 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,051,454 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,169,440 | CorporateBondsBOYAmt |
| Other Investments BOY | $6,666,329 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,636,959 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,599,129 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $11,842 | OtherAssetsBOYAmt |
| Other Assets EOY | $15,889 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $15,889 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,021,657 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,040,714 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $21,065,434 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $16,021,657 | CapitalStockBOYAmt |
| Capital Stock EOY | $16,040,714 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,021,657 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,040,714 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,021,657 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,040,714 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,021,657 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $19,057 | ExcessRevenueOverExpensesAmt |
| Subtotal | $16,040,714 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $16,040,714 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| INVESCO OPPENHEIMER | P | 2015-10-13 | 2019-12-19 | $405,587 | $426,770 | -$21,183 | -$21,183 |
| LAZARD FDS INC | P | 2016-01-14 | 2019-12-19 | $336,294 | $296,954 | $39,340 | $39,340 |
| VANGUARD FUNDS | P | 2010-01-15 | 2019-12-20 | $199,993 | $170,606 | $29,387 | $29,387 |
| VANGUARD FUNDS | P | 2009-10-15 | 2019-12-20 | $399,993 | $134,941 | $265,052 | $265,052 |
| FIDELITY INVESTMENTS | P | 2019-02-11 | 2019-11-05 | $84,870 | $84,870 | ||
| BRANDS INVT TR | P | 2014-07-01 | 2019-03-07 | $17,546 | $22,687 | -$5,141 | -$5,141 |
| FIRST EAGLE FUNDS | P | 2016-04-07 | 2019-03-08 | $20,000 | $19,596 | $404 | $404 |
| HOTCHIKS & WILEY FDS | P | 2014-05-30 | 2019-11-05 | $170,695 | $121,262 | $49,433 | $49,433 |
| INVESCO QQQ TR | P | 2013-12-23 | 2019-03-08 | $29,691 | $15,241 | $14,450 | $14,450 |
| INVESCO TR | 2015-02-19 | 2019-11-05 | $71,350 | $50,030 | $21,320 | $21,320 | |
| INVESCO ETF | P | 2017-02-02 | 2019-03-07 | $24,525 | $25,533 | -$1,008 | -$1,008 |
| PIMCO INTERNATIONAL | P | 2014-06-05 | 2019-11-05 | $107,860 | $101,766 | $6,094 | $6,094 |
| VANGUARD INDEX FDS ETF | P | 2017-01-19 | 2019-11-05 | $138,394 | $100,013 | $38,381 | $38,381 |
| ISHARES ETF | P | 2015-10-13 | 2019-12-23 | $395,157 | $409,389 | -$14,232 | -$14,232 |
| JPMORGAN CHASE & CO ETN | P | 2015-10-13 | 2019-12-23 | $188,398 | $291,896 | -$103,498 | -$103,498 |
| VARIOUS LT NONCOVERED - JPM 5005 | P | 2012-01-01 | 2019-12-31 | $1,211,127 | $1,247,770 | -$36,643 | -$36,643 |
| VARIOUS LT NONCOVERED - JPM 5002 | P | 2012-01-01 | 2019-12-31 | $1,715,172 | $1,661,206 | $53,966 | $53,966 |
| CAPITAL GAIN DIVIDENDS | P | $23,538 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $359,660 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $985,909 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $19,575,429 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050365 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $700,331 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $19,542,324 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.035837 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,158,339 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,979,598 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.061031 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,026,788 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $19,514,034 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.052618 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,034,091 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $20,273,066 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.051008 | DistributionYr5Rt |
| Total Distribution | 0.250859 | TotalDistributionRt |
| Average Distribution | 0.050172 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $19,914,083 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $999,129 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,931 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,008,060 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $872,851 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,863 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $17,863 | SubtotalAmt |
| Tax Based On Investment Income | $17,863 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,600 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $5,600 | TotalPaymentsAndCreditsAmt |
| Tax Due | $12,263 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DC | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH FREED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125208399 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 E WOOLBRIGHT ROAD 304 | AddressLine1Txt |
| City | BOYNTON BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33435 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ELIZABETH FREED | ||||||||
| 303 E WOOLBRIGHT ROAD 304 | BOYNTON BEACH | FL | 33435 | TREASURER | 35.0 | $120,000 | $0 | $13,544 |
| NICHOLAS J DOTOLI | ||||||||
| 110 WHITE ROCK ROAD | VERONA | NJ | 07044 | BOARD MEMBER | 0 | $0 | $0 | $0 |
| WILLIAM P MITCHELL | ||||||||
| 8520 NW 14TH STREET | PLANTATION | FL | 33322 | BOARD MEMBER | 0 | $0 | $0 | $0 |
| DAVID OURISMAN | ||||||||
| 1522 SUMMIT RD | BERKELEY | CA | 94708 | SECRETARY | 0 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,088,711 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,128,632 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,217,343 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,217,343 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $303,260 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,914,083 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $995,704 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $995,704 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,863 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,863 | TotalTaxAmt |
| Distributable Before Adj | $977,841 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $977,841 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $977,841 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $872,851 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $872,851 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $872,851 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $977,841 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $111,868 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr1 | $17,616 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $129,484 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $872,851 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $872,851 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $104,990 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $104,990 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $24,494 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $24,494 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $6,878 | ExcessFromYear3Amt |
| Excess From Year1 | $17,616 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE FREED FOUNDATION | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 E WOOLBRIGHT RD 304 | AddressLine1Txt |
| City | BOYNTON BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33435 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Email Address | GETGRANTSNJNYC@GMAIL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | The Freed Foundation will be accepting grant proposals digitally via email. Please provide a description of your organization, a copy of your 501(c)(3) tax exempt letter, a copy of your most recent Form 990, and a budget for the program for which you are requesting funds. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | N/A | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE FREED FOUNDATION GRANTS AWARDS TO TAX-EXEMPT ORGANIZATIONS THAT DO WORK ON ISSUES ASSOCIATED WITH SCIENCE, MENTAL HEALTH AND ANIMAL WELFARE. THE FOUNDATION MAY CONSIDER GRANT AWARDS TO ORGANIZATIONS WORKING ON OTHER ISSUES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| SEARCH AND CARE | ||||||||
| 1844 2ND AVE | NEW YORK | NY | 10128 | NONE | PC | GENERAL SUPPORT | $30,000 | |
| GARDEN STATE EQUALITY | ||||||||
| 40 S FULLERTON AVE | MONTCLAIR | NJ | 07042 | NONE | PC | Safe Schools and Community Program | $25,000 | |
| ADIRONDACK CENTER FOR LOON CONSERVATION | ||||||||
| PO BOX 195 | RAY BROOK | NY | 12977 | NONE | PC | Educational Outreach and Expansion | $75,000 | |
| HOLIDAY EXPRESS | ||||||||
| 151 INDUSTRIAL WAY EAST BUILDING | EATONTOWN | NJ | 07724 | NONE | PC | Holiday Gift Bags | $25,000 | |
| LENOX HILL NEIGHBORHOOD HOUSE | ||||||||
| 331 E 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | Women's Shelter for mentally ill | $25,000 | |
| EPWORTH UNITED METHODIST CHURCH | ||||||||
| 1953 HOPKINS ST | BERKELEY | CA | 94707 | NONE | PC | ELEVATOR FOR DISABLED | $25,000 | |
| TRAINING INSTITUTE FOR MENTAL HEALTH | ||||||||
| 115 WEST 27TH ST | NEW YORK | NY | 10001 | NONE | PC | TEEN TALK CENTER | $20,000 | |
| ANIMAL MEDICAL CENTER | ||||||||
| 510 EAST 62ND ST | NEW YORK | NY | 10065 | NONE | PC | Gift of Love Campaign | $100,000 | |
| THE COMMUNITY YMCA | ||||||||
| 170 PATTERSON AVE | SHREWSBURY | NJ | 07702 | NONE | PC | School Out patient Counseling | $40,000 | |
| COMMUNITY HOPE INC | ||||||||
| 959 ROUTE 46 EAST | PARSIPPANY | NJ | 07054 | NONE | PC | Mental health initiative for Veterans | $50,000 | STE 402 |
| HEALTHCARE CHAPLAINCY NETWORK | ||||||||
| 505 EIGHTH AVENUE | NEW YORK | NY | 10018 | NONE | PC | First Responder Chaplin Division | $12,300 | SUITE 900 |
| PAWS 4 LIBERTY | ||||||||
| 8939 PALOMINO DR | LAKE WORTH | FL | 33467 | NONE | PC | Service Dogs for Veterans | $20,000 | |
| BROOKLYN COLLEGE FOUNDATION | ||||||||
| BROOKLYN COLLEGE AND THE GRADUATE C | BROOKLYN | NY | 11210 | NONE | PC | Anthropology Department - Student Scholarships | $25,000 | 2900 BEDFORD AVANUE |
| SAVE A PET FLORIDAINC | ||||||||
| P O BOX 2444 | PALM BEACH | FL | 33480 | NONE | PC | Medical care for injured animals | $5,000 | |
| CANDID | ||||||||
| 32 OLD SLIP | NEW YORK | NY | 10005 | NONE | PC | GENERAL SUPPORT | $2,500 | 24TH FLOOR |
| AFTER ADOPTION COUNSELING Inc | ||||||||
| 1730 S FEDERAL HWY 312 | DELRAY BEACH | FL | 33483 | NONE | PC | Connected Child Workshop | $8,144 | |
| SHORE HOUSE | ||||||||
| LSW 279 BROADWAY | LONG BRANCH | NJ | 07740 | NONE | PC | GENERAL SUPPORT | $100,000 | SUITE 400 |
| CLUBHOUSE INTERNATIONAL | ||||||||
| 747 THIRD AVANEUE | NEW YORK | NY | 10017 | NONE | PC | Clubhouse Expansion | $10,000 | SECOND FLOOR |
| BIDEAWEE | ||||||||
| 410 EAST 38TH STREET | NEW YORK | NY | 10016 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| FLAMINGO GARDENS | ||||||||
| 3750 SOUTH FLAMINGO ROAD | FORT LAUDERDALE | FL | 33330 | NONE | PC | New Learning Center | $25,000 | |
| THE SEEING EYE | ||||||||
| PO BOX 375 | MORRISTOWN | NJ | 07963 | NONE | PC | Independence Way Kennel Expansion | $50,000 | |
| AUDUBON FLORIDA | ||||||||
| 4500 BISCAYNE BLVD | MIAMI | FL | 33137 | NONE | PC | Water for Wood Storks | $8,000 | SUITE 350 |
| CENTRA STATE HEALTHCARE | ||||||||
| 255 WILLOW BROOK ROAD 5 | FREEHOLD | NJ | 07728 | NONE | PC | Unmet Needs for Cancer Patients | $10,000 | |
| THE PACIFIC SCHOOL OF RELIGION | ||||||||
| 1798 SCENIC AVENUE | BERKELEY | CA | 94709 | NONE | PC | SCHOLARSHIP FUND | $8,300 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $724,244 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $596,691 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $15,675 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $359,660 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $972,026 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $972,026 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | WELLS FARGO - SECURITIES | StockNm |
| EOY Book Value | $4,157,576 | EOYBookValueAmt |
| EOYFMV | $5,051,454 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,619,268 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,787,940 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | WELLS FARGO - MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $5,636,959 | BookValueAmt |
| EOYFMV | $9,599,129 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED INTEREST | Desc |
| BOY Book Value | $11,842 | BOYBookValueAmt |
| EOY Book Value | $15,889 | EOYBookValueAmt |
| EOYFMV | $15,889 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| OPFFICE EXPENSES | $1,123 | $1,123 |
| MEALS | $310 | $310 |
| BANK CHARGES | $140 | $140 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INVESTMENT INCOME - WELLS FARGO | Desc |
| Revenue And Expenses Per Books | $15,675 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $15,675 | NetInvestmentIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX | Desc |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $28,811 | Amt |
| Net Investment Income | $28,811 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $9,180 | $2,295 | $6,885 |
| FOREIGN TAX | $6,750 | $6,750 | |
| FEDERAL TAX | $1,239 |
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