FREED FOUNDATION INC: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- FREED FOUNDATION INC (EIN 52-6047591)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-13
- IRS object ID
- 201441339349102214
- Schema version
- 2013v3.1
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-13T12:47:51-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mahon McKenzie & Colson CPAs LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2444 Highway 34 | AddressLine1 |
| City | Manasquan | City |
| State | NJ | State |
| ZIP Code | 08736 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FREE | BusinessNameControlTxt |
| Phone | 2125208399 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 825 3RD AVENUE SUITE 224 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH FREED | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2014-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD W MAHON CPA | PreparerPersonNm |
| PTIN | P00365493 | PTIN |
| Phone | 7327228777 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $20,529,524 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $416 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $416 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $416 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $366,320 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $366,320 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $366,320 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $485,645 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,093,608 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $485,645 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $852,381 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $852,381 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $366,736 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $100,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $100,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,250 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $16,250 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $24,301 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $7,835 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $45,376 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $45,376 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $59,483 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $29,085 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $30,398 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $245,410 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $29,085 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $199,859 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $702,260 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $702,260 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $947,670 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $29,085 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $902,119 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$95,289 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $823,296 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $366,736 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $411,184 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,064,875 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,064,875 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock EOY | $1,999,608 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,021,646 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $17,808,645 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $13,193,867 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $15,433,702 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $24,411 | OtherAssetsBOYAmt |
| Other Assets EOY | $9,301 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $9,301 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,244,240 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,267,651 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,529,524 | TotalAssetsEOYFMVAmt |
| Other Liabilities EOY | $118,700 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $118,700 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $18,244,240 | CapitalStockBOYAmt |
| Capital Stock EOY | $18,148,951 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,244,240 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $18,148,951 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,244,240 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $18,267,651 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,244,240 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$95,289 | ExcessRevenueOverExpensesAmt |
| Subtotal | $18,148,951 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $18,148,951 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (12 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 121564.653SH BRANDYWINE FUND | P | 2000-01-01 | 2013-12-11 | $3,650,587 | $3,562,786 | $87,801 | $87,801 |
| 671.517SH VANGUARD SHORT TERM BOND INDEX | P | 2012-05-03 | 2013-01-28 | $7,118 | $7,145 | -$27 | -$27 |
| 686.496SH VANGUARD SHORT TERM BOND INDEX | P | 2012-05-03 | 2013-04-29 | $7,297 | $7,304 | -$7 | -$7 |
| 664.392SH VANGUARD SHORT TERM BOND INDEX | P | 2012-05-03 | 2013-07-29 | $6,989 | $7,069 | -$80 | -$80 |
| 682.316SH VANGUARD SHORT TERM BOND INDEX | P | 2012-05-03 | 2013-11-11 | $7,192 | $7,260 | -$68 | -$68 |
| 4921.619SH VANGUARD INTERNATIONAL STOCK INDEX | P | 2010-01-01 | 2013-10-14 | $135,000 | $126,601 | $8,399 | $8,399 |
| 4395.962SH VANGUARD FTSE ALL WORLD STOCK INDEX | P | 2010-01-01 | 2013-10-14 | $135,000 | $127,039 | $7,961 | $7,961 |
| 22583.559SH VANGUARD BOND MARKET INDEX | P | 2010-01-01 | 2013-04-25 | $250,000 | $233,606 | $16,394 | $16,394 |
| 6290.891SH VANGUARD TOTAL STOCK MARKET INDEX FUND | P | 2009-10-15 | 2013-04-25 | $250,000 | $165,353 | $84,647 | $84,647 |
| 13840.83SH VANGUARD TOTAL STOCK MARKET INDEX FUND | P | 2010-01-01 | 2013-10-14 | $600,000 | $363,800 | $236,200 | $236,200 |
| Capital Gain Dividends | |||||||
| $44,425 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $485,645 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$34 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $982,561 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $18,655,467 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.05267 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $968,725 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $19,137,061 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.05062 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $889,859 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,614,371 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.04781 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,083,433 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $18,924,377 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.05725 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,134,075 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $24,699,029 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.04592 | DistributionYr5Rt |
| Total Distribution | 0.25426 | TotalDistributionRt |
| Average Distribution | 0.05085 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $19,598,220 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $996,609 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,233 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,004,842 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $902,119 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $16,466 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $16,466 | SubtotalAmt |
| Tax Based On Investment Income | $16,466 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,000 | TotalPaymentsAndCreditsAmt |
| Tax Due | $10,466 | 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 |
| Form990 T Filed | false | Form990TFiledInd |
| 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 | THE FREED FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125208399 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 825 3RD AVENUE SUITE 224 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| ELIZABETH FREED | ||||||
| 954 LEXINGTON AVE BOX 226 | NEW YORK | NY | 10021 | President | 35.00 | $100,000 |
| STEVEN DOUENIAS | ||||||
| 3 PAULA COURT | MORRISTOWN | NJ | 07960 | Director | 0.00 | $0 |
| WILLIAM P MITCHELL | ||||||
| 799 VAN COURT AVE | LONG BRANCH | NJ | 07740 | Director | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $18,882,330 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,014,340 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,896,670 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $19,896,670 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $298,450 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,598,220 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $979,911 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $979,911 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $16,466 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $16,466 | TotalTaxAmt |
| Distributable Before Adj | $963,445 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $963,445 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $963,445 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $902,119 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $902,119 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $902,119 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $963,445 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $45,875 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr2 | $31,614 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $61,144 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $138,633 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $902,119 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $902,119 | AppliedToCurrentYearAmt |
| Excess Distri Cyov App CY Corpus | $61,326 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $61,326 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $77,307 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $77,307 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $16,163 | ExcessFromYear2Amt |
| Excess From Year1 | $61,144 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | THE FREED FOUNDATION INC | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 825 3RD AVENUE SUITE 224 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10022 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2125208399 | RecipientPhoneNum |
| Form And Info And Materials | PROPOSAL FOR GRANT ACCOMPANIED BY A GRANT BUDGET AND FINANCIAL STATEMENTS AND IRS TAX-EXEMPT RULING FOR THE ORGANIZATION. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | REQUESTING GRANT PROPOSALS FROM TAX-EXEMPT ORGANIZATIONS THAT DO WORK ON ISSUES ASSOCIATED WITH CANCER, MENTAL HEALTH, AND ANIMAL WELFARE IN THE NEW YORK METROPOLITAN AREA. THE FOUNDATION WILL CONSIDER GRANT PROPOSALS FROM ORGANIZATIONS WORKING ON OTHER ISSUES. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BIDEAWEE | |||||||
| 410 EAST 28TH STREET | NEW YORK | NY | 10016 | NONE | 501(C)3 | EVACUATION SITE RENOVATION | $25,000 |
| COUNCIL ON FOUNDATIONS | |||||||
| 2121 CRYSTAL DR | ARLINGTON | VA | 22202 | NONE | 501(C)3 | DUES SUPPORT | $1,760 |
| DEBORAH HOSPITAL FOUNDATION | |||||||
| 20 PINE MILL ROAD | BROWNS MILLS | NJ | 08015 | NONE | 501(C)3 | WOMEN'S HEART HEALTH EXPO | $10,000 |
| SEARCH AND CARE | |||||||
| 1844 SECOND AVE | NEW YORK | NY | 10128 | NONE | 501(C)3 | MENTAL HEALTH CARE | $30,000 |
| NORTH SHORE ANIMAL LEAGUE | |||||||
| 16 LEWYT STREET | PORT WASHINGTON | NY | 11050 | NONE | 501(C)3 | ZIGGYS FUND | $100,000 |
| TRAINING INSTITUTE FOR MENTAL HEALT | |||||||
| 115 WEST 27TH ST | NEW YORK | NY | 10001 | NONE | 501(C)3 | COUNSELING SERVICES | $10,000 |
| BOYS CLUB OF NEW YORK | |||||||
| 287 EAST 10TH STREET | NEW YORK | NY | 10009 | NONE | 501(C)3 | STAFF PSYCHOLOGIST | $75,000 |
| MONMOUTH MEDICAL CENTER FOUNDATION | |||||||
| 300 2ND AVE | LONG BRANCH | NJ | 07740 | NONE | 501(C)3 | MAIN OR WAITING AREA | $150,000 |
| MONMOUTH COUNTY SPCA | |||||||
| 260 WALL ST | EATONTOWN | NJ | 07724 | NONE | 501(C)3 | PET PANTRY FOR SANDY VICTIMS | $25,000 |
| ANIMAL MEDICAL CENTER | |||||||
| 510 EAST 62ND ST | NEW YORK | NY | 10021 | NONE | 501(C)3 | GENERAL SUPPORT | $10,000 |
| PEGASUS THERAPEUTIC RIDING INC | |||||||
| 310 PEACH LAKE RD | BREWSTER | NY | 10509 | NONE | 501(C)3 | RUN IN SHEDS | $10,000 |
| NATIONAL ALLIANCE ON MENTAL ILLNESS | |||||||
| 3371 BRUNSWICK PIKE SUITE 124 | LAWRENCVILLE | NJ | 08648 | NONE | 501(C)3 | GENERAL SUPPORT | $20,000 |
| CORKSCREW SWAMP SANTUARY | |||||||
| 375 SANCTUARY ROAD WEST | NAPLES | FL | 34120 | NONE | 501(C)3 | GENERAL SUPPORT | $18,000 |
| JEWISH GUILD HEALTHCARE | |||||||
| 15 WEST 65TH STREET | NEW YORK | NY | 10023 | NONE | 501(C)3 | GENERAL SUPPORT | $10,000 |
| SEER FARMS | |||||||
| 1400 MAIN ST | SAYREVILLE | NJ | 08872 | NONE | 501(C)3 | SUPERSTORM SANDY INITIATIVE | $15,000 |
| MELANOMA RESEARCH FOUNDATION | |||||||
| 1411 K STREET NW SUITE 800 | WASHINGTON | DC | 20005 | 501(C)3 | GENERAL SUPPORT | $7,500 | |
| MONMOUTH UNIVERSITY | |||||||
| 431 CEDAR AVE | WEST LONG BRANCH | NJ | 07764 | NONE | 501(C)3 | HONORS SCHOOL | $100,000 |
| FILIPINO AMERICAN COMMUNITY DEVELOP | |||||||
| PO BOX 4746 | TOMS RIVER | NJ | 08754 | NONE | 501(C)3 | GENERAL SUPPORT | $10,000 |
| GREATER MORRISTOWN YMCA | |||||||
| 79 HORSEHILL RD | CEDAR KNOLLS | NJ | 07927 | NONE | 501(C)3 | SWIM TEAM SCOREBOARD | $25,000 |
| THE SHIELD INSTITUTE | |||||||
| 144-61 ROOSEVELT AVE | FLUSHING | NY | 11354 | NONE | 501(C)3 | VARIOUS EQUIPMENT | $25,000 |
| HURRICANE SANDY NJ RELIEF FUND | |||||||
| PO BOX 95 | MENDHAM | NJ | 07945 | NONE | 501(C)3 | HOUSING & MENTAL HEALTH | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $702,260 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $416 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $366,320 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $485,645 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $852,381 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $852,381 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $16,250 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $16,250 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | WELLS FARGO - SECURITIES | StockNm |
| EOY Book Value | $1,999,608 | EOYBookValueAmt |
| EOYFMV | $2,021,646 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| VANGUARD FUNDS | FMV | $13,193,867 | $15,433,702 |
| BRANDYWINE FUND | FMV |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID EXPENSES | Desc |
| BOY Book Value | $24,411 | BOYBookValueAmt |
| EOY Book Value | $9,301 | EOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| DUES | $2,760 | $2,760 | |
| EMPLOYEE HOSPITALIZATION INSURANCE | $26,621 | $26,621 | |
| INVESTMENT FEES | $29,085 | $29,085 | |
| MISCELLANEOUS | $1,017 | $1,017 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | EOY Book ValueEOYBookValueAmt |
|---|---|
| EXCHANGE | $108,234 |
| FEDERAL EXCISE TAX PAYABLE | $10,466 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $16,466 | |
| PAYROLL TAXES | $7,835 | $7,835 |
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