Private Foundation

Freas Foundation Incorporated

Freas Foundation Incorporated is a Private Foundation headquartered in Glen Allen, VA. Financial data from the 2023 filing: $37K revenue, $4.4M expenses. IRS filings disclose 186 grants awarded by this foundation, totaling roughly $5.6M.

EIN: 221714810 Glen Allen, VA Latest filing: 2023

Total Revenue$37K

Total Expenses$4.4M

Grants Given186

Grant Total$5.6M

Filing Years2019–2023

Sample Grants Given

Pratt Family Fund Schwab CHaritable

Orlando, FL · 2023

Charutable Donor Advisory Fund

$1,096,625

Freas Redux Fund Schwab Charitable

Orlando, FL · 2023

Charitable Donor Advisory Fund

$1,096,625

CL Fund Schwab Charitable

Orlando, FL · 2023

Charitable Donor Advisory Fund

$1,096,625

Oly Freas Fund Schwab Charitable

Orlando, FL · 2023

Charitable Donor Advisory Fund

$1,096,625

Interfaith Works

Olympia, WA · 2022

General Fund

$22,000

Showing up to 5 of 186 total records — full history available with membership.

Officers & Directors

President & CEO Donald Arthur Freas

Treasurer Lawrence Huston Freas

Vice President Nancy Freas Pratt

Secretary Susan Freas Magargee

Officer compensation and complete director data available with membership.

Top Grant Purposes

Charitable Donor Advisory Fund

$3,289,875 3 grants

Charutable Donor Advisory Fund

$1,096,625 1 grant

General fund

$669,859 98 grants

GENERAL FUND

$369,853 62 grants

General Fund

$139,194 20 grants

Financial Trends

Year	Revenue	Expenses	Assets
2023	$37K	$4.4M	—
2022	$256K	$268K	$4.3M
2021	$317K	$223K	$5.0M
2020	$3K	$201K	$4.6M
2019	$1.8M	$217K	$4.4M

Between 2019 and 2023, reported annual revenue declined from $1.8M to $37K (-98%).

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, FL, IL, MD, NM, and 4 other states.

CACOFLILMDNMORPAVAVT

Full geographic grant map with state-by-state breakdown available with membership.

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