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Nonprofit · EIN 52-6047591

FREED FOUNDATION INC

Tax-exempt · STUART, FL 34996

Financials

$2M$978K2023$1.5M$1.2M2024$1.9M$1.2M2025
Revenue Expenses · by fiscal year end
Financials of FREED FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,923,914$1,211,558$712,356$15,872,537$8,828$15,863,709
December 31, 2024990-PF$1,488,448$1,197,111$291,337$15,158,648$7,295$15,151,353
December 31, 2023990-PF$2,034,068$977,802$1,056,266$14,904,437$44,421$14,860,016
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$472,893
Interest
$103,184
Net gain from sales of assets
$1,347,636
Other income
$201

Expenses

Grants and similar amounts paid
$874,320
Compensation of officers, directors and key employees
$140,000
Disbursements for charitable purposes
$1,011,583
Excise tax on investment income
$24,127

Balance sheet and other

Total assets, start of year
$15,158,648
Total assets, end of year
$15,872,537
Total liabilities, end of year
$8,828
Net assets, end of year
$15,863,709
Fair market value of assets
$24,067,135
Qualifying distributions
$1,011,583
Net investment income
$1,923,713

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ELIZABETH FREED
2336 SE OCEAN BLVD 29, STUART, FL 34996
President35$140,000
NICHOLAS A DOTOLI
126 ORCHID CT, TOMS RIVER, NJ 08754
BOARD MEMBER0$0
SEAN MORELAND
4 CAUFIELD PLACE, NEWTON, PA 18940
BOARD MEMBER0$0
NICOLE BUCCINO
381 GATES HILL RD, MIDDLEBURGH, NY 12122
BOARD MEMBER0$0
MARJORIE HANLEY
5424 SE REEF WAY, STUART, FL 34997
BOARD MEMBER0$0
990-PF for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
ELIZABETH FREED
2336 SE OCEAN BLVD 29, STUART, FL 34996
President35$120,000
NICHOLAS A DOTOLI
126 ORCHID CT, TOMS RIVER, NJ 08754
BOARD MEMBER0$0
SEAN MORELAND
4 CAUFIELD PLACE, NEWTON, PA 18940
BOARD MEMBER0$0
NICOLE BUCCINO
381 GATES HILL RD, MIDDLEBURGH, NY 12122
BOARD MEMBER0$0
MARJORIE HANLEY
5424 SE REEF WAY, STUART, FL 34997
BOARD MEMBER0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
ELIZABETH FREED
2336 SE OCEAN BLVD 29, STUART, FL 34996
President35$120,000
NICHOLAS A DOTOLI
126 ORCHID CT, TOMS RIVER, NJ 08754
BOARD MEMBER0$0
NICOLE BUCCINO
381 GATES HILL RD, MIDDLEBURGH, NY 12122
BOARD MEMBER0$0

Address and contacts

Address (IRS master file)
2336 SE OCEAN BLVD 29, STUART, FL 34996-3310
In care of
% ELIZABETH FREED
Signed the 990-PF
ELIZABETH FREED, President
Phone
(772) 283-5001
Return prepared by
Ferraro & Ferraro CPAs PA

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
52-6047591
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1955
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$15,872,537
Income (IRS master file)
$5,120,070

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,923,914$1,211,558$15,872,537IRS
990-PFDecember 2024$1,488,448$1,197,111$15,158,648XML
990-PFDecember 2023$2,034,068$977,802$14,904,437XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-6047591).

Questions about FREED FOUNDATION INC

What is the EIN of FREED FOUNDATION INC?
The employer identification number (EIN) of FREED FOUNDATION INC is 52-6047591.
Is FREED FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1955.
Are donations to FREED FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FREED FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of FREED FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FREED FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of FREED FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $140,000 (ELIZABETH FREED, President).
How much revenue does FREED FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,923,914, expenses of $1,211,558 and total assets of $15,872,537 at year end.

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