The Virginia State Capitol

Form 990-PFTax year 2023EIN 22-1714810

Freas Foundation Incorporated

A private foundation in Glen Allen, VA. Its return for tax year 2023 lists 4 grants and $4.4 million paid in grants.

Tax year 2023 (period ending Dec 31, 2023), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2023

    $4,386,500

    Grants listed
    4
    Assets, end of year
    $0
  • Tax year 2022

    $238,746

    Grants listed
    29
    Assets, end of year
    $4,277,017
  • Tax year 2021

    $203,618

    Grants listed
    28
    Assets, end of year
    $4,960,611
  • Tax year 2020

    $164,804

    Grants listed
    28
    Assets, end of year
    $4,586,551
  • Tax year 2019

    $201,885

    Grants listed
    33
    Assets, end of year
    $4,353,215
  • Tax year 2018

    $195,507

    Grants listed
    32
    Assets, end of year
    $3,115,594

Grants paid in 2023

4 grants, largest first

As listed on the return.

  1. CL Fund Schwab CharitableOrlando, FL

    Charitable Donor Advisory Fund

    $1,096,625
  2. Oly Freas Fund Schwab CharitableOrlando, FL

    Charitable Donor Advisory Fund

    $1,096,625
  3. Pratt Family Fund Schwab CHaritableOrlando, FL

    Charutable Donor Advisory Fund

    $1,096,625
  4. Freas Redux Fund Schwab CharitableOrlando, FL

    Charitable Donor Advisory Fund

    $1,096,625

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Florida4 grants $4,386,500

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Donald Arthur FreasPresident & CEO Hours 2Pay $0
  • Lawrence Huston FreasTreasurer Hours 2Pay $0
  • Nancy Freas PrattVice President Hours 2Pay $0
  • Susan Freas MagargeeSecretary Hours 2Pay $0

The return

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