Donald and Martha Kaplan Freedman Foundation

Analysis

Donald and Martha Kaplan Freedman Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, Donald and Martha Kaplan Freedman Foundation reported income of $1.4m and spending of $1.1m, spending 83% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $379k to $1.4m (+262%), an average of +54% a year. The sharpest change came in the year to August 2020, when income rose by 1731%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Donald and Martha Kaplan Freedman Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Gaudium Et Spes ($1.4m), Edison Charitable Foundation ($1.4m) and New Bremen Foundation Inc ($1.4m).

At year end it held assets of $21.4m against liabilities of $9,513, net assets of $21.4m.