THE FREEDOM BANK FOUNDATION INC
EIN 13-4330939 · Public & Societal Benefit N.E.C. (W99)
What they do
THE FREEDOM BANK FOUNDATIONS MISSION is to SUPPORT and FOSTER RELATIONSHIPS WITH NON-PROFIT ORGANIZATIONS THAT PROMOTE FINANCIAL INCLUSION and MAKE THE COMMUNITIES FREEDOM BANK SERVES MORE VIBRANT and MORE EQUITABLE.THE FOUNDATION ENGAGES WITH THE LATINO ECONOMIC DEVELOPMENT CENTER (LEDC) to ADMINISTER THE FREEDOM FUND, WHICH PROVIDES FINANCING and TECHNICAL ASSISTANCE to UNDERREPRESENTED ENTREPRENEURS ACROSS THE DC REGION. to DATE, THE FOUNDATION HAS CONTRIBUTED OVER $350,000 to THE FREEDOM FUND and SUPPORTED NUMEROUS INDIVIDUALS and COMPANIES. MORE RECENTLY, THE FOUNDATION LAUNCHED A NEW INITIATIVE: THE FREEDOM DOWN PAYMENT ASSISTANCE (DPA) PROGRAM ADMINISTERED BY LEDC to HELP INDIVIDUALS and FAMILIES WHO CAN AFFORD MONTHLY MORTGAGE PAYMENTS BUT STRUGGLE to SAVE for A DOWN PAYMENT or CLOSING COSTS FINALLY BE ABLE to PURCHASE A HOME. IT is AN EXCITING EXPANSION of THE FREEDOM FUNDS IMPACT, EXPANDING BEYOND BUSINESS GROWTH to HELP PEOPLE ACHIEVE HOMEOWNERSHIP, THE CORNERSTONE of FINANC
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Financial picture
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Leadership and board
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No compensation was reported for these leaders. The complete board and leadership roster is shown below.
Board and leadership roster (4)
JOSEPH J THOMASDIRECTOR
KATHLEEN JOHNSONDIRECTOR
RICHARD HUTCHINSONDIRECTOR
SCOTT B CLARKDIRECTOR
About this charity
- Recognized since
- January 2021
- Location
- 1750 TYSONS BLVD STE 240, MCLEAN, VA 22102-4228
- County
- Fairfax (city)
- In care of
- % FREEDOM BANK FOUNDATION INC
- Primary officer
- SCOTT B CLARK, CFO
How to reach them
Filing and classification
- Latest tax year
- 2025
- Tax period began
- January 1, 2025
- Return type
- 990EZ
- Tax preparer
- PBMARES LLP
- NTEE classification
- Public & Societal Benefit N.E.C. (W99)
- IRS tax category
- Public & Societal Benefit N.E.C.
- Revocation date
- May 15, 2020