Freedom Wireless Foundation

The Freedom Wireless Foundation is a U.S. nonprofit organization classified as a private grantmaking foundation. It is designated under the National Taxonomy of Exempt Entities (NTEE) category of Philanthropy, Voluntarism and Grantmaking Foundations.

Overview

The foundation operates with a focus on philanthropic activities, although specific details on its mission or programs are not readily available. As a private foundation, it is exempt from federal income tax and donations to the organization are tax deductible.

Financial Information

As of 2023, the Freedom Wireless Foundation reported no revenue and $2,120 in expenses. It holds total assets of $105,000 with no liabilities recorded. In previous years, the foundation had received significant contributions, but these have ceased in recent years. For instance, in 2014, it received $430,000 in contributions, all of which were utilized for charitable disbursements. The foundation did not provide any grants in 2023, reflecting a shift in its financial activity compared to earlier periods.

Governance

The foundation is managed by a board of directors. Key individuals associated with the governance include Douglas V. Fougnies, Larry L. Day, and Kenneth Widner, none of whom received compensation for their roles.

Activities

While specific programmatic details are not available, the foundation's classification suggests involvement in grantmaking or charitable activities within the broader context of philanthropy. However, recent financial reports indicate a cessation of grantmaking activities, suggesting a possible reevaluation of its strategic focus.