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Nonprofit · EIN 84-4294225

BESSENT-FREEMAN FAMILY FOUNDATION

Tax-exempt · CHARLESTON, SC 29401

Financials

$50K$31K2023$165K$162K2024$0$02025
Revenue Expenses · by fiscal year end
Financials of BESSENT-FREEMAN FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$0$0$0$48,782$0$48,782
December 31, 2024990-PF$165,000$161,500$3,500$48,782$0$48,782
December 31, 2023990-PF$50,000$31,000$19,000$45,282$0$45,282
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0

Balance sheet and other

Total assets, start of year
$48,782
Total assets, end of year
$48,782
Total liabilities, end of year
$0
Net assets, end of year
$48,782
Fair market value of assets
$48,782

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
JOHN F FREEMAN
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
PRESIDENT/DIRECTOR0$0
JOHN F FREEMAN
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
VICE PRESIDENT/DIRECTOR0$0
CHRISTINE CASALI
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
SECRETARY0$0
JOHN F FREEMAN
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
TREASURER0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
JOHN F FREEMAN
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
PRESIDENT/DIRECTOR0$0
SCOTT BESSENT
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
VICE PRESIDENT/DIRECTOR0$0
CHRISTINE CASALI
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
SECRETARY0$0
JOHN F FREEMAN
C/O PALMETTO MGMT 100 CHURCH ST, CHARLESTON, SC 29401
TREASURER0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JOHN F FREEMAN
C/O PALMETTO MGMT 98 CHURCH ST 2FL, CHARLESTON, SC 29401
PRESIDENT/DIRECTOR0$0
SCOTT BESSENT
C/O PALMETTO MGMT 98 CHURCH ST 2FL, CHARLESTON, SC 29401
VICE PRESIDENT/DIRECTOR0$0
CHRISTINE CASALI
C/O PALMETTO MGMT 98 CHURCH ST 2FL, CHARLESTON, SC 29401
SECRETARY0$0
LORNA SMITH
C/O PALMETTO MGMT 98 CHURCH ST 2FL, CHARLESTON, SC 29401
TREASURER0$0

Address and contacts

Address (IRS master file)
100 CHURCH ST, CHARLESTON, SC 29401-2504
In care of
% LORNA SMITH
Signed the 990-PF
JOHN F FREEMAN, PRESIDENT
Phone
(203) 918-6778
Return prepared by
ANDERSEN TAX LLC

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
84-4294225
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
2020
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$48,782
Income (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$0$0$48,782IRS
990-PFDecember 2024$165,000$161,500$48,782IRS
990-PFDecember 2023$50,000$31,000$45,282XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 84-4294225).

Questions about BESSENT-FREEMAN FAMILY FOUNDATION

What is the EIN of BESSENT-FREEMAN FAMILY FOUNDATION?
The employer identification number (EIN) of BESSENT-FREEMAN FAMILY FOUNDATION is 84-4294225.
Is BESSENT-FREEMAN FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to BESSENT-FREEMAN FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BESSENT-FREEMAN FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BESSENT-FREEMAN FAMILY FOUNDATION 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 BESSENT-FREEMAN FAMILY FOUNDATION 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 BESSENT-FREEMAN FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does BESSENT-FREEMAN FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $0, expenses of $0 and total assets of $48,782 at year end.

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