Corporate Citizenship
Recent Activities
Freddie Mac Foundation, Partners to Expand Family Shelter
A Foundation grant will help Northern Virginia Family Service and HomeAid build a family support wing at SERVE shelter – to house 250 more homeless children and their parents.
Foundation, Partners Celebrate Foster Families at the Nationals
The Foundation and its partners recently took DC-area foster families out to the ball game. Nine families were recognized on field, helping raise public awareness of the need for foster parents.
Home Team Volunteers Take Part in National Rebuilding Day
Freddie Mac volunteers joined Rebuilding Together to fix up the home of a family in need.
Bringing New Orleans Families Home
New Orleans families hit hard by Katrina are returning home to their neighborhood. The Freddie Mac Foundation has teamed up with Enterprise Community Partners to provide critical resident services at a new affordable housing complex.
2011 Nonprofit Spending
- Freddie Mac Corporate Community Investments – $283,700
- Freddie Mac Foundation
- Grants – $17,969,649
- Contributions – $1,686,263
*These contributions from Freddie Mac (the "Corporation") and the Freddie Mac Foundation (the "Foundation") are charitable, nonbusiness related contributions to tax exempt organizations. We have discontinued the reporting of payments to nonprofit organizations that are fee-for-service and purely business-related expenditures. These payments, which include such things as credit counseling fees, appeared in previous reports in the table entitled "Freddie Mac Paid Fee for Service."
The Foundation makes contributions from its endowment and does not receive funding from the Corporation.
- Freddie Mac Payments to Nonprofits:
- Corporate Community Investments – Freddie Mac's community investments support nonprofits that create and preserve affordable housing, help prevent foreclosures, and strengthen communities.
Please note: For a list of Freddie Mac Foundation grants and contributions, please visit the Foundation website. - Housing Industry Support – Freddie Mac provides contributions to industry associations and nonprofit organizations that work to strengthen the mortgage and housing markets.
- Freddie Mac Community Relations Donor Assisted Fund (DAF) – In 2002, Freddie Mac entered into an agreement with the Community Foundation for the National Capital Region which established the Freddie Mac Community Relations Donor Assisted Fund (DAF). Freddie Mac funded the DAF by making a one-time irrevocable gift to the Community Foundation in 2003. The Community Foundation authorizes distributions from the DAF, although Freddie Mac can, and does make recommendations for such distributions. These investments support nonprofits that create and preserve affordable housing, help prevent foreclosures, and strengthen communities.
- Corporate Community Investments – Freddie Mac's community investments support nonprofits that create and preserve affordable housing, help prevent foreclosures, and strengthen communities.
- Archived Years:
- 2010 Charitable Contributions
- 2010 Housing Industry Support
- 2010 Homeowner Counseling – Fees for Services
- 2010 Freddie Mac Community Relations Donor Assisted Fund (DAF)
- 2009 Corporate Contributions
- 2009 Housing Industry Support
- 2009 Homeowner Counseling – Fees for Services
- 2008 Corporate Contributions
- 2007 Corporate Contributions
Affordable Housing
Ensuring that America's families are able to have access to affordable housing is one of our top priorities.
Community Programs
Our efforts nationwide are strengthening the fabric of communities across America.
Corporate Community Investments
Our corporate community investments complement Freddie Mac's mission to support the housing market. The contributions we make to nonprofit organizations help families find affordable homes and stay in their homes, and strengthen communities.
Diversity
We foster an increasingly diverse work culture where all employees have the opportunity to be included, add value and contribute. Our commitment to diversity also includes ensuring supplier diversity.
Educating and Protecting Consumers
We also make home possible for more families by bringing financial literacy, homebuyer education and anti-predatory lending information to communities across the nation.
Employee Volunteerism
Freddie Mac's employees participate in our philanthropy through a strong giving and volunteerism program.
Freddie Mac Foundation
The Freddie Mac Foundation's focus is on making home a place where children and families thrive and on three funding areas: Stable Homes/Stable Families, Foster Care and Adoption, and Academic and Career Success.
Through our Foundation we support many charitable organizations and civic groups that strengthen families and communities.
