Friedman Family Foundation
- Assets
- $1.5m
- Revenue
- $62.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1983
- Data as of
- 12/2023
- EIN
- 13-3181247
Organization Overview
Friedman Family Foundation is located in New York, NY. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friedman Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Friedman Family Foundation generated $62.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $64.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Friedman Family Foundation has awarded 114 individual grants totaling $668,020. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Friedman-Deceased 04302024 Vice-Pres. | 2 | $0 | |
Mark L Friedman Vice-Pres. | 2 | $0 | |
Cheryl Friedman Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,114 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$468 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $846 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $1,021 |
| Contributions, gifts, grants paid | $63,800 |
| Total expenses and disbursements | $64,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $370,324 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $592,415 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,467,124 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Friedman Family Foundation has awarded $63,800 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF OHEV YISRAEL PURPOSE: GENERAL FUND | $1,800 |
CHABAD CENTER FOR JEWISH LIFE PURPOSE: GENERAL FUND | $3,600 |
CHABAD OF HOBOKEN PURPOSE: GENERAL FUND | $15,000 |
GAMBINO MEDICAL AND SCIENCE FOUNDATION PURPOSE: GENERAL FUND | $5,000 |
FRIENDS OF KISHINEV JEWRY PURPOSE: GENERAL FUND | $1,800 |
KAV LNOAR FOUNDATION PURPOSE: GENERAL FUND | $18,000 |