Block Freidman Family Foundation Inc
- Assets
- $32.9m
- Revenue
- $13.3m
- Investments
- $29.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1947
- Data as of
- 11/2023
- EIN
- 22-6026000
Organization Overview
Block Freidman Family Foundation Inc is located in New York, NY. The organization was established in 1947. 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. Block Freidman Family Foundation Inc 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 11/2023, Block Freidman Family Foundation Inc generated $13.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 64.1% each year . All expenses for the organization totaled $4.2m during the year ending 11/2023. While expenses have increased by 45.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Block Freidman Family Foundation Inc has awarded 140 individual grants totaling $15,991,996. 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 |
|---|---|---|---|
Thomas Block President, Director | 0 | $0 | |
Peggy Block Danziger Vice President, Director | 0 | $0 | |
Robert Heun Treasurer, Director | 0 | $0 | |
Philip Heimlich Secretary, Director | 0 | $0 | |
Marilyn Friedman Vice President, Director | 0 | $0 | |
Jonathan Block Vice President, Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,340,500 |
| Interest on Savings | $197,280 |
| Dividends & Interest | $816,900 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$60,339 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,294,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,609 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $920 |
| Total operating and administrative expenses | $13,608 |
| Contributions, gifts, grants paid | $4,215,000 |
| Total expenses and disbursements | $4,228,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,300,886 |
| 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 | $14,596,493 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,939,272 |
| Accounts payable and accrued expenses | $1,950 |
| 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 | $1,950 |
Grants Awarded
Over the last fiscal year, Block Freidman Family Foundation Inc has awarded $4,215,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET Y PURPOSE: UNRESTRICTED CHARITABLE CONTRIBUTION | $500,000 |
CENTRAL PARK CONSERVANCY PURPOSE: UNRESTRICTED CHARITABLE CONTRIBUTION | $10,000 |
HYDE SQUARE TASK FORCE PURPOSE: UNRESTRICTED CHARITABLE CONTRIBUTION | $25,000 |
CORNELL UNIVERSITY PURPOSE: UNRESTRICTED CHARITABLE CONTRIBUTION | $500,000 |
LINCOLN CENTER THEATER PURPOSE: UNRESTRICTED CHARITABLE CONTRIBUTION | $25,000 |
METROPOLITAN MUSEUM OF ART PURPOSE: UNRESTRICTED CHARITABLE CONTRIBUTION | $10,000 |