Friedman - French Foundation Inc
- Assets
- $54.8m
- Revenue
- $993.1k
- Investments
- $54.1m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1993
- Data as of
- 06/2024
- EIN
- 52-1853718
Organization Overview
Friedman - French Foundation Inc is located in Washington, DC. The organization was established in 1993. 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 - French 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 06/2024, Friedman - French Foundation Inc generated $993.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $1.9m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Friedman - French Foundation Inc has awarded 282 individual grants totaling $16,585,375. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
THE FOUNDATION'S CHARITABLE ACTIVITIES CONSISTS SOLELY OF MAKING CONTRIBUTIONS TO A VARIETY OF CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emanuel Friedman President | 2 | $0 | |
Kindy French Vice President & Treasurer | 2 | $0 | |
Simone Friedman Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,407 |
| Dividends & Interest | $1,948,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,013,047 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $42,186 |
| Total Revenue | $993,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,909 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $216,802 |
| Total operating and administrative expenses | $267,531 |
| Contributions, gifts, grants paid | $1,635,000 |
| Total expenses and disbursements | $1,902,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $673,054 |
| 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 | $53,731,112 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $54,772,291 |
| 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 - French Foundation Inc has awarded $1,635,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
613 FOUNDATION PURPOSE: DONATION | $50,000 |
ALLIANCE TO COUNTER CRIME ONLINE PURPOSE: DONATION | $25,000 |
CASEY TREES PURPOSE: DONATION | $25,000 |
CHABAD LUBAVITCH OF NORTHERN VIRGINIA PURPOSE: DONATION | $50,000 |
AMERICA GIVES PURPOSE: DONATION | $10,000 |
CHARITIES AID FOUNDATION AMERICA - THE FRIENDS OF TUSK FUND PURPOSE: DONATION | $100,000 |