Friedman - French Foundation Inc
- Assets
- $51.5m
- Revenue
- $2.0m
- Investments
- $48.9m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/1993
- Data as of
- 06/2021
- 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 06/2021, Friedman - French Foundation Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Friedman - French Foundation Inc has awarded 231 individual grants totaling $13,361,075. 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
2021
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 & Treasurer | 2 | $0 | |
Kindy French Vice President & Asst Trea | 2 | $0 | |
Simone Friedman Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $16,943 |
| Dividends & Interest | $2,050,525 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$156,944 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,368 |
| Total Revenue | $1,962,892 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $120,747 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $345,648 |
| Total operating and administrative expenses | $493,238 |
| Contributions, gifts, grants paid | $1,796,530 |
| Total expenses and disbursements | $2,289,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,541,228 |
| 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 | $48,555,738 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $51,465,091 |
| 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 | $98,638 |
| Total liabilities | $98,638 |
Grants Awarded
Over the last fiscal year, Friedman - French Foundation Inc has awarded $1,796,530 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Monica, CA PURPOSE: DONATION | $684,000 |
Washington, DC PURPOSE: DONATION | $300,000 |
CHABAD LUBAVITCH OF NORTHERN VIRGINIA PURPOSE: DONATION | $160,000 |
GLOBAL WILDLIFE CONSERVATION PURPOSE: DONATION | $100,000 |
SIXTH & I HISTORIC SYNAGOGUE PURPOSE: DONATION | $100,000 |
North Bethesda, MD PURPOSE: DONATION | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Stephen And Renee Bisciotti Foundation Inc Baltimore, MD | $229,911,583 | $55,799,955 |
Norman R Rales And Ruth Rales Foundation Washington, DC | $221,982,032 | $95,551,218 |
T Rowe Price Foundation Baltimore, MD | $114,583,054 | $23,335,778 |
Edward C And Linda Dresner Levy Foundation Reston, VA | $6,482,787 | $4,609,179 |
Mann-Paller Foundation Inc Bethesda, MD | $80,615,648 | $30,572,645 |
Northrop Grumman Foundation Falls Church, VA | $33,455,291 | $16,167,307 |
Regent Philanthropic Foundation Inc Hunt Valley, MD | $5,466,613 | $606,006 |