Friese Foundation

Organization Overview

Friese Foundation is located in Chatsworth, CA. The organization was established in 2019. 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. Friese 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 12/2021, Friese Foundation generated $11.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (35.1%) each year. All expenses for the organization totaled $5.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Friese Foundation has awarded 168 individual grants totaling $12,831,000. 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)Compensation
Donald E Friese
Director
$0
Andrea Friese
Director, Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,884,087
Net Rental Income$0
Net Gain on Sale of Assets $9,321,295
Capital Gain Net Income $9,321,295
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $7,452
Total Revenue $11,212,834

Grants Awarded

Over the last fiscal year, Friese Foundation has awarded $5,086,000 in support to 63 organizations.

Grant RecipientAmount

SALVATION ARMY

PURPOSE: PROVIDE VITAL RESOURCES TO LOW-INCOME FAMILIES AFFECTED BY THE COVID-19 CRISIS

$600,000

SHELDRICK WILDLIFE TRUST

PURPOSE: FOR SUPPORT OF ELEPHANTS AND WILDLIFE CONSERVATION IN KENYA

$400,000

NATIONAL VETERANS FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL PROGRAM SUPPORT TO SERVE MEN AND WOMEN VETERANS GENERAL SUPPORT

$300,000

LOS ANGELES REGIONAL FOOD BANK

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: PROVIDED FOOD THROUGH THE PARTNER AGENCY NETWORK AND FOOD BANK DIRECT DISTRIBUTION PROGRAMS

$300,000

ELEVATE CHURCH

PURPOSE: EXPANSION OF BUILDING FUND

$300,000

CHILDHELP USA

PURPOSE: SUPPORT CHILDHELP NATIONAL CHILD ABUSE HOTLINE

$200,000
View Grant Profile

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