Friedel Family Foundation
- Assets
- $0.0
- Revenue
- $803.0k
- Investments
- $4.4m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 86-0938348
Organization Overview
Friedel Family Foundation is located in Austin, TX. The organization was established in 1999. 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. Friedel 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 12/2021, Friedel Family Foundation generated $803.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $363.8k during the year ending 12/2021. While expenses have increased by 1.4% 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, Friedel Family Foundation has awarded 1,107 individual grants totaling $2,602,291. 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 |
|---|---|---|---|
Lynne F Gellman Secretary/treasurer | 2 | $0 | |
Randi F Jablin President | 1 | $0 | |
Steve Gellman Vice President | 2 | $10,200 | |
Jay D Gellman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,064 |
| Dividends & Interest | $92,153 |
| Profit on Inventory Sales | $0 |
| Other Income | -$56,047 |
| Total Revenue | $802,973 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $63,773 |
| Contributions, gifts, grants paid | $299,994 |
| Total expenses and disbursements | $363,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $437,507 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Friedel Family Foundation has awarded $329,882 in support to 110 organizations.
| Grant Recipient | Amount |
|---|---|
YOU GOT THIS CORP PURPOSE: TO FUND DAILY OPERATIONS | $400 |
ZACHARY SCOTT THEATRE PURPOSE: TO FUND DAILY OPERATIONS | $800 |
WOMEN'S STORYBOOK PROJECT PURPOSE: TO FUND DAILY OPERATIONS | $500 |
WESTSIDE FOUNDATION PURPOSE: TO FUND DAILY OPERATIONS | $1,140 |
USO PURPOSE: TO FUND DAILY OPERATIONS | $200 |
UNITED WAY- CAPITAL AREA PURPOSE: TO FUND DAILY OPERATIONS | $750 |