Freidenrich Family Foundation
- Assets
- $1.8m
- Revenue
- $204.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 01/1982
- Data as of
- 11/2023
- EIN
- 94-2781744
Organization Overview
Freidenrich Family Foundation is located in Menlo Park, CA. The organization was established in 1982. 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. Freidenrich 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 11/2023, Freidenrich Family Foundation generated $204.3k 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 (16.7%) each year. All expenses for the organization totaled $483.1k during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Freidenrich Family Foundation has awarded 74 individual grants totaling $4,102,450. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Freidenrich President | 0 | $0 | |
Allison Kermott Secretary | 0 | $0 | |
Peter Gifford Chief Financial Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,394 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,988 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,572 |
| Capital Gain Net Income | $141,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,393 |
| Total Revenue | $204,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,393 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $23,073 |
| Contributions, gifts, grants paid | $460,000 |
| Total expenses and disbursements | $483,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $153,455 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,837,162 |
| 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, Freidenrich Family Foundation has awarded $460,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BAY AREA CANCER CONNECTIONS PURPOSE: UNRESTRICTED | $350,000 |
EPACENTER PURPOSE: UNRESTRICTED | $50,000 |
PALO ALTO COMMUNITY FUND PURPOSE: UNRESTRICTED | $20,000 |
SECOND HARVEST FOOD BANK PURPOSE: UNRESTRICTED | $10,000 |
CATHOLIC WORKER HOUSE PURPOSE: UNRESTRICTED | $10,000 |
KQED PURPOSE: GENERAL SUPPORT | $10,000 |