Robert & Linda Friedman Foundation is located in Charlottesville, VA. 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. Robert & Linda Friedman 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 01/2024, Robert & Linda Friedman Foundation generated $182.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 48.9% each year . All expenses for the organization totaled $115.4k during the year ending 01/2024. While expenses have increased by 3.0% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
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| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Robert A Friedman Trustee  | 0.25 | $0 | |
Linda S Friedman Trustee  | 0.25 | $0 | |
David M Friedman Trustee  | 0.25 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $149,941 | 
| Interest on Savings | $7,144 | 
| Dividends & Interest | $24,861 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $100 | 
| Total Revenue | $182,046 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $798 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $200 | 
| Total operating and administrative expenses | $27,898 | 
| Contributions, gifts, grants paid | $87,535 | 
| Total expenses and disbursements | $115,433 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,017 | 
| Savings and temporary cash investments | $73,810 | 
| 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 | $693,025 | 
| 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 | 
Over the last fiscal year, Robert & Linda Friedman Foundation has awarded $87,535 in support to 35 organizations.
| Grant Recipient | Amount | 
|---|---|
PLANNED PARENTHOOD PURPOSE: GENERAL  | $250 | 
PENNINGTON FUND PURPOSE: GENERAL  | $2,500 | 
FRENCHMAN'S CREEK CHARITIES FDN PURPOSE: GENERAL  | $1,000 | 
ST JUDE PURPOSE: GENERAL  | $1,125 | 
CENTRAL FUND OF ISRAEL PURPOSE: GENERAL  | $7,500 | 
TANGLEWOOD PURPOSE: GENERAL  | $5,000 |