Linda D Friedman Family Foundation
- Assets
- $558.7k
- Revenue
- $244.0k
- Investments
- $508.3k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 82-3730336
Organization Overview
Linda D Friedman Family Foundation is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Linda D Friedman 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 12/2023, Linda D Friedman Family Foundation generated $244.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $263.9k during the year ending 12/2023. While expenses have increased by 13.2% per year over the past 6 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 2018, Linda D Friedman Family Foundation has awarded 77 individual grants totaling $1,064,750. 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 |
|---|---|---|---|
Linda D Friedman President | 0 | $0 | |
Richard Friedman Director | 0 | $0 | |
Michael Friedman Director | 0 | $0 | |
Joan Friedman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $245,141 |
| Interest on Savings | $3,681 |
| Dividends & Interest | $2,294 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,146 |
| Capital Gain Net Income | $102,757 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $243,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $7,647 |
| Contributions, gifts, grants paid | $256,300 |
| Total expenses and disbursements | $263,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $49,448 |
| Net Accounts receivable | $883 |
| 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 | $307,940 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $558,675 |
| 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, Linda D Friedman Family Foundation has awarded $256,300 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHSHORE SENIOR CENTER PURPOSE: CHARITABLE | $1,000 |
STEPPONWOLF THEATER PURPOSE: CHARITABLE | $2,300 |
SEEDS OF HOPE PURPOSE: CHARITABLE | $8,000 |
ILLINOIS HOLOCAUST MUSEUM PURPOSE: CHARITABLE | $10,000 |
ACLU OF ILLINOIS PURPOSE: CHARITABLE | $25,000 |
ANSHE EMET SYNAGOGUE PURPOSE: CHARITABLE | $25,000 |