Friedman Family Foundation
- Assets
- $0.0
- Revenue
- $1.4m
- Investments
- $9.9m
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- 07/1965
- Data as of
- 10/2022
- EIN
- 94-6109692
Organization Overview
Friedman Family Foundation is located in San Mateo, CA. The organization was established in 1965. 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. 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 10/2022, Friedman Family Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $13.3m during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor Friedman President | 0 | $0 | |
Robert Friedman VP & Secretary | 0 | $0 | |
David Friedman VP & Treasurer | 0 | $0 | |
Eleanor Friedman President | 0 | $0 | |
Robert Friedman VP & Secretary | 0 | $0 | |
David Friedman VP & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $40,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,316,230 |
| Capital Gain Net Income | $1,316,230 |
| Net ST Capital Gain | $169,512 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$26,284 |
| Total Revenue | $1,356,624 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $69,200 |
| Pension plans, employee benefits | $6,436 |
| Interest | $0 |
| Taxes | $38,482 |
| Depreciation | $1,078 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,339 |
| Total operating and administrative expenses | $154,357 |
| Contributions, gifts, grants paid | $13,165,972 |
| Total expenses and disbursements | $13,320,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $251,442 |
| 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 | $6,617,042 |
| Net Land, buildings, and equipment | $1,616 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $287 |
| 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, Friedman Family Foundation has awarded $13,130,458 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SEE SCHEDULE PURPOSE: SEE DETAILS ATTACHED | $2,510,000 |
SAN FRANCISCO FOUNDATION PURPOSE: GENERAL SUPPORT | $5,634,823 |
THE FAULTLINE FOUNDATION PURPOSE: GENERAL SUPPORT | $2,831,260 |
SAN FRANCISCO FOUNDATION PURPOSE: GENERAL SUPPORT | $1,437,789 |
THE FAULTLINE FOUNDATION PURPOSE: GENERAL SUPPORT | $711,328 |
THE FAULTLINE FOUNDATION PURPOSE: GENERAL SUPPORT | $1 |