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Karl Friedman Family Foundation is a private corporation based in CHERRY HL VLG, CO. The foundation received its IRS ruling in 1997. The principal officer is Karl Friedman. It holds total assets of $2.5M. Annual income is reported at $522K. Total assets have grown from $2.1M in 2011 to $2.6M in 2023. The foundation is governed by 2 officers and trustees. Provision of funding other charities for continuation of their charitable activities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Karl Friedman Family Foundation has made 6 grants totaling $1.1M, with a median grant of $215K. Annual giving has grown from $200K in 2020 to $250K in 2023. Grantmaking activity was highest in 2022 with $500K distributed across 2 grants. Individual grants have ranged from $100K to $250K, with an average award of $188K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
Provision of funding other charities for continuation of their charitable activities
Expenses: $200K
Provision of funding other charities for continuation of their charitable activities. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CO.
Karl Friedman Family Foundation has distributed a total of $1.1M across 6 grants. The median grant size is $215K, with an average of $188K. Individual grants have ranged from $100K to $250K.
Karl Friedman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Karl Friedman Family Foundation is headquartered in CHERRY HL VLG, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karl Friedman | DIRECTOR | $0 | $0 | N/A |
| Barbara Friedman | DIRECTOR | $0 | $0 | N/A |
Total Giving
$252K
Total Assets
$2.6M
Fair Market Value
$5.8M
Net Worth
$2.6M
Grants Paid
$250K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$261K
Total: $111K
Total Grants
6
Total Giving
$1.1M
Average Grant
$188K
Median Grant
$215K
Unique Recipients
2
Most Common Grant
$250K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Denver FoundationCOMMUNITY OUTREACH | Denver, CO | $250K | 2023 |
| Aspen Community FoundationCOMMUNITY OUTREACH | Basalt, CO | $180K | 2021 |