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Louis And Phyllis Friedman Foundation Inc. is a private corporation based in TOWSON, MD. The foundation received its IRS ruling in 1996. The principal officer is Louis F Friedman. It holds total assets of $6.7M. Annual income is reported at $1.7M. Total assets have grown from $2.1M in 2011 to $6.4M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. Grantmaking is concentrated in Maryland. According to available records, Louis And Phyllis Friedman Foundation Inc. has made 131 grants totaling $3M, with a median grant of $10K. Annual giving has grown from $403K in 2019 to $1.6M in 2022. Individual grants have ranged from $500 to $300K, with an average award of $23K. The foundation has supported 33 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$32K
Largest Grant
$300K
Based on 25 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Louis And Phyllis Friedman Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 131 grants. Its grantmaking reaches organizations primarily in MD.
Louis And Phyllis Friedman Foundation Inc. has distributed a total of $3M across 131 grants. The median grant size is $10K, with an average of $23K. Individual grants have ranged from $500 to $300K.
Louis And Phyllis Friedman Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Louis And Phyllis Friedman Foundation Inc. is headquartered in TOWSON, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Samuel H Friedman | V.P./DIR. | $0 | $0 | N/A |
| Phyllis C Friedman | SEC./DIR. | $0 | $0 | N/A |
| Louis F Friedman | PRES./DIR. | $0 | $0 | N/A |
| Robert A Fuld | DIRECTOR | $0 | $0 | N/A |
Total Giving
$797K
Total Assets
$6.4M
Fair Market Value
$19M
Net Worth
$6.4M
Grants Paid
$750K
Contributions
$500K
Net Investment Income
$575K
Distribution Amount
$806K
Total Grants
131
Total Giving
$3M
Average Grant
$23K
Median Grant
$10K
Unique Recipients
33
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Baltimore Medical CenterL&P FRIEDMAN BUILDING | Baltimore, MD | $300K | 2022 |
| Kennedy Krieger Foundation IncOSTEOGENESIS IMPERFECTA RESEARCH FD | Baltimore, MD | $100K | 2022 |
| Sinai Hospital Of Baltimore IncHERZENBERG GRATEFUL PATIENT FUND | Baltimore, MD | $100K | 2022 |
| Univ Md St Joseph Medical Ctr FdtnPEDIATRICS UNIT PLAYROOM | Towson, MD | $50K | 2022 |
| Community Foundation Of Harford CoSTACK & STORE HARFORD COMMUNITY FUND | Bel Air, MD | $10K | 2022 |
| Associated Jewish CharitiesIDALEE FRIEDMAN SCHOLARSHIP & PRIZE | Baltimore, MD | $10K | 2022 |
| Boys & Girls Club Of Harford CountyEQUIPMENT STEM PROGRAM | Aberdeen, MD | $10K | 2022 |
| Carson Scholars Fund2022 SCHOLARSHIP AWARDS RECOGNITION | Towson, MD | $10K | 2022 |
| Chizuk Amuno CongregationL&P FRIEDMAN SCHOLARS FUND | Baltimore, MD | $10K | 2022 |
| University Of Md School Of LawERIN LEVITAS INITIATIVE | Baltimore, MD | $10K | 2022 |
| Johns Hopkins Kimmel Cancer CenterL&P FRIEDMAN FUND PEDIATRIC ONCOLOGY | Baltimore, MD | $5K | 2022 |
| Comprehensive Housing AssistancePIKESVILLE SCHOOLS COALITION | Baltimore, MD | $3K | 2022 |
| Boys' Latin School Of MarylandOPERATIONS | Baltimore, MD | $3K | 2022 |
| Living Classrooms FoundationOPERATIONS | Baltimore, MD | $3K | 2022 |
| Carroll Hospital AuxiliaryCARROLL HOSPITAL AUXILIARY BALL | Westminster, MD | $2K | 2022 |
| Santa'S Helpers AnonymousOPERATIONS | Phoenix, MD | $2K | 2022 |
| Maryland SpcaOPERATIONS | Baltimore, MD | $1K | 2022 |
| Millbrook Elementary SchoolTEACHER APPRECIATION | Baltimore, MD | $500 | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD