Fredman Family Foundation Inc

WATER MILL, NY EIN: 27-1430745

Fredman Family Foundation Inc is a private foundation established in 2010 and recognized as tax-exempt by the IRS. The foundation is based in Water Mill, New York and operates as a 501(c)(3) organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$52.0M

+7.3% YoY

Annual Giving

$2.3M

+0.3% YoY

Grant Count

49

+16.7% YoY

Avg Grant Size

$47K

-14.0% YoY

Under IRS private-foundation payout rules, Fredman Family Foundation Inc reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation promotes philanthropy through active partnerships with individuals and families, as well as through alliances with agencies, synagogues, and other community organizations.

Primary funding areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

The foundation made 33 grants in 2023.

Average Grant

amount: $25,000

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Geographic Focus

Where this funder awards grants

Primary funding areas include New York, California, and Colorado. The foundation has also supported organizations in Florida.

Grant Distribution by State

20states
+12 more states

Cities

ArlingtonAustinAvonBasaltBeaver CreekBostonBoulderBridgehamptomBridgehamptonBrooklynCedar RapidsChathamChicagoCoral GablesDenverEast HamptonEastonGreenfieldHaverhillHermitage

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $51,978,936
  • Total giving: $2,286,500

Assets & Revenue (2023):

  • Total assets: $48,443,979
  • Total revenues: $2,082,679
  • Total expenses: $2,512,848

Historical Assets (2009):

  • Fair market value of all assets: $3,500,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20202021202220232024
Metric202420232022
Total Assets$51,978,936$48,443,979$45,416,598
Revenue$3,776,805$2,082,679$1,818,061
Expenses$2,436,380$2,512,848$2,298,594
Qualifying Distributions$2,335,097$2,338,437$2,180,709
Net Investment Income$3,484,220$2,929,624$2,883,904
Distributable Amount$2,471,258$2,280,810$2,282,131

Giving Over Time

Total grant dollars and number of grants per year

$0$572K$1M$2M$2M25 grants202025 grants202140 grants202242 grants202349 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BREAKTHROUGH COLLABORATIVE$250KUNIVERSITY OF MIAMI SCHO…$125KEARTHJUSTICE$100KPADDLERS FOR HUMANITY$100KPLANNED PARENTHOOD FEDER…$100KTHE NATURE CONSERVATORY$100KWORLD WILDLIFE FUND$100KBRENNAN CENTER FOR JUSTICE$75KGIVEWELL$70KTHE LIFE YOU CAN SAVE$60K

Grant Size Distribution

181 grants across all recorded years

110<$50K43$50–100K17$100–250K7$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Breakthrough Collaborative ($250,000), University of Miami School of Law ($125,000), Earthjustice ($100,000).

RecipientPurposeAmount
ALICE'S KIDS MOUNT VERNON, VADONATION TO ENHANCE THE SELF-ESTEEM OF CHILDREN IN NEED BY PROVIDING THEM WITH TARGETED INDIVIDUAL ASSISTANCE TO FACILITATE THEIR PARTICIPATION IN SCHOLASTIC, RECREATIONAL AND SOCIAL ACTIVITIES.$30,000
AMERICAN FRIENDS OF COMBATANTS FOR PEACE NEW YORK, NYTO SUPPORT THE MISSION OF COMBATANTS FOR PEACE, WHICH IS A GRASSROOTS MOVEMENT OF ISRAELIS AND PALENSTINIANS, WORKING TOGETHER TO END THE OCCUPATION AND BRING PEACE$15,000
BREAKTHROUGH COLLABORATIVE OAKLAND, CATO PROVIDE ACADEMIC, COLLEGE-ACCESS AND PEER-MONITORING PROGRAMS TO HELP UNDER-SOURCED STUDENTS SUCCEED IN COLLEGE.$250,000
BRENNAN CENTER FOR JUSTICE NEW YORK, NYTO PROVIDE SUPPORT TO IMPROVE THE AMERICAN SYSTEMS OF DEMOCRACY AND JUSTICE$75,000
BRIDGEHAMPTOM CHILD CARE & RECREATION CENTER BRIDGEHAMPTOM, NYTO ASSIST IN THE ORGANIZATION'S MISSION OF DELIVERING THE HIGHEST QUALITY CHILDCARE, YOUTH AND ADULT DEVELOPMENT SERVICES TO LOWER INCOME FAMILIES AND THE GROWING IMMIGRANT POPULATION IN BRIDGEHAMPTON$25,000
CODEART MIAMI, FLDONATION TO ENCOURAGE GIRLS TO STUDY COMPUTER SCIENCE BY DELIGHTING AND INSPIRING THEM WITH THE CREATIVE POSSIBILITIES OF COMPUTER PROGRAMMING.$25,000
COLORADO OPEN LANDS LAKEWOOD, COTO PRESERVE THE SIGNIFICANT OPEN LANDS AND NATURAL HERITAGE OF COLORADO THROUGH PRIVATE AND PUBLIC PARTNERSHIPS, INNOVATIVE LAND CONSERVATION TECHNIQUES AND STRATEGIC LEADERSHIP.$25,000
COLUMBIA UNIVERSITY NEW YORK, NYTO PROVIDE ACADEMIC SUPPORT$36,000
COUNCIL ON STRATEGIC RISKS WASHINGTON, DCTO PROVIDE SUPPORT IN ANTICIPATING, ANALYZING AND ADDRESSING CORE SYSTEMATIC RISKS TO SECURITY IN THE 21ST CENTURY$20,000
DIRECT RELIEF SANTA BARBARA, CATO ASSIST IN THE ORGANIZATION'S MISSION TO IMPROVE THE HEALTH AND LIVES OF PEOPLE AFFECTED BY POVERTY OR EMERGENCY SITUATIONS BY MOBILIZING AND PROVIDING ESSENTIAL MEDICAL RESOURCES NEEDED FOR THEIR CARE.$55,000

Leadership & Key People

Leadership team and compensation from IRS filings

Trustees include:

  • Andrew Fredman
  • Kerin McCarthy Fredman
  • Lauren Huot

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KERIN MCCARTHY FREDMANDIRECTOR1
LAUREN HUOTDIRECTOR1

Frequently Asked Questions

What does Fredman Family Foundation Inc fund?

The foundation promotes philanthropy through active partnerships with individuals and families, as well as through alliances with agencies, synagogues, and other community organizations. Primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Fredman Family Foundation Inc?

**Grant Activity:** • Total giving: $2,286,500 (based on most recent IRS 990 filing for 2024) • Typical award range: $1,000–$500,000 • Average grant amount: $25,000 **Recent Grants (2023):** • Breakthrough Collaborative: $250,000 (to provide academic, college-access and peer-monitoring programs for under-resourced students) • World Wildlife Fund (WWF): $100,000 (wildlife conservation support) • The Troy Andrews Foundation: $60,000 (to support the Fredman Music Institute, which provides music ed…

Where does Fredman Family Foundation Inc make grants?

Primary funding areas include New York, California, and Colorado. The foundation has also supported organizations in Florida.

What size grants does Fredman Family Foundation Inc award?

In 2024, Fredman Family Foundation Inc awarded 49 grants totaling $2.3M — an average of about $47K per grant, based on its IRS Form 990 filings.

How much is Fredman Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fredman Family Foundation Inc reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fredman Family Foundation Inc's EIN?

Fredman Family Foundation Inc's EIN (Employer Identification Number) is 27-1430745. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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