Friends of Fridley Educations Found is a private foundation focused on Education, based in FRIDLEY, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $627K in total assets. In 2024, it awarded 3 grants totaling $61K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$627K
+2.3% YoY
Annual Giving
$61K
+22.3% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$20K
+22.3% YoY
Under IRS private-foundation payout rules, Friends of Fridley Educations Found reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
About Friends of Fridley Educations Found
Based on IRS filings
Friends of Fridley Educations Found is a private foundation focused on Education, based in FRIDLEY, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $627K in total assets. In 2024, it awarded 3 grants totaling $61K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $626,879 | $612,869 | $662,506 |
| Revenue | $91,022 | $13,040 | $78,871 |
| Expenses | $77,012 | $62,677 | $60,741 |
| Qualifying Distributions | $61,155 | $50,000 | $49,200 |
| Net Investment Income | $26,421 | $22,355 | $19,368 |
| Distributable Amount | $83,358 | $35,149 | $34,993 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fridley Schools Foundation ($44,155), Fridley Historical Society ($15,000), Spring Brook Nature Center ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRIDLEY SCHOOLS FOUNDATION FRIDLEY, MN | SCHOLARSHIPS - EDUCATION | $44,155 |
| FRIDLEY HISTORICAL SOCIETY FRIDLEY, MN | EDUCATION | $15,000 |
| SPRING BROOK NATURE CENTER FRIDLEY, MN | EDUCATIONAL | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RON ACKERMAN | PRESIDENT | — | — |
| GREGORY GARDNER | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Fridley Educations Found?
Friends of Fridley Educations Found is a private foundation focused on Education, based in FRIDLEY, MN. It holds $627K in total assets as of 2024.
How large is Friends of Fridley Educations Found?
As of 2024, Friends of Fridley Educations Found holds $627K in total assets with $91K in annual revenue. It awarded 3 grants totaling $61K in 2024.
Where does Friends of Fridley Educations Found operate?
Friends of Fridley Educations Found has awarded grants in Minnesota.
What size grants does Friends of Fridley Educations Found award?
In 2024, Friends of Fridley Educations Found awarded 3 grants totaling $61K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Friends of Fridley Educations Found required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of Fridley Educations Found reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of Fridley Educations Found's EIN?
Friends of Fridley Educations Found's EIN (Employer Identification Number) is 46-4924323. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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