Fries Family Foundation

Private foundation · Grantmaker Seattle, WA EIN: 91-6458447

Fries Family Foundation is a private foundation, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 1 grant totaling $200K. Net investment income was $4.8M.

Key facts about Fries Family Foundation

In short: Fries Family Foundation gave $200K across 1 grant in 2024 (avg $200K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
91-6458447
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$200,000
Grants made (2024)
1
Average grant
$200,000
Median grant
$200,000
Total assets
$9,420,389
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.4M

+91.2% YoY

Annual Giving

$200K

+995.9% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$200K

+3187.7% YoY

Under IRS private-foundation payout rules, Fries Family Foundation reported a distributable amount of $198K for 2024 — the minimum it must pay out in qualifying distributions.

How Fries Family Foundation gives

  • Giving grew 2977% from 2021 to 2024. Method
  • In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

SeattleBainbridge IslandIrvinePoulsbo

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K2 grants2020 1 grant2021 1 grant2022 3 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $7K (2021) to $200K (2024). In 2024 it made 1 grant totaling $200K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Univerity of California Irvine Foundation: $200KUniverity of California IrvineFoundation$200K

The largest 2024 recipient was Univerity of California Irvine Foundation ($200K).

Grant Size Distribution

8 grants across all recorded years

7<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 8 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Univerity of California Irvine Foundation Irvine, CASupport for Professor Don Hoffman's Research Fund$200,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$9,420,389$4,928,101$277,125
Revenue$4,869,957$4,679,002$9,944
Expenses$377,669$28,026$19,154
Qualifying Distributions$206,562$20,000$16,004
Net Investment Income$4,828,100$4,670,887$6,547
Distributable Amount$198,161—$15,846

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Fries Family Foundation is led by Karen Fries, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Karen Fries

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Fries Family Foundation

How much does Fries Family Foundation give each year?

Fries Family Foundation gave $200K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 3 grants.

How large is Fries Family Foundation?

Fries Family Foundation reported $9.4M in total assets on its 2024 IRS Form 990-PF. It paid out $207K in qualifying distributions that year, against a required minimum of $198K (roughly 5% of its investment assets).

Where does Fries Family Foundation operate?

Fries Family Foundation has awarded grants in California, Washington.

What is Fries Family Foundation's EIN?

Fries Family Foundation's EIN (Employer Identification Number) is 91-6458447. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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