Louis & Phyllis Friedman Foundation
The Louis and Phyllis Friedman Foundation is a private foundation based in Towson, Maryland, established in 1996. The foundation operates as a 501(c)(3) organization and focuses its philanthropic efforts on education, health care, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.7M
+4.4% YoY
Annual Giving
$794K
+5.9% YoY
Grant Count
41
+51.9% YoY
Avg Grant Size
$19K
-30.3% YoY
Under IRS private-foundation payout rules, Louis & Phyllis Friedman Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Health and medical services
- Community health
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation provided a $1 million naming gift to Stevenson University for the Phyllis and Louis Friedman Concert Hall within the new Berman Family Performing Arts Center.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Maryland
- Louisiana
- Pennsylvania
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $6,651,074
- Total revenues: $1,142,230
- Total expenses: $860,517
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,651,074 | $6,369,361 | $6,054,262 |
| Revenue | $1,142,230 | $1,112,564 | $1,225,772 |
| Expenses | $860,517 | $797,465 | $844,374 |
| Qualifying Distributions | $794,000 | $750,000 | $788,500 |
| Net Investment Income | $783,513 | $574,853 | $583,221 |
| Distributable Amount | $1,006,044 | $805,929 | $764,472 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
148 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Greater Baltimore Medical Center ($200,000), Kennedy Krieger Foundation Inc ($100,000), Sinai Hospital of Baltimore Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALVIN S MINTZES HATZALAH OF BALT BALTIMORE, MD | OPERATIONS | $10,000 |
| ANIMAL RESCUE NEW ORLEANS NEW ORLEANS, LA | OPERATIONS | $5,000 |
| ASSISTANCE CTR OF TOWSON CHURCHES TOWSON, MD | OPERATIONS | $12,500 |
| ASSOCIATED JEWISH CHARITIES BALTIMORE, MD | IDALEE FRIEDMAN SCHOLARSHIP & PRIZE | $10,000 |
| ASSOCIATED JEWISH CHARITIES BALTIMORE, MD | OPERATIONS | $10,000 |
| BALTIMORE HUMANE SOCIETY REISTERSTOWN, MD | PET CEMETERY RESTORATION | $20,000 |
| BETH AM SYNAGOGUE BALTIMORE, MD | OPEN DOORS ANNUAL FUND | $2,500 |
| BOLTON STREET SYNAGOGUE BALTIMORE, MD | M ZABNER YOUTH EDUCATION FUND | $2,500 |
| BOYS & GIRLS CLUBS OF METRO BALTO BALTIMORE, MD | PIKESVILLE MD PROGRAMS | $25,000 |
| BOYS' LATIN SCHOOL OF MARYLAND BALTIMORE, MD | ART ROOM, SMITH HALL | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Louis F. Friedman (President and Treasurer)
- Phyllis C. Friedman (Secretary)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS F FRIEDMAN | PRES./DIR. | 2 | — |
| PHYLLIS C FRIEDMAN | SEC./DIR. | 2 | — |
| SAMUEL H FRIEDMAN | V.P./DIR. | — | — |
| ROBERT A FULD | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
The Louis and Phyllis Friedman Building at Greater Baltimore Medical Center received an Award of Merit in the 2024 MidAtlantic Best Projects competition. The three-story, 120,000-square-foot addition serves as the hospital's new main entrance and was completed in 29 months at budget and on schedule as part of the medical center's Promise Project.
Award of Merit, Health Care: Louis and Phyllis Friedman Building | EngineeringSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Louis & Phyllis Friedman Foundation fund?
The foundation's primary funding areas include: • Education • Health and medical services • Community health • Human services • Philanthropy and voluntarism
How do I apply for a grant from Louis & Phyllis Friedman Foundation?
**Grant Activity:** • Total giving: $794,000 (most recent fiscal year) • Number of grants: 26 grants made in the most recent year • Typical award range: $500–$300,000 **Recent Grants:** • Greater Baltimore Medical Center (L&P Friedman Building): $200,000 • Kennedy Krieger Foundation (Osteogenesis Imperfecta Fund): $100,000 • Medical Staff of Sinai Hospital of Baltimore (Clinical Advancement Fund): $50,000 **Notable Contributions:** The foundation provided a $1 million naming gift to Stevenson U…
Where does Louis & Phyllis Friedman Foundation make grants?
The foundation primarily funds organizations in: • Maryland • Louisiana • Pennsylvania
What size grants does Louis & Phyllis Friedman Foundation award?
In 2024, Louis & Phyllis Friedman Foundation awarded 41 grants totaling $794K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Louis & Phyllis Friedman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Louis & Phyllis Friedman Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Louis & Phyllis Friedman Foundation's EIN?
Louis & Phyllis Friedman Foundation's EIN (Employer Identification Number) is 52-1953450. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Louis & Phyllis Friedman Foundation's focus areas in our free grants database
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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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