Richard A and Susan P Friedman Family
Richard A and Susan P Friedman Family is a private foundation, based in New York, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $9.4M in total assets. In 2025, it awarded 1 grant totaling $655K. Net investment income was $873K.
Key facts about Richard A and Susan P Friedman Family
In short: Richard A and Susan P Friedman Family gave $655K across 1 grant in 2025 (avg $655K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 13-3634385
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $655,100
- Grants made (2025)
- 1
- Average grant
- $655,100
- Median grant
- $655,100
- Total assets
- $9,435,299
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$9.4M
+1.5% YoY
Annual Giving
$655K
-84.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$655K
-84.8% YoY
Under IRS private-foundation payout rules, Richard A and Susan P Friedman Family reported a distributable amount of $448K for 2025 — the minimum it must pay out in qualifying distributions.
How Richard A and Susan P Friedman Family gives
- Giving fell 88% from 2022 to 2025. Method
- In 2025 it paid out 147% 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
Share of the 2025 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $655K (2025) to $5.3M (2021). In 2025 it made 1 grant totaling $655K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 5 (40%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached List New York, NY | General | $655,100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $9,435,299 | $9,296,331 | $11,957,659 |
| Revenue | $819,234 | $1,654,057 | $1,740,910 |
| Expenses | $680,266 | $4,317,256 | $2,629,844 |
| Qualifying Distributions | $657,700 | $4,302,050 | $2,629,750 |
| Net Investment Income | $872,608 | $1,656,887 | $1,742,568 |
| Distributable Amount | $448,135 | $508,619 | $697,792 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Officers and directors from IRS filings
Richard A and Susan P Friedman Family is led by Richard A. Friedman, Trustee on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Richard A. Friedman
Trustee
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Richard A and Susan P Friedman Family
How much does Richard A and Susan P Friedman Family give each year?
Richard A and Susan P Friedman Family gave $655K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4.3M across 1 grant.
How large is Richard A and Susan P Friedman Family?
Richard A and Susan P Friedman Family reported $9.4M in total assets on its 2025 IRS Form 990-PF. It paid out $658K in qualifying distributions that year, against a required minimum of $448K (roughly 5% of its investment assets).
Where does Richard A and Susan P Friedman Family operate?
Richard A and Susan P Friedman Family has awarded grants in Florida, New York.
What is Richard A and Susan P Friedman Family's EIN?
Richard A and Susan P Friedman Family's EIN (Employer Identification Number) is 13-3634385. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Richard A and Susan P Friedman Family by hand.
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