The Bayard & Cornelia Friedman Fund
The Bayard & Cornelia Friedman Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Fort Worth, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $339K in total assets. In 2025, it awarded 3 grants totaling $14K. Net investment income was $4K.
Key facts about The Bayard & Cornelia Friedman Fund
In short: The Bayard & Cornelia Friedman Fund gave $14K across 3 grants in 2025 (avg $5K), mostly in New York. Source: 2025 IRS Form 990-PF.
- EIN
- 75-2886727
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $13,500
- Grants made (2025)
- 3
- Average grant
- $4,500
- Median grant
- $4,500
- Total assets
- $338,607
- 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
$339K
-0.7% YoY
Annual Giving
$14K
+62.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$5K
-46.0% YoY
Under IRS private-foundation payout rules, The Bayard & Cornelia Friedman Fund reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.
How The Bayard & Cornelia Friedman Fund gives
- Giving grew 170% from 2022 to 2025. Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 all 3 itemized 2025 grant dollars.
Cities
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 2025
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| THE ASSOCIATION FOR THE DEVELOPMENT New York, NY | DONATION | $5,000 |
| REGIONAL FOOD BANK Latham, NY | DONATION | $4,500 |
| ONE DROP OF KINDNESS FOUNDATION Kingston, NY | DONATION | $4,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $338,607 | $340,965 | $341,033 |
| Revenue | $15,075 | $107 | $130 |
| Expenses | $15,650 | $10,508 | $17,350 |
| Qualifying Distributions | $15,650 | $10,508 | $17,350 |
| Net Investment Income | $3,919 | $107 | $130 |
| Distributable Amount | $15,909 | $15,382 | $12,856 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 5, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 7, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
The Bayard & Cornelia Friedman Fund is led by Cornelia Nita Friedman, President since 2020 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Cornelia Nita Friedman
President
Vice President → President, 2020
On filings since 2019
No compensation reported
Alan D. Friedman
Vice President
On filings since 2019
No compensation reported
Harry B. Friedman II
Vice President
Treasurer → Vice President, 2020
On filings since 2019
No compensation reported
Walker C. Friedman
Secretary & Treasurer
Vice President → Secretary & Treasurer, 2020
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 The Bayard & Cornelia Friedman Fund
How much does The Bayard & Cornelia Friedman Fund give each year?
The Bayard & Cornelia Friedman Fund gave $14K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 1 grant.
What is The Bayard & Cornelia Friedman Fund's typical grant size?
The Bayard & Cornelia Friedman Fund's median grant in 2025 was $4,500, and its average grant was $4,500, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Bayard & Cornelia Friedman Fund give grants?
The Bayard & Cornelia Friedman Fund gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does The Bayard & Cornelia Friedman Fund give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Bayard & Cornelia Friedman Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (3 grants).
How large is The Bayard & Cornelia Friedman Fund?
The Bayard & Cornelia Friedman Fund reported $339K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).
What is The Bayard & Cornelia Friedman Fund?
The Bayard & Cornelia Friedman Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Fort Worth, TX. It holds $339K in total assets as of 2025.
What is The Bayard & Cornelia Friedman Fund's EIN?
The Bayard & Cornelia Friedman Fund's EIN (Employer Identification Number) is 75-2886727. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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