The Bayard & Cornelia Friedman Fund
The Bayard & Cornelia Friedman Fund is a private foundation, 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.
The Bayard & Cornelia Friedman Fund at a glance
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.
- Annual giving (2025)
- $13,500
- +62.0% vs 2024
- Grants made (2025)
- 3
- +200.0% vs 2024
- Average grant
- $4,500
- -46.0% vs 2024
- Median grant
- $4,500
- Total assets
- $338,607
- -0.7% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Bayard & Cornelia Friedman Fund funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was The Association for the Development ($5K). Together the top 3 received $14K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $5K (2022) to $30K (2020). In 2025 it made 3 grants totaling $14K.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $338,607 | $15,075 | $15,650 | $13,500 | 3 | $15,650 | $3,919 | $15,909 |
| 2024 | $340,965 | $107 | $10,508 | $8,333 | 1 | $10,508 | $107 | $15,382 |
| 2023 | $341,033 | $130 | $17,350 | $15,000 | 3 | $17,350 | $130 | $12,856 |
| 2022 | $358,253 | $41 | $7,295 | $5,000 | 1 | $7,295 | $41 | $15,170 |
| 2021 | $365,507 | $7,924 | $21,840 | $20,000 | 2 | $21,840 | $7,924 | $20,393 |
| 2020 | $379,423 | $-62,396 | $32,284 | $30,000 | 3 | — | $197 | $21,621 |
| 2019 | $474,103 | $20,809 | $25,980 | $23,425 | 7 | — | $20,554 | $22,528 |
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.
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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data update history
(8)
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
Live grants for the work The Bayard & Cornelia Friedman Fund funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Bayard & Cornelia Friedman Fund's focus areas in our free grants database
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