The Friedman Family Foundation
The Friedman Family Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4K in total assets. In 2025, it awarded 4 grants totaling $73K. Net investment income was $2.
The Friedman Family Foundation at a glance
In short: The Friedman Family Foundation gave $73K across 4 grants in 2025 (avg $18K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $73,000
- -27.2% vs 2024
- Grants made (2025)
- 4
- -55.6% vs 2024
- Average grant
- $18,250
- +63.8% vs 2024
- Median grant
- $21,500
- Total assets
- $3,585
- -89.4% vs 2024
- Primary geography
- Illinois (59% 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 Friedman Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Jewish United Fund ($25K). Together the top 4 received $73K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 23 grants of 24 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The Friedman Family Foundation gives
- Giving held roughly steady from 2022 to 2025 (+12%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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 2020 to 2025, annual grant giving ranged from $38K (2021) to $100K (2024). In 2025 it made 4 grants totaling $73K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish United Fund Chicago, IL | Unresticted Charitable Gift | $25,000 |
| PSFC San Francisco, CA | Unresticted Charitable Gift | $25,000 |
| Northwestern Memorial Foundation Chicago, IL | Unresticted Charitable Gift | $18,000 |
| American Committee for the Weizmann Institute of Science Inc New York, NY | Unresticted Charitable Gift | $5,000 |
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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 | $3,585 | $43,002 | $73,085 | $73,000 | 4 | $73,085 | $2 | $582 |
| 2024 | $33,668 | $92,005 | $100,560 | $100,300 | 9 | $100,560 | $5 | $1,694 |
| 2023 | $42,223 | $75,005 | $96,530 | $96,500 | 6 | $96,530 | $5 | $1,543 |
| 2022 | $63,748 | $50,012 | $65,013 | $65,000 | 2 | $65,000 | — | $3,478 |
| 2021 | $78,749 | $40,016 | $38,000 | $38,000 | 3 | $38,000 | $16 | $3,794 |
| 2020 | $78,732 | $50,024 | $65,030 | $63,000 | 4 | — | — | $4,373 |
Under IRS private-foundation payout rules, The Friedman Family Foundation reported a distributable amount of $582 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Friedman Family Foundation is led by Albert Friedman, Chairman since 2024 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Albert Friedman
Chairman
Trustee → Chairman, 2024
On filings since 2020
1 hr/week
No compensation reported
Julie Friedman Steele
Trustee
On filings since 2020
1 hr/week
No compensation reported
Suzanne Friedman
Trustee
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Jason Friedman (2020–2024) — Trustee · Filing note: Resigned 123124
Data from IRS Form 990 filings, 2020–2025. "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 Friedman Family Foundation
How much does The Friedman Family Foundation give each year?
The Friedman Family Foundation gave $73K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 9 grants.
What is The Friedman Family Foundation's typical grant size?
The Friedman Family Foundation's median grant in 2025 was $21,500, and its average grant was $18,250, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Friedman Family Foundation give grants?
The Friedman Family Foundation gives mostly in Illinois: 59% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (34%) and New York (7%). The most frequent recipient cities were Chicago, IL (2 grants).
Does The Friedman Family Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on The Friedman Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Unresticted Charitable Gift" (4 grants).
How large is The Friedman Family Foundation?
The Friedman Family Foundation reported $4K in total assets on its 2025 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $582 (roughly 5% of its investment assets).
What is The Friedman Family Foundation's EIN?
The Friedman Family Foundation's EIN (Employer Identification Number) is 38-3971024. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 19, 2026)
- IRS filings on file for fiscal years 2020–2024
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