The Isadore and Kelly Friedman

Private foundation · Grantmaker Boca Raton, FL EIN: 81-2002168

The Isadore and Kelly Friedman is a private foundation, based in Boca Raton, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 4 grants totaling $108K. Net investment income was $138K.

Key facts about The Isadore and Kelly Friedman

In short: The Isadore and Kelly Friedman gave $108K across 4 grants in 2025 (avg $27K), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
81-2002168
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$107,500
Grants made (2025)
4
Average grant
$26,875
Median grant
$27,500
Total assets
$1,902,735
Primary geography
Florida (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

$1.9M

+3.6% YoY

Annual Giving

$108K

-4.4% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$27K

-28.3% YoY

Under IRS private-foundation payout rules, The Isadore and Kelly Friedman reported a distributable amount of $109K for 2025 — the minimum it must pay out in qualifying distributions.

How The Isadore and Kelly Friedman gives

  • Giving held roughly steady from 2022 to 2025 (+5%). Method
  • In 2025 it paid out 104% 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

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

Boca RatonWest Palm BeachDelray Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $103K (2021) to $113K (2024). In 2025 it made 4 grants totaling $108K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Boca Raton Museum of Art: $50KBoca Raton Museum of Art$50KFlorida Atlantic University Foundation Inc: $50KFlorida Atlantic UniversityFoundation Inc$50KMorikami Museum and Japanese Gardens: $5KMorikami Museum and JapaneseGardens$5KNorton Museum of Art: $3KNorton Museum of Art$3K

The largest 2025 recipient was Boca Raton Museum of Art ($50K). Together the top 4 received $108K.

Grant Size Distribution

16 grants across all recorded years

10<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 16 (63%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Boca Raton Museum of Art Boca Raton, FLUnrestricted donations$50,000
Florida Atlantic University Foundation Inc Boca Raton, FLUnrestricted donations$50,000
Morikami Museum and Japanese Gardens Delray Beach, FLUnrestricted donations$5,000
Norton Museum of Art West Palm Beach, FLUnrestricted donations$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,902,735$1,835,881$1,820,257
Revenue$196,538$148,885$100,301
Expenses$127,807$132,987$121,608
Qualifying Distributions$113,418$118,996$108,267
Net Investment Income$137,617$88,999$42,769
Distributable Amount$108,728$104,332$100,562

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 19, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 20, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 27, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 6, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Isadore and Kelly Friedman is led by J Daniel Brede, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • J Daniel Brede

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Deborah V Rapka

    Secretary

    Vice President → Secretary, 2025

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Allison M Green

    Treasurer

    New on the 2025 filing

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: James R Justice (2020–2024) — Vice President
  • Former: Timothy R Devlin (2020–2024) — Secretary & Treasurer

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 Isadore and Kelly Friedman

How much does The Isadore and Kelly Friedman give each year?

The Isadore and Kelly Friedman gave $108K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $113K across 3 grants.

What is The Isadore and Kelly Friedman's typical grant size?

The Isadore and Kelly Friedman's median grant in 2025 was $27,500, and its average grant was $26,875, across 4 grants on its 2025 IRS Form 990-PF.

Where does The Isadore and Kelly Friedman give grants?

The Isadore and Kelly Friedman gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boca Raton, FL (2 grants).

Does The Isadore and Kelly Friedman give general operating support?

Yes: 100% of The Isadore and Kelly Friedman's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is The Isadore and Kelly Friedman?

The Isadore and Kelly Friedman reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $113K in qualifying distributions that year, against a required minimum of $109K (roughly 5% of its investment assets).

What is The Isadore and Kelly Friedman's EIN?

The Isadore and Kelly Friedman's EIN (Employer Identification Number) is 81-2002168. 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.

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