The Isadore and Kelly Friedman

BOCA RATON, FL EIN: 81-2002168

The Isadore and Kelly Friedman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 3 grants totaling $113K. Net investment income was $89K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

+0.9% YoY

Annual Giving

$113K

+9.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$38K

+9.8% YoY

Under IRS private-foundation payout rules, The Isadore and Kelly Friedman reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.

About The Isadore and Kelly Friedman

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $528K (100%)

States

Florida

Cities

Boca RatonWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,835,881	$1,820,257	$1,967,757
Revenue	$148,885	$100,301	$79,661
Expenses	$132,987	$121,608	$122,415
Qualifying Distributions	$118,996	$108,267	$102,500
Net Investment Income	$88,999	$42,769	$65,702
Distributable Amount	$104,332	$100,562	$104,086

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 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boca Raton Museum of Art ($65,000), Florida Atlantic University Foundation Inc ($45,000), Norton Museum of Art ($2,500).

Recipient	Purpose	Amount
Boca Raton Museum of Art Boca Raton, FL	Unrestricted donations	$65,000
Florida Atlantic University Foundation Inc Boca Raton, FL	Unrestricted donations	$45,000
Norton Museum of Art West Palm Beach, FL	Unrestricted donations	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
J Daniel Brede	President	2	—
Timothy R Devlin	Secretary/Treasurer	1	—
James R Justice	Vice President	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Isadore and Kelly Friedman?

The Isadore and Kelly Friedman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOCA RATON, FL. It holds $1.8M in total assets as of 2024.

How large is The Isadore and Kelly Friedman?

As of 2024, The Isadore and Kelly Friedman holds $1.8M in total assets with $149K in annual revenue. It awarded 3 grants totaling $113K in 2024.

Where does The Isadore and Kelly Friedman operate?

The Isadore and Kelly Friedman has awarded grants in Florida.

What size grants does The Isadore and Kelly Friedman award?

In 2024, The Isadore and Kelly Friedman awarded 3 grants totaling $113K — an average of about $38K per grant, based on its IRS Form 990 filings.

How much is The Isadore and Kelly Friedman required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Isadore and Kelly Friedman reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.