The Riedman Foundation
The Riedman Foundation is a private foundation established in 1980, based in Wilmington, Delaware. The foundation operates as a 501(c)(3) tax-exempt organization and supports nonprofit organizations primarily in the Rochester, New York area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.6M
+4.4% YoY
Annual Giving
$1.4M
-31.6% YoY
Grant Count
72
+56.5% YoY
Avg Grant Size
$19K
-56.3% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Social services
- Health
- Education
- Civic affairs
- Children's services
The foundation also operates a fish hatchery for public educational purposes and for the preservation and restoration of trout in the Irondequoit Bay and Lake Ontario waterways.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations in the Rochester, New York area, with additional giving in New York, California, and Connecticut.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $40,799,058
- Total revenues: $15,713,609
- Total expenses: $2,709,911
As of 2024:
- Total assets: $42,612,995
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,612,995 | $40,799,058 | $30,319,451 |
| Revenue | $3,929,544 | $15,713,609 | $1,905,107 |
| Expenses | $2,115,607 | $2,709,911 | $2,224,681 |
| Qualifying Distributions | $1,674,158 | $2,433,576 | $2,079,961 |
| Net Investment Income | $3,697,688 | $15,504,377 | $1,762,039 |
| Distributable Amount | $2,281,279 | $1,850,966 | $2,266,013 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Katherine Griswold | Trustee | 1 | — |
| Susan R Holliday | Trustee | 1 | — |
| David J Riedman | Trustee | 1 | — |
| James Riedman | Trustee | 1 | — |
Contact Information
- Address: 501 Silverside Road, Wilmington, DE 19809
- Telephone: 800-839-1754
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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