The Riedman Foundation

WILMINGTON, DE EIN: 22-2279168

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

Under IRS private-foundation payout rules, The Riedman Foundation reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

8states

Cities

AlbanyAlexandriaBranfordBurtonCanandaiguaColgateDenverEast HaddamEncinitasFairportHartfordHenriettaHoneoye FallsIthacaJacksonJamulLa JollaMumfordNew HavenNew York

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$9M$13M$17M20202021202220232024
Metric202420232022
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

$0$496K$992K$1M$2M21 grants202021 grants202117 grants202246 grants202372 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HERITAGE CHRISTIAN SERVI…$200KROCHESTER INSTITUTE OF T…$125KFOUNDATION FOR CHILDREN …$50KINTERVOL INC$50KLITTLE ANGELS SERVICE DOGS$50KMERCY FLIGHT CENTRAL INC$50KROCHESTER REGIONAL HEALT…$50KROCHESTER REGIONAL HEALT…$50KROCHESTER MUSEUM AND SCI…$30KBLUEPATH SERVICE DOGS INC$25K

Grant Size Distribution

155 grants across all recorded years

126<$50K8$50–100K14$100–250K3$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Heritage Christian Services Inc ($200,000), Rochester Institute of Technology ($125,000), Foundation for Children With Neuroimmune Disorders ($50,000).

RecipientPurposeAmount
ATHLETIC HAVEN ALBANY, NYGeneral & Unrestricted$2,500
BLUEPATH SERVICE DOGS INC WAPPINGERS FALLS, NYGeneral & Unrestricted$25,000
BOYS & GIRLS CLUBS OF NORTHWEST SAN DIEGO COUNTY I SOLANA BEACH, CAGeneral & Unrestricted$5,000
CHARLEY HOFFMAN FOUNDATION SAN DIEGO, CAGeneral & Unrestricted$16,000
CHURCH OF THE NATIVITY RANCHO SANTA FE, CAGeneral & Unrestricted$2,500
CONNECTICUT CHILDRENS MEDICAL CENTER HARTFORD, CTGeneral & Unrestricted$25,000
CORNELL LABORATORY OF ORNITHOLOGY ITHACA, NYGeneral & Unrestricted$20,000
CORNELL UNIVERSITY ITHACA, NYHolliday-Riedman Teaching Excellence Fund$20,000
CUREBOUND INC SAN DIEGO, CAGeneral & Unrestricted$15,000
FINGER LAKES OPERA INC ROCHESTER, NYGeneral & Unrestricted$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Katherine GriswoldTrustee1
Susan R HollidayTrustee1
David J RiedmanTrustee1
James RiedmanTrustee1

Contact Information

  • Address: 501 Silverside Road, Wilmington, DE 19809
  • Telephone: 800-839-1754

Frequently Asked Questions

What does The Riedman Foundation fund?

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.

How do I apply for a grant from The Riedman Foundation?

**Grant Activity:** • Total giving: $1,357,200 (most recent filing) • Typical award range: $250–$1,600,000 • Recent grants made: 26 grants in 2023 **Recent Grant Examples (2023):** • YMCA of Greater Rochester (Sands Family YMCA Capital Campaign): $400,000 • Strong National Museum of Play (Powered By Play Campaign): $400,000 • Heritage Christian Services (General & Unrestricted): $200,000

Where does The Riedman Foundation make grants?

The foundation primarily supports nonprofit organizations in the Rochester, New York area, with additional giving in New York, California, and Connecticut.

What size grants does The Riedman Foundation award?

In 2024, The Riedman Foundation awarded 72 grants totaling $1.4M — an average of about $19K per grant, based on its IRS Form 990 filings.

How much is The Riedman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Riedman Foundation reported a distributable amount of $2.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Riedman Foundation's EIN?

The Riedman Foundation's EIN (Employer Identification Number) is 22-2279168. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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