The Riedman Foundation
The Riedman Foundation is a private foundation based in Wilmington, Delaware. In 2024, it reported 72 grants totaling $1,357,200, and it also operated a fish hatchery for public education and trout preservation and restoration.
The Riedman Foundation at a glance
In short: The Riedman Foundation gave $1.4M across 72 grants in 2024 (avg $19K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,357,200
- -31.6% vs 2023
- Grants made (2024)
- 72
- +56.5% vs 2023
- Average grant
- $18,850
- -56.3% vs 2023
- Median grant
- $10,000
- Total assets
- $42,612,995
- +4.4% vs 2023
- Primary geography
- New York (71% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to The Riedman Foundation
- How to Apply
-
The filing names trustee David J. Riedman as the contact. There is no prescribed application form, no deadline, and no restrictions on awards.
- Contact
Application contact: David J Riedman
Mailing address: 45 East Avenue, Rochester, NY 14604
Phone: (585) 232-1000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Riedman Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Heritage Christian Services Inc ($200K). Together the top 10 received $773K.
Grant Size Distribution
177 grants across all recorded years
The most common grant size was under $50K: 147 grants of 177 (83%).
Geographic Focus
Where this funder awards grants
In 2024, 71% of grant dollars went to recipients in New York, 22% to California, 4% to Wisconsin, and 3% to Connecticut. The filing also lists Wyoming at 0%.
Grant Distribution by State
Share of 2024 grant dollars across all 72 itemized grants.
Cities
How The Riedman Foundation gives
- 45% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−18%). Method
- In 2024 it paid out 73% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $2.0M (2023). In 2024 it made 72 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Heritage Christian Services Inc Rochester, NY | General & Unrestricted | $200,000 |
| Rochester Institute of Technology Rochester, NY | Funds for Dean Jacqueline Mozrall to use for special initiatives at Saunders College | $125,000 |
| Foundation for Children with Neuroimmune Disorders Colgate, WI | General & Unrestricted | $50,000 |
| Intervol Inc Rochester, NY | General & Unrestricted | $50,000 |
| Little Angels Service Dogs Jamul, CA | General & Unrestricted | $50,000 |
| Mercy Flight Central Inc Canandaigua, NY | General & Unrestricted | $50,000 |
| Rochester Regional Health Foundation Rochester, NY | Charitable Event | $50,000 |
| Rochester Regional Health Foundation Rochester, NY | Employee Care Program | $50,000 |
| Stupid Cancer Inc New York, NY | General & Unrestricted | $50,000 |
| Rochester Museum and Science Center Rochester, NY | Cummings Nature Center | $30,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $42,612,995 | $3,929,544 | $2,115,607 | $1,357,200 | 72 | $1,674,158 | $3,697,688 | $2,281,279 |
| 2023 | $40,799,058 | $15,713,609 | $2,709,911 | $1,983,940 | 46 | $2,433,576 | $15,504,377 | $1,850,966 |
| 2022 | $30,319,451 | $1,905,107 | $2,224,681 | $1,911,713 | 17 | $2,079,961 | $1,762,039 | $2,266,013 |
| 2021 | $18,855,248 | $2,467,919 | $1,734,921 | $1,659,273 | 21 | $1,666,506 | $2,380,759 | $2,237,617 |
| 2020 | $17,225,787 | $6,018,907 | $1,400,960 | $1,326,220 | 21 | — | $1,489,981 | $1,538,112 |
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 September 2026.
Mission & Focus Areas
The foundation’s filing describes its direct charitable activity as operating and maintaining a fish hatchery for public educational purposes and for the preservation and restoration of trout in the Irondequoit Bay and Lake Ontario waterways.
Its 2024 grantees included organizations whose stated missions address varied needs. Heritage Christian Services says its foundation raises resources for people with intellectual and developmental disabilities and the staff who support them. Rochester Institute of Technology says it uses technology, the arts, and design for the greater good. Other grantees included Mercy Flight Central, which says it provides critical care to the sick and injured; InterVol, which envisions bringing people, materials, opportunities, and needs together; Stupid Cancer, which supports people affected by adolescent and young adult cancer; and Little Angels Service Dogs, which helps provide independence to people regardless of disability or age.
Grantmaking
In 2024, the foundation made 72 grants totaling $1,357,200. Grant amounts ranged from $250 to $200,000, with a median of $10,000. Among its largest awards were $200,000 to Heritage Christian Services for general and unrestricted purposes and $125,000 to Rochester Institute of Technology for special initiatives at Saunders College. Other notable grants included $50,000 each to the Foundation for Children with Neuroimmune Disorders, InterVol, Little Angels Service Dogs, Mercy Flight Central, Stupid Cancer, and Rochester Regional Health Foundation. The two Rochester Regional Health Foundation awards were designated for a charitable event and an employee care program.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Katherine Griswold, Susan R. Holliday, David J. Riedman, and James Riedman as trustees.
The Riedman Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
David J Riedman
Trustee
Principal Manager → Trustee, 2023
On filings since 2020
1 hr/week
No compensation reported
James Riedman
Trustee
On filings since 2023
1 hr/week
No compensation reported
Katherine Griswold
Trustee
On filings since 2023
1 hr/week
No compensation reported
Susan R Holliday
Trustee
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Riedman Foundation
How much does The Riedman Foundation give each year?
The Riedman Foundation gave $1.4M across 72 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.0M across 46 grants.
What is The Riedman Foundation's typical grant size?
The Riedman Foundation's median grant in 2024 was $10,000, and its average grant was $18,850, across 72 grants on its 2024 IRS Form 990-PF.
Where does The Riedman Foundation give grants?
The Riedman Foundation gives mostly in New York: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (22%). The most frequent recipient cities were Rochester, NY (30 grants), San Diego, CA (11 grants), Pittsford, NY (3 grants) and Rancho Santa Fe, CA (3 grants).
Does The Riedman Foundation give general operating support?
Yes: 78% of The Riedman Foundation's 2024 grants with a stated purpose (56 of 72) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Charitable Event" (3 grants).
Who are The Riedman Foundation's largest grantees?
The Riedman Foundation's largest 2024 grantees include Heritage Christian Services Inc ($200,000), Rochester Regional Health Foundation ($127,500 across 4 grants) and Rochester Institute of Technology ($125,000), according to its 2024 IRS Form 990-PF. Together they received 33% of its itemized 2024 grant dollars.
How large is The Riedman Foundation?
The Riedman Foundation reported $42.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $2.3M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Riedman Foundation fund?
The foundation’s filing describes its direct charitable activity as operating and maintaining a fish hatchery for public educational purposes and for the preservation and restoration of trout in the Irondequoit Bay and Lake Ontario waterways. See mission & focus areas ↑
How do I apply for a grant from The Riedman Foundation?
The filing names trustee David J. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Riedman Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-riedman-foundation-morg_cd00600b71314edbae8110af1d8f8d63
BibTeX
@misc{grantable_222279168_2026,
author = {{Grantable}},
title = {{The Riedman Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-riedman-foundation-morg_cd00600b71314edbae8110af1d8f8d63},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Riedman Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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