Tully & Elise Friedman Fund
Tully & Elise Friedman Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 18 grants totaling $815K. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.7M
+6.2% YoY
Annual Giving
$815K
+1706.0% YoY
Grant Count
18
+500.0% YoY
Avg Grant Size
$45K
+201.0% YoY
Under IRS private-foundation payout rules, Tully & Elise Friedman Fund reported a distributable amount of $475K for 2024 — the minimum it must pay out in qualifying distributions.
About Tully & Elise Friedman Fund
Based on IRS filings
Tully & Elise Friedman Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 18 grants totaling $815K. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,677,770 | $8,173,018 | $8,072,082 |
| Revenue | $1,184,561 | $371,582 | $161,532 |
| Expenses | $853,956 | $173,859 | $64,346 |
| Qualifying Distributions | $819,449 | $46,129 | $1,500 |
| Net Investment Income | $1,150,054 | $243,852 | $119,478 |
| Distributable Amount | $475,199 | $434,498 | $409,870 |
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
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Schwab Charitable Fund ($425,000), African Parks Foundation of America ($200,000), Telluride Foundation ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN ENTERPRISE INSTITUTE WASHINGTON, DC | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $3,389 |
| AFRICAN PARKS FOUNDATION OF AMERICA WASHINGTON, DC | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $200,000 |
| DAWN REDWOODS TRUST TIBURON, CA | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $2,000 |
| EAGLE HILL SCHOOL MARDWICK, MA | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $25,000 |
| GIANT STEPS EQUESTRIAN CENTER PETALUMA, CA | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $20,000 |
| KOTO RADIO TELLURIDE, CO | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $1,000 |
| MENLO CHARITY HORSE SHOW WOODSIDE, CA | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $25,000 |
| MOUNTAIN FILM TELLURIDE, CO | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $10,000 |
| NATIONAL HORSE SHOW ASSOCIATION LA CENTER, KY | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $5,000 |
| OREGON SHAKESPEARE FESTIVAL ASHLAND, OR | FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TULLY M FRIEDMAN | PRESIDENT | — | — |
| ELISE FRIEDMAN | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tully & Elise Friedman Fund?
Tully & Elise Friedman Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. It holds $8.7M in total assets as of 2024.
How large is Tully & Elise Friedman Fund?
As of 2024, Tully & Elise Friedman Fund holds $8.7M in total assets with $1.2M in annual revenue. It awarded 18 grants totaling $815K in 2024.
Where does Tully & Elise Friedman Fund operate?
Tully & Elise Friedman Fund has awarded grants in California, Colorado, District of Columbia, Kentucky, Massachusetts, Nebraska, Oregon, Virginia.
What size grants does Tully & Elise Friedman Fund award?
In 2024, Tully & Elise Friedman Fund awarded 18 grants totaling $815K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is Tully & Elise Friedman Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tully & Elise Friedman Fund reported a distributable amount of $475K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tully & Elise Friedman Fund's EIN?
Tully & Elise Friedman Fund's EIN (Employer Identification Number) is 94-3264446. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tully & Elise Friedman Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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