Nonprofit · EIN 52-1953450
LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC
Tax-exempt · TOWSON, MD 21204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,691,566 | $1,105,581 | $585,985 | $7,237,059 | $0 | $7,237,059 |
| December 31, 2024 | 990-PF | $1,142,230 | $860,517 | $281,713 | $6,651,074 | $0 | $6,651,074 |
| December 31, 2023 | 990-PF | $1,112,564 | $797,465 | $315,099 | $6,369,361 | $0 | $6,369,361 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $303,333
- Dividends
- $239,837
- Interest
- $10,823
- Net gain from sales of assets
- $1,137,573
Expenses
- Grants and similar amounts paid
- $1,027,475
- Disbursements for charitable purposes
- $1,027,475
- Excise tax on investment income
- $18,404
Balance sheet and other
- Total assets, start of year
- $6,651,074
- Total assets, end of year
- $7,237,059
- Total liabilities, end of year
- $0
- Net assets, end of year
- $7,237,059
- Fair market value of assets
- $24,197,670
- Qualifying distributions
- $1,027,475
- Net investment income
- $1,388,233
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS F FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | PRES./DIR. | 2 | $0 |
| PHYLLIS C FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | SEC./DIR. | 2 | $0 |
| SAMUEL H FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | V.P./DIR. | 0 | $0 |
| ROBERT A FULD 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS F FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | PRES./DIR. | 2 | $0 |
| PHYLLIS C FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | SEC./DIR. | 2 | $0 |
| SAMUEL H FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | V.P./DIR. | 0 | $0 |
| ROBERT A FULD 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUIS F FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | PRES./DIR. | 2 | $0 |
| PHYLLIS C FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | SEC./DIR. | 2 | $0 |
| SAMUEL H FRIEDMAN 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | V.P./DIR. | 0 | $0 |
| ROBERT A FULD 409 WASHINGTON AVENUE SUITE 900, TOWSON, MD 21204 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 409 WASHINGTON AVE STE 900, TOWSON, MD 21204-4905
- In care of
- % LOUIS F FRIEDMAN
- Signed the 990-PF
- LOUIS F FRIEDMAN, PRES./DIR.
- Phone
- (410) 494-0100
- Return prepared by
- FRIEDMAN & FRIEDMAN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-1953450
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $7,237,059
- Income (IRS master file)
- $2,341,229
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,691,566 | $1,105,581 | $7,237,059 | XML |
| 990-PF | December 2024 | $1,142,230 | $860,517 | $6,651,074 | XML |
| 990-PF | December 2023 | $1,112,564 | $797,465 | $6,369,361 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1953450).
Questions about LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC
- What is the EIN of LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC?
- The employer identification number (EIN) of LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC is 52-1953450.
- Is LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LOUIS AND PHYLLIS FRIEDMAN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,691,566, expenses of $1,105,581 and total assets of $7,237,059 at year end.
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