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Nonprofit · EIN 83-2753741

FRIESE FOUNDATION

Tax-exempt · CHATSWORTH, CA 91311

Financials

$2.3M$8.1M2024
Revenue Expenses · by fiscal year end
Financials of FRIESE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$2,265,067$8,055,170-$5,790,103$54,097,005$122,938$53,974,067
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,401,511
Net gain from sales of assets
$863,556

Expenses

Grants and similar amounts paid
$7,661,900
Compensation of officers, directors and key employees
$200,000
Salaries, compensation and benefits (total)
$60,000
Disbursements for charitable purposes
$7,720,486
Excise tax on investment income
$26,420

Balance sheet and other

Total assets, start of year
$59,874,759
Total assets, end of year
$54,097,005
Total liabilities, end of year
$122,938
Net assets, end of year
$53,974,067
Fair market value of assets
$62,039,534
Qualifying distributions
$7,720,486
Net investment income
$2,206,920

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
DONALD E FRIESE JR
20021 NORTHRIDGE ROAD, CHATSWORTH, CA 91311
DIRECTOR, PRESIDENT40$200,000
DONALD E FRIESE
20021 NORTHRIDGE ROAD, CHATSWORTH, CA 91311
DIRECTOR2$0
ANDREA FRIESE
20021 NORTHRIDGE ROAD, CHATSWORTH, CA 91311
DIRECTOR, TREASURER2$0

Address and contacts

Address (IRS master file)
20021 NORTHRIDGE RD, CHATSWORTH, CA 91311-1823
In care of
% DONALD E FRIESE
Signed the 990-PF
DONALD E FRIESE JR, PRESIDENT
Phone
(310) 282-2296
Return prepared by
EIDE BAILLY 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
83-2753741
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
2019
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$54,097,005
Income (IRS master file)
$18,604,736

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-PFDecember 2023$2,078,999$5,780,712$59,874,759IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about FRIESE FOUNDATION

What is the EIN of FRIESE FOUNDATION?
The employer identification number (EIN) of FRIESE FOUNDATION is 83-2753741.
Is FRIESE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to FRIESE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FRIESE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FRIESE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIESE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of FRIESE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $200,000 (DONALD E FRIESE JR, DIRECTOR, PRESIDENT).
How much revenue does FRIESE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,265,067, expenses of $8,055,170 and total assets of $54,097,005 at year end.

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