OVERVIEW: The Friedman Family Foundation was created by former Goldman Sachs Chairman Stephen Friedman and his wife Barbara. The foundation focuses on New York, education, health, arts and culture, and human services, although other areas have been funded.
FUNDING AREAS: Education, Youth, Health, Human Services, Arts & Culture, Environment, Jewish Causes, NYC Community.
IP TAKE: The foundation’s funding interests are diverse; however, it maintains a minimal web presence and no clear guidelines for grantseekers.
PROFILE: Established in the late 1970s, the Friedman Family Foundation was created by Stephen Friedman, who became a partner at Goldman Sachs in 1973. He has also served as the chairman of the Board of Directors for the Federal Reserve Bank of New York. In 2015, the foundation gave away over $5.4 million and held around $30.4 million in assets. It invests in New York, education, youth, health, human services, arts and culture, environment, and Jewish causes.
In relation to its education investments, the Friedman family foundation has supported Hebrew Union College for several years. Past education grantees also include the National Academy Foundation, Columbia University Law School, and Weill Cornell Medical College. The Friedmans have also supported their alma mater Cornell, in Ithaca, New York.
The foundation also funds youth and health in New York City. Recent youth grantees include Children's Aid Society and Overcoming Obstacles. Memorial Sloan-Kettering Cancer Center received over $1 million in 2015 and at least $7 million between 2004 and 2010. Other recent health grantees include New York Presbyterian Hospital, New York Stem Cell Foundation, and Damon Runyon Cancer Research Foundation.
The Friedman Family Foundation has also supported human services in the city, such as Food Bank of NYC, Settlement Housing Fund, Coalition for the Homeless, and Henry Street Settlement. Past public media grantees include WNYC Radio and Thirteen/WNET among many others. In addition, the foundation’s investments in community organizations includes the Citizen’s Union Foundation.
Past Friedman Family arts and culture grantees include the American Museum of Natural History, The Met, New York Historical Society, and Metropolitan Opera, while its environmental investments include the Central Park Conservancy and Environmental Advocates of New York. Its investments in New York City Jewish organizations include the UJA Federation of New York, and JBI International, which was founded in 1931 as the Jewish Braille Institute of America.
While the foundation does not provide clear deadlines, grant application processes, or otherwise, interested applicants are encouraged to contact the foundation by phone.
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Friedman Family Foundation
77 Water St., 9th Fl.
New York City, NY 10005
Telephone: (212) 440-0800