RIEDMAN FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: RIEDMAN FOUNDATION (EIN 22-2279168)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-12
IRS object ID: 202433179349102188
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Compensation Explanation
Depreciation Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Legal Fees Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-12T20:14:59-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Foundation Source	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3333 New Hyde Park Rd Ste 406	AddressLine1Txt
City	New Hyde Park	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11042	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	222279168	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Riedman Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% Foundation Source	InCareOfNm
Business Name Control	RIED	BusinessNameControlTxt
Phone	8008391754	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	Foundation Source 501 Silverside Rd	AddressLine1Txt
City	Wilmington	CityNm
State Abbreviation	DE	StateAbbreviationCd
ZIP	198091377	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	david riedman	PersonNm
Person Title	trustee	PersonTitleTxt
Phone	8008391754	PhoneNum
Signature	2024-11-11	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Jeffrey D Haskell	PreparerPersonNm
PTIN	P01345770	PTIN
Phone	8008391754	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$44,673,588	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$70,889	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$42,362	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$42,362	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$946,531	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$946,531	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$14,567,524	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$36,931,568	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$14,580,136	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$86,303	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$253	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$25,092	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$15,713,609	TotalRevAndExpnssAmt
Total Net Invst Incm	$15,569,282	TotalNetInvstIncmAmt
Total Adj Net Incm	$25,092	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss	$7,754	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$7,754	LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$219,431	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$59,522	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$11,164	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$148,745	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$162,292	InterestRevAndExpnssAmt
Taxes Rev And Expnss	$28,423	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$4,423	TaxesNetInvstIncmAmt
Occupancy Rev And Expnss	$5,416	OccupancyRevAndExpnssAmt
Occupancy Adj Net Incm	$378	OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl	$5,038	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$1,275	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Adj Net Incm	$89	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$1,186	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$301,380	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$960	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$13,461	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$286,913	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$725,971	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$64,905	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$25,092	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$449,636	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,983,940	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,983,940	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,709,911	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$64,905	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$25,092	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$2,433,576	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$13,003,698	ExcessRevenueOverExpensesAmt
Net Investment Income	$15,504,377	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$947,138	CashBOYAmt
Sav And Temp Cash Invst EOY	$29,296,397	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$29,296,397	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$29,372,313	CorporateStockBOYAmt
Corporate Stock EOY	$10,845,903	CorporateStockEOYAmt
Corporate Stock EOYFMV	$14,740,001	CorporateStockEOYFMVAmt
Other Investments EOY	$656,758	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$637,190	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$30,319,451	TotalAssetsBOYAmt
Total Assets EOY	$40,799,058	TotalAssetsEOYAmt
Total Assets EOYFMV	$44,673,588	TotalAssetsEOYFMVAmt
Mortgages And Notes Payable BOY	$2,621,653	MortgagesAndNotesPayableBOYAmt
Total Liabilities BOY	$2,621,653	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$16,628,470	RetainedEarningBOYAmt
Retained Earning EOY	$40,799,058	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$16,628,470	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$40,799,058	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$19,250,123	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$40,799,058	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$16,628,470	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$13,003,698	ExcessRevenueOverExpensesAmt
Other Increases	$11,166,890	OtherIncreasesAmt
Subtotal	$40,799,058	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$40,799,058	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	Publicly-traded Securities	PropertyDesc
Gross Sales Price	$36,931,568	GrossSalesPriceAmt
Cost Or Other Basis	$22,351,432	CostOrOtherBasisAmt
Gain Or Loss	$14,580,136	GainOrLossAmt
Gains Minus Excess Or Losses	$14,580,136	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	$14,580,136	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$215,511	InvestmentIncomeExciseTaxAmt
Subtotal	$215,511	SubtotalAmt
Tax Based On Investment Income	$215,511	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$21,487	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$197,400	ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits	$218,887	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$3,376	OverpaymentAmt
Applied To ES Tax	$3,376	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	Yes (true)	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Foundation Source	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8008391754	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	55 WALLS DRIVE FL 3	AddressLine1Txt
City	Fairfield	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06824	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	Yes (true)	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (true)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (true)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
Katherine Griswold
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Trustee	1.0	$0	$0	$0
Susan R Holliday
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Trustee	1.0	$0	$0	$0
David J Riedman
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Trustee	1.0	$0	$0	$0
James Riedman
Foundation Source 501 Silverside Rd	Wilmington	DE	198091377	Trustee	1.0	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
Riedman Development Corp
45 east avenue 2nd floor	ROCHESTER	NY	14604	Philanthropic	$159,209
foundation source
55 WALLS DRIVE 3RD FL	FAIRFIELD	CT	06824	administrative	$106,823
Exeter Trust Company
290 woodcliff drive	FAIRPORT	NY	14450	Investment Mgmt	$58,522

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	FISH HATCHERY-TO OPERATE&MAINTAIN A FISH HATCHERY FOR PUBLIC EDUCATIONAL PURPOSES AND FOR THE PRESERVATION & RESTORATION OF TROUT IN THE IRONDEQUOIT BAY AND LAKE ONTARIO WATERWAYS	Description1Txt
Expenses1	$359,400	Expenses1Amt

Field	Value	IRS element (for citing)
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$41,650,648	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	-$201,974	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$637,190	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$42,085,864	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$42,085,864	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$631,288	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$41,454,576	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$2,072,729	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$2,072,729	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$215,511	TaxBasedOnInvestmentIncomeAmt
Income Tax	$6,252	IncomeTaxAmt
Total Tax	$221,763	TotalTaxAmt
Distributable Before Adj	$1,850,966	DistributableBeforeAdjAmt
Distributable Before Ded	$1,850,966	DistributableBeforeDedAmt
Distributable As Adjusted	$1,850,966	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$2,433,576	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$2,433,576	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,850,966	DistributableAsAdjustedAmt
Undistributed Income PY	$2,256,260	UndistributedIncomePYAmt
Prior Year1	2021	PriorYear1Yr
Prior Year2	2020	PriorYear2Yr
Prior Year3	2019	PriorYear3Yr
Qualifying Distributions	$2,433,576	QualifyingDistributionsAmt
Applied To Year1	$2,256,260	AppliedToYear1Amt
Applied To Current Year	$177,316	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Total Corpus	$0	TotalCorpusAmt
Undistributed Income CY	$1,673,650	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$0	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	DAVID J RIEDMAN	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	David J Riedman	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	45 East Avenue	AddressLine1Txt
City	Rochester	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	14604	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	5852321000	RecipientPhoneNum
Form And Info And Materials	NO PRESCRIBED FORM	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (46 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
BOYS AND GIRLS CLUB OF ROCHESTER INC
500 GENESEE ST	ROCHESTER	NY	14611	N/A	PC	General & Unrestricted	$5,000
CHARLEY HOFFMAN FOUNDATION
3914 MURPHY CANYON RD STE A170	SAN DIEGO	CA	92123	N/A	PC	General & Unrestricted	$16,000
CURE RARE DISEASE INC
4 RESEARCH DR	WOODBRIDGE	CT	06525	N/A	PC	General & Unrestricted	$25,000
CUREBOUND INC
9191 TOWNE CENTRE DR STE 310	SAN DIEGO	CA	92122	N/A	PC	General & Unrestricted	$10,023
FOUNDATION OF THE ROTARY CLUB OF PITTSFORD NEW YOR
PO BOX 161	PITTSFORD	NY	14534	N/A	PC	General & Unrestricted	$250
GENESEE COUNTRY MUSEUM
PO BOX 310	MUMFORD	NY	14511	N/A	PC	General & Unrestricted	$5,000
GEVA THEATRE CENTER INC
75 WOODBURY BLVD	ROCHESTER	NY	14607	N/A	PC	General & Unrestricted	$10,000
GOLDEN OPPORTUNITY NETWORKS INC
14022 GOODWIN ST	BURTON	OH	44021	N/A	PC	General & Unrestricted	$2,500
GREATER ROCHESTER CHAMBER OF COMMERCE FOUNDATION I
75 S CLINTON AVE STE 250	ROCHESTER	NY	14604	N/A	PC	ROC 2025 Fund	$200,000
HERITAGE CHRISTIAN SERVICES INC
275 KENNETH DR STE 100	ROCHESTER	NY	14623	N/A	PC	General & Unrestricted	$200,000
HIGH HOPES THERAPEUTIC RIDING INC
36 TOWN WOODS RD	OLD LYME	CT	06371	N/A	PC	General & Unrestricted	$10,000
INTERVOL INC
100 KINGS HWY S STE 1200	ROCHESTER	NY	14617	N/A	PC	General & Unrestricted	$10,000
JUST IN TIME FOR FOSTER YOUTH
PO BOX 81292	SAN DIEGO	CA	92138	N/A	PC	General & Unrestricted	$2,477
LIBRARY GUILD OF RANCHO SANTA FE INC
PO BOX 348	RANCHO SANTA FE	CA	92067	N/A	PC	General & Unrestricted	$2,500
LITTLE ANGELS SERVICE DOGS
PO BOX 219	JAMUL	CA	91935	N/A	PC	General & Unrestricted	$7,500
MARGARET WOODBURY STRONG MUSEUM
1 MANHATTAN SQ DR	ROCHESTER	NY	14607	N/A	PC	Powered by Play Campaign	$400,000
MARGARET WOODBURY STRONG MUSEUM
1 MANHATTAN SQ DR	ROCHESTER	NY	14607	N/A	PC	General & Unrestricted	$10,000
MARY CARIOLA CHILDRENS CENTER INC
1000 ELMWOOD AVE	ROCHESTER	NY	14620	N/A	PC	General & Unrestricted	$10,000
MONROE COUNTY SHERIFFS FOUNDATION INC
45 EAST AVE 5TH FLOOR	ROCHESTER	NY	14604	N/A	PC	Charitable Event	$1,800
MONROE COUNTY SHERIFFS FOUNDATION INC
45 EAST AVE 5TH FLOOR	ROCHESTER	NY	14604	N/A	PC	Christmas Gift Giving Program	$500
NATIONAL MUSEUM OF WILDLIFE ART OF THE UNITED STAT
PO BOX 6825	JACKSON	WY	83002	N/A	PC	General & Unrestricted	$5,000
ROCHESTER AREA COMMUNITY FOUNDATION
500 EAST AVE	ROCHESTER	NY	14607	N/A	PC	The Riedman Foundation Fund	$150,000
ROCHESTER INSTITUTE OF TECHNOLOGY
PO BOX 92675	ROCHESTER	NY	14692	N/A	PC	Saunders College General Fund and Saunders College building transformation fund	$75,000
ROCHESTER MUSEUM AND SCIENCE CENTER
657 E AVE	ROCHESTER	NY	14607	N/A	PC	General & Unrestricted	$14,000
ROCHESTER MUSEUM AND SCIENCE CENTER
657 E AVE	ROCHESTER	NY	14607	N/A	PC	Cummings Nature Center	$100,000
ROCHESTER PHILHARMONIC ORCHESTRA INC
255 E AVE	ROCHESTER	NY	14604	N/A	PC	General & Unrestricted	$13,500
ROCHESTER PUBLIC LIBRARY
115 S AVE	ROCHESTER	NY	14604	N/A	PC	General & Unrestricted	$10,000
ROCHESTER REGIONAL HEALTH FOUNDATION
100 KINGS HWY SOUTH	ROCHESTER	NY	14617	N/A	PC	Ambassador Council	$5,000
ROCHESTER REGIONAL HEALTH FOUNDATION
100 KINGS HWY SOUTH	ROCHESTER	NY	14617	N/A	PC	Charitable Event	$6,500
ROCHESTER REGIONAL HEALTH FOUNDATION
100 KINGS HWY SOUTH	ROCHESTER	NY	14617	N/A	PC	Employee Care Fund	$2,500
SALTY DOG CHARITIES INC
808 LAKE RD	WEBSTER	NY	14580	N/A	PC	Committee of Twenty-Five Annual Holiday Fundraiser	$390
SALTY DOG CHARITIES INC
808 LAKE RD	WEBSTER	NY	14580	N/A	PC	Committee of Twenty-Five	$2,000
SCRIPPS HEALTH
PO BOX 2669	LA JOLLA	CA	92038	N/A	PC	Here for Good Scripps Encinitas	$10,000
SENECA ZOOLOGICAL SOCIETY
2222 SAINT PAUL ST	ROCHESTER	NY	14621	N/A	PC	General & Unrestricted	$2,500
ST ANNS HOME FOR THE AGED
1500 PORTLAND AVE	ROCHESTER	NY	14621	N/A	PC	Leo Center for Caring	$200,000
ST BENEDICT
95 N MAIN ST	CANANDAIGUA	NY	14424	N/A	PC	capital expenditures fund for the upkeep of St. Mary's and st. bridget's churches	$3,500
ST JOHN FISHER UNIVERSITY
3690 E AVE	ROCHESTER	NY	14618	N/A	PC	General & Unrestricted	$1,000
ST MARTIN DE PORRES ACADEMY INC
208 COLUMBUS AVE	NEW HAVEN	CT	06519	N/A	PC	General & Unrestricted	$5,000
THE BOYS AND GIRLS CLUBS OF SAN DIEGUITO
533 LOMAS SANTA FE DR	SOLANA BEACH	CA	92075	N/A	PC	Charitable Event	$4,000
UNCOMMON SCHOOLS INC
PO BOX 3536	NEW YORK	NY	10008	N/A	PC	General & Unrestricted	$10,000
UNITED JEWISH FEDERATION OF NORTHEASTERN NY INC
184 WASHINGTON AVE EXT	ALBANY	NY	12203	N/A	PC	Charitable Event	$2,000
UNITED WAY OF GREATER ROCHESTER INC
75 COLLEGE AVE	ROCHESTER	NY	14607	N/A	PC	General & Unrestricted	$15,000
YMCA OF GREATER ROCHESTER
444 E MAIN ST	ROCHESTER	NY	14604	N/A	PC	Sands Family YMCA Capital Campaign	$400,000
YMCA OF GREATER ROCHESTER
444 E MAIN ST	ROCHESTER	NY	14604	N/A	PC	2022 Annual Campaign	$15,000
YOUNG WOMENS COLLEGE PREP CHARTER SCHOOL OF ROCHES
133 HOOVER DR	ROCHESTER	NY	14615	N/A	PC	General & Unrestricted	$3,000
madison murajda
36 Caversham Woods	pittsford	NY	14534	None	I	Fishing derby award	$500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,983,940	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$42,362	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$946,531	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Income		OtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$14,567,524	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (4 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
K-1 Inc/Loss	525990	$55,824	14	$41
Federal Tax Refund			01	$5,093
CLASS ACTION LAWSUIT PROCEEDS			01	$253
INCOME FROM FISH HATCHERY					$25,092

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$55,824	UnrelatedBusinessTaxblIncmAmt
Exclusion	$15,561,804	ExclusionAmt
Related Or Exempt Function Incm	$25,092	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$15,642,720	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	11	LineNumberTxt
Relationship Statement	Income from Fish Hatchery - To operate and maintain a fish hatchery for public educational purposes and for the preservation and restoration of trout in the Irondequoit Bay and Lake Ontario waterways.	RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
Estate of Eileen Riedman
1	45 East Avenue 5th Floor	Rochester	NY	14604	$9,000	Yes (X)
Holliday Susan R
2	70 Lanning Road	Honeoye Falls	NY	14472	$52,562		Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	2	ContributorNum
Noncash Property	COLUMBIA SELECT MID CAP VALUE FUND CMUAX, 4413.26 sh.	NoncashPropertyDesc
Fair Market Value	$52,562	FairMarketValueAmt
Received	2023-11-21	ReceivedDt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp

Field	Value	IRS element (for citing)
Person	David J Riedman	PersonNm
Short Explanation	* David J Riedman, Trustee of The Riedman Foundation (the "Foundation"), is a President at property management firm of Riedman Development Corporation, a disqualified person which provides Fish Hatchery services to the Foundation. During the taxable year ending December 31, 2023, the Foundation paid $159,209 for fish hatchery services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16c. Such property management firm billed the Foundation at or below the rate it charges its other clients.	ShortExplanationTxt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (66 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ADMIRAL GROUP PLC	$48,696	$68,252
ALCON INC	$127,636	$152,959
ALPHABET INC CL A	$312,774	$488,915
AMAZON COM	$417,051	$614,901
APPLIED MATERIALS INC	$125,762	$187,677
ASTRAZENECA	$346,348	$332,170
BAE SYSTEMS PLC	$56,620	$80,540
BIOMARIN PHARMACEUTICAL INC	$180,248	$208,942
BOSTON SCIENTIFIC	$58,087	$83,478
CANADIAN NATL RAILWAY CO	$66,159	$73,745
CBOE HOLDINGS INC	$104,507	$148,383
CELLNEX TELECOM ADR	$138,003	$129,369
CONSTELLATION BRANDS INC	$225,609	$256,255
COPART INC	$24,094	$67,326
CSX CORP	$68,067	$81,197
CVS CAREMARK CORP	$110,738	$91,436
DEUTSCHE BOERSE ADR	$113,799	$135,823
ELECTRONIC ARTS	$274,678	$348,181
ENBRIDGE INC		$1,909
EQUINIX, INC	$124,349	$170,743
EVERGY, INC.	$240,082	$234,221
F M C CP	$366,035	$243,625
HDFC BANK LTD ADR	$147,956	$157,507
HEINEKEN N V S ADR	$169,697	$174,301
HUMANA INC	$160,763	$154,282
IDEXX CORP	$160,897	$183,167
INTERCONTINENTAL EXCHANGE, INC	$234,827	$296,031
INTUIT	$105,197	$165,633
INTUITIVE SURGICAL	$93,300	$170,367
JOHNSON & JOHNSON	$381,125	$408,935
JP MORGAN CHASE	$85,877	$112,776
L3HARRIS TECHNOLOGIES	$408,123	$421,029
LOCKHEED MARTIN CORP		$154,102
MANNING & NAPIER DISCIPLINED V	$377,332	$372,311
MANNING & NAPIER OVERSEAS SERI	$589,137	$722,940
MASCO CORP	$130,737	$175,689
MASTERCARD INC	$151,127	$449,968
MEDTRONIC PLC	$188,311	$143,588
MERCADOLIBRE, INC	$53,503	$102,150
META PLATFORMS INC	$178,688	$363,517
MICRON TECHNOLOGY	$282,256	$392,308
MICROSOFT CORP	$114,186	$354,230
MONDELEZ INTERNATIONAL INC	$116,717	$197,082
MOODYS CORP	$191,861	$296,044
NESTLE S.A	$275,803	$262,711
NIKE INC-CL B	$261,815	$248,734
NORFOLK SOUTHERN CORP	$74,732	$78,478
NORTHROP GRUMMAN CORP	$195,387	$200,832
NOV INC		$81,120
NOVARTIS AG ADR	$89,140	$132,069
NOW INC		$11,320
PAR TECHNOLOGY CORP		$653,100
RTOKY	$105,069	$75,216
S&P GLOBAL INC COM	$161,144	$266,955
SALESFORCE.COM	$154,156	$218,932
SBA COMMUNICATIONS CORP	$176,898	$204,728
SERVICE NOW	$94,764	$286,835
SONY GROUP CORP	$202,939	$185,687
TAIWAN SEMICONDUCTOR MFG CO LT	$278,539	$258,544
THE COCA-COLA CO	$237,444	$295,534
THERMO FISHER SCIENTIFIC INC	$49,381	$159,237
UNILEVER PLC AMER	$148,136	$159,257
UNION PACIFIC	$68,259	$85,476
UNITEDHEALTH GROUP INC	$188,848	$221,644
VERTEX PHARMCTLS INC	$77,070	$149,736
VISA INC	$155,420	$335,852

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	RIEDMAN CORPORATION	CategoryOrItemTxt
Book Value	$656,758	BookValueAmt
EOYFMV	$637,190	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	General Consultations	CategoryTxt
Legal Fees	$7,754	LegalFeesAmt
Disbursements Charitable Prps	$7,754	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
Administrative Fees	$106,823	$106,823
Bank Charges	$960		$960
Equipment Maintenance	$20,997	$19,531		$1,466
Equipment/Furniture Purchase	$148,242	$137,892		$10,350
Insurance Premiums	$3,588	$3,338		$250
K-1 Exp RIEDMAN CORPORATION	$46
PROCESSING FEES	$258	$240		$18
STATE OR LOCAL FILING FEES	$750	$750
Office Supplies	$15,765	$14,664		$1,101
Postage/Delivery Service	$82	$76		$6
Property Maintenance	$3,075	$2,861		$214
SOCIAL MEDIA/ADVERTISING EXP	$156	$145		$11
Website Hosting/Support	$638	$593		$45

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
K-1 Inc/Loss RIEDMAN CORPORATION	$55,865
Class Action Lawsuit Proceeds	$253	$253
Federal Tax Refund	$5,093
income from fish hatchery	$25,092		$25,092

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	PRIOR PERIOD ADJUSTMENT	Desc
Amt	$11,166,890	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Investment Management Services	$59,522	$59,522
FISH HATCHERY SERVICES	$159,909		$11,164	$148,745

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt
990-PF Estimated Tax for 2023	$11,000
Foreign Tax Paid	$4,423	$4,423
990-PF ESTIMATED TAX FOR 2022	$13,000