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THE FRIEDMAN FAMILY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THE FRIEDMAN FAMILY FOUNDATION (EIN 38-3971024)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-04-26
IRS object ID
201721169349100522
Schema version
2016v3.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2017-04-26T10:46:47-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363856676PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KUTCHINS ROBBINS & DIAMOND LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11101 PERIMETER DR STE 760AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383971024EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FRIEDMAN FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O JASON FRIEDMANBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFRIEBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1350 N CLARK ST STE 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60654ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALBERT M FRIEDMANPersonNm
Person TitleTRUSTEEPersonTitleTxt
Signature2017-03-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRUCE A ROBBINSPreparerPersonNm
PTINP00116320PTIN
Phone8472401040PhoneNum
Preparation2017-04-20PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id55768AC9CD56D4035E89663FEFE1880A83120F3AAtSubmissionCreationDeviceId
At Submission Filing Device IdF61130B5F35C9D26257A625420DA459B316176E7AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$244,002FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$300,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$43InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$43InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$43InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss$300,043TotalRevAndExpnssAmt
Total Net Invst Incm$43TotalNetInvstIncmAmt
Total Adj Net Incm$43TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$2,050AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$1TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$5,315OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$7,366TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$182,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$182,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$189,366TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$182,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$110,677ExcessRevenueOverExpensesAmt
Net Investment Income$43NetInvestmentIncomeAmt
Adjusted Net Income$43AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$47,000CashBOYAmt
Cash EOY$189,001CashEOYAmt
Cash EOYFMV$189,001CashEOYFMVAmt
Sav And Temp Cash Invst BOY$86,325SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$55,001SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$55,001SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$133,325TotalAssetsBOYAmt
Total Assets EOY$244,002TotalAssetsEOYAmt
Total Assets EOYFMV$244,002TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$133,325UnrestrictedBOYAmt
Unrestricted EOY$244,002UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$133,325TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$244,002TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$133,325TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$244,002TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$133,325TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$110,677ExcessRevenueOverExpensesAmt
Subtotal$244,002SubtotalAmt
Tot Net Ast Or Fund Balances EOY$244,002TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$68,800AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$0AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$182,000QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1KUTCHINS ROBBINS & DIAMOND LTDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8472401040PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11101 PERIMETER DRIVE STE 760AddressLine1Txt
CitySCHAUMBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP60173ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SUZANNE FRIEDMAN
350 N CLARK ST STE 400CHICAGOIL60654TRUSTEE5.00$0$0$0
JULIE FRIEDMAN STEELE
350 N CLARK ST STE 400CHICAGOIL60654TRUSTEE5.00$0$0$0
JASON FRIEDMAN
350 N CLARK ST STE 400CHICAGOIL60654TRUSTEE5.00$0$0$0
ALBERT M FRIEDMAN
350 N CLARK ST STE 400CHICAGOIL60654TRUSTEE5.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$182,000ExpensesAndContributionsAmt
Qualifying Distributions$182,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$182,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr1$68,800ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$68,800TotalExcessDistributionCyovAmt
Qualifying Distributions$182,000QualifyingDistributionsAmt
Remaining Distri From Corpus$182,000RemainingDistriFromCorpusAmt
Total Corpus$250,800TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$250,800ExcessDistriCyovToNextYrAmt
Excess From Year1$68,800ExcessFromYear1Amt
Excess From Current Year$182,000ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerALBERT M FRIEDMANContributingManagerNm
Contributing ManagerSUZANNE FRIEDMANContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
BERNARD ZELL ANSHE EMET DAY SCHOOL
3751 N BROADWAY STCHICAGOIL60613UNRELATED501(C)(3)UNRESTRICTED GIFT$18,000
FISHER ISLAND PHILANTHROPIC FUND
3250 SOUTHWEST THIRD AVEMIAMIFL33129UNRELATED501(C)(3)UNRESTRICTED GIFT$1,000
WORLD FUTURE SOCIETY
7910 WOODMONT AVEBETHESDAMD20814UNRELATED501(C)(3)UNRESTRICTED GIFT$24,500
JEWISH UNITED FUND
30 S WELLS ST ROOM 3134CHICAGOIL60606UNRELATED501(C)(3)UNRESTRICTED GIFT$25,000
MARWEN
833 NORTH ORLEANS STREETCHICAGOIL60610UNRELATED501(C)(3)UNRESTRICTED GIFT$2,500
NATIONAL JEWISH HEALTH
PO BOX 17169DENVERCO802170169UNRELATED501(C)(3)UNRESTRICTED GIFT$2,500
FRIENDS OF THE IDF
PO BOX 4224NEW YORKNY10163UNRELATED501(C)(3)UNRESTRICTED GIFT$1,000
NORTHSHORE UNIV HEALTH SYSTEM
1033 UNIVERSITY PLACEEVANSTONIL60201UNRELATED501(C)(3)UNRESTRICTED GIFT$2,500SUITE 450
NW MEDICAL FOUNDATION
2743 W PETERSON AVECHICAGOIL60659UNRELATED501(C)(3)UNRESTRICTED GIFT$105,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$182,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$43ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$43ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$43TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
ALBERT M FRIEDMAN
1350 N CLARK ST STE 400CHICAGOIL60654$150,000Yes (X)
SUZANNE FRIEDMAN
2350 N CLARK ST STE 400CHICAGOIL60654$150,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$2,050Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
FILING FEES$15
PROMOTION EXPENSE$5,300

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$1Amt