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Friezo Family Foundation EIN 27-4256760

Friezo Family Foundation

EIN  27-4256760 Private foundation / grantmaker Ft Lauderdale, FL
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Size
$100K–1M
What they do
A private foundation based in Ft Lauderdale, FL. It reported about $351K in revenue for 2025.
Leadership
David Friezo · President
Money in and out
$351K revenue, $209K expenses
Bottom line
—

A private foundation based in Ft Lauderdale, FL. It reported about $351K in revenue for 2025. For fiscal year 2025 it reported $351K in revenue, $209K in expenses, and $1.7M in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$351K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $142K
Total assets
1.7M
deployed as grants and operations
Grants paid
204K
in FY2025
Grants made
21grants
total in period
Payout rate
12%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 21 grants · $204K · 2025–2025
University of MiamiFL · FY2025$100,000
Tulane UniversityFY2025$43,315
Memorial Sloan KetteringFY2025$25,000
Healthnetwork FoundationOH · FY2025$7,500
ScholarisorgFY2025$5,000
Shalom PreschoolCA · FY2025$4,000
St Ambrose ChurchFY2025$3,600
Strongpoint Theinert RanchFY2025$2,500
Marian Center AuxiliaryFY2025$2,500
St John Baptist Rc ChurchNY · FY2025$1,500
Discovery to Cure Yale New HavenFY2025$1,500
Northern Valley HsFY2025$1,200
Montgomery Museum of Fine ArtsFY2025$1,034
American Friends of Leket Israel INCNJ · FY2025$1,000
Community Church in Harrington ParkFY2025$1,000
Alzheimer's Drug Discovery FoundatiFY2025$1,000
Greens Farm AcademyFY2025$1,000
Fairfield Country Day School CorporationCT · FY2025$1,000
See all 21 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV7
Average grantPart XV$10K
Median grantPart XV$2K
Largest grantPart XV$100K
Top cause focusNTEEColleges & Universities (10%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$351K
FY2025▲ +71%
Expenses
$209K
FY2025▲ +108%
Total assets
$1.7M
FY2025▲ +11%
Total liabilities
$0
FY2025
Total revenue
$351K
Pt VIII · Ln 12
Total expenses
$209K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Total assetsPt II$1.7M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFriezo Family Foundation
EINHdr · item D27-4256760
Principal addressHdr · item CFt Lauderdale, FL
WebsiteHdr · item Jwww.friezofamilyfoundation.org
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82)
Ruling yearIRS BMFFeb 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
David Friezo
President
$0Pt VII · Sec A
Jorgelina Friezo
Vice President
$0Pt VII · Sec A
Richard Li
Secretary
$0Pt VII · Sec A
See Friezo Family Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$284K · 81%
Contributions & grants$67K · 19%
Investment income81%$284K
Contributions & grants19%$67K
Total revenueLn 12$351K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.98 Operating & administrative $0.02
Grants & contributions paid98%$204K
Operating & administrative2%$4K
Total functional expensesLn 25$209K

Balance Sheet

Part X · end of year
CashLn 1$56K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.7M
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $1.7M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $351K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $351K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $351K · Prior year $205K
+71%
Revenue CAGR
FY2020 $138K · FY2025 $351K
+20%
Net-asset trend (YoY)
End of year $1.7M · Beginning of year $1.6M
+11%
Balance sheet
Surplus Margin
Revenue $351K · Expenses $209K
+40%
Liabilities-to-Assets
Total liabilities $0 · Total assets $1.7M
0%
Net-asset ratio
Net assets $1.7M · Total assets $1.7M
100%
People & payroll
Highest Reported Total Compensation
Individual David Friezo · Reported title President · Highest reported compensation $0 · Total expenses $209K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 71%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$351K revenue · viewing · ⤓ 990 PDF
FY2024$205K revenue · ⤓ 990 PDF
FY2023$168K revenue · ⤓ 990 PDF
FY2022$287K revenue · ⤓ 990 PDF
FY2021$245K revenue · ⤓ 990 PDF
FY2020$138K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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