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Tully & Elise Friedman Fund at a glance

· Private foundation

Tully & Elise Friedman Fund

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$815k
Granted FY2024still arriving
18
Grants FY2024still arriving
7
States reached
$425k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

Read this first · the figures below need context

60% of Tully & Elise Friedman Fund’s FY2024 grant dollars went to Schwab Charitable Fund, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 14 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

2
’17
0
’18
0
’19
3
’23
14
’24

Amber years are those where most dollars went to a sponsor.

01What it funds
0189% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$1.3MPhilanthropy$425kRecreation & Sports$285kScience & Tech$100kArts & Culture$47kHuman Services$25kSocial Science$18kPublic Benefit$7kOther$0
02FY2024 · 18 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k9 grants · $20k
  • $10k–50k6 grants · $110k
  • $50k–250k2 grants · $260k
  • $250k+1 grant · $425k
$10,000
Median grant
7
States reached
$8.7M
Total assets
Largest grants
RecipientAmount
SCHWAB CHARITABLE FUND$425,000
AFRICAN PARKS FOUNDATION OF AMERICA$200,000
TELLURIDE FOUNDATION$60,000
MENLO CHARITY HORSE SHOW$25,000
EAGLE HILL SCHOOL$25,000
ST PAUL'S SCHOOL$20,000
GIANT STEPS EQUESTRIAN CENTER$20,000
UC SAN DIEGO FOUNDATION$10,000
MOUNTAIN FILM$10,000
NATIONAL HORSE SHOW ASSOCIATION$5,000
OREGON SHAKESPEARE FESTIVAL$5,000
AMERICAN ENTERPRISE INSTITUTE$3,389
SAN FRANCISCO OPERA ASSOCIATION$2,500
DAWN REDWOODS TRUST$2,000
KOTO RADIO$1,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY24–24, $25k) land where the poverty rate runs at 7%, against an area that typically sits at 8%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 8%MENLO CHARITY HORSE SHOW: $25k → 7%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MA
OR
CA
CO
NE
KY
VA
DC
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

78%of every dollar goes to organizations it has funded before.
$1.3M · 4 repeat orgs$358k to everyone else

Grantees it renews have grown median revenue +40% since the first grant, against +22% for those funded once.

4 repeat relationships: 3 still active in FY2024, 1 since wound down; 13 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

4
4

Total granted

$1.3M
$56k

Median revenue growth · since first grant

+40%
+22%

Still filing today

75%
50%

New vs renewed · share of each year

In FY2024, 9% of grant dollars renewed an existing relationship; $302k went to new ones.

50%100%’17’18’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’23’24
Arts & CultureRecreation & SportsEducationHealthHuman ServicesSocial ScienceOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • SP
    ST PAUL'S DAY SCHOOL OF OAKLAND DBA ST PAUL'S EPISCOPAL SCHOOL
    2× · 2017–2024 · $1.2M · revenue +40%
  • IG
    Individual grant recipient
    2× · 2017–2018 · $23k
  • AE
    AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
    2× · 2023–2024 · $18k · revenue +40%

Funded once

  • IG
    Individual grant recipient
    one grant, 2017 · $23k
  • TN
    The National Film Preserve Ltd
    one grant, 2023 · $23k · revenue +22%
  • TP
    THE PUBLIC INTEREST FELLOWSHIP FOUNDATION
    one grant, 2023 · $7k · revenue -33%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Academy of Television Arts and Sciences

The Television Academy is dedicated to celebrating excellence, innovation and the advancement of the telecommunications arts and sciences through recognition, education and leadership, while fostering a diverse, inclusive and accessible…

—
2
Npr Foundation

The npr foundation ("foundation") is organized and operated exclusively for the benefit of its sole supported organization, national public radio, inc. ("npr inc."). the foundation supports npr inc. through various activities such as…

—
3
Siff

Siff is a seattle-based 501(c)(3) arts nonprofit dedicated to the creation of vibrant experiences and spaces that champion film discovery and arts education.

Youth Development
4
Augustana College

Rooted in the liberal arts & sciences & lutheran expression of the christian faith, & is committed to offering a challenging education that develops qualities of mind, spirit, & body necessary for a rewarding life of leadership & service…

Education
5
Kqed Inc

See schedule okqed serves the people of northern california with a community-supported alternative to commercial media, providing the knowledge needed to make informed decisions; convening community dialogue; bringing the arts to everyone;…

Arts & Culture
6
American Foreign Service Association

American foreign service association (afsa) is both the principal advocate for the long-term institutional wellbeing of the professional career foreign service and responsible for safeguarding the interest of afsa members. (continued on…

—
7
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
8
The Uc Davis Foundation

The mission of the uc davis foundation is to secure, steward and manage private gifts for uc davis.

Education
9
National Association of College and University Attorneys

To advance the practice of higher education attorneys for the benefit of the institutions they serve.

—
10
Stony Brook Ophthalmology University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
11
Stony Brook Internists University Faculty Practice Corporation

Provide clinical instruction to and supervision of medical school students, interns and residents and, incident thereto, rendering professional services.

Health
12
Golden Gate University

Golden gate university prepares individuals to lead and serve by providing high quality, practice-based educational programs in law, taxation, business and related professions - as a nonprofit institution - in an innovative and challenging…

Education
How this is measured
The grantee most central to the portfolio’s shape is Telluride Foundation; the most unlike its peers is San Francisco Opera Association. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

18 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 18 of the 24 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
18/18
Grantees still filing
8/18
Grew since first funded

Where the money sits, by cause and then by grantee

ST PAUL'S DAY SCHOOL OF OAKLAND DBA ST PAUL'S EPISCOPAL SCHOOL: $1,220,000 · OtherST PAUL'S DAY SCHOOL OF OAKLAND DBA ST PAUL'S EPISCOPAL SCHOOL+8 more: $97,000 · Other+8 moreDONOR ADVISED CHARITABLE GIVING INC: $425,000 · PhilanthropyDONOR ADVISED CHARITA…AFRICAN PARKS FOUNDATION OF AMERICA: $200,000 · Recreation & SportsAFRICAN PARKS…TELLURIDE FOUNDATION: $60,000 · Recreation & SportsTELLURIDE FOU…+1 more: $5,000 · Recreation & SportsPresident and Fellows of Harvard College: $100,000 · EducationUC SAN DIEGO FOUNDATION: $10,000 · EducationTHE PUBLIC INTEREST FELLOWSHIP FOUNDATION: $6,750 · EducationThe National Film Preserve Ltd: $23,400 · Arts & CultureOREGON SHAKESPEARE FESTIVAL ASSOCIATION INC: $10,000 · Arts & CultureMOUNTAINFILM: $10,000 · Arts & CultureSAN FRANCISCO OPERA ASSOCIATION: $2,500 · Arts & CultureMENLO CHARITY HORSE SHOW INC: $25,000 · Human ServicesAMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH: $18,389 · Social ScienceTELLLURIDE EMERGENCY TECHNICIANS ASSOC: $500 · HealthTHE TELLURIDE MEDICAL CENTER FOUNDATION: $500 · Health
Other$1,317,000Philanthropy$425,000Recreation & Sports$265,000Education$116,750Arts & Culture$45,900Human Services$25,000Social Science$18,389Health$1,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetST PAUL'S DAY SCHOOL OF OAKLAND DBA ST PAUL'S EPISCOPAL SCHOOL: $1,220,000 over 2y, 11% of budgetDONOR ADVISED CHARITABLE GIVING INC: $425,000 over 1y, 0.0% of budgetAFRICAN PARKS FOUNDATION OF AMERICA: $200,000 over 1y, 0.4% of budgetPresident and Fellows of Harvard College: $100,000 over 1y, 0.0% of budgetTELLURIDE FOUNDATION: $60,000 over 1y, 0.9% of budgetEAGLE HILL FOUNDATION OF MASSACHUSETTSINC: $25,000 over 1y, 0.1% of budgetThe National Film Preserve Ltd: $23,400 over 1y, 0.3% of budgetAMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH: $18,389 over 2y, 0.0% of budgetOREGON SHAKESPEARE FESTIVAL ASSOCIATION INC: $10,000 over 2y, 0.0% of budgetUC SAN DIEGO FOUNDATION: $10,000 over 1y, 0.0% of budgetMOUNTAINFILM: $10,000 over 1y, 0.4% of budgetTHE PUBLIC INTEREST FELLOWSHIP FOUNDATION: $6,750 over 1y, 0.1% of budgetNATIONAL HORSE SHOW ASSOCIATION OF AMERICA LTD: $5,000 over 1y, 0.2% of budgetSAN FRANCISCO OPERA ASSOCIATION: $2,500 over 1y, 0.0% of budgetSAN MIGUEL EDUCATIONAL FUND: $1,000 over 1y, 0.1% of budgetTELLLURIDE EMERGENCY TECHNICIANS ASSOC: $500 over 1y, 2.2% of budgetTHE TELLURIDE MEDICAL CENTER FOUNDATION: $500 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Telluride FoundationThe Goldman Sachs Cha…Boston Foundation IncNational Philanthropi…American Endowment Fo…The Blackbaud Giving …Vanguard Charitable E…Donor Advised Charita…Fidelity Investments …Amazonsmile Foundation
Telluride FoundationCO13.6× affinity4 shared granteesties to 9 of 9Hover any node to trace its alignments.Compare side by side →

Open a dossier: Telluride Foundation · The Goldman Sachs Charitable Gift Fund · Boston Foundation Inc · National Philanthropic Trust · American Endowment Foundation · The Blackbaud Giving Fund · Vanguard Charitable Endowment Program · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Tully & Elise Friedman Fund funds: left to right is the share of its income from government, bottom to top the share from Tully & Elise Friedman Fund. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%8%15%22%30%share of the org’s income from government →median 7%
  • President and Fellows of Harvard College: 7% of income from government
  • Oregon Shakespeare Festival Association Inc: 0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
6report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–30%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 24 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Tully & Elise Friedman’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home