BETA

FRIDAY FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
FRIDAY FOUNDATION (EIN 47-1889104)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-07
IRS object ID
202601279349102695
Schema version
2024v5.0
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)
Return2026-05-07T17:06:10-04:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN911693046PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STETSON KOENES PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18561 154TH AVENUE NE SUITE 270AddressLine1Txt
CityREDMONDCityNm
State AbbreviationWAStateAbbreviationCd
ZIP98052ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471889104EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRIDAY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRIDBusinessNameControlTxt
Phone4254553337PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 518AddressLine1Txt
CityMEDINACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98039ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAROLYN GRINSTEINPersonNm
Person TitlePRESIDENT, TREASURERPersonTitleTxt
Phone4254553338PhoneNum
Signature2026-05-05SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonASIF I MUZAFFARRPreparerPersonNm
PTINP00638064PTIN
Phone5032972610PhoneNum
Preparation2026-05-04PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$37,337,822FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$6,151InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$6,151InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$1,167,767DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,167,767DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$341,274NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,626,925GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$341,274CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,515,192TotalRevAndExpnssAmt
Total Net Invst Incm$1,515,192TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$82,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$10,250CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$71,750CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$1,651LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$1,651LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$8,000AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$8,000AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$35,415OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$35,415OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$28,435TaxesRevAndExpnssAmt
Taxes Net Invst Incm$8,121TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$137OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$136OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$155,638TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$53,786TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$81,537TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,500,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,500,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,655,638TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$53,786TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$3,581,537TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,140,446ExcessRevenueOverExpensesAmt
Net Investment Income$1,461,406NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,292CashBOYAmt
Cash EOY$22,421CashEOYAmt
Cash EOYFMV$22,430CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,161,435SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$64,861SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$64,861SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$13,499,899CorporateStockBOYAmt
Corporate Stock EOY$13,057,185CorporateStockEOYAmt
Corporate Stock EOYFMV$18,447,891CorporateStockEOYFMVAmt
Corporate Bonds BOY$19,865,224CorporateBondsBOYAmt
Corporate Bonds EOY$19,248,200CorporateBondsEOYAmt
Corporate Bonds EOYFMV$18,802,640CorporateBondsEOYFMVAmt
Total Assets BOY$34,533,850TotalAssetsBOYAmt
Total Assets EOY$32,392,667TotalAssetsEOYAmt
Total Assets EOYFMV$37,337,822TotalAssetsEOYFMVAmt
Accounts Payable BOY$2,051AccountsPayableBOYAmt
Other Liabilities BOY$4,060OtherLiabilitiesBOYAmt
Other Liabilities EOY$5,374OtherLiabilitiesEOYAmt
Total Liabilities BOY$6,111TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,374TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$34,527,739RetainedEarningBOYAmt
Retained Earning EOY$32,387,293RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$34,527,739TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$32,387,293TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$34,533,850TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$32,392,667TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$34,527,739TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,140,446ExcessRevenueOverExpensesAmt
Subtotal$32,387,293SubtotalAmt
Tot Net Ast Or Fund Balances EOY$32,387,293TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BERNSTEIN LT COVEREDP$2,507,288$2,285,651$221,637$221,637
BERNSTEIN LT NONCOVEREDP$63$63$63
FieldValueIRS element (for citing)
Capital Gain Net Income$341,274CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$20,314InvestmentIncomeExciseTaxAmt
Subtotal$20,314SubtotalAmt
Tax Based On Investment Income$20,314TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$15,440EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$12,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$27,440TotalPaymentsAndCreditsAmt
Overpayment$7,126OverpaymentAmt
Applied To ES Tax$7,126AppliedToESTaxAmt

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 SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateWAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressHTTPS://FRIDAYFOUNDATIONARTS.ORGWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1CAROLYN GRINSTEINBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4254426896PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 518AddressLine1Txt
CityMEDINACityNm
State AbbreviationWAStateAbbreviationCd
ZIP98039ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CAROLYN GRINSTEIN
PO BOX 518MEDINAWA98039PRESIDENT, T5.00$0$0$0
DONALD HUSSONG
1929 BONAIR DRIVE SWSEATTLEWA98116VICE PRESIDE2.00$41,000$0$0
GEORGE STEERS
116 FAIRVIEW AVE N UNIT 1023SEATTLEWA98109DIRECTOR3.00$41,000$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$37,133,435AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$45,851AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$37,179,286TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$37,179,286AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$557,689CashDeemedCharitableAmt
Net Vl Noncharitable Assets$36,621,597NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,831,080MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,831,080MinimumInvestmentReturnAmt
Tax Based On Investment Income$20,314TaxBasedOnInvestmentIncomeAmt
Total Tax$20,314TotalTaxAmt
Distributable Before Adj$1,810,766DistributableBeforeAdjAmt
Distributable Before Ded$1,810,766DistributableBeforeDedAmt
Distributable As Adjusted$1,810,766DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$3,581,537ExpensesAndContributionsAmt
Qualifying Distributions$3,581,537QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,810,766DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$268,597,191ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$47,375,077ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$315,972,268TotalExcessDistributionCyovAmt
Qualifying Distributions$3,581,537QualifyingDistributionsAmt
Applied To Current Year$1,810,766AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,770,771RemainingDistriFromCorpusAmt
Total Corpus$317,743,039TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$268,597,191ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$49,145,848ExcessDistriCyovToNextYrAmt
Excess From Year4$47,375,077ExcessFromYear4Amt
Excess From Current Year$1,770,771ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
MEMPHIS METAL MUSEUM
374 METAL MUSEUM DRIVEMEMPHISTN38106501C3SUPPORT RELOCATION OF MUSEUM$1,000,000
SEATTLE SYMPHONY
200 UNIVERSITY STREETSEATTLEWA98101501C3SUPPORT AMPLIFY MUSICAL CAMPAIGN$2,500,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,500,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,151ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,167,767ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$341,274ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,515,192ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,515,192TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTANT FEESCategoryTxt
Amt$8,000Amt
Disbursements Charitable Prps$8,000DisbursementsCharitablePrpsAmt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

FieldValueIRS element (for citing)
BondBERNSTEIN FIXED INCOMEBondNm
EOY Book Value$19,248,200EOYBookValueAmt
EOYFMV$18,802,640EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockBERNSTEIN EQUITIESStockNm
EOY Book Value$13,057,185EOYBookValueAmt
EOYFMV$18,447,891EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryATTORNEY FEESCategoryTxt
Legal Fees$1,651LegalFeesAmt
Disbursements Charitable Prps$1,651DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
BANK CHARGES$2$1
ANNUAL REGISTRATION$135$135

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
ADVANCES$500$500
FEDERAL EXCISE TAX PAYABLE$3,560$4,874

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEESCategoryTxt
Amt$35,415Amt
Net Investment Income$35,415NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL EXCISE TAX$20,314
FOREIGN TAXES PAID ON INVESTMENT$8,121$8,121

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