Buchanan Friendship Foundation
THE FOUNDATION DEVOTES ITS PROPERTY TO FUNDING AND DEVELOPING PHILANTHROPIC PROJECTS THAT PROMOTE SOCIAL WELFARE (INCLUDING FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES) WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE").
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5B
+27.2% YoY
Annual Giving
$5.5M
+362.5% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$2.8M
+131.3% YoY
About Buchanan Friendship Foundation
Based on IRS filings
Buchanan Friendship Foundation is a nonprofit organization. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5B in total assets. In 2024, it awarded 2 grants totaling $5.5M. Net investment income was $51.8M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,508,593,902 | $1,185,692,093 | $1,094,617,665 |
| Revenue | $51,830,730 | $1,087,536 | $1,754,790 |
| Expenses | $13,389,808 | $1,319,820 | $4,569,422 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $51,830,730 | $1,087,536 | $1,754,790 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ellis Early Learning Inc ($5,400,000), Her Next Steps a Nj Nonprofit Corporation ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HER NEXT STEPS A NJ NONPROFIT CORPORATION ATLANTIC CITY, NJ | PROGRAM SUPPORT | $150,000 |
| ELLIS EARLY LEARNING INC BOSTON, MA | PROGRAM SUPPORT | $5,400,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM BUCHANAN GRAY | COUNCILLOR | 1 | — |
| ALICIA NIMO SAAVEDRA | COUNCILLOR | 1 | — |
| ADRIAN HARBOUR | GUARDIAN | 1 | — |
Frequently Asked Questions
How large is Buchanan Friendship Foundation?
As of 2024, Buchanan Friendship Foundation holds $1.5B in total assets with $51.8M in annual revenue. It awarded 2 grants totaling $5.5M in 2024.
Where does Buchanan Friendship Foundation operate?
Buchanan Friendship Foundation has awarded grants in Massachusetts, New Jersey.
What size grants does Buchanan Friendship Foundation award?
In 2024, Buchanan Friendship Foundation awarded 2 grants totaling $5.5M — an average of about $2.8M per grant, based on its IRS Form 990 filings.
What is Buchanan Friendship Foundation's EIN?
Buchanan Friendship Foundation's EIN (Employer Identification Number) is 98-1376156. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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