Buchanan Friendship Foundation

EIN: 98-1376156

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

2states

Cities

Atlantic CityBoston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$182M$364M$546M$728M20202021202220232024
Metric202420232022
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

$0$1M$3M$4M$6M0 grants20200 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

ELLIS EARLY LEARNING INC$5.4MHER NEXT STEPS A NJ NONP…$150K

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K2$100–250K$250–500K$500K–1M1$1–5M1$5M+

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).

RecipientPurposeAmount
HER NEXT STEPS A NJ NONPROFIT CORPORATION ATLANTIC CITY, NJPROGRAM SUPPORT$150,000
ELLIS EARLY LEARNING INC BOSTON, MAPROGRAM SUPPORT$5,400,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM BUCHANAN GRAYCOUNCILLOR1
ALICIA NIMO SAAVEDRACOUNCILLOR1
ADRIAN HARBOURGUARDIAN1

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

Browse active grant opportunities in Buchanan Friendship Foundation's focus areas in our free grants database

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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