Friend Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 4 grants totaling $170K. Net investment income was $148K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-69.3% YoY
Annual Giving
$170K
+4.6% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$43K
+4.6% YoY
Under IRS private-foundation payout rules, Friend Family Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Friend Family Foundation
Based on IRS filings
Friend Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 4 grants totaling $170K. Net investment income was $148K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,641 | $31,384 | $19,312 |
| Revenue | $149,955 | $176,691 | $104,309 |
| Expenses | $171,698 | $164,619 | $116,702 |
| Qualifying Distributions | $170,256 | $162,711 | $115,015 |
| Net Investment Income | $147,753 | $138,038 | $171,291 |
| Distributable Amount | $5,169 | $2,838 | $467 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish United Fund ($110,000), Bryn Mawr ($27,741), Us Holocaust Museum ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRYN MAWR LINCOLNWOOD, IL | GENERAL FUND | $27,741 |
| JDC NEW YORK, NY | GENERAL FUND | $7,500 |
| JEWISH UNITED FUND CHICAGO, IL | GENERAL FUND | $110,000 |
| US HOLOCAUST MUSEUM HIGHLAND PARK, IL | GENERAL FUND | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOWARD FRIEND | PRES / SEC'Y / DIRECTOR | — | — |
| LOREN FRIEND | VP / TREAS / DIRECTOR | — | — |
| BARRIE FRIEND | DIRECTOR, AS REQUIRED | — | — |
| CHARLES FRIEND | DIRECTOR, AS REQUIRED | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friend Family Foundation?
Friend Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $10K in total assets as of 2024.
How large is Friend Family Foundation?
As of 2024, Friend Family Foundation holds $10K in total assets with $150K in annual revenue. It awarded 4 grants totaling $170K in 2024.
Where does Friend Family Foundation operate?
Friend Family Foundation has awarded grants in Illinois, Minnesota, New York.
What size grants does Friend Family Foundation award?
In 2024, Friend Family Foundation awarded 4 grants totaling $170K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is Friend Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friend Family Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friend Family Foundation's EIN?
Friend Family Foundation's EIN (Employer Identification Number) is 34-2044584. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Friend Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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