Friend Initiative Inc

DURHAM, NC EIN: 87-2644643

Friend Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it made $531 in qualifying distributions.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2K

-3.6% YoY

Revenue

$1K

+0.0% YoY

Qualifying Distributions

$531

-50.0% YoY

Expenses

$531

-50.0% YoY

About Friend Initiative Inc

Based on IRS filings

Friend Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it made $531 in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$292.32500000000005$584.6500000000001$876.9750000000001$1K2021202220232024
Metric202420232022
Total Assets$1,693$1,756$1,552
Revenue$1,000$1,000$1,000
Expenses$531$1,063$796
Qualifying Distributions$531$1,063$796
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Irene AbellaPresident1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Friend Initiative Inc?

Friend Initiative Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DURHAM, NC. It holds $2K in total assets as of 2024.

How large is Friend Initiative Inc?

As of 2024, Friend Initiative Inc holds $2K in total assets with $1K in annual revenue.

What is Friend Initiative Inc's EIN?

Friend Initiative Inc's EIN (Employer Identification Number) is 87-2644643. IRS Form 990 filing data is available on this page for 2021–2024.

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

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