Friends Development Fund Inc
Invest permanent funds for the purpose of distributing earnings to various Friends exempt entities.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.6M
+3.0% YoY
Annual Giving
$59K
+8.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$30K
+8.3% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,649,910 | $1,601,904 | $1,482,545 |
| Revenue | $121,828 | $107,813 | $77,476 |
| Expenses | $75,585 | $69,739 | $67,849 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $121,739 | $107,813 | $57,166 |
| 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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Friends Development Fund Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Manuel Garcia | trustee | — | — |
| Dennis Reece | trustee | — | — |
| Nancy Parsons | trustee | — | — |
| Mike Martin | trustee | — | — |
| Hunter Fitch | trustee | — | — |
| Isaac Good | Secretary (recorder) | — | — |
| John Good | treasurer | 1 | — |
| Lloyd Stangland | President (Presider) | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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