WITHIN THE RELIGIOUS SOCIETY OF FRIENDS ARE MANY ORGANIZATIONS REQUIRING FINANCIAL SERVICES TO SUPPORT THEIR WORK. AMONG THESE ORGANIZATIONS ARE FRIENDS MEETINGS, CHURCHES, SCHOOLS, RETIREMENT COMMUNITIES AND OTHER NON-PROFIT FRIENDS GROUPS WHOSE PURPOSE IS TO ADVANCE SOME ASPECT OF THE WORK AND FAITH OF THE RELIGIOUS SOCIETY OF FRIENDS. FRIENDS FIDUCIARY CORPORATION WAS CREATED TO MEET THIS NEED. MORE SPECIFICALLY, THE PURPOSES OF FRIENDS FIDUCIARY CORPORATION ARE TO PROVIDE QUAKER VALUES ALIGNED INVESTMENT MANAGEMENT, FIDUCIARY AND CHARITABLE GIVING SERVICES FOR TAX-EXEMPT QUAKER ORGANIZATIONS. INVESTMENTS ARE MADE ACCORDING TO OUR QUAKER VALUES ALIGNED INVESTMENT CRITERIA, GUIDED BY FRIENDS TESTIMONIES AND VALUES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$743.3M
+7.2% YoY
Annual Giving
$1.1M
+45.0% YoY
Grant Count
40
+2.6% YoY
Avg Grant Size
$28K
+41.4% YoY
About Friends Fiduciary Corporation
Based on IRS filings
Friends Fiduciary Corporation is a nonprofit organization focused on Public, Societal Benefit, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $743.3M in total assets. In 2024, it awarded 40 grants totaling $1.1M. Net investment income was $893K.
Focus Areas
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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 | $743,271,598 | $693,159,751 | $617,125,539 |
| Revenue | $6,638,314 | $6,371,357 | $5,423,969 |
| Expenses | $6,331,719 | $5,756,864 | $5,414,376 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $892,963 | $929,168 | $698,765 |
| 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 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Realize Impact ($370,500), Cheyney University ($186,500), Friends Council on Education ($76,715).
| Recipient | Purpose | Amount |
|---|---|---|
| American Friends Service Committee Philadelphia, PA | Unrestricted | $13,000 |
| Arts Holding Hands and Hearts Kennett Square, PA | ""Step-Up-Step-Out"" | $7,000 |
| Baltimore Yearly Meeting Baltimore, MD | Campaign for Opequon | $10,000 |
| Barclay Friends West Chester, PA | Goshen memory | $25,000 |
| Cabrillo Festival of Contemporary Music Santa Cruz, CA | Unrestricted | $25,000 |
| Center in the Park Philadelphia, PA | heating assitance | $7,000 |
| Cheyney University Cheyney, PA | Tuition Aid | $186,500 |
| Crosswicks Monthly Meeting Crosswicks, NJ | for ?the running | $13,290 |
| Face to Face Philadelphia, PA | Weatherization | $9,000 |
| Family Promise Montco Ambler, PA | heating assitance | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD KENT | CHIEF INVESTMENT OFFICER | 40 | $190,482 |
| ESTON GRIFFIN | DIR OF BUS DEV & CONSTIUENT RE | 40 | $182,558 |
| ETHAN BIRCHARD | EXECUTIVE DIRECTOR EFF 4/24 | 40 | $187,419 |
| SANDY QUINN | CONTROLLER | 40 | $155,671 |
| JEFFERY W PERKINS | EXECUTIVE DIRECTOR TERM 3/24 | 40 | $80,605 |
| BENNETT LOMAX | DIR EFF 10/24; CHAIR TERM 9/24 | 10 | — |
| CHRISTIE DUNCAN-TESSMER | CHAIR EF 10/24;V-CHAIR TM 9/24 | 10 | — |
| STANLEY PELLI | VICE CHAIR | 6 | — |
| CHRISTINA REPOLEY | SEC EFF 12/24; DIR TERM 12/24 | 6 | — |
| JOAN COUNTRYMAN | SECRETARY TERM 12/24 | 2 | — |
| BRUCE BEATON | TREASURER | 2 | — |
| BETH HENRICKS | DIRECTOR | 2 | — |
| CARL BUTLER | DIRECTOR | 2 | — |
| DANIEL ISAACS | DIRECTOR | 2 | — |
| DOUG COSTA | DIRECTOR | 2 | — |
| ELIZABETH WIDDICOMBE | DIRECTOR | 2 | — |
| JOHN HELDING | DIRECTOR | 2 | — |
| JONATHAN BROWN | DIRECTOR EFF 9/24 | 2 | — |
| MARGARET PLANK | DIRECTOR EFF 9/24 | 2 | — |
| MARK MYERS | DIRECTOR | 2 | — |
| MICHAEL HOMANS | DIRECTOR EFF 9/24 | 2 | — |
| ROBERT HAYDEN JR | DIRECTOR | 2 | — |
| TAKASHI MORIUCHI | DIRECTOR | 2 | — |
| TERRY NANCE | DIRECTOR | 2 | — |
| TOM WRIGHT | DIRECTOR | 2 | — |
| TOMMY WRENN | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends Fiduciary Corporation?
Friends Fiduciary Corporation is a nonprofit organization focused on Public, Societal Benefit, based in PHILADELPHIA, PA. It holds $743.3M in total assets as of 2024.
How large is Friends Fiduciary Corporation?
As of 2024, Friends Fiduciary Corporation holds $743.3M in total assets with $6.6M in annual revenue. It awarded 40 grants totaling $1.1M in 2024.
Where does Friends Fiduciary Corporation operate?
Friends Fiduciary Corporation has awarded grants in Alabama, Arizona, California, Connecticut, District of Columbia, Indiana, Massachusetts, Maryland, Maine, North Carolina, New Jersey, New York, Pennsylvania, Utah, Washington.
What size grants does Friends Fiduciary Corporation award?
In 2024, Friends Fiduciary Corporation awarded 40 grants totaling $1.1M — an average of about $28K per grant, based on its IRS Form 990 filings.
What is Friends Fiduciary Corporation's EIN?
Friends Fiduciary Corporation's EIN (Employer Identification Number) is 23-1968136. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Friends Fiduciary Corporation'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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