Friends for Neighborhood Progress logo

Friends for Neighborhood Progress

FREDERICK, MD EIN: 52-1036628 Website

TO PROMOTE AND ADVANCE THE WELFARE OF THE RESIDENTS OF FREDERICK COUNTY, MARYLAND.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$531K

-55.9% YoY

Annual Giving

$372K

Grant Count

1

Avg Grant Size

$372K

About Friends for Neighborhood Progress

Based on IRS filings

Friends for Neighborhood Progress is a nonprofit organization, based in FREDERICK, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $531K in total assets. In 2024, it awarded 1 grants totaling $372K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Frederick

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$212K$424K$636K$848K20202021202220232024
Metric202420232022
Total Assets$531,030$1,203,584$1,273,740
Revenue$105,045$285,394$337,804
Expenses$771,303$363,540$332,068
Qualifying Distributions
Net Investment Income$-1,774$-2,198$520
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$93K$186K$279K$372K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THE CITY OF FREDERICK MA…$372K

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The City of Frederick Maryland ($371,594).

RecipientPurposeAmount
THE CITY OF FREDERICK MARYLAND FREDERICK, MDTO BE USED SOLELY FOR THE OPERATION OF THE CITY'S FOODBANK WITHIN THE GEOGRAPHIC LIMITS OF THE CITY, WHICH USE INCLUDES FOOD PURCHASES, THE LEASE/PURCHASE OF A BUILDING TO HOUSE THE FOODBANK AND/OR UTILITIES ASSOCIATED WITH THE FOODBANK BUILDING. THE CITY WILL CONTINUOUSLY OPERATE A FOODBANK WITHIN THE CITY LIMITS FOR TEN YEARS FOLLOWING THE EXECUTION OF THE GRANT AGREEMENT.$371,594

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MICHELLE PETERSENEXECUTIVE DIRECTOR$43K

From 2024 filing

NameTitleHoursCompensation
CHRISTINE BICKLEDIRECTOR1
DR JACQUELINE BADRODIRECTOR1
BECKY WELLSBOARD CO-CHAIR1
ANNETTE PERKINSDIRECTOR1
CAROL MACKTREASURER1
RON YOUNGDIRECTOR1
LAWRENCE COSTELLODIRECTOR1
DONNA FOXDIRECTOR1
MICHELLE PETERSENEXECUTIVE DIRECTOR40$42,730

Frequently Asked Questions

How large is Friends for Neighborhood Progress?

As of 2024, Friends for Neighborhood Progress holds $531K in total assets with $105K in annual revenue. It awarded 1 grants totaling $372K in 2024.

Where does Friends for Neighborhood Progress operate?

Friends for Neighborhood Progress has awarded grants in Maryland.

What size grants does Friends for Neighborhood Progress award?

In 2024, Friends for Neighborhood Progress awarded 1 grants totaling $372K — an average of about $372K per grant, based on its IRS Form 990 filings.

What is Friends for Neighborhood Progress's EIN?

Friends for Neighborhood Progress's EIN (Employer Identification Number) is 52-1036628. IRS Form 990 filing data is available on this page for 2020–2024.

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

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