The Friends of the University of
To promote the growth and development of collegiate and graduate educationand scholarship.
The Friends of the University of at a glance
- Total assets
- $1,586,069
- +5.3% vs 2024
- Revenue (2025)
- $461,870
- +64.7% vs 2024
- Net investment income (2025)
- $95,302
- +16.2% vs 2024
- Expenses (2025)
- $381,089
- +85.9% vs 2024
- Latest 990 filing
- Form 990 filing, 2025 View filing
Data from IRS Form 990 filing, 2025; updated September 2026.
Who The Friends of the University of funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 4 grants totaling $112K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Up Foundation Inc | Educational Scholarships and Grants | $69,526 |
| Uperdfi | Education Grant | $37,160 |
| Kaagapay UPS Trust | Educational Fund | $2,750 |
| Up Business Research Foundation | Educational Grant | $2,090 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $1,586,069 | $461,870 | $381,089 | — | — | $95,302 | — |
| 2024 | $1,505,884 | $280,489 | $204,990 | — | — | $82,040 | — |
| 2023 | $1,432,284 | $119,131 | $79,456 | — | — | $46,687 | — |
| 2022 | $1,390,707 | $204,138 | $289,561 | — | — | $92,580 | — |
| 2021 | $1,487,422 | $548,130 | $116,309 | $111,526 | 4 | $420,930 | $87,275 |
About The Friends of the University of
Based on IRS filings
The Friends of the University of is a nonprofit organization focused on International, Foreign Affairs & National Security, based in Concord, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.6M in total assets. Net investment income was $95K.
Leadership & Key People
Officers and directors from IRS filings
The Friends of the University of is led by Danilo Concepcion, President on filings since 2021; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Danilo Concepcion
President
On filings since 2021
12 hrs/week
No compensation reported
Lourdes Tancinco
Vice Chair
Corporate Se → Vice Chair, 2022
On filings since 2021
30 hrs/week
No compensation reported
Mae C. Echanis
Board Member
Boardmember → Board Member, 2023
On filings since 2021
12 hrs/week
No compensation reported
Polly S. Cortez
CFO
Vice Chair → CFO, 2022
On filings since 2021
60 hrs/week
No compensation reported
Sonia T. Delen
Corporate Secretary
Boardmember → Secretary, 2022
Secretary → Corporate Secretary, 2023
On filings since 2021
30 hrs/week
No compensation reported
Vicente R. Limcaoco
Board Member
Boardmember → Board Member, 2023
On filings since 2021
12 hrs/week
No compensation reported
Emilio Jojo Roque Jr.
Board Member
Boardmemeber → Board Member, 2023
On filings since 2022
12 hrs/week
No compensation reported
Julieta Zarate Hudson
Board Member
Boardmember → Board Member, 2023
On filings since 2022
48 hrs/week
No compensation reported
Marian Catedral King
Board Member
Boardmember → Board Member, 2023
On filings since 2022
12 hrs/week
No compensation reported
Victor Villagracia
Board Member
Boardmember → Board Member, 2023
On filings since 2022
12 hrs/week
No compensation reported
Crisostomo B. Garcia
Board Member
On filings since 2023
12 hrs/week
No compensation reported
Former officers (5)
- Former: Leopoldo M. Clemente (2021–2024) — Board Member
- Former: Angelo A. Jimenez (2023–2024) — President
- Former: Crisostomo B. Garcia Ph D. (2021–2022) — Boardmember
- Former: Julie Zarate Hudson (2021) — CFO
- Former: Vic Villagracia (2021) — Boardmember
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Friends of the University of
How large is The Friends of the University of?
The Friends of the University of reported $1.6M in total assets on its 2025 IRS Form 990 filing. Its revenue that year was $462K.
What is The Friends of the University of?
The Friends of the University of is a nonprofit organization focused on International, Foreign Affairs & National Security, based in Concord, CA. It holds $1.6M in total assets as of 2025.
What is The Friends of the University of's EIN?
The Friends of the University of's EIN (Employer Identification Number) is 94-2838248. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in The Friends of the University of's focus areas in our free grants database
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