Friendship Foundation
Supporting friends by providing peace of mind
Friendship Foundation at a glance
In short: Friendship Foundation gave $20K across 1 grant in 2025 (avg $20K), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $20,000
- Grants made (2025)
- 1
- Average grant
- $20,000
- Median grant
- $20,000
- Total assets
- $111,141,991
- +7.5% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Friendship Foundation
- Next open deadline
- February 13, 2027 (Seniors for Seniors Scholarship)
Open Grants
1 open opportunity from Friendship Foundation
Who Friendship Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Carilion Clinic Foundation ($20K).
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Friendship Foundation gives
- Giving grew 300% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $5K (2022) to $56K (2021). In 2025 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carilion Clinic Foundation Roanoke, VA | Contribution for Cancer Research | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $111,141,991 | $45,021,329 | $39,657,070 | $20,000 | 1 | $603,069 |
| 2024 | $103,431,835 | $27,768,294 | $29,541,277 | — | — | $133,863 |
| 2023 | $30,735,129 | $11,960,925 | $5,571,536 | — | — | $135,900 |
| 2022 | $6,682,176 | $1,148,082 | $131,150 | $5,000 | 1 | $128,274 |
| 2021 | $4,450,599 | $1,386,048 | $1,355,907 | $56,290 | 9 | $108,070 |
About Friendship Foundation
Based on IRS filings
Friendship Foundation is a public charity, based in Roanoke, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $111.1M in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $603K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Friendship Foundation is led by Joseph M. Hoff, President & CEO on the 2025 filing; 1 of 20 officers listed in 2025 is compensated.
Officers on the 2025 filing
Joseph M. Hoff
President & CEO
New on the 2025 filing
20 hrs/week
No compensation reported
Robert McGee
Executive Director of Facilities & Maintenance
New on the 2025 filing
20 hrs/week
No compensation reported
Robert C. Lawson
Chairman
Vice Chairman → Chairman, 2023
On filings since 2021
1 hr/week
$43K (2021) → $0 (2025)
Cynda A. Johnson
Director
On filings since 2021
1 hr/week
$37K (2021) → $0 (2025)
Edwin R. Feinour
Director
On filings since 2021
1 hr/week
$34K (2021) → $0 (2025)
Glen C. Combs
Director
Chairman → Director, 2023
On filings since 2021
1 hr/week
$51K (2021) → $0 (2025)
Lucian Y. Grove Jr.
Director
On filings since 2021
1 hr/week
$40K (2021) → $0 (2025)
Robert H. Sandel
Director
On filings since 2021
1 hr/week
$30K (2021) → $0 (2025)
Mary Rodger
Director of Accounting
On filings since 2021
20 hrs/week
No compensation reported
Nathaniel Bishop
Director
On filings since 2023
1 hr/week
No compensation reported
Gregory W. Feldmann
Director
On filings since 2024
1 hr/week
No compensation reported
Paul Nester
Director
New on the 2025 filing
1 hr/week
No compensation reported
Benjamin Higgins
Vice President of Operations - Richfield
Director of Healthcare Operations → Vice President of Operations - Richfield, 2025
On filings since 2021
20 hrs/week
$253K (2025)
Kathryn K. Oelschlager
Vice Chairman
Director → Vice Chair, 2023
Vice Chair → Vice Chairman, 2025
On filings since 2021
1 hr/week
$40K (2021) → $0 (2025)
Angela Hughes
Vice President Human Resources & Compl
Vice President of Human Resources & Compliance → Vice President of Human Resources, 2024
Vice President of Human Resources → Vice President Human Resources & Compl, 2025
On filings since 2021
20 hrs/week
No compensation reported
Cindy Mitchell
Board Secretary
On filings since 2021
20 hrs/week
No compensation reported
Brandon Evans
Vice President of Operations
New on the 2025 filing
No compensation reported
C. Michael Shannon
CFO
New on the 2025 filing
20 hrs/week
No compensation reported
Mazen Madhoun
Physician
New on the 2025 filing
No compensation reported
Yolanda Davis-Merchant
Nurse Manager Lpn
New on the 2025 filing
20 hrs/week
No compensation reported
Former officers (8)
- Former: Ashley Jewell (2021–2024) — Director of Human Resource
- Former: Joe Hoff (2021–2024) — CEO
- Former: Michael Shannon (2021–2024) — CFO
- Former: Stephanie Duncan (2021–2024) — Director of Revenue Cycle
- Former: Todd Lowe (2021–2024) — Director of Information Sy
- Former: John B. Williamson III (2023–2024) — Director
- Former: Edgar K. Baker (2021–2022) — Director
- Former: John B. Williams III (2022) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $253K, to Benjamin Higgins (Vice President of Operations - Richfield).
Frequently asked questions about Friendship Foundation
How much does Friendship Foundation give each year?
Friendship Foundation gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Friendship Foundation?
Friendship Foundation reported $111.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $45.0M.
Where does Friendship Foundation operate?
Friendship Foundation has awarded grants in Georgia, Texas, Virginia.
What is Friendship Foundation's EIN?
Friendship Foundation's EIN (Employer Identification Number) is 54-1427948. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in Friendship Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Carilion Medical Center
Roanoke, VA
Carilion Medical Center funds health-related work, including medical education, patient care, pediatric programs, community health, and health-focused projects. Its 2025 grants ranged from $5,250 to $4,250,200, with a median of $18,732; 99% of grant dollars went to Virginia recipients. The available information does not specify an application process for outside organizations or whether unsolicited requests are accepted.
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United Way of Virginia's Blue Ridge Inc
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United Way of Virginia’s Blue Ridge funds early learning and childcare, youth programs, family supports, and employment and workforce development in Roanoke and Salem, Vinton, and Botetourt, Craig, Franklin, and Roanoke Counties. Its 2025 grants ranged from $5,028 to $356,788, with a median of $54,756. It used an annual community investment application process in 2023–2024; whether it accepts unsolicited requests is not stated.
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Friendship Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Friendship Foundation down — hundreds of funders to go?