Friendship Fund Inc Trust
Friendship Fund Inc Trust is a private foundation, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 1 grant totaling $224K. Net investment income was $254K.
Key facts about Friendship Fund Inc Trust
- EIN
- 13-6045127
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $224,000
- Grants made (2024)
- 1
- Average grant
- $224,000
- Median grant
- $224,000
- Total assets
- $4,483,516
- Primary geography
- District of Columbia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Friendship Fund Inc Trust gives
- Giving grew 81% from 2021 to 2024. Method
- In 2024 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Friendship Fund Inc Trust
- How to evaluate Friendship Fund Inc Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+0.5% YoY
Annual Giving
$224K
+39.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$224K
+39.1% YoY
Under IRS private-foundation payout rules, Friendship Fund Inc Trust reported a distributable amount of $243K for 2024 — the minimum it must pay out in qualifying distributions.
About Friendship Fund Inc Trust
Based on IRS filings
Friendship Fund Inc Trust is a private foundation, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 1 grant totaling $224K. Net investment income was $254K.
Ready to take the next step with Friendship Fund Inc Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,483,516 | $4,461,525 | $4,538,087 |
| Revenue | $278,636 | $108,180 | $218,412 |
| Expenses | $255,102 | $187,365 | $25,261 |
| Qualifying Distributions | $228,835 | $162,340 | $1,226 |
| Net Investment Income | $253,986 | $85,892 | $196,926 |
| Distributable Amount | $242,857 | $222,267 | $215,262 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Institute of Current World Affairs Inc ($224,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INSTITUTE OF CURRENT WORLD AFFAIRS INC Washington, DC | PAYMENTS MADE IN ACCORDANCE WITH TRUST AGREEMENT. | $224,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paul Rahe | Chair | 2 | — |
| Onyinye Edeh | Secretary | 2 | — |
| Bill Rielly | Treasurer | 2 | — |
| Yunfei Liu | Trustee | 2 | — |
| Jeffrey Gedmin | Trustee | 2 | — |
| Fabrice Houdart | Trustee | 2 | — |
| Bacete Bwogo | Trustee | 2 | — |
| Naoko Aoki | Trustee | 2 | — |
| Susan Brind Morrow | Trustee | 2 | — |
| Catherine Rielly | Trustee | 2 | — |
| Peter Leon | Trustee | 2 | — |
| Joseph Bradley | Trustee | 2 | — |
| Cris Duschek | Trustee | 2 | — |
| Chi-Chi Zhang | Trustee | 2 | — |
| Gregory Feifer | Executive Director | 2 | — |
| Bruce Teeter | Director of Operations | 2 | — |
Frequently Asked Questions
How large is Friendship Fund Inc Trust?
As of 2024, Friendship Fund Inc Trust holds $4.5M in total assets with $279K in annual revenue. It awarded 1 grant totaling $224K in 2024.
Where does Friendship Fund Inc Trust operate?
Friendship Fund Inc Trust has awarded grants in District of Columbia.
What size grants does Friendship Fund Inc Trust award?
In 2024, Friendship Fund Inc Trust awarded 1 grant totaling $224K — an average of about $224K per grant, based on its IRS Form 990 filings.
How much is Friendship Fund Inc Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friendship Fund Inc Trust reported a distributable amount of $243K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friendship Fund Inc Trust's EIN?
Friendship Fund Inc Trust's EIN (Employer Identification Number) is 13-6045127. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.