Friendship Train Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEPTUNE, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $282K in total assets. In 2024, it made $160K in qualifying distributions. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$282K
+2.8% YoY
Revenue
$236K
-24.9% YoY
Qualifying Distributions
$160K
+21.1% YoY
Expenses
$230K
+7.4% YoY
About Friendship Train Foundation
Based on IRS filings
Friendship Train Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEPTUNE, NJ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $282K in total assets. In 2024, it made $160K in qualifying distributions. Net investment income was $3K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $281,612 | $273,830 | $273,014 |
| Revenue | $236,494 | $314,801 | $170,956 |
| Expenses | $229,954 | $214,194 | $225,455 |
| Qualifying Distributions | $159,811 | $131,977 | $119,296 |
| Net Investment Income | $2,719 | $114,444 | $4,037 |
| 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 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHEL MARKS | PRESIDENT | — | — |
| STEVEN TRESON | SECRETARY | — | $7,500 |
| AMIE TAYLOR | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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