Philip R Friend Foundation

Foundation · Grantmaker POTOMAC, MD EIN: 23-7004492

Philip R Friend Foundation is a private foundation, based in POTOMAC, MD. IRS filing data is available from 2020 through 2021. In 2021, it made $995 in qualifying distributions.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Revenue

Qualifying Distributions

$995

Expenses

$995

Under IRS private-foundation payout rules, Philip R Friend Foundation reported a distributable amount of $49 for 2021 — the minimum it must pay out in qualifying distributions.

About Philip R Friend Foundation

Based on IRS filings

Philip R Friend Foundation is a private foundation, based in POTOMAC, MD. IRS filing data is available from 2020 through 2021. In 2021, it made $995 in qualifying distributions.

Your AI grants department

Ready to take the next step with Philip R Friend Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$273.625$547.25$820.875$1K20202021
Metric20212020
Total Assets$995
Revenue
Expenses$995
Qualifying Distributions$995
Net Investment Income
Distributable Amount$49$49

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2021

Grant Size Distribution

0 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2021.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
Lawrence A Friend TrusteeTrustee1

Frequently Asked Questions

How much is Philip R Friend Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Philip R Friend Foundation reported a distributable amount of $49 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Philip R Friend Foundation's EIN?

Philip R Friend Foundation's EIN (Employer Identification Number) is 23-7004492. IRS Form 990 filing data is available on this page for 2020–2021.

Explore Open Grants

Browse active grant opportunities in Philip R Friend Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Maryland

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

Your AI grants department

Here's the math on researching Philip R Friend Foundation by hand.