Overview

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Est.

1877

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FRIENDS ACADEMY is an independent educational institution focused on elementary and secondary education, with a mission to operate a comprehensive learning environment. With an operating budget of $36.1 million and total revenue of $35.1 million for the filing year 2025, the organization is supported by major funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, DONOR ADVISED CHARITABLE GIVING INC, and NATIONAL PHILANTHROPIC TRUST. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.fa.org.

Mission Statement

TO OPERATE AN INDEPENDENT ELEMENTARY AND SECONDARY EDUCATIONAL INSTITUTION.
Revenues
$35.1M
Expenses
$38.8M
Net Income:
-$3.8M
Assets
$125.1M
Liabilities
$23.4M
Net Assets:
+$101.8M
Operating Budget
$36.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
22
Median grant size
$5K
Largest grant received
$302K
G
Gregory Jaske
Board Member
J
Jeannine Lostritto
Board Member
J
Joseph Podbela
Board Member

Frequently Asked Questions

What is FRIENDS ACADEMY’s budget?
In 2025, FRIENDS ACADEMY reported an annual operating budget of around $36.1 million. More detailed financial information is available to registered users.
What causes does FRIENDS ACADEMY support?
FRIENDS ACADEMY supports work in Elementary and secondary education.
Where does FRIENDS ACADEMY operate?
FRIENDS ACADEMY is headquartered in Locust Valley, NY.
Who funded FRIENDS ACADEMY recently?
In 2025, FRIENDS ACADEMY received grants from ELIZABETH & FRANK INGRASSIA FOUNDATION, Weigle Family Foundation, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS ACADEMY received in 2024?
The largest grant to FRIENDS ACADEMY in 2024 exceeds $302 thousand.
What is FRIENDS ACADEMY’s reliance on government grants?
FRIENDS ACADEMY relied on government grants for less than 5% of their total revenue in 2025.