Overview

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Est.

1987

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Friendship Foundation is a nonprofit organization dedicated to supporting friends by providing peace of mind, with a focus on foundations. For the 2024 filing year, it operates with an annual budget of $29.4 million and reported total revenue of $27.8 million, primarily funded by two unknown sources contributing a combined total of $24.6 million, indicating a significant reliance on major funders. More information can be found on their website at www.friendship.us.

Mission Statement

SUPPORTING FRIENDS BY PROVIDING PEACE OF MIND
Revenues
$27.8M
Expenses
$29.5M
Net Income:
-$1.8M
Assets
$103.4M
Liabilities
$95.8M
Net Assets:
+$7.6M
Operating Budget
$29.4M
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
1
Median grant size
$3.6M
Largest grant received
$3.6M
L
Lucian Y Grove Jr
Board Member
C
Cynda a Johnson
Board Member
R
Robert H Sandel
Board Member

Frequently Asked Questions

What is FRIENDSHIP FOUNDATION’s budget?
In 2024, FRIENDSHIP FOUNDATION reported an annual operating budget of around $29.4 million. More detailed financial information is available to registered users.
What causes does FRIENDSHIP FOUNDATION support?
FRIENDSHIP FOUNDATION supports work in Foundations.
Where does FRIENDSHIP FOUNDATION operate?
FRIENDSHIP FOUNDATION is headquartered in Roanoke, VA.
Who funded FRIENDSHIP FOUNDATION recently?
In 2016, FRIENDSHIP FOUNDATION received grants from FRIENDSHIP HEALTH AND REHAB CENTER INC and Charity Bridge Fund. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDSHIP FOUNDATION received in 2016?
The largest grant to FRIENDSHIP FOUNDATION in 2016 exceeds $3.6 million.