NonprofitsFriends Development Fund Inc

Friends Development Fund Inc

OSKALOOSA, IA

Total revenue

$122K

Total expenses

$76K

Net assets

$1.6M

Grants received

$25K

1 grants

EIN

421122634

Tax year

2024

Mission

Invest permanent funds for the purpose of distributing earnings to various Friends exempt entities.

Programs

6 programs

Distributed to Camp Quaker Heights in Eldora, IA to supplement ministry work done there, as an off shoot of the Iowa Yearly Meeting of Friends.

Expenses: $6K

Distributed to Marshalltown Friends Church in Marshalltown, IA to supplement ministry work done there.

Expenses: $2K

Distributed to William Penn University in Oskaloosa, IA to supplement ministry work there, in connection with the Iowa Yearly Meeting of Friends.

Expenses: $442

Distributed to Oskaloosa Monthly Meeting of Friends, in Oskaloosa, IA to supplement ministry work there.

Expenses: $2K

Distributed to Honey Creek-New Providence Friends Church of New Providence, IA to supplement their missions programs, in connection with the Iowa Yearly Meeting of Friends.

Expenses: $197

Distributed to Grinnell Friends Church in Grinnell, IA to supplement ministry work there.

Expenses: $591

Financials

FY 2024

Revenue

Contributions & grants$89
Program service revenue
Investment income$122K
Other revenue
Total revenue$122K

Expenses

Grants paid$64K
Salaries & benefits
Fundraising
Other expenses$12K
Total expenses$76K
Total assets$1.6M
Net assets$1.6M

People

8 listed

NameRoleCompensation

Manuel Garcia

trustee

Board

0

Dennis Reece

trustee

Board

0

Nancy Parsons

trustee

Board

0

Mike Martin

trustee

Board

0

Hunter Fitch

trustee

Board

0

Isaac Good

Secretary (recorder)

Board

0

John Good

treasurer

Board

1 hrs/wk

Lloyd Stangland

President (Presider)

Board

0

Grants received

Showing 1 of 1

FromAmountPurposeYear
$25K
Youth playscape
2024

Funded by

$25K from 1 funder · 1 grant · 2024

United Way Of Mahaska County

$25K · 1 grant · 2024

Details

EIN421122634
Subsection03
Ruling date1979-07
Formed1979
Employees0
Volunteers8