Public & Societal Benefit
Friends Fiduciary Corporation
PHILADELPHIA, PA
Total revenue
$6.6M
Total expenses
$6.3M
Net assets
$20.3M
Grants received
$252K
14 grants
EIN
231968136
Tax year
2024
Mission
Relying on Quaker testimonies and values, Friends Fiduciary provides prudent, cost-effective investment management and philanthropic services for Friends organizations.
Programs
2 programs
Grantmaking: friends fiduciary corporation serves as fiduciary/trustee for over 100 funds received under will or gift agreement. These funds may benefit specific friends organizations or be available for grants to further the work of friends. In 2024, over 120 grants were made to charities. These grants supported the work of friends schools, retirement communities, meetings, and other charitable purposes of concern to the religious society of friends.
Planned giving: friends fiduciary corporation provides planned giving administrative services. Friends fiduciary corporation has issued approximately 500 charitable gift annuities to benefit the work of quaker organizations within the religious society of friends and the concerns of its members. In 2024, gifts totaling approximately $2.2 million were received to establish charitable gift annuities, which will eventually benefit a variety of quaker organizations working in areas of education, peace, social justice and other charitable purposes of importance to friends.
Financials
FY 2024
Revenue
Expenses
People
26 listed
ETHAN BIRCHARD
EXECUTIVE DIRECTOR EFF 4/24
$187K
40 hrs/wk
SANDY QUINN
CONTROLLER
$156K
40 hrs/wk
JEFFERY W PERKINS
EXECUTIVE DIRECTOR TERM 3/24
$81K
40 hrs/wk
JOAN COUNTRYMAN
SECRETARY TERM 12/24
—
2 hrs/wk
BRUCE BEATON
TREASURER
—
2 hrs/wk
BETH HENRICKS
DIRECTOR
—
2 hrs/wk
CARL BUTLER
DIRECTOR
—
2 hrs/wk
DANIEL ISAACS
DIRECTOR
—
2 hrs/wk
DOUG COSTA
DIRECTOR
—
2 hrs/wk
ELIZABETH WIDDICOMBE
DIRECTOR
—
2 hrs/wk
JOHN HELDING
DIRECTOR
—
2 hrs/wk
JONATHAN BROWN
DIRECTOR EFF 9/24
—
2 hrs/wk
MARGARET PLANK
DIRECTOR EFF 9/24
—
2 hrs/wk
MARK MYERS
DIRECTOR
—
2 hrs/wk
MICHAEL HOMANS
DIRECTOR EFF 9/24
—
2 hrs/wk
ROBERT HAYDEN JR
DIRECTOR
—
2 hrs/wk
TAKASHI MORIUCHI
DIRECTOR
—
2 hrs/wk
TERRY NANCE
DIRECTOR
—
2 hrs/wk
TOM WRIGHT
DIRECTOR
—
2 hrs/wk
TOMMY WRENN
DIRECTOR
—
2 hrs/wk
BENNETT LOMAX
DIR EFF 10/24; CHAIR TERM 9/24
—
10 hrs/wk
CHRISTIE DUNCAN-TESSMER
CHAIR EF 10/24;V-CHAIR TM 9/24
—
10 hrs/wk
STANLEY PELLI
VICE CHAIR
—
6 hrs/wk
CHRISTINA REPOLEY
SEC EFF 12/24; DIR TERM 12/24
—
6 hrs/wk
RICHARD KENT
CHIEF INVESTMENT OFFICER
$190K
40 hrs/wk
ESTON GRIFFIN
DIR OF BUS DEV & CONSTIUENT RE
$183K
40 hrs/wk
Independent contractors
CHEETAH INC
BACK OFFICE ACCTG
BOSTON COMMON ASSET MANAGEMENT LLC
INVESTMENT MGMT
BOSTON TRUST INVESTMENT MANAGEMEN
INVESTMENT MGMT
KAYNE ANDERSON RUDNICK INV MGMT LLC
INVESTMENT MGMT
CROSSMARK GLOBAL HOLDINGS INC
INVESTMENT MGMT
Grants received
Showing 14 of 14
Funded by
$252K from 4 funders · 14 grants · 2018–2024
$170K · 1 grant · 2020
$46K · 7 grants · 2018–2023
$33K · 3 grants · 2019–2022
$3K · 3 grants · 2022–2024