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A Friends Foundation Trust is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 1964. The principal officer is Mltc. It holds total assets of $18.1M. Annual income is reported at $8.7M. Total assets have grown from $8.2M in 2011 to $17.4M in 2023. The foundation is governed by 5 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Florida, North Carolina and PR. According to available records, A Friends Foundation Trust has made 128 grants totaling $2.5M, with a median grant of $10K. Annual giving has decreased from $1.9M in 2022 to $592K in 2023. Individual grants have ranged from $2K to $200K, with an average award of $20K. The foundation has supported 50 unique organizations. The foundation primarily supports organizations in Florida, PR, North Carolina, which account for 77% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$15K
Largest Grant
$50K
Based on 48 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
A Friends Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 128 grants. Its grantmaking reaches organizations primarily in FL, PR, NC.
A Friends Foundation Trust has distributed a total of $2.5M across 128 grants. The median grant size is $10K, with an average of $20K. Individual grants have ranged from $2K to $200K.
Funds must be used for one of the following purposes: health, education, religion outh activities.
A Friends Foundation Trust is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $110K | $0 | $110K |
| Amy C Hubbard | PRESIDENT | $70K | $0 | $70K |
| Michael Hubbard | BD OF MGRS | $5K | $0 | $5K |
| L Evans Hubbard | CHAIRMAN BD OF MGRS | $0 | $0 | N/A |
| Linda C Hubbard | BD OF MGRS | $0 | $0 | N/A |
Total Giving
$826K
Total Assets
$17.4M
Fair Market Value
$20.2M
Net Worth
$17.4M
Grants Paid
$592K
Contributions
N/A
Net Investment Income
$728K
Distribution Amount
$930K
Total: $12.6M
Total Grants
128
Total Giving
$2.5M
Average Grant
$20K
Median Grant
$10K
Unique Recipients
50
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Orlando Science CenterGENERAL OPERATING | Orlando, FL | $100K | 2023 |
| Instituto Nueva EscuelaGENERAL OPERATING | San Juan, PR | $40K | 2023 |
| Palm Lake Elementary SchoolGENERAL OPERATING | Orlando, FL | $35K | 2023 |
| Highlands Biological FoundationGENERAL OPERATING | Highlands, NC | $25K | 2023 |
| Boys & Girls Club Of The PlateauGENERAL OPERATING | Cashiers, NC | $25K | 2023 |
| Boys And Girls Club Of Puerto RicoGENERAL OPERATING | San Juan, PR | $25K | 2023 |
| Good Shepherd EpiscopalGENERAL OPERATING | Cashiers, NC | $20K | 2023 |
| Warrior-Scholar ProjectGENERAL OPERATING | Washington, DC | $20K | 2023 |
| Clemson UniversityGENERAL OPERATING | Clemson, SC | $20K | 2023 |
| Robinson SchoolGENERAL OPERATING | San Juan, PR | $20K | 2023 |
| Cashiers-Highlands Humane SocietyGENERAL OPERATING | Cashiers, NC | $17K | 2023 |
| Edgewood Children'S Ranch IncGENERAL OPERATING | Orlando, FL | $17K | 2023 |
| Boys And Girls Clubs Of Central FloridaGENERAL OPERATING | Orlando, FL | $15K | 2023 |
| Multisensory Reading Centers Of PrGENERAL OPERATING | San Juan, PR | $15K | 2023 |
| Orlando Health Foundation IncGENERAL OPERATING | Orlando, FL | $15K | 2023 |
| Camp Boggy CreekGENERAL OPERATING | Eustis, FL | $15K | 2023 |
| Headstrong Project IncGENERAL OPERATING | West Haven, CT | $15K | 2023 |
| Central Florida Ymca Foundation IncGENERAL OPERATING | Orlando, FL | $12K | 2023 |
| Grace Medical HomeGENERAL OPERATING | Orlando, FL | $10K | 2023 |
| The Salvation ArmyGENERAL OPERATING | Alexandria, VA | $10K | 2023 |
| Cents Of ReliefGENERAL OPERATING | Orlando, FL | $10K | 2023 |
| The Village Green Of Cashiers IncGENERAL OPERATING | Cashiers, NC | $10K | 2023 |
| Junior AchievementGENERAL OPERATING | Orlando, FL | $10K | 2023 |
| Second Harvest Food BankGENERAL OPERATING | Orlando, FL | $10K | 2023 |
| Hanmpton Preschool & Early Learning CenterGENERAL OPERATING | Bishop, CA | $10K | 2023 |
| The Orlando Philharmonic OrchestraGENERAL OPERATING | Orlando, FL | $10K | 2023 |
| Central Florida Electric Education FdnGENERAL OPERATING | Chiefland, FL | $9K | 2023 |
| Summit Charter School IncGENERAL OPERATING | Rutherfordton, NC | $9K | 2023 |
| Albert Carlton Cashiers Public Library IncGENERAL OPERATING | Cashiers, NC | $8K | 2023 |
| The Lord'S PlaceGENERAL OPERATING | West Palm Beach, FL | $5K | 2023 |
| Central Florida Pediatric TherapyGENERAL OPERATING | Clermont, FL | $5K | 2023 |
| Glenville Cashiers Rescue Squad IncGENERAL OPERATING | Cashiers, NC | $5K | 2023 |
| Harvard Medical SchoolSCHOLARSHIPS | Boston, MA | $5K | 2023 |
| Bok Towers GardensGENERAL OPERATING | Lake Wales, FL | $5K | 2023 |
| Hope HealsGENERAL OPERATING | Atlanta, GA | $5K | 2023 |
| Society For The Treatment Of Abandoned AGENERAL OPERATING | Sunrise Beach, MO | $3K | 2023 |
| Philanthropy RoundtableGENERAL OPERATING | Washington, DC | $2K | 2023 |
| Summit Charter School Foundation IncGENERAL OPERATING | Cashiers, NC | $2K | 2023 |