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Friend Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2005. The principal officer is Howard Friend. It holds total assets of $10K. Annual income is reported at $271K. Total assets have decreased from $569K in 2011 to $31K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Friend Family Foundation has made 8 grants totaling $374K, with a median grant of $33K. Annual giving has grown from $89K in 2020 to $115K in 2022. Grantmaking activity was highest in 2021 with $170K distributed across 2 grants. Individual grants have ranged from $10K to $145K, with an average award of $47K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in New York and Illinois and Minnesota. Contributions to this foundation are tax-deductible.
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.
Friend Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY, IL, MN.
Friend Family Foundation has distributed a total of $374K across 8 grants. The median grant size is $33K, with an average of $47K. Individual grants have ranged from $10K to $145K.
Friend Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Friend Family Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Loren Friend | VP / TREAS / DIRECTOR | $0 | $0 | N/A |
| Barrie Friend | DIRECTOR, AS REQUIRED | $0 | $0 | N/A |
| Charles Friend | DIRECTOR, AS REQUIRED | $0 | $0 | N/A |
| Howard Friend | PRES / SEC'Y / DIRECTOR | $0 | $0 | N/A |
Total Giving
$165K
Total Assets
$31K
Fair Market Value
$155K
Net Worth
$31K
Grants Paid
$163K
Contributions
$38K
Net Investment Income
$138K
Distribution Amount
$3K
Total Grants
8
Total Giving
$374K
Average Grant
$47K
Median Grant
$33K
Unique Recipients
6
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Us Holocaust MuseumGENERAL FUND | Highland Park, IL | $50K | 2022 |
| Mayo ClinicGENERAL FUND | Rochester, MN | $40K | 2022 |
| Jcc ChicagoGENERAL FUND | Chicago, IL | $15K | 2022 |
| Am ShalomGENERAL FUND | Glencoe, IL | $10K | 2022 |
| American Jewish Jt Dist CommitteeADVANCEMENT OF JEWISH LIFE ACROSS THE GLOBE | New York, NY | $145K | 2021 |
| Us Holocaust Memorial MuseumMISSION TO ADVANCE & | Highland Park, IL | $25K | 2020 |