Public Charity

FRIENDSHIP FOUNDATION

FRIENDSHIP FOUNDATION, of ROANOKE, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $45.0M in revenue, $39.7M in expenses, $111.1M in total assets. IRS filings disclose 20 grants awarded by this foundation, totaling roughly $138K.

EIN: 541427948 ROANOKE, VA Private Independent Foundations NTEE: T22 Latest filing: 2025
Total Revenue$45.0M
Total Expenses$39.7M
Total Assets$111.1M
Grants Given20
Grant Total$138K
Filing Years2021–2025

Mission

SUPPORTING FRIENDS BY PROVIDING PEACE OF MIND

Where $100 goes at Friendship Foundation

How Friendship Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$64
Friendship rl, LLC ("frl") was formed in october 2023 as part of the acquisition of richfield living, LLC
84% of program spending
$12
Friendship salem terrace operated a 79 bed assisted living facility, with an occupancy rate of 86.54% for the fiscal year
16% of program spending
<$1
The corporation collects grants & contributions to cover its costs and contributions to distribute to other nonprofit organizations
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

ROANOKE, VA · 2024
CONTRIBUTION FOR CANCER RESEARCH
$20,000
ROANOKE, VA · 2021
CONTRIBUTION FOR EMERGENCY ASSISTANCE FUND AND FUNDRAISING POOL
$5,000
ROANOKE, VA · 2020
CONTRIBUTION FOR ENDOWMENT FUND
$10,000
ROANOKE, VA · 2020
CONTRIBUTION FOR ENDOWMENT FUND
$10,000
DALLAS, TX · 2020
CONTRIBUTION FOR GENERAL SUPPORT
$7,500

Showing up to 5 of 20 total records — full history available with membership.

Officers & Directors

VP HUMAN RESOURCES & COMPL Angela Hughes
VICE PRESIDENT OF OPERATIONS - RICHFIELD Benjamin Higgins
VICE PRESIDENT OF OPERATIONS Brandon Evans
BOARD SECRETARY Cindy Mitchell
CFO C Michael Shannon
DIRECTOR Dr Cynda A Johnson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$54,000 7 grants
General Support
$47,000 6 grants
Fundraising & Sponsorship
$15,000 3 grants
Arts & Culture
$11,580 2 grants
Research & Policy
$10,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $45.0M $39.7M $111.1M
2024 $27.8M $29.5M $103.4M
2023 $12.0M $5.6M $30.7M
2022 $1.1M $131K $6.7M
2021 $1.4M $1.4M $4.5M

Between 2021 and 2025, reported annual revenue grew from $1.4M to $45.0M (+3148%), with total assets most recently reported at $111.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in GA, TX, VA.

GATXVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for FRIENDSHIP FOUNDATION

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