Public Charity

FRIENDSHIP FOUNDATION INC

FRIENDSHIP FOUNDATION INC is a Public Charity headquartered in GLENDALE, AZ. Financial data from the 2024 filing: $509K revenue, $365K expenses, $6.9M total assets. 3 publicly reported grants to this organization, totaling roughly $24K, appear in IRS filings.

EIN: 860501985 GLENDALE, AZ Single Organization Support NTEE: P11 Latest filing: 2024
Total Revenue$509K
Total Expenses$365K
Total Assets$6.9M
Grant Records3
Funding Total$24K
Filing Years2019–2024

Mission

THE FOUNDATION PROVIDES DIRECT FINANCIAL ASSISTANCE TO RESIDENTS AND OFFERS TRANSPORTATION FOR COMMUNITY AND MEDICAL APPOINTMENTS. IT SUPPORTS PROGRAMS AND SERVICES BENEFITING MORE THAN 720 SENIORS. IN ADDITION, THE FOUNDATION RAISES FUNDS TO ENHANCE GLENCROFT'S COMMUNITY PROGRAMS AND CAPITAL PROJECTS. THE FOUNDATION ALSO ASSISTS EMPLOYEES OF FRIENDSHIP RETIREMENT CORPORATION WITH FINANCIAL ASSISTANCE AND SCHOLARSHIP SUPPORT.

Where $100 goes at Friendship Foundation Inc

How Friendship Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$84 Programs the work itself
$16 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 $84 for programs

$84
Glencroft currently serves more than 720 senior residents through independent living, assisted living, memory care, and skilled nursing programs
All program spending · Reported in the filing: 720 residents; 720 adults
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Brian Hollrah
CHAIR Cathy Eckstein
CFO (THRU 01/2024) Don May
DIRECTOR Dyan Bymark
DIRECTOR Floyd Whittaker
GOVERNANCE CHAIR Jacquelyn Smith Phd

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$13,500 2 grants
Health & Medicine
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $509K $365K $6.9M
2023 $813K $392K $6.3M
2022 $572K $350K $5.3M
2020 $462K $323K $5.6M
2019 $529K $625K $4.8M

Between 2019 and 2024, reported annual revenue declined from $529K to $509K (-4%), with total assets most recently reported at $6.9M.

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

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