Friend Foundation

Organization Overview

Friend Foundation is located in Grain Valley, MO. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friend Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Friend Foundation generated $55.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $31.1k during the year ending 12/2021. While expenses have increased by 13.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MAINTAINS A TIME SHARE PROPERTY FOR DIRECT USE BY BENEFICIARIES OF THE FOUNDATION EXPENSES INCURRED TO MAINTAIN PROPERTY ARE INTEREST


DIRECT FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $55,948
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $55,948

Grants Awarded

Over the last fiscal year, Friend Foundation has awarded $3,204 in support to 10 organizations.

Grant RecipientAmount

LEXI WADDEL

PURPOSE: LEGAL FEES

$1,000

AMY BENNETT

PURPOSE: SCHOLARSHIP AND FINANCIAL ASSISTANCE

$819

MISSIONARY RESTORATION BRANCH

PURPOSE: MISSIONARY SCHOLARSHIP

$360

THE HALL FAMILY

PURPOSE: FINANCIAL ASSISTANCE

$300

THE GONZALES FAMILY

PURPOSE: FOOD, HOUSE SUPPLIES AND REPAIRS

$242

OAK GROVE NURSING HOME

PURPOSE: HOME MEDICAL

$131
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