FRIENDS FIDUCIARY CORPORATION Charity Report

Public IRS 990 nonprofit record

FRIENDS FIDUCIARY CORPORATION

EIN 23-1968136 · Public & Societal Benefit (W60Z)

What they do

WITHIN THE RELIGIOUS SOCIETY of FRIENDS ARE MANY ORGANIZATIONS REQUIRING FINANCIAL SERVICES to SUPPORT THEIR WORK. AMONG THESE ORGANIZATIONS ARE FRIENDS MEETINGS, CHURCHES, SCHOOLS, RETIREMENT COMMUNITIES and OTHER NON-PROFIT FRIENDS GROUPS WHOSE PURPOSE is to ADVANCE SOME ASPECT of THE WORK and FAITH of THE RELIGIOUS SOCIETY of FRIENDS. FRIENDS FIDUCIARY CORPORATION WAS CREATED to MEET THIS NEED. MORE SPECIFICALLY, THE PURPOSES of FRIENDS FIDUCIARY CORPORATION ARE to PROVIDE QUAKER VALUES ALIGNED INVESTMENT MANAGEMENT, FIDUCIARY and CHARITABLE GIVING SERVICES for TAX-EXEMPT QUAKER ORGANIZATIONS. INVESTMENTS ARE MADE ACCORDING to OUR QUAKER VALUES ALIGNED INVESTMENT CRITERIA, GUIDED BY FRIENDS TESTIMONIES and VALUES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.95%of revenue went to mission work91.4% of expenses · Program services

$94.00spent for every $100 of revenueRevenue covered expenses this year.

8.05%of revenue went to management and office costs8.6% of expenses

$121.25in assets for every $1 spent this yearSome assets cannot be spent right away.

10.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $345,315 for ETHAN BIRCHARD (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,266,468

Mission workProgram services$6,245,60385.95% of revenue91.4% of expenses

ManagementOffice and general costs$584,9458.05% of revenue8.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$435,9206.00% of revenueShown in gray on the chart

Total expenses$6,830,54894.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 91.4% mission · 8.6% management · 0.0% fundraisingTotal expenses: 94.00% of revenue

2024Expense mix: 94.8% mission · 5.2% management · 0.0% fundraisingTotal expenses: 95.38% of revenue

2023Expense mix: 92.7% mission · 7.3% management · 0.0% fundraisingTotal expenses: 90.36% of revenue

2022Expense mix: 92.1% mission · 7.9% management · 0.0% fundraisingTotal expenses: 99.82% of revenue

2021Expense mix: 95.0% mission · 5.0% management · 0.0% fundraisingTotal expenses: 103.26% of revenue

2020Expense mix: 95.4% mission · 4.6% management · 0.0% fundraisingTotal expenses: 100.44% of revenue

2019Expense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 92.40% of revenue

2018Expense mix: 95.1% mission · 4.9% management · 0.0% fundraisingTotal expenses: 73.65% of revenue

Money in and money out

Revenue$7,266,468

Expenses$6,830,548

Annual surplus $435,920 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,245,603 · 91.4% of expenses

Management and office costs$584,945 · 8.6% of expenses

See all reported dollar amounts

Revenue$7,266,468

Expenses$6,830,548

Assets$828,171,905

Income$7,646,886

Contributions$749,436

Mission work (program services)$6,245,603

Grants given$7,786,801

Average grant$22,185

Management and general$584,945

Executive compensation (total)$358,912

Stocks and bonds$798,359,346

Accounting fees$91,103

Investing fees$2,491,040

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ETHAN BIRCHARDEXECUTIVE DIRECTOR · 40 hrs/week $345,315Base $322,923 · Other $22,392

RICHARD KENTCHIEF INVESTMENT OFFICER · 40 hrs/week $210,064Base $197,967 · Other $12,097

ESTON GRIFFINDIR OF BUS DEV & CONSTIUENT RE · 40 hrs/week $203,221Base $189,874 · Other $13,347

SANDY QUINNCONTROLLER · 40 hrs/week $194,357Base $161,825 · Other $32,532

MIMI BLACKWELLDR OF BUS DEV & CONST RELATION · 40 hrs/week $148,085Base $112,853 · Other $35,232

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

ETHAN BIRCHARDEXECUTIVE DIRECTOR

RICHARD KENTCHIEF INVESTMENT OFFICER

ESTON GRIFFINDIR OF BUS DEV & CONSTIUENT RE

SANDY QUINNCONTROLLER

MIMI BLACKWELLDR OF BUS DEV & CONST RELATION

JONATHAN BROWNDIRECTOR

TOMMY WRENNDIRECTOR; VICE CHAIR EFF 03/25

TOM WRIGHTDIRECTOR

TERRY NANCEDIRECTOR

TAKASHI MORIUCHIDIRECTOR

STANLEY PELLIVICE CHAIR

ROBERT HAYDEN JRDIRECTOR TIL 09/25

MORGAN HARTINGDIRECTOR EFF 09/25

MICHAEL HOMANSDIRECTOR

MARK MYERSDIRECTOR

MARGARET PLANKDIRECTOR

BENNETT LOMAXDIRECTOR TIL 9/25

JOHN HELDINGDIRECTOR

ELIZABETH WIDDICOMBEDIRECTOR; SECRETARY EFF 09/25

DOUG COSTADIRECTOR

DIANA YANEZDIRECTOR EFF 09/25

DANIEL ISAACSDIRECTOR TIL 09/25

CHRISTINA REPOLEYSECRETARY/DIRECTOR TIL 09/25

CHRISTIE DUNCAN-TESSMERCHAIRPERSON

CARL BUTLERDIRECTOR

BRUCE BEATONTREASURER TIL 09/25; DIRECTOR

BETH HENRICKSDIRECTOR; TREASURER EFF 09/25

About this charity

Recognized since: January 1976
Location: 1700 MARKET ST STE 1535, PHILADELPHIA, PA 19103-3917
County: Philadelphia
In care of: % EXECUTIVE DIRECTOR
Primary officer: ETHAN BIRCHARD, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@friendsfiduciary.org Phone(215) 241-7272

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: WITHUMSMITHBROWN PC
NTEE classification: Public & Societal Benefit (W60Z)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes