Virginia · Nonprofit
FRIENDSHIP FOUNDATION
FRIENDSHIP FOUNDATION (Virginia) receives grants from 2 organizations whose IRS filings report $29,500 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($24,500). 0 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $45M
- Funders on record
- 2
- Grants received
- $30k
- Net assets
- $13M
What Friendship Foundation does
Mission
Supporting friends by providing peace of mind
As stated on its FY2025 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
Friendship Foundation is now the sole member of friendship ridgecrest, which is recognized as a disregarded entity for tax purposes. Program service activity from friendship ridgecrest is now being reported on the Friendship Foundation tax return and has resulted in significant program service undertakings that were not listed on the prior form 990. Schedule a has been updated accordingly.
Its own explanation, from Schedule O of that return (Part III, line 2).
The corporation collects grants & contributions to cover its costs and contributions to distribute to other nonprofit organizations.
$174,830 spentof which $271,643 as grants$419,621 earned by the program1% of program spendingFriendship salem terrace operated a 79 bed assisted living facility, with an occupancy rate of 86.54% for the fiscal year. The facility had census days of 68.36 with an additional 9.68 second occupants. The organization maintains twenty four hour nursing staff. Services that the staff provide are offered in four different levels. These services include assistance with taking medicine, bathing and/or grooming, and 24 hour nursing supervision. In addition to nursing services, the organization also maintains a dietary staff in order to provide three nutritious meals.
$4,711,558 spent$4,174,604 earned by the program16% of program spendingFriendship rl, llc ("frl") was formed in october 2023 as part of the acquisition of richfield living, llc. Frl is owned by Friendship Foundation and has multiple accounting entities under their employer identification number ("ein"). Entities under the frl ein number includes richfield health center ("rhc"), richfield living independent living ("rl il"), the joseph c. Thomas center ("jct"), the oaks ("oaks"), the professional building ("prof"), the daugherty road building ("dr"), and town center ("tc"). Rhc consists of a 112-bed skilled nursing facility. Rl il furnishes independent living accommodations across four buildings on their campus. Jct and oaks primarily provide assisted living accommodations. Prof is a commercial real estate building that houses two professional tenants and collects rental income monthly. Tc is composed of a community center with restaurants, a chapel, and hosts various activities for the related frl entities. Lastly, dr is mainly a storage facility that houses the building inventory acquired during the richfield living acquisition.the facilities had an occupancy rate of the following: rhc - 95%, jct: 78.62%, oaks: 76.61%, and rlil - 96.69%friendship…
$25,116,859 spent$30,869,440 earned by the program84% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $30,003,247.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $31M to $103M (+237%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
12% of FRIENDSHIP FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (80% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Robert C Lawson
Chairman
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2017 and FY2018 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FRIENDSHIP FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FRIENDSHIP FOUNDATION leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDSHIP FOUNDATION.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
83% of FRIENDSHIP FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $5k that is directly attributable, 100% of it comes from Virginia funders.
Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FRIENDSHIP FOUNDATION has grown faster than three-quarters of the 452 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 452 philanthropy nonprofits $10M–$100M, FY2025
Organizations like FRIENDSHIP FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 14 related entities
- Friendship Salem Terrace · disregarded
- Friendship Richfield Living · disregarded
- Friendship Ridgecrest LLC · disregarded
- Friendship Health and Rehab Center Inc · exempt
- Friendship Apartment Village Corp · exempt
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDSHIP FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FRIENDSHIP FOUNDATION?
- FRIENDSHIP FOUNDATION (Virginia) receives grants from 2 organizations whose IRS filings report $29,500 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($24,500). 0 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does FRIENDSHIP FOUNDATION have?
- IRS filings report 2 organizations giving $29,500 in grants to FRIENDSHIP FOUNDATION.
- Who is the largest funder of FRIENDSHIP FOUNDATION?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $24,500 in grants. The full list of funders is on this page.
- How can an organization like FRIENDSHIP FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing