Private foundation
A FRIENDS FOUNDATION TRUST
PENNINGTON, NJEIN
Can I apply?
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
- How to apply
- Deadlines
Private foundation
PENNINGTON, NJEIN
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
Application policy: Accepts applications, as stated on the FY2025 return.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990-PF | $3,009,707 | $1,104,146 | $974,137 | $20,091,192 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 37% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| PALM LAKE ELEMENTARY SCHOOLORLANDO, FL | GENERAL OPERATING | $34,600 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Hubbard | BD OF MGRS | 2 | $5,000 |
| Amy C Hubbard | PRESIDENT | 2 | $23,598 |
| Linda C Hubbard | BD OF MGRS | 2 | $1,118 |
| L Evans Hubbard | CHAIRMAN BD OF MGRS |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| $20,091,192 |
| FY2023 | 990-PF | $788,321 | $826,097 | $765,309 | $17,447,105 | $17,447,105 |
| FY2022 | 990-PF | $1,188,260 | $1,241,425 | $1,134,290 | $17,518,095 | $17,518,095 |
| FY2021 | 990-PF | $2,371,199 | $937,109 | $873,322 | $17,581,627 | $17,581,627 |
| FY2020 | 990-PF | $299,768 | $892,068 | $834,437 | $16,105,044 | $16,105,044 |
| UNRESTRICTED GENERAL |
| $32,000 |
| 2025 |
| ROBINSON SCHOOLSAN JUAN, PR | GENERAL OPERATING | $31,000 | 2022 |
| CLEMSON UNIVERSITYCLEMSON, SC | UNRESTRICTED GENERAL | $30,000 | 2025 |
| CLEMSON UNIVERSITYCLEMSON, SC | GENERAL OPERATING | $30,000 | 2020 |
| YMCA OF CENTRAL FLORIDACENTRAL, FL | GENERAL OPERATING | $30,000 | 2021 |
| THE SALVATION ARMYATLANTA, GA | GENERAL OPERATING | $30,000 | 2020 |
| BOYS AND GIRLS CLUBS OFORLANDO, FL | GENERAL OPERATING | $30,000 | 2021 |
| THE SALVATION ARMY NATIONAL CORPALEXANDRIA, VA | GENERAL OPERATING | $28,699 | 2020 |
| FISHER HOUSE FOUNDATION INCROCKVILLE, MD | UNRESTRICTED GENERAL | $25,000 | 2025 |
| FLORIDA SHERIFFS YOUTH RANCHES INCLIVE OAK, FL | GENERAL OPERATING | $25,000 | 2022 |
| ROBINSON SCHOOLSAN JUAN, PR | GENERAL OPERATING | $25,000 | 2020 |
| BOYS AND GIRLS CLUB OF PUERTO RICOSAN JUAN, PR | GENERAL OPERATING | $25,000 | 2023 |
| ORLANDO SCIENCE CENTERORLANDO, FL | UNRESTRICTED GENERAL | $25,000 | 2025 |
| HIGHLANDS BIOLOGICAL FOUNDATIONHighlands, NC | UNRESTRICTED GENERAL | $25,000 | 2025 |
| HIGHLANDS BIOLOGICAL FOUNDATIONHighlands, NC | GENERAL OPERATING | $25,000 | 2023 |
| THE ORLANDO PHILHARMONIC ORCHESTRAORLANDO, FL | GENERAL OPERATING | $25,000 | 2022 |
| ST MICHAEL'S EPISCOPALMILTON, MA | GENERAL OPERATING PURPOSES | $25,000 | 2020 |
| THE SALVATION ARMY NATIONAL CORPALEXANDRIA, VA | GENERAL OPERATING | $25,000 | 2021 |
| BOYS & GIRLS CLUB OF THE PLATEAUCASHIERS, NC | GENERAL OPERATING | $25,000 | 2023 |
| THE SALVATION ARMYALEXANDRIA, VA | GENERAL OPERATING | $25,000 | 2022 |
| JUNIOR ACHIEVEMENTORLANDO, FL | GENERAL OPERATING | $25,000 | 2021 |
| BOYS & GIRLS CLUB OF THE PLATEAUCASHIERS, NC | UNRESTRICTED GENERAL | $25,000 | 2025 |
| ORLANDO HEALTH FOUNDATIONORLANDO, FL | GENERAL OPERATING | $25,000 | 2020 |
| CONPRMETIDOSSAN JUAN, PR | GENERAL OPERATING | $25,000 | 2022 |
| 2 |
| $6,953 |
| Bank Of America N A | TRUSTEE | 2 | $122,791 |
| Ben Stewart | BD OF MGRS | 2 | $5,000 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.