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Filing year 2024

Friends Fiduciary Corporation

Philadelphia, Pennsylvania·EIN 23-1968136·NTEE W60Z · Public & Societal Benefit·3
Total revenue
$6.6M
Total assets
$743.3M
Total expenses
$6.3M
Reported officers
26
Mission

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.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

Chief Investment Officer
highest compensated employee
$202k
$217k
Base
$190k
Bonus
Other
Benefits
$229
Dir of Bus Dev & Constiuent Re
highest compensated employee
$195k
$210k
Base
$183k
Bonus
Other
Benefits
$1k
Executive Director Eff 4/24
$195k
$210k
Base
$187k
Bonus
Other
Benefits
$7k
Controller
officer (unspecified)
$176k
$189k
Base
$156k
Bonus
Other
Benefits
$11k
Executive Director Term 3/24
$86k
$92k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Public & Societal Benefit

Down 32%
from 2023

From $298k in 2023 to $202k in 2024.

$298k
2023
$202k
2024
In today's dollarsEst.
Down 35% in real terms$332k to $217k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Friends Fiduciary Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.4M
$5.8M
2023
$6.6M
$6.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Public & Societal Benefit executives earn

Comparable public & societal benefit organizations nationwide pay their highest-earning executive a median of $76,607.

25th percentile
$29k
Median
$76,607
75th percentile
$157k
90th percentile
$280k

These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 641 organizations across 641 filings (2021 – 2023).

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