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Filing year 2024

Friends Fiduciary Corporation

Philadelphia, Pennsylvania·EIN 23-1968136·NTEE W60Z · Public & Societal Benefit·501(c)(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 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Chief Investment Officer
Highest Compensated Employee
Median to 75th percentile
$202k
$217k
Base
$190k
Bonus
Other
Benefits
$229
Dir of Bus Dev & Constiuent Re
Highest Compensated Employee
Median to 75th percentile
$195k
$210k
Base
$183k
Bonus
Other
Benefits
$1k
Executive Director Eff 4/24
75th to 90th percentilevs Public & Societal Benefit peers in Pennsylvania
$195k
$210k
Base
$187k
Bonus
Other
Benefits
$7k
Controller
Median to 75th percentile
$176k
$189k
Base
$156k
Bonus
Other
Benefits
$11k
Executive Director Term 3/24
25th percentile to medianvs Public & Societal Benefit peers in Pennsylvania
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Friends Fiduciary Corporation equaled 3% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
3%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Highest Compensated Employee pay rose 4% from 2023 to 2024, while revenue rose 4%.

$195k in 2023 to $202k in 2024.
  • Chief Executive Officer pay fell 35% from 2023 to 2024.
  • Controller pay rose 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Friends Fiduciary Corporation

What does the Highest Compensated Employee of Friends Fiduciary Corporation earn?

In 2024, the Highest Compensated Employee of Friends Fiduciary Corporation received $201,925 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Public & Societal Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Friends Fiduciary Corporation compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Highest Compensated Employee at Friends Fiduciary Corporation falls between the median and the 75th percentile. In 2024, the highest total compensation at Friends Fiduciary Corporation equaled 3% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are Friends Fiduciary Corporation's revenue and expenses?

In 2024, Friends Fiduciary Corporation reported $6.6M in total revenue and $6.3M in total expenses on its IRS Form 990.

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