Organizations Filed Purposes:
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 SOCIALLY RESPONSIBLE INVESTMENT MANAGEMENT, FIDUCIARY AND CHARITABLE GIVING SERVICES FOR TAX-EXEMPT QUAKER ORGANIZATIONS. INVESTMENTS ARE MADE ACCORDING TO OUR SOCIALLY RESPONSIBLE INVESTMENT CRITERIA, GUIDED BY FRIENDS TESTIMONIES AND VALUES. AS A NON-PROFIT, WE SEEK SIMPLY TO COVER OUR OWN COSTS AND WORK TO INCORPORATE ECONOMIES OF SCALE AND SOUND BUSINESS PRINCIPLES IN ALL OUR OPERATIONS.
SEE PAGE 2, PART III, LINE 1 FOR THE ORGANIZATION'S MISSION.
INVESTMENT MANAGEMENT SERVICES:FRIENDS FIDUCIARY CORPORATION PROVIDES PRUDENT, COST EFFECTIVE, INSTITUTIONAL INVESTMENT SERVICES FOR OVER 410 FRIENDS MEETINGS, CHURCHES, SCHOOLS AND ORGANIZATIONS. OUR SOCIALLY RESPONSIBLE INVESTMENT ACTIVITIES INCLUDE SCREENING COMPANIES, ACTIVE VOTING OF PROXIES AND SHAREHOLDER ADVOCACY, SUCH AS SHAREHOLDER RESOLUTIONS AND COMPANY DIALOGUES - ALL GUIDED BY OUR QUAKER TESTIMONIES, VALUES AND CONCERNS.
GRANTMAKING:FRIENDS FIDUCIARY CORPORATION SERVES AS FIDUCIARY/TRUSTEE FOR OVER 100 FUNDS RECEIVED UNDER WILL OR GIFT AGREEMENT. THESE FUNDS MAY BENEFIT SPECIFIC FRIENDS ORGANIZATIONS OR BE AVAILABLE FOR GRANTS TO FURTHER THE WORK OF FRIENDS. IN 2019, OVER 150 GRANTS WERE MADE TO ORGANIZATIONS. THESE GRANTS SUPPORTED THE WORK OF FRIENDS SCHOOLS, RETIREMENT COMMUNITIES, MEETINGS, AND OTHER CHARITABLE PURPOSES OF CONCERN TO THE RELIGIOUS SOCIETY OF FRIENDS.
PLANNED GIVING:FRIENDS FIDUCIARY CORPORATION PROVIDES PLANNED GIVING ADMINISTRATIVE SERVICES. FRIENDS FIDUCIARY CORPORATION HAS ISSUED 500 CHARITABLE GIFT ANNUITIES TO BENEFIT THE WORK OF QUAKER ORGANIZATIONS WITHIN THE RELIGIOUS SOCIETY OF FRIENDS AND THE CONCERNS OF ITS MEMBERS. IN 2019, GIFTS TOTALING OVER $1.6 MILLION WERE RECEIVED TO ESTABLISH OR ASSUME CHARITABLE GIFT ANNUITIES, WHICH WILL EVENTUALLY BENEFIT A VARIETY OF QUAKER ORGANIZATIONS WORKING IN AREAS OF EDUCATION, PEACE, SOCIAL JUSTICE AND OTHER CHARITABLE PURPOSES OF IMPORTANCE TO FRIENDS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Jeffery W Perkins | EXECUTIVE DIRECTOR | 40 | $202,027 |
| Richard Kent | CHIEF INVESTMENT OFFICER | 40 | $160,269 |
| Eston Griffin | DIR. OF BUSINESS DEV. & CONSTITUENT RELATIONS | 40 | $143,020 |
| Sandy Quinn | FINANCE DIRECTOR | 40 | $107,789 |
| Tom Wright | DIRECTOR | 2 | $0 |
| Amy Taylor Brooks | DIRECTOR | 2 | $0 |
| Christina Repoley | DIRECTOR | 2 | $0 |
| Daryl Renschler | DIRECTOR | 2 | $0 |
| Norval D Reece | DIRECTOR | 2 | $0 |
| Terry Nance | DIRECTOR | 2 | $0 |
| Mark Myers | DIRECTOR | 2 | $0 |
| Takashi Moriuchi | DIRECTOR | 2 | $0 |
| Bennett Lomax | DIRECTOR (UNTIL 9/9/19) | 2 | $0 |
| Daniel Isaacs | DIRECTOR | 2 | $0 |
| Robert Hayden Jr | DIRECTOR | 2 | $0 |
| Susan Haines Cunningham | DIRECTOR | 2 | $0 |
| Deborah Frazer | DIRECTOR (UNTIL 6/11/19 | 2 | $0 |
| Christie Duncan-Tessmer | DIRECTOR | 2 | $0 |
| Joan Countryman | DIRECTOR | 2 | $0 |
| Ginny Christensen | DIRECTOR (FROM 9/10/19) | 2 | $0 |
| Bruce Beaton | DIRECTOR | 2 | $0 |
| Samuel Allen | TREASURER (UNTIL 6/11/19) | 4 | $0 |
| Deborah Frazer | TREASURER (FROM 6/12/19) | 4 | $0 |
| Bruce E Hunt | SECRETARY | 4 | $0 |
| Ginny Christensen | VICE CHAIR (UNTIL 9/9/19) | 6 | $0 |
| Bennett Lomax | VICE CHAIR (FROM 9/10/19) | 6 | $0 |
| William Schmidt | CHAIRPERSON | 10 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202001769349300040_public.xml