Friends for Neighborhood Progress

FREDERICK, MD EIN: 52-1036628 Website

TO PROMOTE AND ADVANCE THE WELFARE OF THE RESIDENTS OF FREDERICK COUNTY, MARYLAND.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$531K

-55.9% YoY

Annual Giving

$372K

Grant Count

1

Avg Grant Size

$372K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$212K$424K$636K$848K20202021202220232024
Metric202420232022
Total Assets$531,030$1,203,584$1,273,740
Revenue$105,045$285,394$337,804
Expenses$771,303$363,540$332,068
Qualifying Distributions
Net Investment Income$-1,774$-2,198$520
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$93K$186K$279K$372K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THE CITY OF FREDERICK MA…$372K

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Friends for Neighborhood Progress fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MICHELLE PETERSENEXECUTIVE DIRECTOR$43K

From 2024 filing

NameTitleHoursCompensation
CHRISTINE BICKLEDIRECTOR1
DR JACQUELINE BADRODIRECTOR1
BECKY WELLSBOARD CO-CHAIR1
ANNETTE PERKINSDIRECTOR1
CAROL MACKTREASURER1
RON YOUNGDIRECTOR1
LAWRENCE COSTELLODIRECTOR1
DONNA FOXDIRECTOR1
MICHELLE PETERSENEXECUTIVE DIRECTOR40$42,730

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Frederick

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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