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Within the Religious Society of Friends are many organizations needing financial services to support their work. Among these organizations are Friends meetings, Friends schools, and other non-profit Friends groups whose purpose is to advance some aspect of the work of the Religious Society of Friends. Friends Fiduciary was created to meet this need.
Friends Fiduciary Corporation is an independent, not-for-profit Pennsylvania corporation. Its overall purpose is to provide specific financial services of a high quality, on a cost effective basis, to the Friends organizations it seeks to serve. It is managed by a board of directors, all of whom are also members of the Religious Society of Friends.
More specifically, the purposes of Friends Fiduciary Corporation are:
1. To provide socially responsible investment management services for tax-exempt Quaker organizations;
2. To serve as trustee for the benefit of tax-exempt Quaker organizations, and to make grants of income or principal from certain of these trusts;
3. To make grants of income or principal from certain funds, formerly owned by Quaker non-profit corporations and trusts, now owned by Friends Fiduciary Corporation.
4. To provide planned giving services for the benefit of tax-exempt Quaker organizations.
Friends Fiduciary seeks to do its work with Divine guidance, and in a manner consistent with the principles and practices of the Religious Society of Friends.
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Friends Fiduciary Corporation. 1515 Cherry Street. Philadelphia, PA 19102
