Friends Fiduciary Corporation

This corporation is a tax-exempt, church-related, legally separate, Pennsylvania non-profit corporation whose sole mission is to provide services for Friends meetings, schools and other Friends organizations. Its main service, acting as either agent or trustee, is to provide discretionary investment of the funds placed in its care. Friends Fiduciary also holds “bare” legal title of real estate, where necessary, on behalf of some unincorporated Meetings, schools and burial grounds.

The corporation appoints the members of its board from a list of nominees presented by the Nominating Committee of Philadelphia Yearly Meeting.