I agree with Sniper, looks like yellow sponge. If your friend would like to keep it, I would tell him to shelter it from the light somehow. They typically grow under the rocks, and under overhangs. The majority of sponges are non-photosynthetic, and grow in areas of really subdued light, they are filter feeders.
With mushrooms, no extra feeding is necessary. Light and what they can pull from the water is sufficient.