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Dr & Mrs John Faber Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is Foundation Source. It holds total assets of $42K. Annual income is reported at $48K. Total assets have decreased from $94K in 2011 to $48K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Tennessee and Minnesota. According to available records, Dr & Mrs John Faber Family Foundation has made 23 grants totaling $36K, with a median grant of $2K. The foundation has distributed between $8K and $20K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $20K distributed across 12 grants. Individual grants have ranged from $500 to $3K, with an average award of $2K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Tennessee and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$3K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Dr & Mrs John Faber Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in TN, MN.
Dr & Mrs John Faber Family Foundation has distributed a total of $36K across 23 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $3K.
Dr & Mrs John Faber Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dr & Mrs John Faber Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeanne K Faber | Dir, VP | $0 | $0 | N/A |
| John W Faber | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$48K
Fair Market Value
$56K
Net Worth
$48K
Grants Paid
$8K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$3K
Total Grants
23
Total Giving
$36K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| West Park Baptist ChurchGeneral & Unrestricted | Knoxville, TN | $3K | 2023 |
| Mayo ClinicGeneral & Unrestricted | Rochester, MN | $2K | 2023 |
| Planting Churches MinistriesGeneral & Unrestricted | Friendsville, TN | $2K | 2023 |
| Karns Volunteer Fire DepartmentGeneral & Unrestricted | Knoxville, TN | $1K | 2023 |
| Two Step Revolution IncGeneral & Unrestricted | Knoxville, TN | $500 | 2021 |