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Fab-Steel Products Foundation Inc. is a private corporation based in CLOVIS, NM. The foundation received its IRS ruling in 1987. It holds total assets of $313K. Annual income is reported at $76K. Total assets have grown from $167K in 2011 to $313K in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in New Mexico and Texas. According to available records, Fab-Steel Products Foundation Inc. has made 9 grants totaling $52K, with a median grant of $4K. Annual giving has decreased from $18K in 2021 to $14K in 2023. Grantmaking activity was highest in 2022 with $20K distributed across 2 grants. Individual grants have ranged from $2K to $15K, with an average award of $6K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New Mexico and South Dakota. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$3K
Based on 5 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.
Fab-Steel Products Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in NM, SD.
Fab-Steel Products Foundation Inc. has distributed a total of $52K across 9 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $2K to $15K.
Fab-Steel Products Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is BY DECEMBER 31ST ANNUALLY.
Fab-Steel Products Foundation Inc. is headquartered in CLOVIS, NM. While based in NM, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wadene Brown | SEC/DIR | $0 | $0 | N/A |
| M Virginia Glenn | PRES/DIR | $0 | $0 | N/A |
| Matthew L Glenn | TREAS/DIR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$313K
Fair Market Value
N/A
Net Worth
$313K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$52K
Average Grant
$6K
Median Grant
$4K
Unique Recipients
5
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Meals On WheelsGENERAL BUDGET | Clovis, NM | $7K | 2023 |
| Hebron HomesGENERAL BUDGET | Clovis, NM | $7K | 2023 |
| Sacred Heart Bld FundGENERAL BUDGET | Clovis, NM | $15K | 2022 |
| St Martin MonestaryGENERAL BUDGET | Rapid City, SD | $4K | 2021 |
| Pregnancy Resource CenterGENERAL BUDGET | Clovis, NM | $2K | 2021 |