Faber Future Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2008. The principal officer is % Joel Faber. It holds total assets of $3.3M. Annual income is reported at $836K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Faber Future Foundation has made 60 grants totaling $516K, with a median grant of $5K. Annual giving has decreased from $344K in 2022 to $172K in 2023. Individual grants have ranged from $500 to $25K, with an average award of $9K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Maryland, which account for 78% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Faber Future Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 60 grants. Its grantmaking reaches organizations primarily in NY, NJ, MD.
Faber Future Foundation has distributed a total of $516K across 60 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $500 to $25K.
Faber Future Foundation typically selects its grantees rather than accepting unsolicited proposals.
Faber Future Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joel Faber | TRUSTEE | $0 | $0 | $0 |
| Marcia Faber | TRUSTEE | $0 | $0 | $0 |
Total Giving
$184K
Total Assets
$2.7M
Fair Market Value
$3.5M
Net Worth
$2.7M
Grants Paid
$172K
Contributions
$0
Net Investment Income
$148K
Distribution Amount
$165K
Total: $2M
Total Grants
60
Total Giving
$516K
Average Grant
$9K
Median Grant
$5K
Unique Recipients
27
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ThirteenUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $2K | 2023 |
| American Cancer SocietyUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Kennesaw, GA | $5K | 2022 |
| American Defamation LeagueUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $25K | 2023 |
| Ronald Mcdonald HouseUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $25K | 2023 |
| Sunrise Association |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Oceanside, NY |
| $25K |
| 2023 |
| Jewish Federation Of North JerseyUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Paramus, NJ | $25K | 2023 |
| JdrfUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Hagerstown, MD | $10K | 2023 |
| City HarvestUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Brooklyn, NY | $10K | 2023 |
| American Red CrossUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Boone, IA | $10K | 2023 |
| World Jewish CongressUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $10K | 2023 |
| Magen David AdomUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $5K | 2023 |
| Candlelighters NycUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $5K | 2023 |
| Southern Poverty Law CenterUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Montgomery, AL | $5K | 2023 |
| Uja Federation New YorkUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Paramus, NJ | $5K | 2023 |
| Robin Hood FoundationUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $5K | 2023 |
| Simon Wiesenthal CenterUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Los Angeles, CA | $2K | 2023 |
| Ny PhilharmonicUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $1K | 2023 |
| Central Park ConservancyUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $1K | 2023 |
| Charity NavigatorUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Saddle Brook, NJ | $1K | 2023 |
| Jewish Federation Of Northern NjUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Paramus, NJ | $20K | 2022 |
| American Jewish CommitteeUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $20K | 2022 |
| Juvenile Diabetes Research FoundationUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $10K | 2022 |
| Rutgers University FoundationUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Newark, NJ | $5K | 2022 |
| HiasUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Silver Spring, MD | $5K | 2022 |
| Sarasota OrchestraUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | Sarasota, FL | $2K | 2022 |
| Kaufman Music CenterUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $1K | 2022 |
| Jewish Family & Children And ServicesUNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | New York, NY | $500 | 2022 |
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