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Fagus Foundation is a private corporation based in MIDDLEBURG, VA. The foundation received its IRS ruling in 2008. The principal officer is % Charles T Akre Jr. It holds total assets of $24.6M. Annual income is reported at $2.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Fagus Foundation has made 59 grants totaling $7.8M, with a median grant of $57K. Annual giving has grown from $2.1M in 2020 to $3.4M in 2023. Individual grants have ranged from $3K to $1.7M, with an average award of $133K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Virginia, Maine, Georgia, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Fagus Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in VA, ME, GA.
Fagus Foundation has distributed a total of $7.8M across 59 grants. The median grant size is $57K, with an average of $133K. Individual grants have ranged from $3K to $1.7M.
Fagus Foundation typically selects its grantees rather than accepting unsolicited proposals.
Fagus Foundation is headquartered in MIDDLEBURG, VA. While based in VA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas Sb Akre | VICE PRESIDENT | $0 | $0 | $0 |
| Charles T Akre Jr | PRES./SEC./TREAS. | $0 | $0 | $0 |
| Alexis A Akre | VICE PRESIDENT | $0 | $0 | $0 |
| Andrew C Akre | VICE PRESIDENT | $0 | $0 | $0 |
| Deanna S Akre | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$3.9M
Total Assets
$26.6M
Fair Market Value
$30.5M
Net Worth
$26.6M
Grants Paid
$3.4M
Contributions
$1.4M
Net Investment Income
$3.8M
Distribution Amount
$1.4M
Total: $24.4M
Total Grants
59
Total Giving
$7.8M
Average Grant
$133K
Median Grant
$57K
Unique Recipients
34
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| HomestretchCHARITABLE SUPPORT | Falls Church, VA | $60K | 2022 |
| Rappahannock County Broadband AuthoritySUPPORT OF PUBLIC BROADBAND AUTHORITY | Washington, VA | $1.7M | 2023 |
| Rappahannock County Public SchoolsSUPPORT OF PUBLIC SCHOOLS | Washington, VA | $300K | 2023 |
| Coastal Maine Botanical GardensCHARITABLE SUPPORT | Boothbay, ME | $250K | 2023 |
| Smithsonian Conservation Biology InstituteCHARITABLE SUPPORT | Front Royal, VA |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| $200K |
| 2023 |
| Fauquier Free Clinic IncCHARITABLE SUPPORT | Warrenton, VA | $200K | 2023 |
| Headwaters - The Rappahannock County Public Eduction Foundation IncCHARITABLE SUPPORT | Sperryville, VA | $160K | 2023 |
| Knox County Homeless CoalitionCHARITABLE SUPPORT | Rockland, ME | $160K | 2023 |
| Earth University FoundationCHARITABLE SUPPORT | Atlanta, GA | $117K | 2023 |
| Suny College Of Environmental Science And ForestrySUPPORT ACADEMIC PROGRAMS | Syracuse, NY | $50K | 2023 |
| Little Sister'S FundCHARITABLE SUPPORT | Ketchum, ID | $50K | 2023 |
| Rappahannock Benevolent FundCHARITABLE SUPPORT | Washington, VA | $50K | 2023 |
| Area Interfaith OutreachCHARITABLE SUPPORT | Rockland, ME | $50K | 2023 |
| Rappahannock Center For EducationCHARITABLE SUPPORT | Sperryville, VA | $28K | 2023 |
| Path PartnershipsCHARITABLE SUPPORT | Warrenton, VA | $10K | 2023 |
| Fauquier Education FarmCHARITABLE SUPPORT | Warrenton, VA | $7K | 2023 |
| Lifeflight FoundationCHARITABLE SUPPORT | Camden, ME | $750K | 2022 |
| Lord Fairfax Community College FoundationCHARITABLE SUPPORT | Middletown, VA | $200K | 2022 |
| Foothills ForumCHARITABLE SUPPORT | Washington, VA | $50K | 2022 |
| Family Futures RappahannockCHARITABLE SUPPORT | Sperryville, VA | $40K | 2022 |
| Rapp At HomeCHARITABLE SUPPORT | Washington, VA | $35K | 2022 |
| Center For Agricultural ResilienceCHARITABLE SUPPORT | Bluffton, GA | $4K | 2022 |
| Island InstituteCHARITABLE SUPPORT | Rockland, ME | $200K | 2020 |
| Maine Coast Heritage TrustCHARITABLE SUPPORT | Topsham, ME | $200K | 2020 |
| Rappahannock County High SchoolCHARITABLE SUPPORT | Washington, VA | $161K | 2020 |
| Maine Coast Fishermens AssnCHARITABLE SUPPORT | Topsham, ME | $120K | 2020 |
| A Place To BeCHARITABLE SUPPORT | Middleburg, VA | $90K | 2020 |
| Rappahannock CommunitiesCHARITABLE SUPPORT | Flint Hill, VA | $88K | 2020 |
| Child Care And Learning Center IncCHARITABLE SUPPORT | Washington, VA | $46K | 2020 |
| Windy Hill Foundation IncCHARITABLE SUPPORT | Middleburg, VA | $40K | 2020 |
| Rappahannock Pantry IncCHARITABLE SUPPORT | Washington, VA | $40K | 2020 |
| Partners In World HealthCHARITABLE SUPPORT | Portland, ME | $20K | 2020 |
| Scrabble School Preservation FoundationCHARITABLE SUPPORT | Sperryville, VA | $10K | 2020 |
| Rappahannock Dept Of Social ServicesCHARITABLE SUPPORT | Washington, VA | $3K | 2020 |
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