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Faro Foundation is a private trust based in LOS ANGELES, CA. The foundation received its IRS ruling in 2004. The principal officer is % Goldman & Knell. It holds total assets of $1.6M. Annual income is reported at $2.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Faro Foundation has made 24 grants totaling $3.8M, with a median grant of $125K. The foundation has distributed between $1.8M and $2M annually from 2022 to 2023. Individual grants have ranged from $5K to $600K, with an average award of $159K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, California, Hawaii, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Faro Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NY, CA, HI.
Faro Foundation has distributed a total of $3.8M across 24 grants. The median grant size is $125K, with an average of $159K. Individual grants have ranged from $5K to $600K.
Faro Foundation typically selects its grantees rather than accepting unsolicited proposals.
Faro Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Knell | TRUSTEE | $0 | $0 | $0 |
Total Giving
$2.1M
Total Assets
$862K
Fair Market Value
$906K
Net Worth
$862K
Grants Paid
$2M
Contributions
$975K
Net Investment Income
$459K
Distribution Amount
$53K
Total: $296K
Total Grants
24
Total Giving
$3.8M
Average Grant
$159K
Median Grant
$125K
Unique Recipients
14
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityDONATION IN HONOR OF JEFF WAXMAN | Ny, NY | $200K | 2023 |
| The Bushwick Starr TheaterDONATION | Brooklyn, NY | $600K | 2023 |
| KukoluMAUI RELIEF FUND DONATION | Kaneohe, HI | $300K | 2023 |
| Shakespeare & CompanyDONATION | Lenox, MA | $200K | 2023 |
| Harlem Grown IncDONATION | New York, NY | $200K |
Other foundations that have funded Faro Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Jpmorgan Chase Foundation | $76 | 2023 | GENERAL OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $1K | 2022 | PROGRAM/OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $1K | 2022 | PROGRAM/OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $2K | 2021 | OPERATIONAL SUPPORT |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| The Walden SchoolDONATION FOR YOUNG MUSICIANS PROGRAM | San Francisco, CA | $150K | 2023 |
| Council For Native Hawaiian AdvancementDONATION | Kapolei, HI | $100K | 2023 |
| The Museum Of Comtemporary ArtDONATION | Los Angeles, CA | $100K | 2023 |
| Hollywood HoofbeatsGENERAL DONATION TO A NON-PROFIT ANIMAL RESCUE ORGANIZATION | Agua Dulce, CA | $84K | 2023 |
| The Gooden CenterDONATION | Pasadena, CA | $30K | 2023 |
| Free The WorkDONATION | Encino, CA | $30K | 2023 |
| El Saber Es PoderDONATION | Los Angeles, CA | $15K | 2023 |
| American Friends Of TiffDONATION FOR TORONTO INTERNATIONAL FILM FESTIVAL | New York, NY | $50K | 2022 |
| Hollywood Indies Little LeagueDONATION | Calabasas, CA | $5K | 2022 |
| Cigna Foundation |
| $50 |
| 2021 |
| GENERAL OPERATING PURPOSES |
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