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Faust Family Foundation Inc. is a private corporation based in TOWSON, MD. The foundation received its IRS ruling in 2020. The principal officer is Jennie N Faust. It holds total assets of $232K. Annual income is reported at $282K. Total assets have grown from $172K in 2011 to $232K in 2024. The foundation is governed by 3 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 2015 to 2024. Grantmaking is concentrated in Maryland. According to available records, Faust Family Foundation Inc. has made 15 grants totaling $184K, with a median grant of $15K. Annual giving has grown from $44K in 2020 to $97K in 2022. Individual grants have ranged from $1K to $27K, with an average award of $12K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$17K
Average Grant
$14K
Largest Grant
$25K
Based on 3 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.
Faust Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MD.
Faust Family Foundation Inc. has distributed a total of $184K across 15 grants. The median grant size is $15K, with an average of $12K. Individual grants have ranged from $1K to $27K.
Faust Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Faust Family Foundation Inc. is headquartered in TOWSON, MD.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennie N Faust | President | $0 | $0 | N/A |
| Daniella Faust | Secretary | $0 | $0 | N/A |
| John Faust | Treasurer | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$232K
Fair Market Value
N/A
Net Worth
$232K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$184K
Average Grant
$12K
Median Grant
$15K
Unique Recipients
4
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Church Of The NativityRELIGIOUS | Lutherville, MD | $26K | 2022 |
| Women'S Education AllianceRELIGIOUS | Towson, MD | $16K | 2022 |
| Archdiocese Of BaltimoreReligious | Baltimore, MD | $5K | 2022 |
| Marathon Youth Ministry IncRELIGIOUS | Cockeysville, MD | $1K | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD