AUSTIN, TX
Foundacion Fara
Quick Facts
- EIN
- 274804960
- Location
- AUSTIN, TX
- Category
- International
- Total Assets
- $18.3M
- Annual Income
- $3.1M
- IRS Ruling Year
- 2011
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
Foundacion Fara is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2011. It holds total assets of $18.3M. Annual income is reported at $3.1M. The foundation operates in the area of international. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$795K
2023+40%
Total Assets
$15.9M
2023+22%
Fair Market Value
$16.2M
2023
Net Worth
$15.9M
2023
Grants Paid
$135K
2023
Contributions
$2.8M
2023
Net Investment Income
$641K
2023
Distribution Amount
$0
2023
Total Giving by Year
$76K
11$198K
12$369K
13$277K
14$232K
15$495K
19$428K
20$613K
21$566K
22$795K
23Asset Growth
$102K
11$693K
12$617K
13$530K
14$1M
15$3.5M
19$10.9M
20$13M
21$13M
22$15.9M
23Investment Portfolio (2023)
Total: $1.3M
Corporate Stock: $503K
Corporate Bonds: $750K
Cash: $479K
Corporate Stock (29%)
Corporate Bonds (43%)
Cash (28%)
Expense Breakdown (2023)
Grants Paid$135K
Depreciation$58K
Travel & Conferences$2K
Revenue Sources (2023)
- Contributions
- $2.8M
- Dividends
- $440K
- Gross Rents
- $316K
- Capital Gains (Net)
- $60K
- Other Income
- $15K
Financial Details (2023)
- Total Revenue
- $3.6M
- Total Expenses
- $795K
- Exempt Purpose Expenses
- $594K
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $1
- Excise Tax
- $9K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
20
Total Giving
$96K
Average Grant
$5K
Median Grant
$4K
Total Giving by Year
$10K (2 grants)
20$30K (6 grants)
21$56K (12 grants)
22Grant Range
Min$500
Max$15K
Median: $4K
Smallest grantLargest grant
Openness to New Grantees (2022)
67%
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
LA: $5K (2)
MS
AL
GA
FL
HI
TX
TX: $91K (18)
TX$91K (18)
LA$5K (2)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Inkind IncSUPPORT | Austin, TX | $15K | 2022 |
| Inkind IncSUPPORT | Austin, TX | $15K | 2022 |
| Ramjaane Josua FoundationSUPPORT | Manor, TX | $5K | 2022 |
| Ramjaane Josua FoundationSUPPORT | Manor, TX | $5K | 2022 |
| Cafe ReconcileSUPPORT | New Orleans, LA | $3K | 2022 |
| Ut Austin-Literacy FirstSUPPORT | Austin, TX | $3K | 2022 |
| Academy 4SUPPORT | Fort Worth, TX | $3K | 2022 |
| Cafe ReconcileSUPPORT | New Orleans, LA | $3K | 2022 |
| Ut Austin-Literacy FirstSUPPORT | Austin, TX | $3K | 2022 |
| Academy 4SUPPORT | Fort Worth, TX | $3K | 2022 |
| Healthy Hive FoundationSUPPORT | Austin, TX | $500 | 2022 |
| Healthy Hive FoundationSUPPORT | Austin, TX | $500 | 2022 |
| American Red CrossSupport | Austin, TX | $10K | 2021 |
| Ut Austin - Literacy FirstSupport | Austin, TX | $5K | 2021 |
| Avance IncSupport | San Antonio, TX | $5K | 2021 |
| Ramjaane Josua FoundationSupport | Manor, TX | $5K | 2021 |
| Meals On WheelsSupport | Austin, TX | $3K | 2021 |
| Inkind IncSupport | Austin, TX | $2K | 2021 |
| UnicefSupport | Dallas, TX | $5K | 2020 |
| American Red CrossSupport | Austin, TX | $5K | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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