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The Fairholme Foundation is a private trust based in CORAL GABLES, FL. The foundation received its IRS ruling in 2002. The principal officer is % Bruce R Berkowitz. It holds total assets of $244.3M. Annual income is reported at $1.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Fairholme Foundation has made 43 grants totaling $32.8M, with a median grant of $11K. Annual giving has grown from $7.3M in 2021 to $25.5M in 2022. Individual grants have ranged from $100 to $12.1M, with an average award of $762K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Florida, Massachusetts, New York, which account for 84% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
The Fairholme Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in FL, MA, NY.
The Fairholme Foundation has distributed a total of $32.8M across 43 grants. The median grant size is $11K, with an average of $762K. Individual grants have ranged from $100 to $12.1M.
The Fairholme Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Fairholme Foundation is headquartered in CORAL GABLES, FL. While based in FL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bruce Berkowitz | TRUSTEE | $0 | $0 | $0 |
| Tracey Berkowitz | TRUSTEE | $0 | $0 | $0 |
Total Giving
$12.7M
Total Assets
$278.3M
Fair Market Value
$202.7M
Net Worth
$278.3M
Grants Paid
$12.7M
Contributions
$0
Net Investment Income
$1.3M
Distribution Amount
$11.7M
Total: $277.6M
Total Grants
43
Total Giving
$32.8M
Average Grant
$762K
Median Grant
$11K
Unique Recipients
25
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Berkowitz Contemporary Foundation IncGENERAL PURPOSE | Coral Gables, FL | $12.1M | 2022 |
| Beaver Country Day SchoolGENERAL PURPOSE | Chestnut Hill, MA | $350K | 2022 |
| Friendship Circle MiamiGENERAL PURPOSE | Miami, FL | $110K | 2022 |
| New York UniversityGENERAL PURPOSE | New York, NY | $100K | 2022 |
| Temple JudeaGENERAL PURPOSE | Coral Gables, FL | $100K |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2017 | 990PF | View |
| 2015 | 990PF | View |
| 2022 |
| Breakthrough MiamiGENERAL PURPOSE | Miami, FL | $18K | 2022 |
| University Of Miami - StudentGENERAL PURPOSE | Coral Gables, FL | $5K | 2022 |
| University Of Miami - AthleticsGENERAL PURPOSE | Coral Gables, FL | $1K | 2022 |
| Opportunity Project IncGENERAL PURPOSE | Milburn, NJ | $500 | 2022 |
| Dolphin Research CenterGENERAL PURPOSE | Grassy Key, FL | $500 | 2022 |
| Bridgehampton Fire DepartmentGENERAL PURPOSE | East Hampton, NY | $100 | 2022 |
| National Breast Cancer FoundationGENERAL PURPOSE | Dallas, TX | $100 | 2022 |
| Sea Research Foundation IncGENERAL PURPOSE | Mystic, CT | $100K | 2021 |
| Whitney Museum Of American ArtGENERAL PURPOSE | New York, NY | $100K | 2021 |
| Ica MiamiGENERAL PURPOSE | Miami, FL | $59K | 2021 |
| Um Miller School Of MedicineGENERAL PURPOSE | Miami, FL | $25K | 2021 |
| Parrish Art MuseumGENERAL PURPOSE | Water Mill, NY | $15K | 2021 |
| Hampton International Film FestivalGENERAL PURPOSE | East Hampton, NY | $7K | 2021 |
| Women Of TomorrowGENERAL PURPOSE | Doral, FL | $5K | 2021 |
| Temple Beth AmGENERAL PURPOSE | Pinecrest, FL | $3K | 2021 |
| Save Venice IncGENERAL PURPOSE | New York, NY | $1K | 2021 |
| Dolphins Cancer ChallengeGENERAL PURPOSE | Miami Gardens, FL | $1K | 2021 |
| Pinecrest SchoolGENERAL PURPOSE | Fort Lauderdale, FL | $250 | 2021 |
| Cancer LinkGENERAL PURPOSE | Oklahoma City, OK | $100 | 2021 |
| St Judes Research HospitalGENERAL PURPOSE | New York, NY | $100 | 2021 |
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