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The Farkas Family Foundation is a private corporation based in CHARLOTTESVLE, VA. The foundation received its IRS ruling in 2001. The principal officer is Gail Munger. It holds total assets of $5.7M. Annual income is reported at $5M. The foundation is governed by 1 officer or trustee. 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 2016 to 2024. Grantmaking is concentrated in Virginia. According to available records, The Farkas Family Foundation has made 100 grants totaling $2.5M, with a median grant of $15K. The foundation has distributed between $570K and $660K annually from 2021 to 2024. Individual grants have ranged from $1K to $200K, with an average award of $25K. The foundation has supported 50 unique organizations. The foundation primarily supports organizations in Virginia, Washington, District of Columbia, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$24K
Largest Grant
$175K
Based on 24 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.
The Farkas Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 100 grants. Its grantmaking reaches organizations primarily in VA, WA, DC.
The Farkas Family Foundation has distributed a total of $2.5M across 100 grants. The median grant size is $15K, with an average of $25K. Individual grants have ranged from $1K to $200K.
The Farkas Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Farkas Family Foundation is headquartered in CHARLOTTESVLE, VA. While based in VA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gail Munger | TRUSTEE | $40K | $0 | $40K |
Total Giving
$803K
Total Assets
$7.8M
Fair Market Value
$12M
Net Worth
$7.8M
Grants Paid
$660K
Contributions
N/A
Net Investment Income
$351K
Distribution Amount
$576K
Total: $4.3M
Total Grants
100
Total Giving
$2.5M
Average Grant
$25K
Median Grant
$15K
Unique Recipients
50
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Legal Aid Justice CenterGENERAL | Charlottesville, VA | $100K | 2024 |
| New River Abortion Access FundGENERAL | Blacksburg, VA | $50K | 2024 |
| Southern Environmental Law CenterGENERAL | Charlottesville, VA | $40K | 2024 |
| Wildlife Center Of VirginiaGENERAL | Waynesboro, VA | $40K | 2024 |
| University Of Virginia MidlifeGENERAL | Charlottesville, VA | $30K | 2024 |
| Businesses Ending SlaveryGENERAL | Seattle, WA | $25K | 2024 |
| Blue Ridge AreaGENERAL | Verona, VA | $25K | 2024 |
| The Women'S InitiativeGENERAL | Charlottesville, VA | $25K | 2024 |
| University Of Virginia HealthGENERAL | Charlottesville, VA | $25K | 2024 |
| Piedmont Environmental CouncilGENERAL | Warrenton, VA | $20K | 2024 |
| Community Climate CollaborativeGENERAL | Charlottesville, VA | $20K | 2024 |
| Ready KidsGENERAL | Charlottesville, VA | $20K | 2024 |
| Kindness CafeGENERAL | Charlottesville, VA | $15K | 2024 |
| Albemarle Housing ImprovementGENERAL | Charlottesville, VA | $15K | 2024 |
| Child Health PartnershipGENERAL | Charlottesville, VA | $15K | 2024 |
| Meals On Wheels OfGENERAL | Charlottesville, VA | $15K | 2024 |
| Community InvestmentGENERAL | Charlottesville, VA | $15K | 2024 |
| Hospice Of The PiedmontGENERAL | Charlottesville, VA | $10K | 2024 |
| Fountain FundGENERAL | Charlottesville, VA | $10K | 2024 |
| Montpelier FoundationGENERAL | Orange, VA | $10K | 2024 |
| Land Trust AllianceGENERAL | Washington, DC | $10K | 2024 |
| Mobius Discovery CenterGENERAL | Spokane, WA | $10K | 2024 |
| Public Housing Association OfGENERAL | Charlottesville, VA | $10K | 2024 |
| The Santa FundGENERAL | Charlottesville, VA | $10K | 2024 |
| Jefferson School African AmericanGENERAL | Charlottesville, VA | $10K | 2024 |
| Charlottesville TomorrowGENERAL | Charlottesville, VA | $10K | 2024 |
| American RiversGENERAL | Washington, DC | $10K | 2024 |
| Literacy Volunteers OfGENERAL | Charlottesville, VA | $10K | 2024 |
| The Virginia Discovery MuseumGENERAL | Charlottesville, VA | $5K | 2024 |
| The Center At BelvidereGENERAL | Charlottesville, VA | $5K | 2024 |
| Saint George'S SchoolGENERAL | Spokane, WA | $1K | 2024 |
| Tandem Friends SchoolGENERAL | Charlottesville, VA | $1K | 2024 |
| Allied ExtractGENERAL | Abingdon, VA | $25K | 2023 |
| Children'S Health PartnershipGENERAL | Charlottesville, VA | $15K | 2023 |
| Foothills Child Advocacy CenterGENERAL | Charlottesville, VA | $15K | 2023 |