Fairman Family Foundation
- Assets
- $1.1m
- Revenue
- $145.1k
- Investments
- $992.5k
- Employees
- 0
- Location
- Dubois, PA
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-4373954
Organization Overview
Fairman Family Foundation is located in Dubois, PA. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairman Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Fairman Family Foundation has awarded 42 individual grants totaling $236,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Fairman President | 2 | $0 | |
Derek Fairman Secretary/treasurer | 1 | $0 | |
Lisa Pfingstler Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,342 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $111,725 |
| Capital Gain Net Income | $111,725 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $145,067 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $543 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,115 |
| Total operating and administrative expenses | $16,099 |
| Contributions, gifts, grants paid | $59,000 |
| Total expenses and disbursements | $75,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,018 |
| Savings and temporary cash investments | $110,115 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $782,508 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,107,623 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fairman Family Foundation has awarded $59,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
PENN STATE UNIVERSITY PURPOSE: EDUCATIONAL | $20,000 |
FOUNDATION FOR IUP PURPOSE: PUNXSUTAWNEY CULINARY ARTS | $20,000 |
PENN STATE UNIVERSITY PURPOSE: EDUCATIONAL | $5,000 |
PENN HIGHLANDS DUBOIS PURPOSE: PEDIATRIC WAITING ROOM | $5,000 |
PENN STATE UNIVERSITY PURPOSE: GENERAL | $5,000 |
Dubois, PA PURPOSE: GENERAL | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD | $90,657,767 | $17,263,079 |
Healthcare Foundation Of New Jersey Inc Millburn, NJ | $201,281,752 | $11,925,991 |
Tr Ua 06162003 New York, NY | $24,153,189 | $17,543,623 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Price Family Foundation Inc New York, NY | $4,922,654 | $6,599,359 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Vf Foundation Wilmington, DE | $28,556,217 | $960,441 |
Ruth Lilly Philanthropic Foundation Wilmington, DE | $89,481,864 | $12,222,478 |