Far Family Foundation
- Assets
- $4.1m
- Revenue
- -$147.5k
- Investments
- $3.6m
- Employees
- 0
- Location
- Auburn, WA
- Founding
- 05/2007
- Data as of
- 12/2023
- EIN
- 20-5615052
Organization Overview
Far Family Foundation is located in Auburn, WA. The organization was established in 2007. 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. Far 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 2015, Far Family Foundation has awarded 43 individual grants totaling $1,421,950. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Schaafsma Vice President | 2 | $0 | |
Faith Schaafsma President | 2 | $0 | |
Lori J Schaafsma Treasurer | 2 | $0 | |
David B Schaafsma Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,938 |
| Dividends & Interest | $162,703 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$327,127 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$147,486 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,417 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $5,142 |
| Contributions, gifts, grants paid | $210,000 |
| Total expenses and disbursements | $215,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $511,803 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,062,314 |
| 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, Far Family Foundation has awarded $210,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
SEATTLE CHRISTIAN SCHOOLS PURPOSE: GENERAL SUPPORT | $20,000 |
VINE MAPLE PLACE PURPOSE: GENERAL CONTRIBUTION TO SUPPORT HOUSING, EDUCATION, AND EMPLOYMENT | $50,000 |
EASTSIDE COMMUNITY SCHOOL PURPOSE: GENERAL SUPPORT | $20,000 |
ENCOMPASS PURPOSE: GENERAL SUPPORT | $10,000 |
MISSION AVIATION FELLOWSHIP PURPOSE: GENERAL SUPPORT | $20,000 |
SUMMIT ASSISTANCE PURPOSE: GENERAL SUPPORT | $10,000 |