Fairways Foundation
- Assets
- $1.3m
- Revenue
- $263.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 02/1999
- Data as of
- 09/2023
- EIN
- 31-1628541
Organization Overview
Fairways Foundation is located in Cincinnati, OH. The organization was established in 1999. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairways Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Fairways Foundation generated $263.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $348.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fairways Foundation has awarded 76 individual grants totaling $1,979,500. 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 |
|---|---|---|---|
Fifth Third Bank N A Co-Trustee | 1 | $15,908 | |
Travis Elliott Co-Trustee | 1 | $2,309 | |
Cynthia F Elliott Co-Trustee | 1 | $3,976 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $73,081 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $190,816 |
| Capital Gain Net Income | $190,816 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $263,897 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,193 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,978 |
| Total operating and administrative expenses | $28,350 |
| Contributions, gifts, grants paid | $320,500 |
| Total expenses and disbursements | $348,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,774 |
| 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 | $140,434 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,301,376 |
| 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, Fairways Foundation has awarded $320,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SPCA PURPOSE: CONTRIBUTION | $5,000 |
DOCTORS WITHOUT BORDERS PURPOSE: PROJECT/PROGRAM SUPPORT | $4,000 |
THE SMILE TRAIN PURPOSE: CONTRIBUTION | $4,000 |
THE RIALTO THEATRE FOUNDATION PURPOSE: PROJECT/PROGRAM SUPPORT | $10,000 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: PROJECT/PROGRAM SUPPORT | $15,000 |
MERCY SHIP PURPOSE: PROJECT/PROGRAM SUPPORT | $17,000 |