Clara Faber Foundation

Organization Overview

Clara Faber Foundation is located in Cuyahoga Falls, OH. The organization was established in 2003. 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. Clara Faber 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 12/2021, Clara Faber Foundation generated $264.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $173.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Clara Faber Foundation has awarded 194 individual grants totaling $1,534,575. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Guy Klapp
Trustee
$0
John Kane
Trustee
$0
Charles Rabino
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $83,153
Net Rental Income$0
Net Gain on Sale of Assets $181,200
Capital Gain Net Income $181,200
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $264,353

Grants Awarded

Over the last fiscal year, Clara Faber Foundation has awarded $152,000 in support to 18 organizations.

Grant RecipientAmount

JACOB AND CLARA FABER FOUNDATION

Org PageRecipient Profile

Cuyahoga Falls, OH

PURPOSE: GENERAL FUND

$40,000

CATHOLIC CHARITIES

PURPOSE: GENERAL FUND

$12,000

CUYAHOGA FALLS SCHOOLS FDN

PURPOSE: EDUCATION

$10,500

GENNESARET INC

PURPOSE: GENERAL FUND

$10,500

AKRON PREGNANCY SERVICES

PURPOSE: GENERAL FUND

$10,000

CUYAHOGA VALLEY YOUTH BALLET

PURPOSE: GENERAL FUND

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Clara Faber Foundation has recieved totaling $40,000.

Awarding OrganizationAmount
Clara Faber Foundation

Cuyahoga Falls, OH

PURPOSE: GENERAL FUND

$40,000
View Grant Recipient Profile

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