Clara Fairbanks Foundation Inc
Clara Fairbanks Foundation Inc is a private foundation based in Terre Haute, Indiana. Its 2025 filing reports 15 grants totaling $120,000, all to recipients in Indiana.
Clara Fairbanks Foundation Inc at a glance
In short: Clara Fairbanks Foundation Inc gave $120K across 15 grants in 2025 (avg $8K), mostly in Indiana. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $120,000
- +4.5% vs 2024
- Grants made (2025)
- 15
- -16.7% vs 2024
- Average grant
- $8,000
- +25.3% vs 2024
- Median grant
- $5,000
- Total assets
- $2,774,299
- +10.9% vs 2024
- New grantees (estimate)
- 40% first-time grantees (6 of 15, 2025; small sample)
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Clara Fairbanks Foundation Inc
- How to Apply
The foundation’s 2024 filing says applicants should submit a letter on the charitable organization’s letterhead with a narrative explaining the request, the amount requested, and the estimated number of individuals who…
The foundation’s 2024 filing says applicants should submit a letter on the charitable organization’s letterhead with a narrative explaining the request, the amount requested, and the estimated number of individuals who will benefit. The filing lists no restrictions on awards.
- Review Cycle
- August 1, as stated on the 2024 filing. That deadline has passed for 2026.
- Deadline
- August 1, as stated on the 2024 filing.
- Contact
Application contact: James D Owen
Mailing address: PO Box 11088, Terre Haute, IN 47801
Phone: (812) 299-9499
Website: https://www.clarafairbanksfoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Clara Fairbanks Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Terre Haute Catholic Char ($17K). Together the top 10 received $102K.
Grant Size Distribution
86 grants across all recorded years
The most common grant size was under $50K: 86 grants of 86 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2025 went to recipients in Indiana. The listed grants were concentrated in Terre Haute and West Terre Haute.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
States
Cities
Is Clara Fairbanks Foundation Inc open to new grantees?
40%
first-time grantees, 2025
In 2025, 6 of 15 grantees (40%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $7K; repeat grants $8K. How we count
Medians: $5K first-time, $8K repeat.
- 47% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $94K (2020) to $121K (2021). In 2025 it made 15 grants totaling $120K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Terre Haute Catholic Char Terre Haute, IN | Computer Systems | $16,700 |
| Terre Haute Childrens Museum Terre Haute, IN | Operations | $15,000 |
| Vigo County Education Terre Haute, IN | Mini Grant Programs | $15,000 |
| Vigo County YMCA Terre Haute, IN | Livestrong Program | $12,500 |
| Next Step Foundation Terre Haute, IN | Operations | $10,000 |
| St Joseph Univ Parish Coda Terre Haute, IN | Operations | $10,000 |
| Providence Food Pantry West Terre Haute, IN | Food Pantry | $7,500 |
| Chances and Services for Terre Haute, IN | Building Improvements | $5,000 |
| Maple Center - Integrative Health Terre Haute, IN | Opertations | $5,000 |
| Rethink Inc Terre Haute, IN | Operations | $5,000 |
Ready to take the next step with Clara Fairbanks Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,774,299 | $60,786 | $134,033 | $120,000 | 15 | $120,000 | $55,892 | $128,692 |
| 2024 | $2,501,414 | $55,246 | $139,832 | $114,882 | 18 | $114,882 | $55,265 | $121,789 |
| 2023 | $2,358,202 | $470,541 | $123,276 | $111,762 | 18 | $111,762 | $465,661 | $104,114 |
| 2022 | $2,074,707 | $59,458 | $154,246 | $120,497 | 21 | $120,497 | $43,684 | $110,510 |
| 2021 | $2,559,774 | $151,768 | $142,715 | $120,640 | 14 | $120,640 | $125,402 | $119,008 |
| 2020 | $2,265,573 | $75,915 | $128,807 | $93,500 | 10 | — | $57,056 | $103,210 |
Under IRS private-foundation payout rules, Clara Fairbanks Foundation Inc reported a distributable amount of $129K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for operations, computer systems and equipment, education mini-grant programs, a food pantry, a YMCA program, and building improvements.
Among its grantees, Terre Haute Children’s Museum describes itself as an educational and cultural facility for young people that encourages curiosity through hands-on activities. Next Step Foundation describes its work as providing a rehabilitation home for women and men recovering from addiction. reTHink Inc says it empowers the community to live healthier, more sustainable lives. Western Indiana Community says it helps people improve the community and awards grants for community projects, nonprofit organizations, and student scholarships.
Grantmaking
In 2025, the foundation gave 15 grants totaling $120,000. Grant amounts ranged from $2,000 to $16,700, with a median of $5,000.
Notable 2025 grants included $16,700 to Terre Haute Catholic Char for computer systems; $15,000 to Terre Haute Children’s Museum for operations; $15,000 to Vigo County Education for mini-grant programs; $12,500 to Vigo County YMCA for the LIVESTRONG program; and $10,000 each to Next Step Foundation and St Joseph Univ Parish Coda for operations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists James D Owen as president, Ann L Prox as secretary, Richard Templeton as treasurer, and Michael J Sacopulos as vice preside. It also lists Henry T Smith, Brenda Voll, Elizabeth Haley, Jim Winning, and Maya Stewart as directors.
Clara Fairbanks Foundation Inc is led by James D. Owen, President on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
James D. Owen
President
On filings since 2020
No compensation reported
Brenda Voll
Director
On filings since 2020
No compensation reported
Elizabeth Haley
Director
On filings since 2020
No compensation reported
Henry T. Smith
Director
On filings since 2020
No compensation reported
Jim Winning
Director
On filings since 2023
No compensation reported
Maya Stewart
Director
On filings since 2023
No compensation reported
Ann L. Prox
Secretary
On filings since 2020
No compensation reported
Michael J. Sacopulos
Vice President
On filings since 2020
No compensation reported
Richard Templeton
Treasurer
Director → Treasurer, 2023
On filings since 2020
No compensation reported
Former officers (1)
- Former: Daniel Callahan (2020–2022) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Clara Fairbanks Foundation Inc
How much does Clara Fairbanks Foundation Inc give each year?
Clara Fairbanks Foundation Inc gave $120K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $115K across 18 grants.
What is Clara Fairbanks Foundation Inc's typical grant size?
Clara Fairbanks Foundation Inc's median grant in 2025 was $5,000, and its average grant was $8,000, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Clara Fairbanks Foundation Inc that year got $7K on average.
Where does Clara Fairbanks Foundation Inc give grants?
Clara Fairbanks Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Terre Haute, IN (14 grants).
Does Clara Fairbanks Foundation Inc give general operating support?
Not in 2025: none of the 15 grants with a stated purpose on Clara Fairbanks Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (5 grants).
Who are Clara Fairbanks Foundation Inc's largest grantees?
Clara Fairbanks Foundation Inc's largest 2025 grantees include Terre Haute Catholic Char ($16,700), Terre Haute Childrens Museum ($15,000) and Vigo County Education ($15,000), according to its 2025 IRS Form 990-PF. Together they received 39% of its itemized 2025 grant dollars.
How large is Clara Fairbanks Foundation Inc?
Clara Fairbanks Foundation Inc reported $2.8M in total assets on its 2025 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Clara Fairbanks Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for operations, computer systems and equipment, education mini-grant programs, a food pantry, a YMCA program, and building improvements. See mission & focus areas ↑
How do I apply for a grant from Clara Fairbanks Foundation Inc?
The foundation’s 2024 filing says applicants should submit a letter on the charitable organization’s letterhead with a narrative explaining the request, the amount requested, and the estimated number of individuals who… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Clara Fairbanks Foundation Inc's EIN?
Clara Fairbanks Foundation Inc's EIN (Employer Identification Number) is 35-6042734. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 28, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 31, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 7, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Clara Fairbanks Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Wabash Valley Community Foundation Inc
Terre Haute, IN
Wabash Valley Community Foundation supports nonprofits and community initiatives in Clay, Sullivan, and Vigo counties, Indiana, across areas including arts and culture, community development, education, health and human services, and religion. Its listed Impact Grants range from $2,000 to $25,000, and Urgent Grants are up to $5,000; 2025 grants had a median of $14,883. It accepts applications through county-specific processes, but the profile does not state whether unsolicited requests are accepted.
Assets
$128.5M
Grants
88
Total Given
$3.0M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Frederick R Benson Trust
Terre Haute, IN
The Frederick R Benson Trust supports charitable organizations in areas including behavioral and mental health, community services, meals for older and disabled people, and animal welfare. Its 2025 grants ranged from $250 to $27,667, with a median of $1,000, and are limited to 501(c)(3) organizations in Vigo County, Indiana. It accepts written applications describing the need and planned use of funds, with proof of 501(c)(3) status; no deadline is listed.
Assets
$1.4M
Grants
53
Total Given
$83K
Max L Gibson & Jacqueline Gibson
Terre Haute, IN
The foundation supports organizations in areas including recreation, education, health care, addiction recovery, arts, animal care, and community development, primarily in Indiana. Its 2025 grants ranged from $250 to $45,000, with a median of $1,000. It accepts written requests; applicants should describe their organization, include a tax-exemption letter, and explain the request.
Assets
$4.6M
Grants
65
Total Given
$265K
Gregory L Gibson Charitable Foundation
Terre Haute, IN
The Gregory L Gibson Charitable Foundation funds Indiana organizations working in areas including recreation, education, historical preservation, addiction recovery, and healthcare; nearly all of its 2025 giving went to Indiana. Its 65 grants ranged from $500 to $210,000, with a median of $3,000. It accepts written requests with an organization description, tax-exemption letter, and reason for the request; there are no stated deadlines or award restrictions.
Assets
$10.4M
Grants
65
Total Given
$814K
United Way of the Wabash Valley Inc
Terre Haute, IN
United Way of the Wabash Valley funds local programs in education, health, and community basics, including youth success, early childhood development, and substance use disorder services. Its 2024 grants ranged from $5,485 to $106,792, with a median of $20,000, for work in its service area: five Indiana counties and Clark County, Illinois. It accepts applications for specific funding opportunities; the profile does not state whether it accepts unsolicited requests.
Assets
$4.9M
Grants
19
Total Given
$561K
More similar funders
More Funders in Indiana
Cite this profile
Grantable. (2026). Clara Fairbanks Foundation Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/clara-fairbanks-foundation-inc-morg_d058c8699960499f8f40ebc3ce543651
BibTeX
@misc{grantable_356042734_2026,
author = {{Grantable}},
title = {{Clara Fairbanks Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/clara-fairbanks-foundation-inc-morg_d058c8699960499f8f40ebc3ce543651},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Clara Fairbanks Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Clara Fairbanks Foundation Inc down — hundreds of funders to go?