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.
Key facts about Clara Fairbanks Foundation Inc
In short: Clara Fairbanks Foundation Inc gave $120K across 15 grants in 2025 (avg $8K), mostly in Indiana. 47% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 35-6042734
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $120,000
- Grants made (2025)
- 15
- Average grant
- $8,000
- Median grant
- $5,000
- New grantees (estimate)
- 47% first-time grantees (7 of 15, 2025)
- Total assets
- $2,774,299
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- 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… Full details ↓
- Deadline
- August 1, as stated on the 2024 filing.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.8M
+10.9% YoY
Annual Giving
$120K
+4.5% YoY
Grant Count
15
-16.7% YoY
Avg Grant Size
$8K
+25.3% YoY
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.
Is Clara Fairbanks Foundation Inc open to new grantees?
47%
first-time grantees, 2025
In 2025, 7 of 15 grantees (47%) were first-time recipients. First grants averaged $9K; repeat grants $7K. How we count
Medians: $5K first-time, $6K repeat.
- 40% 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.
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.
Review Cycle
August 1, as stated on the 2024 filing. That deadline has passed for 2026.
Ready to take the next step with Clara Fairbanks Foundation Inc?
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
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $2,774,299 | $60,786 | $134,033 | $120,000 |
| 2024 | $2,501,414 | $55,246 | $139,832 | $114,882 |
| 2023 | $2,358,202 | $470,541 | $123,276 | $111,762 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,774,299 | $2,501,414 | $2,358,202 |
| Revenue | $60,786 | $55,246 | $470,541 |
| Expenses | $134,033 | $139,832 | $123,276 |
| Qualifying Distributions | $120,000 | $114,882 | $111,762 |
| Net Investment Income | $55,892 | $55,265 | $465,661 |
| Distributable Amount | $128,692 | $121,789 | $104,114 |
Data update history
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
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.
Contact
Application contact: James D Owen
Mailing address: PO Box 11088, Terre Haute, IN 47801
Phone: (812) 299-9499
Website: https://www.clarafairbanksfoundation.com
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 $9K 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 September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Clara Fairbanks Foundation Inc by hand.
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
The Wabash Valley Community Foundation funds nonprofit work in arts and culture, community development, education, health and human services, and other local needs in Clay, Sullivan and Vigo counties, Indiana. Its Impact Grants are $2,000–$25,000 and Urgent Grants are up to $5,000; its 2025 grants had a median award of $14,883.
Assets
$128.5M
Grants
88
Total Given
$3.0M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce development, local economic development and recovery, disaster resilience, conservation, and economic opportunity in communities across North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. It reports more than $30 million in annual charitable grants; awards vary widely, with a 2024 median of $25,000, and applications of $20,000 or less are accepted on a rolling basis. Applicants should contact their local Foundation representative before applying.
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
The Hux Family Charitable Trust
Riley, IN
The Hux Family Charitable Trust supports organizations working in areas such as community services, education, family homelessness, youth programs, health, and athletics, primarily in Indiana, with some giving in Florida and North Carolina. In 2025, grants ranged from $1,000 to $100,000, with a median of $9,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$4.9M
Grants
20
Total Given
$279K
The Weston Wabash Foundation
Terre Haute, IN
The Weston Wabash Foundation supports community, education, health and human services, cultural, and youth-serving organizations, with grants for operating support, scholarships, endowments, and projects. Its 2025 grants ranged from $1,000 to $57,500, with a median of $10,000; most funding went to Indiana, with some grants in Minnesota and Ohio. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$7.7M
Grants
24
Total Given
$369K
Rose Ladies Aid Society
Terre Haute, IN
Rose Ladies Aid Society funds local charities serving youth and people who are sick, disabled, or in need, as well as assistance for needy households in Vigo County, Indiana. Recent grants ranged from $500 to $9,000, with a median of $1,000. It does not accept unsolicited requests.
Assets
$1.3M
Grants
21
Total Given
$59K
The Richard M Schulze Family Foundation
Minneapolis, MN
The Richard M. Schulze Family Foundation funds education, health care, and human services, including college scholarships, with most support benefiting working- and middle-class families in specified Minnesota and Florida counties; it also makes some national grants. Its 2024 grants had a median of $5,000, though awards ranged from $50 to $10 million. It plans to move to invitation-only grantmaking in 2027; whether it currently accepts unsolicited requests is not stated.
Assets
$218.3M
Grants
1,431
Total Given
$47.9M
HRH Foundation
Terre Haute, IN
Assets
$19.7M
Grants
4
Total Given
$680K
Lilly Endowment Inc
Indianapolis, IN
Lilly Endowment funds community development, education and youth, and religion, with a national reach—especially in religion—and a particular commitment to Indianapolis and Indiana. Its 2025 grants had a median of $100,000, though awards ranged widely; the profile does not state whether it accepts unsolicited requests.
Assets
$105.9B
Grants
2,285
Total Given
$3.9B
More Funders in Indiana
Clara Fairbanks Foundation Inc down — hundreds of funders to go?