Clara Fairbanks Foundation Inc
Clara Fairbanks Foundation Inc is a private foundation, based in TERRE HAUTE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 18 grants totaling $115K. Net investment income was $55K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+6.1% YoY
Annual Giving
$115K
+2.8% YoY
Grant Count
18
+0.0% YoY
Avg Grant Size
$6K
+2.8% YoY
Under IRS private-foundation payout rules, Clara Fairbanks Foundation Inc reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.
About Clara Fairbanks Foundation Inc
Based on IRS filings
Clara Fairbanks Foundation Inc is a private foundation, based in TERRE HAUTE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 18 grants totaling $115K. Net investment income was $55K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,501,414 | $2,358,202 | $2,074,707 |
| Revenue | $55,246 | $470,541 | $59,458 |
| Expenses | $139,832 | $123,276 | $154,246 |
| Qualifying Distributions | $114,882 | $111,762 | $120,497 |
| Net Investment Income | $55,265 | $465,661 | $43,684 |
| Distributable Amount | $121,789 | $104,114 | $110,510 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vigo County Education Foundaiton ($19,000), Manna From Seven Inc ($10,000), Vigo County Education Foundaiton ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 14TH AND CHESTNUT COMMUNITY CENTER TERRE HAUTE, IN | BUILDING IMPROVEMENTS | $6,500 |
| AMERICAN RED CROSS TERRE HAUTE, IN | HOME FIRE RELIEF | $7,500 |
| CHANCES AND SERVICES FOR YOUTH TERRE HAUTE, IN | BUILDING IMPROVEMENTS | $5,000 |
| CRISIS PREGNANCY CENTER TERRE HAUTE, IN | EARN WHILE YOU LEARN | $2,885 |
| CRISIS PREGNANCY CENTER TERRE HAUTE, IN | MOBILE UNIT | $2,500 |
| MANNA FROM SEVEN INC TERRE HAUTE, IN | FORKLIFT | $10,000 |
| PROVIDENCE FOOD PANTRY WEST TERRE HAUTE, IN | FOOD PANTRY | $6,000 |
| RETHINK INC TERRE HAUTE, IN | APPLIANCES | $1,850 |
| TERRE HAUTE AREA MEALS ON WHEELS TERRE HAUTE, IN | OPERATIONS | $7,000 |
| TERRE HAUTE CATHOLIC CHARITIES TERRE HAUTE, IN | COMPUTER SYSTEMS | $8,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES D OWEN | PRESIDENT | — | — |
| ANN L PROX | SECRETARY | — | — |
| RICHARD TEMPLETON | TREASURER | — | — |
| MICHAEL J SACOPULOS | VICE PRESIDENT | — | — |
| HENRY T SMITH | DIRECTOR | — | — |
| BRENDA VOLL | DIRECTOR | — | — |
| ELIZABETH HALEY | DIRECTOR | — | — |
| JIM WINNING | DIRECTOR | — | — |
| MAYA STEWART | DIRECTOR | — | — |
Frequently Asked Questions
How large is Clara Fairbanks Foundation Inc?
As of 2024, Clara Fairbanks Foundation Inc holds $2.5M in total assets with $55K in annual revenue. It awarded 18 grants totaling $115K in 2024.
Where does Clara Fairbanks Foundation Inc operate?
Clara Fairbanks Foundation Inc has awarded grants in Illinois, Indiana, Washington.
What size grants does Clara Fairbanks Foundation Inc award?
In 2024, Clara Fairbanks Foundation Inc awarded 18 grants totaling $115K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Clara Fairbanks Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Clara Fairbanks Foundation Inc reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Clara Fairbanks Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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