Faber Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 15 grants totaling $203K. Net investment income was $170K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+23.5% YoY
Annual Giving
$203K
+17.9% YoY
Grant Count
15
-16.7% YoY
Avg Grant Size
$14K
+41.5% YoY
Under IRS private-foundation payout rules, Faber Future Foundation reported a distributable amount of $180K for 2024 — the minimum it must pay out in qualifying distributions.
About Faber Future Foundation
Based on IRS filings
Faber Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 15 grants totaling $203K. Net investment income was $170K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,279,727 | $2,655,008 | $2,687,176 |
| Revenue | $835,768 | $152,017 | $408,348 |
| Expenses | $211,049 | $184,185 | $186,603 |
| Qualifying Distributions | $206,988 | $176,275 | $175,917 |
| Net Investment Income | $170,096 | $148,107 | $278,162 |
| Distributable Amount | $179,792 | $165,031 | $170,261 |
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
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Federation ($25,000), Uja Federation New York ($25,000), Ronald Mcdonald House ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THIRTEEN PBS NEW YORK, NY | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $2,000 |
| JEWISH FEDERATION NEW YORK, NY | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $25,000 |
| UJA FEDERATION NEW YORK PARAMUS, NJ | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $25,000 |
| AMERICAN JEWISH COMMITTEE PHILADELPHIA, PA | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $15,000 |
| RONALD MCDONALD HOUSE NEW YORK, NY | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $25,000 |
| AMERICAN RED CROSS BOONE, IA | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $5,000 |
| GS DONOR ADVISED PHILANTHROPY ALBANY, NY | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $20,000 |
| LINCOLN CENTER FOR PERFORMING ARTS NEW YORK, NY | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $500 |
| SUNRISE ASSOCAITION OCEANSIDE, NY | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $25,000 |
| WORLD JEWISH CONGRESS NEW YORK, NY | UNRESTRICTED GRANT FOR THE DONEES TAX-EXEMPT PURPOSE | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL FABER | TRUSTEE | 0.5 | — |
| MARCIA FABER | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Faber Future Foundation?
Faber Future Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $3.3M in total assets as of 2024.
How large is Faber Future Foundation?
As of 2024, Faber Future Foundation holds $3.3M in total assets with $836K in annual revenue. It awarded 15 grants totaling $203K in 2024.
Where does Faber Future Foundation operate?
Faber Future Foundation has awarded grants in Alabama, California, Florida, Georgia, Iowa, Maryland, New Jersey, New York, Pennsylvania, Virginia.
What size grants does Faber Future Foundation award?
In 2024, Faber Future Foundation awarded 15 grants totaling $203K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Faber Future Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Faber Future Foundation reported a distributable amount of $180K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Faber Future Foundation's EIN?
Faber Future Foundation's EIN (Employer Identification Number) is 26-2912283. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Faber Future Foundation'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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