Faigen Family Foundation Inc is a private foundation based in Palm Beach, Florida. The foundation focuses its philanthropic efforts on education, human services, and health-related initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9M
-9.0% YoY
Annual Giving
$2.2M
+4.3% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$129K
+4.3% YoY
Under IRS private-foundation payout rules, Faigen Family Foundation Inc reported a distributable amount of $748K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Gun Violence Prevention
- Community Health
- Health and Wellness
- Services for developmentally disabled centers
Grantmaking
The foundation awarded $300,144 to Opportunity Inc of Palm Beach County in 2024 for early childhood education and family services programming.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Florida
- New York
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $8,919,429
- Total Annual Giving: $2,193,144
- EIN: 31-1509512
- Most Recent IRS Filing: 2024
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,919,429 | $9,802,932 | $10,312,721 |
| Revenue | $1,423,049 | $1,706,638 | $1,375,832 |
| Expenses | $2,302,286 | $2,215,873 | $2,119,495 |
| Qualifying Distributions | $2,196,017 | $2,106,283 | $2,005,016 |
| Net Investment Income | $1,402,838 | $1,679,620 | $1,372,725 |
| Distributable Amount | $748,341 | $751,805 | $820,877 |
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
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Forever Foundation ($1,379,000), Opportunity Inc ($300,144), Healing Health Care Center ($186,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF HERZOG HOSPITAL NEW YORK, NY | CHARITABLE | $20,000 |
| BACK TO BASICS INC WELLINGTON, FL | CHARITABLE | $25,000 |
| CATHOLIC CHARITIES OF PALM BEACH ELDER AFFAIRS PROGRAM WEST PALM BEACH, FL | CHARITABLE | $15,000 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | CHARITABLE | $15,000 |
| HEALING HEALTH CARE CENTER PAHOKEE, FL | CHARITABLE | $186,000 |
| HOME SAFE LAKE WORTH, FL | CHARITABLE | $30,000 |
| JEWISH RESIDENTIAL & FAMILY SERVICES WEST PALM BEACH, FL | CHARITABLE | $10,000 |
| MAKOM COMMUNITY PHILADELPHIA, PA | CHARITABLE | $20,000 |
| OPPORTUNITY INC WEST PALM BEACH, FL | CHARITABLE | $300,144 |
| PALM BEACH COUNTY FOOD BANK LAKE WORTH, FL | CHARITABLE | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA SEIGEL | PRESIDENT | 0.5 | — |
| DR ANDREW FAIGEN | VICE PRESIDENT | 0.5 | — |
| DR AMANDA FAIGEN | VICE PRESIDENT | 0.5 | — |
| BRENDA MCGOWAN | VICE PRESIDENT,SECTY,TREAS | 1.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Faigen Family Foundation Inc fund?
The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Gun Violence Prevention • Community Health • Health and Wellness • Services for developmentally disabled centers
How do I apply for a grant from Faigen Family Foundation Inc?
**Financial Capacity:** • Total assets: $8,919,429 • Total annual giving: $2,193,144 • Typical grant awards range from $10,000 to $1,379,000 **Recent Grants:** The foundation awarded $300,144 to Opportunity Inc of Palm Beach County in 2024 for early childhood education and family services programming.
Where does Faigen Family Foundation Inc make grants?
The foundation primarily funds organizations in: • Florida • New York • District of Columbia
What size grants does Faigen Family Foundation Inc award?
In 2024, Faigen Family Foundation Inc awarded 17 grants totaling $2.2M — an average of about $129K per grant, based on its IRS Form 990 filings.
How much is Faigen Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Faigen Family Foundation Inc reported a distributable amount of $748K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Faigen Family Foundation Inc's EIN?
Faigen Family Foundation Inc's EIN (Employer Identification Number) is 31-1509512. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Faigen Family Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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