Fair Indigo Foundation Inc

MADISON, WI EIN: 20-5404117

Fair Indigo Foundation Inc is a private foundation focused on Education, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 1 grants totaling $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16K

+3.1% YoY

Annual Giving

$11K

+12.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

+12.2% YoY

Under IRS private-foundation payout rules, Fair Indigo Foundation Inc reported a distributable amount of $482 for 2024 — the minimum it must pay out in qualifying distributions.

About Fair Indigo Foundation Inc

Based on IRS filings

Focus Areas

Education

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$15,788	$15,311	$15,194
Revenue	$11,563	$9,969	$6,520
Expenses	$11,086	$9,852	$8,594
Qualifying Distributions	$11,000	$9,800	$8,500
Net Investment Income	—	—	—
Distributable Amount	$482	$385	$494

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Serapis School of Cajamarca Peru ($11,000).

Recipient	Purpose	Amount
SERAPIS SCHOOL OF CAJAMARCA PERU	SALARIES FOR TEACHERS	$11,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM BASS	PRESIDENT	1	—
ELLEN FARRELL	VICE PRESIDENT	1	—
ROBERT BEHNKE	SECRETARY/TREASURER	1	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Fair Indigo Foundation Inc?

Fair Indigo Foundation Inc is a private foundation focused on Education, based in MADISON, WI. It holds $16K in total assets as of 2024.

How large is Fair Indigo Foundation Inc?

As of 2024, Fair Indigo Foundation Inc holds $16K in total assets with $12K in annual revenue. It awarded 1 grants totaling $11K in 2024.

What size grants does Fair Indigo Foundation Inc award?

In 2024, Fair Indigo Foundation Inc awarded 1 grants totaling $11K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Fair Indigo Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fair Indigo Foundation Inc reported a distributable amount of $482 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.