Fairbank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $778K in total assets. In 2024, it awarded 3 grants totaling $658K. Net investment income was $130K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$778K
-9.7% YoY
Annual Giving
$658K
+9.5% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$219K
-27.0% YoY
Under IRS private-foundation payout rules, Fairbank Foundation reported a distributable amount of $418K for 2024 — the minimum it must pay out in qualifying distributions.
About Fairbank Foundation
Based on IRS filings
Fairbank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $778K in total assets. In 2024, it awarded 3 grants totaling $658K. Net investment income was $130K.
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 | $777,545 | $861,463 | $887,422 |
| Revenue | $130,401 | $142,038 | $165,306 |
| Expenses | $773,154 | $713,043 | $685,465 |
| Qualifying Distributions | $772,701 | $709,785 | $683,315 |
| Net Investment Income | $130,401 | $142,038 | $158,306 |
| Distributable Amount | $417,752 | $325,375 | $382,521 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stanford University ($406,015), Georgretown University ($201,488), Lennie Roberts Advocacy Fund ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| STANFORD UNIVERSITY STANFORD, CA | GENERAL | $406,015 |
| GEORGRETOWN UNIVERSITY WASHINGTON, DC | GENERAL | $201,488 |
| LENNIE ROBERTS ADVOCACY FUND Palo Alto, CA | GENERAL | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard D Fairbank | Chairman | 1 | — |
| Rebecca P Winebrenner | Exec. Direct., Sec & Treas | 5 | $43,615 |
| Thomas Leffler | Director & General Counsel | 5 | $42,308 |
| Joan M Tabler | Assistant Treasurer | 1 | $10,481 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fairbank Foundation?
Fairbank Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. It holds $778K in total assets as of 2024.
How large is Fairbank Foundation?
As of 2024, Fairbank Foundation holds $778K in total assets with $130K in annual revenue. It awarded 3 grants totaling $658K in 2024.
Where does Fairbank Foundation operate?
Fairbank Foundation has awarded grants in California, District of Columbia.
What size grants does Fairbank Foundation award?
In 2024, Fairbank Foundation awarded 3 grants totaling $658K — an average of about $219K per grant, based on its IRS Form 990 filings.
How much is Fairbank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fairbank Foundation reported a distributable amount of $418K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fairbank Foundation's EIN?
Fairbank Foundation's EIN (Employer Identification Number) is 86-3097479. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Fairbank 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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