Fairbank Foundation

Private foundation · Grantmaker McLean, VA EIN: 86-3097479

Fairbank Foundation is a private foundation, 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.

Key facts about Fairbank Foundation

In short: Fairbank Foundation gave $658K across 3 grants in 2024 (avg $219K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
86-3097479
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$657,503
Grants made (2024)
3
Average grant
$219,168
Median grant
$201,488
Total assets
$777,545
Primary geography
California (69% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How Fairbank Foundation gives

  • In 2024 it paid out 185% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

StanfordWashingtonPalo Alto

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2021 2 grants2022 2 grants2023 3 grants2024

From 2022 to 2024, annual grant giving ranged from $600K (2022) to $658K (2024). In 2024 it made 3 grants totaling $658K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Stanford University: $406KStanford University$406KGeorgretown University: $201KGeorgretown University$201KLennie Roberts Advocacy Fund: $50KLennie Roberts Advocacy Fund$50K

The largest 2024 recipient was Stanford University ($406K). Together the top 3 received $658K.

Grant Size Distribution

7 grants across all recorded years

<$50K1$50–100K3$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 7 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Stanford University Stanford, CAGeneral$406,015
Georgretown University Washington, DCGeneral$201,488
Lennie Roberts Advocacy Fund Palo Alto, CAGeneral$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2021 2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Fairbank Foundation is led by Rebecca P Winebrenner, Executive Director, Secretary & Treasurer since 2023 (on filings since 2021); 3 of 4 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Rebecca P Winebrenner

    Executive Director, Secretary & Treasurer

    Assistant Secretary → Executive Director & Treasurer, 2022

    Executive Director & Treasurer → Executive Director, Secretary & Treasurer, 2023

    On filings since 2021

    5 hrs/week

    $15K (2022) → $44K (2024)

  • Richard D Fairbank

    Chairman

    President → Chairman, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Thomas Leffler

    Director & General Counsel

    On filings since 2022

    5 hrs/week

    $15K (2022) → $42K (2024)

  • Joan M Tabler

    Assistant Treasurer

    On filings since 2023

    1 hr/week

    $10K (2023) → $10K (2024)

Former officers (1)
  • Former: Christine U Fairbank (2021–2022) — Secretary & Treasurer

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Rebecca P Winebrenner — Exec. Direct., Sec & Treas: $44KRebecca P WinebrennerExec. Direct., Sec & Treas$44KThomas Leffler — Director & General Counsel: $42KThomas LefflerDirector & General Counsel$42KJoan M Tabler — Assistant Treasurer: $10KJoan M TablerAssistant Treasurer$10K

The highest reported compensation on the 2024 filing was $44K, to Rebecca P Winebrenner (Exec. Direct., Sec & Treas). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Fairbank Foundation

How much does Fairbank Foundation give each year?

Fairbank Foundation gave $658K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $601K across 2 grants.

What is Fairbank Foundation's typical grant size?

Fairbank Foundation's median grant in 2024 was $201,488, and its average grant was $219,168, across 3 grants on its 2024 IRS Form 990-PF.

Where does Fairbank Foundation give grants?

Fairbank Foundation gives mostly in California: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (31%).

Does Fairbank Foundation give general operating support?

Yes: 100% of Fairbank Foundation's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Fairbank Foundation?

Fairbank Foundation reported $778K in total assets on its 2024 IRS Form 990-PF. It paid out $773K in qualifying distributions that year, against a required minimum of $418K (roughly 5% of its investment assets).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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