Fairbanks-horix Foundation
Fairbanks-horix Foundation is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $933K in total assets. In 2024, it awarded 9 grants totaling $40K. Net investment income was $410K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$933K
+64.2% YoY
Annual Giving
$40K
+2.6% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$4K
+2.6% YoY
Under IRS private-foundation payout rules, Fairbanks-horix Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About Fairbanks-horix Foundation
Based on IRS filings
Fairbanks-horix Foundation is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $933K in total assets. In 2024, it awarded 9 grants totaling $40K. Net investment income was $410K.
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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 | $933,008 | $568,220 | $582,375 |
| Revenue | $420,364 | $37,937 | $36,325 |
| Expenses | $55,207 | $52,039 | $57,112 |
| Qualifying Distributions | $45,083 | $46,595 | $50,170 |
| Net Investment Income | $410,490 | $32,299 | $30,533 |
| Distributable Amount | $42,498 | $42,160 | $43,523 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pennsylvania Trolley Museum ($10,000), New Century Careers ($7,500), Community College of Allegheny County ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FAMILY READING PARTNERSHIP ITHACA, NY | GENERAL SUPPORT | $1,000 |
| LOAVES AND FISHES OF TOMPKINS ITHACA, NY | FREE MEAL PROGRAM | $1,000 |
| COMMUNITY COLLEGE OF ALLEGHENY COUNTY PITTSBURGH, PA | FAIRBANKS-HORIX SCHOLARSHIP | $5,000 |
| DUQUESNE UNIVERSITY OF THE PITTSBURGH, PA | GENERAL SUPPORT | $3,000 |
| SHEPHERD'S HEART FELLOWSHIP PITTSBURGH, PA | EMERGENCY FUND FOR VETS | $5,000 |
| NEW CENTURY CAREERS PITTSBURGH, PA | TECHNICAL TRAINING M2K | $7,500 |
| PENNSYLVANIA TROLLEY MUSEUM WASHINGTON, PA | GENERAL SUPPORT | $10,000 |
| FRIENDS OF THE PGH FISHER HOUSE PITTSBURGH, PA | FISHER HOUSE FOOD | $5,000 |
| HIGHLAND FOOD PANTRY INC WINCHESTER, VA | MEN ON A MISSION PROGRAM | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK N A | TRUSTEE | 3 | $11,697 |
| BRIAN FAIRBANKS | CO-TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Fairbanks-horix Foundation?
As of 2024, Fairbanks-horix Foundation holds $933K in total assets with $420K in annual revenue. It awarded 9 grants totaling $40K in 2024.
Where does Fairbanks-horix Foundation operate?
Fairbanks-horix Foundation has awarded grants in Massachusetts, New York, Pennsylvania, Virginia.
What size grants does Fairbanks-horix Foundation award?
In 2024, Fairbanks-horix Foundation awarded 9 grants totaling $40K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Fairbanks-horix Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fairbanks-horix Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fairbanks-horix Foundation's EIN?
Fairbanks-horix Foundation's EIN (Employer Identification Number) is 25-6084211. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fairbanks-horix 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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