Fairman Family Foundation

Foundation · Grantmaker Dubois, PA EIN: 20-4373954

Fairman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dubois, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 11 grants totaling $86K. Net investment income was $161K.

Key facts about Fairman Family Foundation

EIN
20-4373954
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$86,037
Grants made (2024)
11
Average grant
$7,822
Median grant
$1,500
New grantees (estimate)
20% first-time grantees (2 of 10, 2024)
Total assets
$1,143,317
Primary geography
Pennsylvania (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Fairman Family Foundation funds

By grant dollars, the top recipient states for Fairman Family Foundation's 11 itemized 2024 grants were Pennsylvania (100%). The most frequent recipient cities were Dubois, PA (8 grants). 36% of grants with a stated purpose were for general or operating support.

Is Fairman Family Foundation open to new grantees?

20%

first-time grantees, 2024

In 2024, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $16K; repeat grants $7K. How we count

Medians: $16K first-time, $1K repeat.

  • 70% of 2024 grantees were also funded in 2023. Method
  • Giving grew 46% from 2021 to 2024. Method
  • In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Fairman Family Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+6.7% YoY

Annual Giving

$86K

+44.5% YoY

Grant Count

11

-8.3% YoY

Avg Grant Size

$8K

+57.7% YoY

Under IRS private-foundation payout rules, Fairman Family Foundation reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.

About Fairman Family Foundation

Based on IRS filings

Fairman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dubois, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 11 grants totaling $86K. Net investment income was $161K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 11 itemized 2024 grant dollars.

States

Cities

DuboisIndianaErieUniversity ParkPunxsutawneyState CollegeLatrobeSt Marys

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$48K$96K$145K$193K20202021202220232024
Metric202420232022
Total Assets$1,143,317$1,071,894$1,056,588
Revenue$175,248$89,273$25,556
Expenses$103,825$73,967$76,591
Qualifying Distributions$87,657$61,049$61,586
Net Investment Income$160,920$76,277$17,421
Distributable Amount$91,340$78,928$76,520

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$43K$65K$86K14 grants20209 grants202112 grants202212 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Punxsutawney Area Hospital Foundation: $30KPunxsutawney Area HospitalFoundation$30KPenn State University: $25K across 2 grantsPenn State University$25K · 2 grantsFoundation for Iup: $20KFoundation for Iup$20KPenn Highlands Dubois: $5KPenn Highlands Dubois$5KDubois Area United Way: $2KDubois Area United Way$2KDubois Central Catholic: $1KDubois Central Catholic$1KDubois Area YMCA: $1KDubois Area YMCA$1KGrady's Decision: $1KGrady's Decision$1KDubois Educational Foundation: $1KDubois Educational Foundation$1KHabitat for Humanity: $500Habitat for Humanity$500

Grant Size Distribution

58 grants across all recorded years

58<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Punxsutawney Area Hospital Foundation ($30,000), Penn State University ($25,000 across 2 grants), Foundation for Iup ($20,000).

RecipientPurposeAmount
PUNXSUTAWNEY AREA HOSPITAL FOUNDATION Punxsutawney, PARADIOLOGY DEPARTMENT$30,000
FOUNDATION FOR IUP Indiana, PAPUNXSUTAWNEY CULINARY ARTS$20,000
PENN STATE UNIVERSITY Dubois, PAPAW CENTER$20,000
PENN HIGHLANDS DUBOIS Dubois, PAPEDIATRIC WAITING ROOM$5,000
PENN STATE UNIVERSITY Dubois, PALAUNCHBOX$5,000
DUBOIS AREA UNITED WAY Dubois, PAGENERAL$1,500
DUBOIS CENTRAL CATHOLIC Dubois, PAEDUCATIONAL$1,037
DUBOIS AREA YMCA Dubois, PASTRONG KIDS CAMPAIGN$1,000
GRADY'S DECISION Erie, PAGENERAL$1,000
DUBOIS EDUCATIONAL FOUNDATION Dubois, PAGENERAL$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Joyce FairmanPresident2—
Lisa PfingstlerVice-President1—
Derek FairmanSecretary/Treasurer1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Fairman Family Foundation?

Fairman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dubois, PA. It holds $1.1M in total assets as of 2024.

How large is Fairman Family Foundation?

As of 2024, Fairman Family Foundation holds $1.1M in total assets with $175K in annual revenue. It awarded 11 grants totaling $86K in 2024.

Where does Fairman Family Foundation operate?

Fairman Family Foundation has awarded grants in Pennsylvania.

What size grants does Fairman Family Foundation award?

In 2024, Fairman Family Foundation awarded 11 grants totaling $86K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Fairman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fairman Family Foundation reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fairman Family Foundation's EIN?

Fairman Family Foundation's EIN (Employer Identification Number) is 20-4373954. IRS Form 990 filing data is available on this page for 2020–2024.

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

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