FAR Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUBURN, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 9 grants totaling $195K. Net investment income was $218K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
+0.4% YoY
Annual Giving
$195K
-7.3% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$22K
+13.3% YoY
About FAR Family Foundation
Based on IRS filings
FAR Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUBURN, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 9 grants totaling $195K. Net investment income was $218K.
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 | $4,079,292 | $4,062,314 | $4,424,942 |
| Revenue | $218,405 | $-147,486 | $90,862 |
| Expenses | $201,427 | $215,142 | $106,731 |
| Qualifying Distributions | $196,400 | $211,800 | $101,575 |
| Net Investment Income | $218,155 | $179,391 | $159,477 |
| Distributable Amount | $192,495 | $187,114 | $186,559 |
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
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ron Schaafsma | Vice President | 2 | — |
| Faith Schaafsma | President | 2 | — |
| Lori J Schaafsma | Treasurer | 2 | — |
| David B Schaafsma | Secretary | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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