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
Under IRS private-foundation payout rules, FAR Family Foundation reported a distributable amount of $192K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Mission Aviation Fellowship ($50,000), Cole Valley Christian Schools ($40,000), Novo ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Northwest Christian School Puyallup, WA | General support | $17,600 |
| Renton Christian School Renton, WA | General support | $10,000 |
| Newport Covenant Christian Preschool Bellevue, WA | General support | $12,000 |
| Mission Aviation Fellowship Nampa, ID | General support | $50,000 |
| Young Life Colorado Springs, CO | General support | $5,000 |
| Novo Anaheim, CA | General support | $30,000 |
| Cole Valley Christian Schools Meridian, ID | General support | $40,000 |
| Methow Valley Riding Winthrop, WA | General support | $10,000 |
| Carepoint Clinic Fall City, WA | General support | $20,000 |
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
Frequently Asked Questions
What is FAR Family Foundation?
FAR Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUBURN, WA. It holds $4.1M in total assets as of 2024.
How large is FAR Family Foundation?
As of 2024, FAR Family Foundation holds $4.1M in total assets with $218K in annual revenue. It awarded 9 grants totaling $195K in 2024.
Where does FAR Family Foundation operate?
FAR Family Foundation has awarded grants in California, Colorado, Florida, Idaho, Washington.
What size grants does FAR Family Foundation award?
In 2024, FAR Family Foundation awarded 9 grants totaling $195K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is FAR Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, FAR Family Foundation reported a distributable amount of $192K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is FAR Family Foundation's EIN?
FAR Family Foundation's EIN (Employer Identification Number) is 20-5615052. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in FAR Family 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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