FAR Family Foundation

Foundation · Grantmaker Auburn, WA EIN: 20-5615052

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.

Key facts about FAR Family Foundation

EIN: 20-5615052
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $194,600
Grants made (2024): 9
Average grant: $21,622
Median grant: $17,600
Total assets: $4,079,292
Primary geography: Idaho (46% of itemized 2024 grant dollars)

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

Who FAR Family Foundation funds

By grant dollars, the top recipient states for FAR Family Foundation's 9 itemized 2024 grants were Idaho (46%), Washington (36%) and California (15%). 100% of grants with a stated purpose were for general or operating support.

How FAR Family Foundation gives

Giving held roughly steady from 2021 to 2024 (−12%). Method
In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with FAR Family Foundation

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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

-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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Idaho $90K (46%)

Washington $70K (36%)

California $30K (15%)

Colorado $5K (3%)

Share of all 9 itemized 2024 grant dollars.

States

California Colorado Florida Idaho Washington

Cities

Colorado SpringsMaple ValleySeatacAnaheimBellevueFall CityIssaquahMeridianNampaPuyallupAnacortesBothellOrlandoRentonWinthrop

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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 recipients include Mission Aviation Fellowship ($50,000), Cole Valley Christian Schools ($40,000), Novo ($30,000).

Recipient	Purpose	Amount
Mission Aviation Fellowship Nampa, ID	General support	$50,000
Cole Valley Christian Schools Meridian, ID	General support	$40,000
Novo Anaheim, CA	General support	$30,000
Carepoint Clinic Fall City, WA	General support	$20,000
Northwest Christian School Puyallup, WA	General support	$17,600
Newport Covenant Christian Preschool Bellevue, WA	General support	$12,000
Renton Christian School Renton, WA	General support	$10,000
Methow Valley Riding Winthrop, WA	General support	$10,000
Young Life Colorado Springs, CO	General support	$5,000

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

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

Philanthropy, Voluntarism & Grantmaking

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.