Far Reach Foundation
Far Reach Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in South Burlington, VT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $24.6M in total assets. In 2024, it awarded 1 grant totaling $2.0M. Net investment income was $659K.
Key facts about Far Reach Foundation
- EIN
- 86-2566529
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,000,000
- Grants made (2024)
- 1
- Average grant
- $2,000,000
- Median grant
- $2,000,000
- Total assets
- $24,636,899
- Primary geography
- Vermont (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Far Reach Foundation gives
- In 2024 it paid out 191% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Far Reach Foundation
- How to evaluate Far Reach Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.6M
+16.8% YoY
Annual Giving
$2.0M
+81.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.0M
+81.8% YoY
Under IRS private-foundation payout rules, Far Reach Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
About Far Reach Foundation
Based on IRS filings
Far Reach Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in South Burlington, VT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $24.6M in total assets. In 2024, it awarded 1 grant totaling $2.0M. Net investment income was $659K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,636,899 | $21,085,799 | $18,839,895 |
| Revenue | $5,663,782 | $3,436,686 | $2,295,461 |
| Expenses | $2,112,682 | $1,190,782 | $1,586,519 |
| Qualifying Distributions | $2,003,665 | $1,103,469 | $1,504,569 |
| Net Investment Income | $658,758 | $229,188 | $154,281 |
| Distributable Amount | $1,051,377 | $833,401 | $752,708 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Vermont Community Foundation ($2,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VERMONT COMMUNITY FOUNDATION Middlebury, VT | GENERAL SUPPORT | $2,000,000 |
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 |
|---|---|---|---|
| Jamie a Alpert | President | 2 | — |
| Jeffrey Davis | Treasurer | 2 | — |
| Kyle Davis | Asst Treasurer | 1 | — |
| Sabrina Davis | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Far Reach Foundation?
Far Reach Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in South Burlington, VT. It holds $24.6M in total assets as of 2024.
How large is Far Reach Foundation?
As of 2024, Far Reach Foundation holds $24.6M in total assets with $5.7M in annual revenue. It awarded 1 grant totaling $2.0M in 2024.
Where does Far Reach Foundation operate?
Far Reach Foundation has awarded grants in Vermont.
What size grants does Far Reach Foundation award?
In 2024, Far Reach Foundation awarded 1 grant totaling $2.0M — an average of about $2.0M per grant, based on its IRS Form 990 filings.
How much is Far Reach Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Far Reach Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Far Reach Foundation's EIN?
Far Reach Foundation's EIN (Employer Identification Number) is 86-2566529. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.