Fara Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.3M in total assets. In 2024, it awarded 11 grants totaling $61K. Net investment income was $891K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.3M
+15.2% YoY
Annual Giving
$61K
-55.0% YoY
Grant Count
11
+37.5% YoY
Avg Grant Size
$6K
-67.3% YoY
About Fara Foundation
Based on IRS filings
Fara Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.3M in total assets. In 2024, it awarded 11 grants totaling $61K. Net investment income was $891K.
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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 | $18,293,426 | $15,883,700 | $13,036,157 |
| Revenue | $3,130,877 | $3,632,842 | $568,214 |
| Expenses | $722,399 | $795,005 | $566,176 |
| Qualifying Distributions | $523,633 | $593,618 | $390,308 |
| Net Investment Income | $890,827 | $641,253 | $280,656 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Solstice Senior Living ($26,390), Ut Austin-literacy First ($7,500), Tarleton State University ($5,300).
| Recipient | Purpose | Amount |
|---|---|---|
| RAMJAANE JOSUA FOUNDATION MANOR, TX | SUPPORT | $2,500 |
| UT AUSTIN-LITERACY FIRST AUSTIN, TX | SUPPORT | $7,500 |
| JEREMIAH PROGRAM AUSTIN, TX | SUPPORT | $2,500 |
| HOPE MEDICAL CLINIC AUSTIN, TX | SUPPORT | $2,500 |
| MISSION POSSIBLE AUSTIN AUSTIN, TX | SUPPORT | $2,500 |
| GOD'S PEOPLE HELPING PEOPLE AUSTIN, TX | SUPPORT | $5,000 |
| OPERATION GAME THIEF AUSTIN, TX | SUPPORT | $2,500 |
| ST DAVID'S FOUNDATION AUSTIN, TX | SUPPORT | $1,500 |
| MORE THAN WELCOME AUSTIN, TX | SUPPORT | $2,500 |
| SOLSTICE SENIOR LIVING AUSTIN, TX | SUPPORT | $26,390 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MANNY FARAHANI | PRESIDENT | 4 | — |
| MARIA FARAHANI | EXECUTIVE DIR. | 4 | — |
| DANIEL FARAHANI | DIRECTOR | 4 | — |
| LEILA FARAHANI | DIRECTOR | 4 | — |
| WILLIAM T BEIL | DIRECTOR | 4 | — |
| STEVE BOWERS | DIRECTOR | 4 | — |
| MICHAEL GRIMES | TREASURER | 4 | — |
| WILLIAM TROUTT | DIRECTOR | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fara Foundation?
Fara Foundation is a private foundation focused on International, Foreign Affairs & National Security, based in AUSTIN, TX. It holds $18.3M in total assets as of 2024.
How large is Fara Foundation?
As of 2024, Fara Foundation holds $18.3M in total assets with $3.1M in annual revenue. It awarded 11 grants totaling $61K in 2024.
Where does Fara Foundation operate?
Fara Foundation has awarded grants in Louisiana, New York, Texas.
What size grants does Fara Foundation award?
In 2024, Fara Foundation awarded 11 grants totaling $61K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is Fara Foundation's EIN?
Fara Foundation's EIN (Employer Identification Number) is 27-4804960. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fara 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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