Fara Foundation
Fara Foundation is a private foundation based in Austin, Texas. It operates a health clinic in Nicaragua and made 11 grants totaling $60,690 in 2024, all to recipients in Texas.
Fara Foundation at a glance
In short: Fara Foundation gave $61K across 11 grants in 2024 (avg $6K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $60,690
- -55.0% vs 2023
- Grants made (2024)
- 11
- +37.5% vs 2023
- Average grant
- $5,517
- -67.3% vs 2023
- Median grant
- $2,500
- Total assets
- $18,293,426
- +15.2% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Fara Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 3724 Jefferson Street Suite 210, Austin, TX 78731
Phone: (512) 452-9902
Website: https://www.farafoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fara Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Solstice Senior Living ($26K). Together the top 10 received $59K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 32 grants of 33 (97%).
Geographic Focus
Where this funder awards grants
All 11 grants reported for 2024 went to recipients in Texas. Separately, the foundation states that it operates a health clinic in Nicaragua.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
How Fara Foundation gives
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2020) to $135K (2023). In 2024 it made 11 grants totaling $61K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Solstice Senior Living Austin, TX | Support | $26,390 |
| UT Austin-Literacy First Austin, TX | Support | $7,500 |
| Tarleton State University Stephenville, TX | Support | $5,300 |
| God's People Helping People Austin, TX | Support | $5,000 |
| Ramjaane Josua Foundation Manor, TX | Support | $2,500 |
| Jeremiah Program Austin, TX | Support | $2,500 |
| Hope Medical Clinic Austin, TX | Support | $2,500 |
| Mission Possible Austin Austin, TX | Support | $2,500 |
| Operation Game Thief Austin, TX | Support | $2,500 |
| More Than Welcome Austin, TX | Support | $2,500 |
Ready to take the next step with Fara Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $18,293,426 | $3,130,877 | $722,399 | $60,690 | 11 | $523,633 | $890,827 |
| 2023 | $15,883,700 | $3,632,842 | $795,005 | $135,000 | 8 | $593,618 | $641,253 |
| 2022 | $13,036,157 | $568,214 | $566,176 | $28,000 | 6 | $390,308 | $280,656 |
| 2021 | $13,034,119 | $2,796,270 | $612,577 | $30,000 | 6 | $386,178 | $578,917 |
| 2020 | $10,946,478 | $7,736,409 | $428,282 | $10,000 | 2 | — | $56,730 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated direct charitable activity is operating a health clinic for low-income individuals in Nicaragua. It says the clinic promotes health awareness and education; treats women’s diseases, with emphasis on prevention, detection, and treatment of injuries related to pre-malignant cervical cancer; provides general medical and dental services; and coordinates specialized foreign medical teams.
Its 2024 grantees include organizations with varied missions. Tarleton State University describes its work as providing financial support to the university and scholarships for students. More Than Welcome says it helps refugees and asylum seekers transition into the community by providing needed services and community. Operation Game Thief describes itself as Texas’ wildlife crime-stoppers program, working to curtail poaching and protect Texas natural and cultural resources. St. David’s Foundation says its mission is to advance health equity in Central Texas. Mission Possible Austin describes its mission as advancing the Kingdom of God through a Christ-centered culture.
Grantmaking
In 2024, the foundation made 11 grants totaling $60,690. Grants ranged from $1,500 to $26,390, with a median grant of $2,500. Notable grants included $26,390 to Solstice Senior Living, $7,500 to UT Austin-Literacy First, $5,300 to Tarleton State University, and $5,000 to God’s People Helping People. The foundation also awarded $2,500 each to Ramjaane Josua Foundation, Jeremiah Program, Hope Medical Clinic, Mission Possible Austin, Operation Game Thief, and More Than Welcome, and $1,500 to St. David’s Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Manny Farahani as president; Maria Farahani as executive director; Daniel Farahani, Leila Farahani, William T Beil, Steve Bowers, and William Troutt as directors; and Michael Grimes as treasurer.
Fara Foundation is led by Manny Farahani, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Manny Farahani
President
On filings since 2020
4 hrs/week
No compensation reported
Maria Farahani
Executive Director
On filings since 2020
4 hrs/week
No compensation reported
Daniel Farahani
Director
On filings since 2020
4 hrs/week
No compensation reported
Leila Farahani
Director
On filings since 2020
4 hrs/week
No compensation reported
Steve Bowers
Director
On filings since 2020
4 hrs/week
No compensation reported
William T. Beil
Director
On filings since 2022
4 hrs/week
No compensation reported
William Troutt
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Michael Grimes
Treasurer
On filings since 2023
4 hrs/week
No compensation reported
Former officers (1)
- Former: William T Biel (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Fara Foundation
How much does Fara Foundation give each year?
Fara Foundation gave $61K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $135K across 8 grants.
What is Fara Foundation's typical grant size?
Fara Foundation's median grant in 2024 was $2,500, and its average grant was $5,517, across 11 grants on its 2024 IRS Form 990-PF.
Where does Fara Foundation give grants?
Fara Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Austin, TX (9 grants).
Does Fara Foundation give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Fara Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (11 grants).
Who are Fara Foundation's largest grantees?
Fara Foundation's largest 2024 grantees include Solstice Senior Living ($26,390), UT Austin-Literacy First ($7,500) and Tarleton State University ($5,300), according to its 2024 IRS Form 990-PF. Together they received 65% of its itemized 2024 grant dollars.
How large is Fara Foundation?
Fara Foundation reported $18.3M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $3.1M.
What does Fara Foundation fund?
The foundation’s stated direct charitable activity is operating a health clinic for low-income individuals in Nicaragua. See mission & focus areas ↑
How do I apply for a grant from Fara Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Fara Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Fara Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/fara-foundation-morg_e2f3981c2c4341a7a66a4530ec46420b
BibTeX
@misc{grantable_274804960_2026,
author = {{Grantable}},
title = {{Fara Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/fara-foundation-morg_e2f3981c2c4341a7a66a4530ec46420b},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Fara Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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