Farina Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MASSILLON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $711K in total assets. In 2024, it awarded 1 grants totaling $400K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$711K
+0.5% YoY
Annual Giving
$400K
+56.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$400K
+56.9% YoY
Under IRS private-foundation payout rules, Farina Foundation Inc reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
About Farina Foundation Inc
Based on IRS filings
Farina Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MASSILLON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $711K in total assets. In 2024, it awarded 1 grants totaling $400K.
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 | $710,760 | $706,898 | $788,218 |
| Revenue | $425,000 | $200,000 | $320,555 |
| Expenses | $421,138 | $281,320 | $212,457 |
| Qualifying Distributions | $408,186 | $268,368 | $200,307 |
| Net Investment Income | — | — | $12 |
| Distributable Amount | $37,019 | $38,289 | $38,071 |
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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Forty Corners Animal Rescue Inc ($400,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FORTY CORNERS ANIMAL RESCUE INC MASSILLON, OH | CHARITABLE SUPPORT FOR ANIMAL RESCUE ACTIVITIES | $400,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL A FARINA | PRESIDENT | 1 | — |
| NANCY FARINA | DIRECTOR | 1 | — |
| MICHAEL J FARINA | DIRECTOR | 1 | — |
| NICOLE FARINA | DIRECTOR | 1 | — |
| JOSEPH FARINA | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Farina Foundation Inc?
Farina Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MASSILLON, OH. It holds $711K in total assets as of 2024.
How large is Farina Foundation Inc?
As of 2024, Farina Foundation Inc holds $711K in total assets with $425K in annual revenue. It awarded 1 grants totaling $400K in 2024.
Where does Farina Foundation Inc operate?
Farina Foundation Inc has awarded grants in Ohio, Texas.
What size grants does Farina Foundation Inc award?
In 2024, Farina Foundation Inc awarded 1 grants totaling $400K — an average of about $400K per grant, based on its IRS Form 990 filings.
How much is Farina Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Farina Foundation Inc reported a distributable amount of $37K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Farina Foundation Inc's EIN?
Farina Foundation Inc's EIN (Employer Identification Number) is 83-2672929. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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