Farris Family Foundation

JACKSON, TN EIN: 92-1124183

Farris Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, TN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 5 grants totaling $50K. Net investment income was $90K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+49.5% YoY

Annual Giving

$50K

+71.7% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$10K

+37.4% YoY

About Farris Family Foundation

Based on IRS filings

Farris Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, TN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 5 grants totaling $50K. Net investment income was $90K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

JacksonKnoxville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$138K$275K$413K$550K202220232024
Metric202420232022
Total Assets$1,026,046$686,443$500,000
Revenue$389,858$215,562$500,000
Expenses$50,255$29,119
Qualifying Distributions$49,800$29,000
Net Investment Income$89,858$15,443
Distributable Amount$49,667$26,093$1,026

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$25K$37K$50K0 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

The Jackson Symphony$25KThe Dream Center$16KUniversity School of Jac…$5KThe Peyton Project Iinc$3KUnited Way of West Tenne…$100

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Michael A FarrisPresident/Director
Jessia F SalonusSecretary/Director
Matthew A FarrisTreasurer/Director
Lisa T FarrisDirector

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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