Faulkner Family Foundation

Foundation · Grantmaker Austin, TX EIN: 74-2871792

Faulkner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Austin, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $886K in total assets. In 2024, it awarded 4 grants totaling $93K. Net investment income was $63K.

Key facts about Faulkner Family Foundation

EIN: 74-2871792
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $93,237
Grants made (2024): 4
Average grant: $23,309
Median grant: $11,500
Total assets: $886,183
Primary geography: Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Faulkner Family Foundation funds

By grant dollars, the top recipient states for Faulkner Family Foundation's 4 itemized 2024 grants were Texas (100%). The most frequent recipient cities were Austin, TX (2 grants). 75% of grants with a stated purpose were for general or operating support.

How Faulkner Family Foundation gives

Giving grew 334% from 2021 to 2024. Method
In 2024 it paid out 194% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$886K

-3.5% YoY

Annual Giving

$93K

+856.3% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$23K

+1095.3% YoY

Under IRS private-foundation payout rules, Faulkner Family Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.

About Faulkner Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $93K (100%)

Share of all 4 itemized 2024 grant dollars.

States

Colorado Florida Texas

Cities

AustinAbileneColorado SpringsJacksonvilleWest Lake Hills

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$886,183	$918,295	$192,448
Revenue	$72,952	$753,999	$-48,118
Expenses	$105,785	$28,152	$47,951
Qualifying Distributions	$93,237	$9,750	$28,200
Net Investment Income	$62,985	$41,906	—
Distributable Amount	$47,948	$36,668	$11,317

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Disability Resources ($67,737), Honor Flight Austin ($13,000), Make-a-Wish ($10,000).

Recipient	Purpose	Amount
DISABILITY RESOURCES Abilene, TX	VOCATIONAL HOMES AND OPPORTUNITIES FOR THE DISABLED	$67,737
HONOR FLIGHT AUSTIN Austin, TX	GENERAL SUPPORT	$13,000
MAKE-A-WISH West Lake Hills, TX	GENERAL SUPPORT	$10,000
THE MISSY PROJECT Austin, TX	GENERAL SUPPORT	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2024 IRS filing

Name	Title	Hours	Compensation
Von D Faulkner	Trustee	30	—
Dorsi F Faulkner	Trustee	30	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Faulkner Family Foundation?

Faulkner Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Austin, TX. It holds $886K in total assets as of 2024.

How large is Faulkner Family Foundation?

As of 2024, Faulkner Family Foundation holds $886K in total assets with $73K in annual revenue. It awarded 4 grants totaling $93K in 2024.

Where does Faulkner Family Foundation operate?

Faulkner Family Foundation has awarded grants in Colorado, Florida, Texas.

What size grants does Faulkner Family Foundation award?

In 2024, Faulkner Family Foundation awarded 4 grants totaling $93K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Faulkner Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Faulkner Family Foundation reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.