Federico and Elvia Faggin Foundation Inc
FEDERICO AND ELVIA FAGGIN is a private foundation based in Los Altos Hills, California. Its 2024 filing reports grants to charitable and educational recipients, including universities, research organizations, and a computer museum.
Key facts about Federico and Elvia Faggin Foundation Inc
In short: Federico and Elvia Faggin Foundation Inc gave $747K across 12 grants in 2024 (avg $62K), top state Washington. 42% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 45-1027778
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $747,000
- Grants made (2024)
- 12
- Average grant
- $62,250
- Median grant
- $20,250
- New grantees (estimate)
- 42% first-time grantees (5 of 12, 2024)
- Total assets
- $13,111,397
- Primary geography
- Washington (44% of itemized 2024 grant dollars)
- How to apply
- The filing says the foundation does not restrict giving to preselected organizations. Full details ↓
- Deadline
- None.
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.1M
+7.6% YoY
Annual Giving
$747K
+54.5% YoY
Grant Count
12
+50.0% YoY
Avg Grant Size
$62K
+3.0% YoY
Under IRS private-foundation payout rules, Federico and Elvia Faggin Foundation Inc reported a distributable amount of $572K for 2024 — the minimum it must pay out in qualifying distributions.
Is Federico and Elvia Faggin Foundation Inc open to new grantees?
42%
first-time grantees, 2024
In 2024, 5 of 12 grantees (42%) were first-time recipients. First grants averaged $54K; repeat grants $68K. How we count
Medians: $50K first-time, $11K repeat.
- 58% of 2024 grantees were also funded in 2023. Method
- Giving grew 129% from 2021 to 2024. Method
- In 2024 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement is provided. The 2024 grants show support for varied organizations. For example, the American Computer Museum says its mission is to collect, preserve, interpret, and display artifacts and history of the information age. Claremont Graduate University says it prepares individuals to be leaders for positive change and advances knowledge and diverse perspectives through research, practice, creative works, and community engagement. These are the grantees’ stated missions, not the foundation’s.
Grantmaking
In 2024, the foundation made 12 grants totaling $747,000. Grants ranged from $3,500 to $330,000, with a median of $20,250. Recent totals were $483,500 across 8 grants in 2023 and $862,000 across 16 grants in 2022.
The largest 2024 grants included $330,000 to the University of Washington, $125,000 to UC Santa Cruz, $85,000 each to The UCLA Foundation and Leverage Research, and $50,000 to Cedar Creek Institute.
Review Cycle
None.
How to Apply
The filing says the foundation does not restrict giving to preselected organizations. It invites written proposals from prospective recipients. Awards are limited to charitable and educational purposes.
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Geographic Focus
Where this funder awards grants
In 2024, grant dollars went primarily to recipients in Washington (44%) and California (43%), followed by Virginia (7%), Montana (4%), and New Mexico (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $326K (2021) to $862K (2022). In 2024 it made 12 grants totaling $747K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was University of Washington ($330K). Together the top 10 received $737K.
Grant Size Distribution
49 grants across all recorded years
The most common grant size was under $50K: 33 grants of 49 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Washington Seattle, WA | PUBLIC | $330,000 |
| Uc Santa Cruz Santa Cruz, CA | PUBLIC | $125,000 |
| The UCLA Foundation Los Angeles, CA | PUBLIC | $85,000 |
| Leverage Research Sunnyvale, CA | PUBLIC | $85,000 |
| Cedar Creek Institute Earlysville, VA | PUBLIC | $50,000 |
| American Computer Museum Bozeman, MT | PUBLIC | $30,000 |
| Cottonweed Research Foundation Gallup, NM | PUBLIC | $10,500 |
| Center for Mindful Self Compassion San Diego, CA | PUBLIC | $7,000 |
| Regents of the University of California San Diego La Jolla, CA | PUBLIC | $7,000 |
| Uc Irvine Irvine, CA | PUBLIC | $7,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grants | Total |
|---|---|---|
| 2024 | 12 | $747,000 |
| 2023 | 8 | $483,500 |
| 2022 | 16 | $862,000 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,111,397 | $12,184,099 | $12,322,756 |
| Revenue | $1,753,187 | $422,934 | $669,570 |
| Expenses | $825,889 | $561,591 | $948,007 |
| Qualifying Distributions | $754,149 | $490,988 | $868,369 |
| Net Investment Income | $1,680,648 | $351,955 | $589,439 |
| Distributable Amount | $572,097 | $545,702 | $555,754 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 29, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Federico Faggin as chief executive officer and Elvia Faggin as secretary.
Federico and Elvia Faggin Foundation Inc is led by Federico Faggin, Chief Executive Officer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Federico Faggin
Chief Executive Officer
On filings since 2020
No compensation reported
Elvia Faggin
Secretary
On filings since 2020
No compensation reported
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.
Contact
Application contact: Federico Faggin
Mailing address: 27910 Roble Blanco, Los Altos Hills, CA 94022
Phone: (650) 941-4079
Website: https://www.fagginfoundation.org
Frequently asked questions about Federico and Elvia Faggin Foundation Inc
How much does Federico and Elvia Faggin Foundation Inc give each year?
Federico and Elvia Faggin Foundation Inc gave $747K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $484K across 8 grants.
What is Federico and Elvia Faggin Foundation Inc's typical grant size?
Federico and Elvia Faggin Foundation Inc's median grant in 2024 was $20,250, and its average grant was $62,250, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Federico and Elvia Faggin Foundation Inc that year got $54K on average.
Where does Federico and Elvia Faggin Foundation Inc give grants?
Federico and Elvia Faggin Foundation Inc's top state is Washington, with 44% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (43%) and Virginia (7%).
Does Federico and Elvia Faggin Foundation Inc give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on Federico and Elvia Faggin Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Public" (12 grants).
Who are Federico and Elvia Faggin Foundation Inc's largest grantees?
Federico and Elvia Faggin Foundation Inc's largest 2024 grantees include University of Washington ($330,000), Uc Santa Cruz ($125,000) and The UCLA Foundation ($85,000), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.
How large is Federico and Elvia Faggin Foundation Inc?
Federico and Elvia Faggin Foundation Inc reported $13.1M in total assets on its 2024 IRS Form 990-PF. It paid out $754K in qualifying distributions that year, against a required minimum of $572K (roughly 5% of its investment assets).
What does Federico and Elvia Faggin Foundation Inc fund?
No mission statement is provided. The 2024 grants show support for varied organizations. For example, the American Computer Museum says its mission is to collect, preserve, interpret, and display artifacts and history of the information age. See mission & focus areas ↑
How do I apply for a grant from Federico and Elvia Faggin Foundation Inc?
The filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Federico and Elvia Faggin Foundation Inc's EIN?
Federico and Elvia Faggin Foundation Inc's EIN (Employer Identification Number) is 45-1027778. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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