Fekete Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 6 grants totaling $450K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-21.7% YoY
Annual Giving
$450K
+500.0% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$75K
+200.0% YoY
Under IRS private-foundation payout rules, Fekete Foundation reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.
About Fekete Foundation
Based on IRS filings
Fekete Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 6 grants totaling $450K. Net investment income was $29K.
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 | $1,376,339 | $1,757,190 | $1,800,905 |
| Revenue | $69,149 | $31,285 | $18,997 |
| Expenses | $450,000 | $75,000 | $93,500 |
| Qualifying Distributions | $450,000 | $75,000 | $91,000 |
| Net Investment Income | $29,428 | $31,285 | $18,997 |
| Distributable Amount | $91,383 | $98,754 | $96,109 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 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 include Emory ($200,000), Ignatius House Jesuit Retreat Cente ($150,000), Manna Foodbank ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EMORY ATLANTA, GA | HEALTHCARE RESEARCH | $200,000 |
| IGNATIUS HOUSE JESUIT RETREAT CENTE SANDY SPRINGS, GA | RELIGIOUS DONATION | $150,000 |
| MANNA FOODBANK MILLS RIVER, NC | FOOD BANK - CHARITABLE | $25,000 |
| SCIENCE ATL INC DECATUR, GA | EDUCATIONAL | $25,000 |
| LIFELINE ANIMAL PROJECT ATLANTA, GA | CHARITABLE - ANIMAL SHELTER | $25,000 |
| HORIZONS AT CAROLINA DAY SCHOOL ASHEVILLE, NC | EDUCATION | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL FEKETE | PRESIDENT | — | — |
| CHRISTOPHER TOWNSEND | CFO | — | — |
| SARA WILLIAMS MCDANIEL | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fekete Foundation?
Fekete Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. It holds $1.4M in total assets as of 2024.
How large is Fekete Foundation?
As of 2024, Fekete Foundation holds $1.4M in total assets with $69K in annual revenue. It awarded 6 grants totaling $450K in 2024.
Where does Fekete Foundation operate?
Fekete Foundation has awarded grants in Georgia, Maryland, North Carolina, Ohio.
What size grants does Fekete Foundation award?
In 2024, Fekete Foundation awarded 6 grants totaling $450K — an average of about $75K per grant, based on its IRS Form 990 filings.
How much is Fekete Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fekete Foundation reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fekete Foundation's EIN?
Fekete Foundation's EIN (Employer Identification Number) is 85-4058322. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Fekete Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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