First Fruits
First Fruits is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Santa Fe, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $17.
Key facts about First Fruits
- EIN
- 68-0534327
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $4,390
- Grants made (2024)
- 2
- Average grant
- $2,195
- Median grant
- $2,195
- Total assets
- $34,424
- Primary geography
- New Mexico (82% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How First Fruits gives
- Giving grew 733% from 2021 to 2024. Method
- In 2024 it paid out 259% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with First Fruits
- How to evaluate First Fruits as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$34K
-11.2% YoY
Annual Giving
$4K
+204.9% YoY
Grant Count
2
-50.0% YoY
Avg Grant Size
$2K
+509.7% YoY
Under IRS private-foundation payout rules, First Fruits reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About First Fruits
Based on IRS filings
First Fruits is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Santa Fe, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $17.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,424 | $38,787 | $40,208 |
| Revenue | $27 | $19 | $13 |
| Expenses | $4,390 | $1,440 | $980 |
| Qualifying Distributions | $4,390 | $1,440 | $980 |
| Net Investment Income | $17 | $19 | $13 |
| Distributable Amount | $1,693 | $1,841 | $1,880 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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 2 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The Light at Mission Viejo ($3,600), Padrino Childrens Foundation ($790).
| Recipient | Purpose | Amount |
|---|---|---|
| The Light at Mission Viejo Santa Fe, NM | General Support | $3,600 |
| Padrino Childrens Foundation San Diego, CA | General Support | $790 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Laurel Taub | Director, President | 1 | — |
| Lawrence Taub | Director, VP, Sec Treas | 1 | — |
| Samuel Taub | Director | 1 | — |
| Celia Taub | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is First Fruits?
First Fruits is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Santa Fe, NM. It holds $34K in total assets as of 2024.
How large is First Fruits?
As of 2024, First Fruits holds $34K in total assets with $27 in annual revenue. It awarded 2 grants totaling $4K in 2024.
Where does First Fruits operate?
First Fruits has awarded grants in California, New Mexico.
What size grants does First Fruits award?
In 2024, First Fruits awarded 2 grants totaling $4K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is First Fruits required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, First Fruits reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is First Fruits's EIN?
First Fruits's EIN (Employer Identification Number) is 68-0534327. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.