FTHREE Foundation
FTHREE Foundation is a private foundation based in Carrollton, Georgia. Its 2024 filing records grants to organizations working in areas including journalism, civic engagement, democracy, education, and social justice; the filing does not state a specific foundation mission.
FTHREE Foundation at a glance
In short: FTHREE Foundation gave $1.9M across 102 grants in 2024 (avg $18K), top state California. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,880,500
- +19.6% vs 2023
- Grants made (2024)
- 102
- +12.1% vs 2023
- Average grant
- $18,436
- +6.7% vs 2023
- Median grant
- $5,000
- Total assets
- $30,358,299
- -0.1% vs 2023
- New grantees (estimate)
- 25% first-time grantees (26 of 102, 2024)
- Primary geography
- California (40% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to FTHREE Foundation
- How to Apply
-
The 2024 filing names Allison Domicone as program officer and directs readers to the foundation’s website for guidelines and information about application materials, deadlines, and award restrictions. The filing does not provide a specific deadline.
- Contact
Application contact: Allison Domicone Program Officer
Mailing address: 595 Market St Suite 820, San Francisco, CA 94105
Phone: (415) 837-5408
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who FTHREE Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Center for Investigative Reporting ($100K). Together the top 10 received $765K.
Grant Size Distribution
483 grants across all recorded years
The most common grant size was under $50K: 406 grants of 483 (84%).
Geographic Focus
Where this funder awards grants
The largest shares of 2024 grant dollars went to recipients in California (40%), Washington, DC (30%), New York (12%), Massachusetts (7%), and Arizona (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 102 itemized grants.
States
Cities
Is FTHREE Foundation open to new grantees?
25%
first-time grantees, 2024
In 2024, 26 of 102 grantees (25%) were first-time recipients. First grants averaged $13K; repeat grants $20K. How we count
Medians: $5K first-time, $5K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving grew 38% from 2021 to 2024. Method
- In 2024 it paid out 145% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $1.9M (2024). In 2024 it made 102 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Center for Investigative Reporting Emeryville, CA | General Support | $100,000 |
| Kqed Inc San Francisco, CA | General Support and Support for Campaign 21 | $100,000 |
| Marin Promise Partnership San Rafael, CA | General Support | $100,000 |
| Howard University Washington, DC | General Support | $85,000 |
| Maplight Berkeley, CA | General Support | $85,000 |
| Campaign Legal Center Washington, DC | General Support | $75,000 |
| Issue One Washington, DC | General Support | $60,000 |
| Proteus Fund Amherst, MA | General Support for Piper Fund | $60,000 |
| Brennan Center for Justice New York, NY | General Support | $50,000 |
| Calmatters Sacramento, CA | General Support | $50,000 |
Ready to take the next step with FTHREE Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $30,358,299 | $2,641,465 | $2,502,658 | $1,880,500 | 102 | $2,114,437 | $2,373,684 | $1,461,437 |
| 2023 | $30,403,505 | $8,825,450 | $1,969,163 | $1,572,000 | 91 | $1,757,556 | $8,213,843 | $1,129,779 |
| 2022 | $20,998,449 | $1,718,399 | $1,896,443 | $1,543,500 | 90 | $1,709,248 | $1,531,204 | $1,062,429 |
| 2021 | $23,413,990 | $2,972,198 | $1,665,901 | $1,365,000 | 97 | $1,477,667 | $2,783,964 | $1,018,678 |
| 2020 | $20,347,706 | $1,363,579 | $1,658,925 | $1,349,500 | 103 | — | $1,172,667 | $890,164 |
Under IRS private-foundation payout rules, FTHREE Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The filing does not state a mission or defined funding priorities. Its 2024 grants show support for organizations with varied missions. For example, KQED describes its work as providing community-supported media and civic information to Northern California; Marin Promise Partnership says it works to close educational opportunity gaps in Marin County; and MapLight says it reveals the influence of money in politics and advances reforms for a more responsive democracy.
Other 2024 grantees describe work in political reform and civic education. Issue One says it educates the public, engages Congress, and advocates for political-system reforms, while iCivics says it provides civic and history resources for teachers and students. Proteus Fund describes its work as connecting philanthropy to social justice movements, including racial, gender, queer, and disability justice.
Grantmaking
In 2024, FTHREE Foundation awarded 102 grants totaling $1,880,500. Grants ranged from $500 to $100,000, with a median grant of $5,000.
Among its largest 2024 grants were $100,000 each to the Center for Investigative Reporting, KQED, and Marin Promise Partnership; $85,000 each to Howard University and MapLight; and $75,000 to Campaign Legal Center. Other notable grants included $60,000 each to Issue One and Proteus Fund, and $50,000 each to Brennan Center for Justice, CalMatters, Defending Democracy Together Institute, and iCivics.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Nancy Richards Farese as president; Dr. Robert V. Farese Jr. as secretary/treasurer; and Julie Shafer and Conor Farese as board members.
FTHREE Foundation is led by Nancy Richards Farese, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Nancy Richards Farese
President
On filings since 2020
1 hr/week
No compensation reported
Conor Farese
Board Member
On filings since 2020
1 hr/week
No compensation reported
Julie Shafer
Board Member
On filings since 2020
1 hr/week
No compensation reported
Robert V. Farese Jr.
Secretary & Treasurer
On filings since 2020
1 hr/week
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.
Frequently asked questions about FTHREE Foundation
How much does FTHREE Foundation give each year?
FTHREE Foundation gave $1.9M across 102 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.6M across 91 grants.
What is FTHREE Foundation's typical grant size?
FTHREE Foundation's median grant in 2024 was $5,000, and its average grant was $18,436, across 102 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from FTHREE Foundation that year got $13K on average.
Where does FTHREE Foundation give grants?
FTHREE Foundation's top state is California, with 40% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (30%) and New York (12%). The most frequent recipient cities were San Francisco, CA (25 grants), Washington, DC (16 grants), New York, NY (9 grants) and San Rafael, CA (5 grants).
Does FTHREE Foundation give general operating support?
Yes: 86% of FTHREE Foundation's 2024 grants with a stated purpose (88 of 102) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are FTHREE Foundation's largest grantees?
FTHREE Foundation's largest 2024 grantees include Center for Investigative Reporting ($100,000), Kqed Inc ($100,000) and Marin Promise Partnership ($100,000), according to its 2024 IRS Form 990-PF. Together they received 16% of its itemized 2024 grant dollars.
How large is FTHREE Foundation?
FTHREE Foundation reported $30.4M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets).
What does FTHREE Foundation fund?
The filing does not state a mission or defined funding priorities. Its 2024 grants show support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from FTHREE Foundation?
The 2024 filing names Allison Domicone as program officer and directs readers to the foundation’s website for guidelines and information about application materials, deadlines, and award restrictions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is FTHREE Foundation's EIN?
FTHREE Foundation's EIN (Employer Identification Number) is 94-3376857. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). FTHREE Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/fthree-foundation-morg_1becbe87d4c74e58bcc1b17670465ead
BibTeX
@misc{grantable_943376857_2026,
author = {{Grantable}},
title = {{FTHREE Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/fthree-foundation-morg_1becbe87d4c74e58bcc1b17670465ead},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from FTHREE Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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