The Fain Foundation
The Fain Foundation is a private foundation based in an individual recipient, Texas. Its 2025 filing says it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
The Fain Foundation at a glance
In short: The Fain Foundation gave $1.4M across 85 grants in 2025 (avg $16K), mostly in Texas. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,400,867
- -37.5% vs 2024
- Grants made (2025)
- 85
- +3.7% vs 2024
- Average grant
- $16,481
- -39.7% vs 2024
- Median grant
- $10,000
- Total assets
- $7,272,857
- -5.8% vs 2024
- New grantees (estimate)
- 15% first-time grantees (11 of 72, 2025)
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Fain Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 807 8Th Street 2Nd Floor, Wichita Falls, TX 76301-3381
Phone: (940) 322-4436
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Fain Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was YMCA ($333K). Together the top 10 received $800K.
Organizations only. It also paid 1 grant to individuals ($3,500), which are not listed by name.
Grant Size Distribution
371 grants across all recorded years
The most common grant size was under $50K: 345 grants of 371 (93%).
Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to recipients in Texas.
Grant Distribution by State
Share of 2025 grant dollars across all 85 itemized grants.
Cities
Is The Fain Foundation open to new grantees?
15%
first-time grantees, 2025
In 2025, 11 of 72 grantees (15%) were first-time recipients. First grants averaged $9K; repeat grants $21K. How we count
Medians: $10K first-time, $10K repeat.
- 74% of 2025 grantees were also funded in 2024. Method
- Giving grew 159% from 2022 to 2025. Method
- In 2025 it paid out 251% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $541K (2022) to $2.2M (2024). In 2025 it made 85 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YMCA Wichita Falls, TX | McCoy Aquatics Center | $333,334 |
| Wichita Falls Area Community Foundation Wichita Falls, TX | Endowment | $83,333 |
| Art's Council Wichita Falls Area Kemp Center for the Arts Wichita Falls, TX | Sculpture Garden | $50,000 |
| Camp Fire North Texas Wichita Falls, TX | Operating Budget | $50,000 |
| Midwestern State University Wichita Falls, TX | Military Scholarship | $50,000 |
| United Regional Foundation Wichita Falls, TX | Stealth Station | $50,000 |
| Peyton's Project Wichita Falls, TX | Spurs & Pearls Event Sponsor | $30,000 |
| Downtown Wichita Falls Development Inc Wichita Falls, TX | Operating Budget | $25,000 |
| Senior Citizens Center of Wichita Falls Wichita Falls, TX | Meals on Wheels | $25,000 |
| Smart Athletics - Titus Outreach Wichita Falls, TX | Operating Budget | $25,000 |
Ready to take the next step with The Fain 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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,272,857 | $1,219,167 | $1,661,286 | $1,400,867 | 85 | $1,501,867 | $1,065,559 | $598,832 |
| 2024 | $7,718,695 | $1,896,097 | $2,470,257 | $2,242,167 | 82 | $2,313,667 | $1,764,166 | $601,481 |
| 2023 | $8,303,599 | $1,646,486 | $1,627,405 | $1,397,133 | 82 | $1,471,883 | $1,512,631 | $617,982 |
| 2022 | $8,270,501 | $870,578 | $763,899 | $541,200 | 45 | $614,200 | $731,267 | $670,346 |
| 2021 | $8,167,588 | $1,033,073 | $1,753,833 | $1,502,966 | 77 | $1,586,966 | $878,472 | $747,452 |
| 2020 | $8,884,582 | $726,709 | $1,689,455 | $1,487,667 | 70 | — | $596,208 | $687,069 |
Under IRS private-foundation payout rules, The Fain Foundation reported a distributable amount of $599K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable activities. The grantees describe their own missions in varied terms: Camp Fire North Texas says it builds “caring, confident youth and future leaders”; the an individual recipient Area Food Bank says it works to strengthen communities against hunger through food, education, and advocacy; and the an individual recipient Symphony Orchestra says it promotes symphonic music to enrich, educate, and entertain audiences through concerts and educational programs.
Other 2025 recipients include Peyton’s Project, which says it raises awareness about venomous snakes and supports medically related interventions, and an individual recipient Development Inc, which says it educates the public about downtown, helps attract investors, and organizes events.
Grantmaking
In filing year 2025, the foundation reported 85 grants totaling $1,400,867. Grant amounts ranged from $1,000 to $333,334, with a median of $10,000.
The largest reported 2025 grant was $333,334 to the YMCA in an individual recipient for the McCoy Aquatics Center. Other notable awards included $83,333 to the an individual recipient Area Community Foundation for an endowment; $50,000 each to the an individual recipient Area Kemp Center for the Arts for a sculpture garden, Camp Fire North Texas for its operating budget, Midwestern State University for a military scholarship, and United Regional Foundation for Stealth Station.
Additional 2025 grants included $30,000 to Peyton’s Project for the Spurs & Pearls Event Sponsor; $25,000 each to an individual recipient Development Inc for its operating budget, Senior Citizens Center of an individual recipient for Meals on Wheels, Smart Athletics - Titus Outreach for its operating budget, and the an individual recipient Area Food Bank for Good Buy Hunger.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Martha Fain as President, Treasurer & Director; Mac W Cannedy Jr as Vice-President, Secretary & Director; and Dennis D Cannedy, Ann Kelly, and John M Kelly as Directors.
The Fain Foundation is led by Martha Fain, President, Treasurer & Director on every filing since 2020; all 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Martha Fain
President, Treasurer & Director
On filings since 2020
2 hrs/week
$20K (2020) → $30K (2025)
Ann Kelly
Director
On filings since 2020
2 hrs/week
$20K (2020) → $30K (2025)
Dennis D Cannedy
Director
On filings since 2020
2 hrs/week
$20K (2020) → $30K (2025)
John M Kelly
Director
On filings since 2020
2 hrs/week
$20K (2020) → $30K (2025)
Mac W Cannedy Jr.
Vice President, Secretary & Director
On filings since 2020
2 hrs/week
$20K (2020) → $30K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $30K, to Martha Fain (President, Treasurer & Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about The Fain Foundation
How much does The Fain Foundation give each year?
The Fain Foundation gave $1.4M across 85 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.2M across 82 grants.
What is The Fain Foundation's typical grant size?
The Fain Foundation's median grant in 2025 was $10,000, and its average grant was $16,481, across 85 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Fain Foundation that year got $9K on average.
Where does The Fain Foundation give grants?
The Fain Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Wichita Falls, TX (69 grants), Irving, TX (2 grants), Burkburnett, TX (2 grants) and Vernon, TX (2 grants).
Does The Fain Foundation give general operating support?
Yes: 38% of The Fain Foundation's 2025 grants with a stated purpose (32 of 85) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Fain Foundation's largest grantees?
The Fain Foundation's largest 2025 grantees include YMCA ($333,334), Midwestern State University ($98,500 across 5 grants) and Wichita Falls Area Community Foundation ($83,333), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($3,500), which are not listed by name. Together they received 37% of its itemized 2025 grant dollars.
How large is The Fain Foundation?
The Fain Foundation reported $7.3M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $599K (roughly 5% of its investment assets).
What does The Fain Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable activities. See mission & focus areas ↑
How do I apply for a grant from The Fain Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Fain Foundation's EIN?
The Fain Foundation's EIN (Employer Identification Number) is 75-6016679. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Fain Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 30, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Fain Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Fain Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Fain Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-fain-foundation-morg_235b5d961e364fcb87e8b2f16794b619
BibTeX
@misc{grantable_756016679_2026,
author = {{Grantable}},
title = {{The Fain Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-fain-foundation-morg_235b5d961e364fcb87e8b2f16794b619},
note = {Accessed 2026-10-18. 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 The Fain 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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