The Faith Foundation Inc
The Faith Foundation Inc is a private foundation, based in SALEM, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63.0M in total assets. In 2024, it awarded 1 grants totaling $400K. Net investment income was $2.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$63.0M
+0.8% YoY
Annual Giving
$400K
+128.2% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$400K
+356.4% YoY
Under IRS private-foundation payout rules, The Faith Foundation Inc reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
About The Faith Foundation Inc
Based on IRS filings
The Faith Foundation Inc is a private foundation, based in SALEM, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63.0M in total assets. In 2024, it awarded 1 grants totaling $400K. Net investment income was $2.4M.
Ready to take the next step with The Faith Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $62,950,867 | $62,424,090 | $57,635,119 |
| Revenue | $4,420,946 | $5,088,964 | $3,631,273 |
| Expenses | $494,169 | $299,993 | $203,066 |
| Qualifying Distributions | $420,000 | $7,199,866 | $2,837,420 |
| Net Investment Income | $2,446,777 | $1,588,837 | $1,386,926 |
| Distributable Amount | $2,093,846 | $3,105,016 | $2,816,344 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Trinity Lutheran Church ($400,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Trinity Lutheran Church Dallas, OR | Pay off loan | $400,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard Faith | President | 5 | — |
| Daniel Kerr | Sec / Tres | 25 | $60,000 |
| Jennifer Rowland | VP | 1 | — |
| Jodie Ross | VP | 1 | — |
| Sandra Sato | VP | 1 | — |
Frequently Asked Questions
How large is The Faith Foundation Inc?
As of 2024, The Faith Foundation Inc holds $63.0M in total assets with $4.4M in annual revenue. It awarded 1 grants totaling $400K in 2024.
Where does The Faith Foundation Inc operate?
The Faith Foundation Inc has awarded grants in Oregon.
What size grants does The Faith Foundation Inc award?
In 2024, The Faith Foundation Inc awarded 1 grants totaling $400K — an average of about $400K per grant, based on its IRS Form 990 filings.
How much is The Faith Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Faith Foundation Inc reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Faith Foundation Inc's EIN?
The Faith Foundation Inc's EIN (Employer Identification Number) is 93-1115227. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Faith Foundation Inc'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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