The Farkas Family Foundation
The Farkas Family Foundation is a private foundation based in Charlottesville, Virginia. Established in 2000, the foundation operates as a 501(c)(3) organization with a focus on grantmaking in education, philanthropy, voluntarism, and human services.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.7M
-26.8% YoY
Annual Giving
$4.1M
+520.4% YoY
Grant Count
7
-80.0% YoY
Avg Grant Size
$585K
+3001.9% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation primarily directs funding toward Virginia and Washington.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Virginia and Washington.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2025:
- Total assets: $5,735,914
- Total revenues: $2,152,652
- Total expenses: $4,243,059
- Investment income and dividends: $273,579
- Net gain from sale of non-inventory assets: $1,817,538
- Miscellaneous revenues: $61,535
Number of employees: 0
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,735,914 | $7,831,125 | $8,246,075 |
| Revenue | $2,152,652 | $407,672 | $575,775 |
| Expenses | $4,243,059 | $803,144 | $758,411 |
| Qualifying Distributions | $4,094,500 | $660,000 | $626,000 |
| Net Investment Income | $255,254 | $351,249 | $202,867 |
| Distributable Amount | $555,569 | $575,650 | $574,751 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GAIL MUNGER | TRUSTEE | — | $40,000 |
Contact Information
Address: 780 Broomley Road Charlottesville, VA 22901-7830
Telephone: 434-823-5772
EIN: 06-1593377
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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