The Mary Kay and James D Farley Fund

CHICAGO, IL EIN: 31-1590199

The Mary Kay and James D Farley Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 12 grants totaling $150K. Net investment income was $196K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

+1.0% YoY

Annual Giving

$150K

-6.3% YoY

Grant Count

12

-33.3% YoY

Avg Grant Size

$13K

+40.6% YoY

Under IRS private-foundation payout rules, The Mary Kay and James D Farley Fund reported a distributable amount of $182K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mary Kay and James D Farley Fund

Based on IRS filings

The Mary Kay and James D Farley Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 12 grants totaling $150K. Net investment income was $196K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

Ann ArborChicagoClearwaterDetroitEvanstonGreenwichHarbor SpringsHopeIthacaMinneapolisNew YorkNew York CityPetoskeySouthfieldSurpriseTampaVeniceWashingtonWoodburyYpsilanti

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$105K$211K$316K$422K20202021202220232024
Metric202420232022
Total Assets$3,164,695$3,132,175$3,202,278
Revenue$211,719$116,592$90,395
Expenses$179,246$184,992$226,126
Qualifying Distributions$164,669$171,578$213,569
Net Investment Income$196,211$102,593$94,768
Distributable Amount$181,645$166,504$174,025

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grants202019 grants202117 grants202218 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

POPE FRANCIS CENTER$50KTHE ARC TAMPA BAY FOUNDA…$25KSACRED HEART CATHOLIC CH…$20KFRIENDSHIP CENTER OF HAR…$10KSOCIETY OF ST VINCENT DE…$10KCATHOLIC CHARITIES OF SO…$5KCATHOLIC CHARITIES COMMU…$5KCORNELL CATHOLIC COMMUNITY$5KCORNELL UNIVERSITY$5KHOLY CHILDHOOD OF JESUS …$5K

Grant Size Distribution

67 grants across all recorded years

63<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Pope Francis Center ($50,000), The Arc Tampa Bay Foundation ($25,000), Sacred Heart Catholic Church ($20,000).

RecipientPurposeAmount
CATHOLIC CHARITIES OF SOUTHEAST MICHIGAN SOUTHFIELD, MITO SUPPORT THE ORGANIZATION$5,000
CATHOLIC CHARITIES COMMUNITY SERVICES ARCHDIOCESE OF NEW YORK NEW YORK, NYTO SUPPORT THE ORGANIZATION$5,000
CORNELL CATHOLIC COMMUNITY ITHACA, NYTO SUPPORT THE ORGANIZATION$5,000
CORNELL UNIVERSITY ITHACA, NYTO SUPPORT THE ORGANIZATION$5,000
FRIENDSHIP CENTER OF HARBOR SPRINGS HARBOR SPRINGS, MITO SUPPORT THE ORGANIZATION$10,000
HOLY CHILDHOOD OF JESUS CATHOLIC CHURCH HARBOR SPRINGS, MITO SUPPORT THE ORGANIZATION$5,000
INTENTIONAL COMMUNITIES OF WASHTENAW COUNTY ANN ARBOR, MITO SUPPORT THE ORGANIZATION$5,000
SACRED HEART CATHOLIC CHURCH TAMPA, FLTO SUPPORT THE ORGANIZATION$20,000
SOCIETY OF ST VINCENT DE PAUL - TWIN CITIES MINNEAPOLIS, MNTO SUPPORT THE ORGANIZATION$10,000
THE ARC TAMPA BAY FOUNDATION CLEARWATER, FLTO SUPPORT THE ORGANIZATION$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FRANCES ANNE FARLEYDIRECTOR / PRESIDENT1
JAMES D FARLEY JRTREASURER1
ANDREW E FARLEYDIRECTOR / VP1
PATRICK SNABESDIRECTOR1
DARRYL STEPHEN SNABESDIRECTOR1
ANNE SNABESDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mary Kay and James D Farley Fund?

The Mary Kay and James D Farley Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $3.2M in total assets as of 2024.

How large is The Mary Kay and James D Farley Fund?

As of 2024, The Mary Kay and James D Farley Fund holds $3.2M in total assets with $212K in annual revenue. It awarded 12 grants totaling $150K in 2024.

Where does The Mary Kay and James D Farley Fund operate?

The Mary Kay and James D Farley Fund has awarded grants in Arizona, Connecticut, District of Columbia, Florida, Illinois, Maine, Michigan, Minnesota, New Jersey, New York.

What size grants does The Mary Kay and James D Farley Fund award?

In 2024, The Mary Kay and James D Farley Fund awarded 12 grants totaling $150K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is The Mary Kay and James D Farley Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mary Kay and James D Farley Fund reported a distributable amount of $182K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mary Kay and James D Farley Fund's EIN?

The Mary Kay and James D Farley Fund's EIN (Employer Identification Number) is 31-1590199. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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