Fara Foundation
Preselected recipients only
Fara Foundation is a private foundation in Austin, Texas. In tax year 2024 it gave $60,690 in 11 grants; the typical grant was $2,500 and the largest $26,390. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$60,690
- Number of grants11
- Typical grant$2,500
- Largest grant$26,390
- Assets$19.1 million
- New grantees64%
Giving in 2024 was down from $135,000 the year before.
64% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $135,000 | 8 | $16.2 million |
| 2024 | $60,690 | 11 | $19.1 million |
How to apply
Fara Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Fara Foundation funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 11 | $60,690 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Solstice Senior Living | Support | $26,390 |
| Ut Austin-Literacy First | Support | $7,500 |
| Tarleton State University | Support | $5,300 |
| God's People Helping People | Support | $5,000 |
| Ramjaane Josua Foundation | Support | $2,500 |
| Jeremiah Program | Support | $2,500 |
| Hope Medical Clinic | Support | $2,500 |
| Mission Possible Austin | Support | $2,500 |
| Operation Game Thief | Support | $2,500 |
| More Than Welcome | Support | $2,500 |
| St David's Foundation | Support | $1,500 |
Officers and trustees
- Manny Farahani
- Maria Farahani
- Daniel Farahani
- Leila Farahani
- William T Beil
- Steve Bowers
- Michael Grimes
- William Troutt
Questions people ask
Does Fara Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Fara Foundation give?
$60,690 in tax year 2024, across 11 grants, with a typical grant of $2,500.
Who runs Fara Foundation?
Its 2024 filing lists Manny Farahani (President), Maria Farahani (Executive Dir.), Daniel Farahani (Director) and Leila Farahani (Director) among 8 officers and trustees.
What does Fara Foundation fund?
Based on its grants, mainly education.