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FARA FOUNDATION

AUSTIN, TX 274804960 WWW.FARAFOUNDATION.ORG

The FARA Foundation, with assets of $15.9 million, funds projects in multiple U.S. cities and states, led by a volunteer leadership team based in Austin, Texas.

Overview

About FARA FOUNDATION

The FARA Foundation, based in Austin, Texas, is a philanthropic organization with assets totaling $15,883,700. It operates with an annual revenue of $3,632,842 and expenses amounting to $795,005. The foundation is involved in funding initiatives across several cities, including Austin, Fort Worth, Manor, New Orleans, New York, Seguin, and San Antonio, and in states such as Louisiana, New York, and Texas. The foundation's leadership team includes Manny Farahani as President, Maria Farahani as Executive Director, and several directors including Daniel Farahani, Leila Farahani, William T. Beil, Steve Bowers, and Michael Grimes, who serves as Treasurer. Notably, all members of the leadership team work on a voluntary basis, receiving no compensation for their roles. The foundation's website is www.farafoundation.org.

Focus areas

N/A

Geographic focus

LANYTX
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key statistics
Total Assets $15.9M
Total Awarded This Year $135K
Average Grant Size $17K
Total Grants (Previous Year) 1,294
Open to New Applicants
false
% New Applicants Funded
0%
Contact information
AUSTIN, TX, US
Geographic Funding Distribution

Financials

Total assets
$15,883,700

in 2024, compared to $13,036,157 in 2023

Annual grants
$135,000

8 grants awarded in 2024

Program expenses
85%

Of total expenses go to programs

Annual grant distribution
Revenue vs expenses
Assets over time

Grants

Grant awards
PurposeLocation
$100,000TURKEYSYRIA EARTHQUAKE RELIEFSUPPORT125 MAIDEN LANE NEW YORK, NY US2024
$15,000INKIND INCSUPPORT8332 MESA DRIVE AUSTIN, TX US2023
$10,000American Red CrossSupport2218 Pershing Drive Austin, TX US2022
$10,000INKIND INCSUPPORT8332 MESA DRIVE AUSTIN, TX US2024
$10,000TEXAS LUTHERAN UNIVERSITYSUPPORT100 W COURT STREET SEGUIN, TX US2024
$5,000AVANCE IncSupport118 North Media Street San Antonio, TX US2022
$5,000UT Austin - Literacy FirstSupportPO Box 7458 Austin, TX US2022
$5,000Ramjaane Josua FoundationSupport19912 Grover Cleveland Way Manor, TX US2022
$5,000RAMJAANE JOSUA FOUNDATIONSUPPORT19912 GROVER CLEVELAND WAY MANOR, TX US2023
$5,000JERIMIAH PROGRAMSUPPORT1200 PAUL TERESA SALDANA STREET AUSTIN, TX US2024
20 row(s) total.

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People

Leadership & staff

Compensation data from most recent available 990 forms

Title
MF
Manny Farahani
President$02022
MF
Maria Farahani
Exec Dir$02022
DF
Daniel Farahani
Director$02022
LF
Leila Farahani
Director$02022
WTB
William T Biel
Director$02022
SB
Steve Bowers
Director$02022
MF
MANNY FARAHANI
President$02023
MF
MARIA FARAHANI
Executive Dir.$02023
DF
DANIEL FARAHANI
Director$02023
LF
LEILA FARAHANI
Director$02023
19 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025