The FARO Foundation is a private foundation established in 2004 and based in Los Angeles, California. The organization operates as a 501(c)(3) entity and engages in philanthropic grantmaking across multiple states and focus areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+85.6% YoY
Annual Giving
$1.3M
-35.7% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$144K
-14.2% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts
- Creative Writing
- Historic Buildings
- Journalism
- Animal Rescue
Grantmaking
The foundation's expenses ($2,078,072) have exceeded its revenue ($1,433,745), indicating significant grant distribution activity relative to annual income.
Grant Range
$720
Average Grant
$720
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. states and cities, including:
- California: Agua Dulce, Calabasas, Encino, Los Angeles, Pasadena, San Francisco
- New York: Brooklyn, New York
- Massachusetts: Lenox
- Hawaii: Kaneohe, Kapolei
Primary geographic focus areas include California, New York, Massachusetts, and Hawaii.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving:
- Total assets: $862,483 (most recent filing)
- Total assets (alternative source): $1,600,383
- Annual grants awarded: $2,078,072 (expenses)
- Annual revenue: $1,433,745
- Expense ratio: 144.9% of total revenue spent on programs
Contact Information:
- Address: 1880 Century Park East, 16th Floor, Los Angeles, CA 90067-1600
- Telephone: 310-556-2266
- EIN: 27-6020872
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,600,383 | $862,483 | $1,355,597 |
| Revenue | $2,263,355 | $1,433,745 | $1,464,123 |
| Expenses | $1,351,524 | $2,078,072 | $960,728 |
| Qualifying Distributions | $1,292,500 | $2,009,000 | $905,000 |
| Net Investment Income | $63,369 | $458,595 | $621,294 |
| Distributable Amount | $63,798 | $52,701 | $59,141 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Paul Knell serves as a trustee of the foundation, dedicating 3 hours to the role and serving without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL KNELL | TRUSTEE | 3 | — |
Recent News & Activity
Recent developments and announcements
Recent grant announcements indicate the foundation's active engagement in community funding:
$25,000 in FARO grants awarded to community-led projects across Reading$25,000 in FARO grants awarded to community-led projects across Reading
$25,000 in FARO grants awarded to community-led projects across ReadingFARO donations supporting STEM projects through The Foundation for Seminole County Public Schools
FARO Donates Funds for STEM Projects - The Foundation for Seminole CountySubject 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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