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EIN 75-6016679

The Fain Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wichita Falls
State
Texas
Year formed
1943
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Fain Foundation is a private foundation that primarily funds the operating budget, capital campaign, equipment, capital improvements, vocation program, therapeutic treatment, texoma gives, teen court, summer program, and storage for grantees like Hospice of Wichita Falls. The foundation made 70 grants last year and is located in Wichita Falls, TX.
Total revenues
$1,646,486
2023
Total expenses
$1,627,405
2023
Total assets
$8,303,599
2023
Num. employees
0
2023

Grants made by The Fain Foundation

GranteeGrant descriptionAmount
Boys and Girls Clubs of Wichita Falls (BGCWF)Pledge - Capital Improvements$250,000
Camp Fire - North TexasOperating Budget$75,000
Downtown Wichita Falls DevelopmentOperating Budget$25,000
...and 46 more grants made totalling $781,800

Personnel at The Fain Foundation

NameTitleCompensation
Martha FainPresident$24,000

Financials for The Fain Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$289,528
Net rental income$0
Net gain from sale of non-inventory assets$1,292,669
Gross sales of inventory$0
Miscellaneous revenues$64,289
Total revenues$1,646,486

Form 990s for The Fain Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990PFView PDF
2022-122023-05-24990PFView PDF
2021-122022-05-05990PFView PDF
2020-122021-07-14990PFView PDF
2019-122021-05-03990PFView PDF
...and 8 more Form 990s
Data update history
July 11, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 22, 2022
Posted financials
Added Form 990PF for fiscal year 2020
July 21, 2022
Updated personnel
Identified 5 new personnel
July 21, 2022
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
807 8th St 2nd Floor
Wichita Falls, TX 76301
Metro area
Wichita Falls, TX
County
Wichita County, TX
Phone
(940) 322-4436
IRS details
EIN
75-6016679
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1943
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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