Richard M. Fairbanks Foundation



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NPower Indiana

An Independent Private Foundation Granting Funds to Qualifying Nonprofit Organizations

The Richard M. Fairbanks Foundation, Inc. was established in 1986 by Richard M. Fairbanks, founder and owner of Fairbanks Communications, Inc. Learn more >>


Areas of Interest

The areas of interest of the Richard M. Fairbanks Foundation (sometimes referred to as the Fairbanks Foundation) are:

    • Health
    • The Vitality of Indianapolis, and 
    • Sustainable Employment

 

Geographic Information

Grants are awarded to support nonprofit organizations, programs and projects in greater Indianapolis, Indiana, USA. Exceptions to this geographic limitation are normally made only for organizations historically supported by the Fairbanks family or for national disasters.

Financial Overview

In 2008, the Richard M. Fairbanks Foundation awarded 130 grants totaling $18,327,071 and paid 145 grants totaling $17,249,693. Total assets of the Foundation as of December 31, 2008, were $255,482,633.

Grants awarded in 2008 were allocated across these funding categories:

    • Health - $10,422,993 or 56.9%
    • The Vitality of Indianapolis - $6,065,000 or 33.1%
    • Sustainable Employment - $1,435,000 or 7.8%, and
    • Other/Memberships/Industry Support - $404,078 or 2.2%

 2008 RMFF Graph