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
- Sustainable Employment, and
- Organizations historically supported by the Fairbanks family.
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 2007, the Richard M. Fairbanks Foundation awarded 115 grants totaling $20,252,959 and paid 139 grants totaling $20,992,205. Total assets of the Foundation as of December 31, 2007, were $373,978,151.
Grants awarded in 2007 were allocated across these funding categories:
- Health - $10,966,677or 54.1%
- The Vitality of Indianapolis - $8,020,148 or 39.6%
- Sustainable Employment - $874,738 or 4.3%, and
- Other/Memberships/Industry Support - $391,396 or 1.9%
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