REVIEW OUR FINANCIALS

The Richard M. Fairbanks Foundation is committed to transparency. On this page, you can review financial reports, as well as see a 10-year history of grants we have awarded and paid by total dollar amount.

Additional public record documents, such as our Form 990, may be accessed at GuideStar, a resource on non-profit organizations. You may also contact us directly for more information.

VIEW OUR FINANCIAL REPORTS

Statement of Activities (Unaudited) Years Ending December 31, 2024 and 2023

2024 2023
Investment Income (Loss) and Expenses
Investment Income 623,891 16,448,843
Realized Gains On Investments 498,248 14,866,310
Unrealized Gains (Losses) on Investments 26,251,271 (3,817,003)
Total Investment Income (Loss) 27,373,410 27,498,150
Expenses
Investment Expenses 1,113,453 6,009,473
Operating Expenses 4,822,648 4,248,021
Grantmaking Expenses 14,292,188 15,004,268
Total Expenses 20,228,289 25,261,762
Contributions – –
Change In Net Assets 7,145,121 2,236,388
Net Assets at the Beginning of the Year 375,535,734 373,299,346
Ending Net Assets 382,680,855 375,535,734

Statement of Financial Position (Unaudited) Years Ending December 31, 2024 and 2023

Assets 2024 2023
Cash 182,804 367,922
Investments 381,475,078 375,148,608
Deposits 10,675 10,675
Net Property Plant and Equipment 1,012,298 8,529
Total Assets 382,680,855 375,535,734
Liabilities and Net Assets
Accounts Payable & Accrued Liabilities – –
Net Assets – Unrestricted 382,680,855 375,535,734
Total Liabilities & Net Assets  382,680,855 375,535,734

Investment Portfolio Asset Allocation As of December 31, 2024

Market Value of Assets Ten-Year History (in millions)

Grants Awarded: Ten-Year History (in millions)

Grants Paid: Ten-Year History (in millions)