REVIEW OUR FINANCIALS

The Richard M. Fairbanks Foundation is committed to transparency. On this page you can download and review financial reports, as well as a ten-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 Ended December 31, 2020 and 2019

2020 2019
Investment Income (Loss) and Expenses
Investment Income 1,252,009 7,561,674
Realized Gains On Investments 1,359,445 13,348,972
Unrealized Gains (Losses) on Investments 11,916,052 29,198,193
Total Investment Income (Loss) 14,527,506 50,108,839
Expenses
Investment Expenses 746,247 5,822,303
Operating Expenses 3,492,313 3,313,160
Grantmaking Expenses 12,250,896 13,343,143
Total Expenses 16,489,456 22,478,606
Contributions
Change In Net Assets (1,961,950) 27,630,233
Net Assets at the Beginning of the Year 322,621,944 294,991,711
Ending Net Assets 320,659,994 322,621,944

Statement of Financial Position (Unaudited) Years Ended December 31, 2020 and 2019

Assets 2020 2019
Cash 100,429 121,670
Accounts Receivable
Distribution Receivable 5,664,958 143,002
Investments 314,688,354 322,066,174
Deposits 10,675 21,351
Net Property Plant and Equipment 195,578 269,747
Total Assets 320,659,994 322,621,944
Liabilities and Net Assets
Accounts Payable & Accrued Liabilities
Net Assets – Unrestricted 320,659,994 322,621,944
Total Liabilities & Net Assets  320,659,994 322,621,944

Investment Portfolio Asset Allocation As of December 31, 2020

Market Value of Assets Ten Year History (in millions)

Grants Awarded Ten Year History (in millions)

Grants Paid Ten Year History (in millions)