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 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 Ended December 31, 2022 and 2021

2022 2021
Investment Income (Loss) and Expenses
Investment Income 1,053,372 4,706,198
Realized Gains On Investments 3,848,899 45,982,533
Unrealized Gains (Losses) on Investments (23,573,250) 44,679,078
Total Investment Income (Loss) (18,670,979) 95,367,809
Expenses
Investment Expenses 901,249 5,691,380
Operating Expenses 4,128,967 3,781,744
Grantmaking Expenses 12,195,115 11,523,658
Total Expenses 17,225,331 20,996,782
Contributions – –
Change In Net Assets (35,896,310) 74,371,027
Net Assets at the Beginning of the Year 417,423,592 342,052,565
Ending Net Assets 381,527,282 417,423,592

Statement of Financial Position (Unaudited) Years Ended December 31, 2022 and 2021

Assets 2022 2021
Cash 449,168 126,364
Investments 381,006,102 417,163,024
Deposits 10,674 10,674
Net Property Plant and Equipment 61,338 123,530
Total Assets 381,527,282 417,423,592
Liabilities and Net Assets
Accounts Payable & Accrued Liabilities – –
Net Assets – Unrestricted 381,527,282 417,423,592
Total Liabilities & Net Assets  381,527,282 417,423,592

Investment Portfolio Asset Allocation As of December 31, 2022

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

Grants Awarded: 10-Year History (in millions)

Grants Paid: 10-Year History (in millions)