Faneca 66 Foundation

EIN 463201537 Private Foundation

Lake Success, NY 11042 |(800) 839-1754

Total Given 2016–2023
$729K
22 grants · $91K avg/year
based on 8 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$24K
typical small grants · $5K–$56K
grant size
67%
deep partner · 2/3 multi-year
repeat
$9K
Assets (2023)
3
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $60,000. This amount represents 25% or more of the Foundation's net assets of $124 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Health

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $180K $7K $179K 4
2017 $174K $23K $195K 6
2018 $148K $25K $156K 6
2019 N/A $12K $132K N/A
2020 $23K $124 $17K 1
2021 $60K $1K $68K 1
2022 $69K $250 $75K 2
2023 $75K $9K $92K 2

Grant Size Distribution

Based on 22 grants on record

Minimum
$761
25th Pctl
$5K
Median
$24K
Average
$33K
75th Pctl
$56K
Maximum
$100K

Geographic Distribution

Officers & Directors

Grants Awarded (22 total)

Purpose
Kennedy Krieger Foundation Inc Baltimore, MD $100,000 Dr. Anne Comi's Expanded Access trial study for Sturge-Weber Syndrome 2016
Kennedy Krieger Foundation Inc Baltimore, MD $75,000 Clinical Trial for the Study of Sirolimus with Sturge-Weber syndrome 2016
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $63,750 research under the direction of Dr. Comi fund 2022
Kennedy Krieger Foundation Inc Baltimore, MD $62,500 Clinical Trial for the Study of Sirolimus with Sturge-Weber syndrome 2017
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $60,000 Epidiolex 2 Trial 2021
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $56,508 to support the post-doctoral fellow position 2018
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $53,785 Salary for Research Assistant for research led by Dr. Comi 2023
Kennedy Krieger Foundation Inc Baltimore, MD $50,000 Dr. Anne Comi's Expanded Access trial study for Sturge-Weber Syndrome 2017
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $42,381 to support the post-doctoral fellow position 2017
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $37,500 Sirolimus-02 Clinical Trial Project 2018
Kennedy Krieger Foundation Inc Baltimore, MD $25,000 Clinical Trial FUND for the Study of Sirolimus with Sturge-Weber Syndrome 2018
Hugo W Moser Research Institute Baltimore, MD $23,333 Mouse Model Study Fund 2020
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $21,250 Research led by Dr. Comi 2023
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $20,833 Mouse Model Study 2018
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $10,859 to support the post-doctoral fellow position 2017
Kennedy Krieger Foundation Inc Baltimore, MD $5,000 Vitamin D Study Program 2018
Kennedy Krieger Foundation Inc Baltimore, MD $5,000 Vitamin D Study Program 2017
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $4,890 research under the direction of Dr. Comi fund 2022
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $3,850 in support of the Institute's patient clinical studies 2016
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $3,500 General & Unrestricted 2018
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $3,185 in support of the patient clinical studies 2017
Hugo W Moser Research Institute at Kennedy Krieger Baltimore, MD $761 in support of the patient clinical studies 2016

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