The Farago Foundation Inc
https://N/A
$0
Total Assets (2018)
$165K
Avg Yearly Giving (2018–2018)
$165K
Giving on File
(1 yr)
(1 yr)
2
Grants on File
$83K
Avg Grant Size
About
The Farago Foundation, Inc. is filing a final tax return. A portion of it's assets were donated to a Donor Advised Fund at NEO Philanthropy (as shown on Statement 8) and then The Farago Foundation, Inc. merged with the Constructive Management Foundation (EIN 05-0438672). A complete copy of the Articles of Merger filed with the Florida Department of State and the State of Rhode Island as well as the related consents of both organizations Board of Directors is attached to this return.The net cost basis of assets donated to Neo Philanthropy was $150,343 and the net cost basis of assets remaining that were transferred to the Constructive Management Foundation was $200,396.
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
Mr Paul R Farago
Phone
8282528096
Deadlines
N/A
How to Apply
N/A
Restrictions
Grants made only upon approval by the Foundation's board of directors.
Grant Size Distribution
Based on 2 grants on record
Minimum
$15K
25th Pctl
$15K
Median
$83K
Average
$83K
75th Pctl
$150K
Maximum
$150K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| Alan D Farago | Director | — |
| Paul R Farago | President | — |
| Michelle T Farago | Secretary | — |
Grants Awarded (2 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| NEO Philanthropy | New York, NY | $150,343 | Charitable | 2018 |
| Duke University | Durham, NC | $15,000 | Charitable | 2018 |