Nonprofit · EIN 06-1593377
THE FARKAS FAMILY FOUNDATION
Tax-exempt · CHARLOTTESVLE, VA 22901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-PF | $1,321,684 | $2,270,142 | -$948,458 | $4,478,257 | $0 | $4,478,257 |
| June 30, 2025 | 990-PF | $2,152,652 | $4,243,059 | -$2,090,407 | $5,735,914 | $0 | $5,735,914 |
| June 30, 2024 | 990-PF | $407,672 | $803,144 | -$395,472 | $7,831,125 | $0 | $7,831,125 |
Financial details: 990-PF for the year ended June 30, 2026
Revenue
- Dividends
- $156,581
- Interest
- $19,335
- Net gain from sales of assets
- $1,145,609
- Other income
- $159
Expenses
- Grants and similar amounts paid
- $2,142,000
- Compensation of officers, directors and key employees
- $40,000
- Disbursements for charitable purposes
- $2,142,000
- Excise tax on investment income
- $17,189
Balance sheet and other
- Total assets, start of year
- $5,432,833
- Total assets, end of year
- $4,478,257
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,478,257
- Fair market value of assets
- $8,025,674
- Qualifying distributions
- $2,142,000
- Net investment income
- $1,321,684
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL MUNGER 780 BROOMLEY ROAD, CHARLOTTESVILLE, VA 22901 | TRUSTEE | 0 | $40,000 |
990-PF for the year ended June 30, 2025: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL MUNGER 780 BROOMLEY ROAD, CHARLOTTESVILLE, VA 22901 | TRUSTEE | 0 | $40,000 |
990-PF for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAIL MUNGER 780 BROOMLEY ROAD, CHARLOTTESVILLE, VA 22901 | TRUSTEE | 0 | $40,000 |
Address and contacts
- Address (IRS master file)
- 780 BROOMLEY RD, CHARLOTTESVLE, VA 22901-7830
- In care of
- % GAIL MUNGER
- Signed the 990-PF
- GAIL MUNGER, TRUSTEE
- Phone
- (434) 823-5772
- Return prepared by
- ROBINSON FARMER COX ASSOCIATES
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-PF on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 06-1593377
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $4,478,257
- Income (IRS master file)
- $3,273,003
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2026 | $1,321,684 | $2,270,142 | $4,478,257 | XML |
| 990-PF | June 2025 | $2,152,652 | $4,243,059 | $5,735,914 | XML |
| 990-PF | June 2024 | $407,672 | $803,144 | $7,831,125 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1593377).
Questions about THE FARKAS FAMILY FOUNDATION
- What is the EIN of THE FARKAS FAMILY FOUNDATION?
- The employer identification number (EIN) of THE FARKAS FAMILY FOUNDATION is 06-1593377.
- Is THE FARKAS FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE FARKAS FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE FARKAS FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE FARKAS FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE FARKAS FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2026.
- Who are the officers and directors of THE FARKAS FAMILY FOUNDATION?
- The 990-PF for the year ended June 30, 2026 lists 1 person; 1 received compensation from the organization, the highest $40,000 (GAIL MUNGER, TRUSTEE).
- How much revenue does THE FARKAS FAMILY FOUNDATION have?
- On its 990-PF for the year ended June 30, 2026 it reported revenue of $1,321,684, expenses of $2,270,142 and total assets of $4,478,257 at year end.
Other nonprofits in CHARLOTTESVLE
- COLLEGE FOUNDATION OF THE UNIVERSITY OF VIRGINIA EIN 54-2009312 · last filed 990 for 2025
- CHARLOTTESVILLE AREA COMMUNITY FOUNDATION EIN 54-1506312 · last filed 990 for 2024
- JEFFERSON SCHOLARS FOUNDATION EIN 31-1755873 · last filed 990 for 2025
- VIRGINIA INSTITUTE OF AUTISM INCORPORATED EIN 54-1815297 · last filed 990 for 2025
- UNITED WAY OF GREATER CHARLOTTESVILLE EIN 54-0505882 · last filed 990 for 2025
- QUANTITATIVE FOUNDATION EIN 26-3922404 · last filed 990-PF for 2024
- MANNING FAMILY FOUNDATION EIN 74-3054138 · last filed 990-PF for 2024
- THE LOUIS AND LINI LIPTON FOUNDATION EIN 45-1735243 · last filed 990-PF for 2025
All nonprofits in CHARLOTTESVLE · Virginia · Philanthropy, voluntarism and grantmaking foundations