Nonprofit · EIN 83-3109684
FARIS FOUNDATION
Tax-exempt · SUGAR LAND, TX 77478
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $1,800,882 | $1,411,437 | $389,445 | $5,749,984 | $101,679 | $5,648,305 |
| December 31, 2023 | 990 (amended) | $1,578,814 | $1,265,575 | $313,239 | $4,782,664 | $72,157 | $4,710,507 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,827,760
- Program service revenue
- $0
- Investment income
- $77,058
- Net gain from sales of assets
- -$84,580
- Net income from fundraising events
- -$108,448
- Other revenue
- -$103,936
Expenses
- Grants and similar amounts paid
- $916,667
- Other salaries and wages
- $226,346
- Salaries, compensation and benefits (total)
- $257,297
- Professional fundraising fees
- $0
- Accounting fees
- $2,000
- Occupancy
- $5,000
- Program services (functional)
- $1,354,988
- Management and general (functional)
- $56,449
Balance sheet and other
- Total assets, start of year
- $4,782,664
- Total assets, end of year
- $5,749,984
- Total liabilities, end of year
- $101,679
- Net assets, end of year
- $5,648,305
- Land, buildings and equipment
- $344,811
- Gross unrelated business income
- $77,058
- Gross receipts
- $2,852,909
- Employees
- 3
- Volunteers
- 199
- Year formed
- 2019
- State of legal domicile
- TX
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHA JAMAL VIRANI | PRESIDENT Trustee or director, Officer | 40 | $0 |
| FARID VIRANI | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| KRISTA BABINE | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN BLANEY | DIRECTOR Trustee or director | 1 | $0 |
| NAUSHAD KERMALLY | DIRECTOR Trustee or director | 1 | $0 |
| BONNA KOL | DIRECTOR Trustee or director | 1 | $0 |
| LORI VETTERS | DIRECTOR Trustee or director | 1 | $0 |
| JENNIE BIGGS | TREASURER Trustee or director, Officer | 2 | $0 |
| ZAHRA DOSSA | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHA JAMAL VIRANI | PRESIDENT Trustee or director, Officer | 40 | $0 |
| FARID VIRANI | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| KRISTA BABINE | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN BLANEY | DIRECTOR Trustee or director | 1 | $0 |
| NAUSHAD KERMALLY | DIRECTOR Trustee or director | 1 | $0 |
| BONNA KOL | DIRECTOR Trustee or director | 1 | $0 |
| LORI VETTERS | DIRECTOR Trustee or director | 1 | $0 |
| JENNIE BIGGS | TREASURER Trustee or director, Officer | 2 | $0 |
| ZAHRA DOSSA | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 77 SUGAR CREEK CENTER BLVD STE 180, SUGAR LAND, TX 77478-3773
- In care of
- % FARID VIRANI
- Principal officer (990 for 2024)
- ASHA VIRANI, 77 SUGAR CREEK CENTER BLVD STE 180, SUGAR LAND, TX 77478
- Signed the 990
- ASHA VIRANI, PRESIDENT
- Phone
- (281) 688-4569
- Website
- WWW.THEFARISFOUNDATION.ORG
- Return prepared by
- WEINSTEIN SPIRA & COMPANY PC
Mission
THE FARIS FOUNDATION BRINGS BRIGHTER DAYS AND BETTER TREATMENTS TO CHILDREN WITH CANCER. OUR WORK IS FOCUSED IN FOUR KEY AREAS: CHILDHOOD CANCER RESEARCH, CREATIVE ARTS PROGRAMS AT CHILDREN'S CANCER CENTERS, PUBLIC ENGAGEMENT AND AWARENESS AROUND CHILDHOOD CANCER, AND CARE PACKAGES FOR CHILDREN WITH CANCER.
Program accomplishments
- CHILDHOOD CANCER RESEARCH - WE FUND ORIGINAL AND TRANSFORMATIVE RESEARCH IN AREAS WHERE THERE IS HIGH NEED AND A HIGH POTENTIAL FOR IMPACT. OUR FOCUS IS ON IMMUNOTHERAPY, MOLECULAR & PRECISION MEDICINE FOR RARE CANCERS WHERE THE MORTALITY RATE HAS NOT CHANGED IN DECADES.Expenses $450,000 · grants $450,000
- CREATIVE ART THERAPY PROGRAMS - THE FARIS FOUNDATION WORKS TO EMBED HIGHLY QUALIFIED, MASTERS-TRAINED ART THERAPISTS AND MUSIC THERAPISTS WITHIN CHILDREN'S CANCER CENTERS ACROSS THE COUNTRY. IN ADDITION, WE PROVIDE ONGOING ART ENGAGEMENTS AT NUMEROUS CHILDREN'S CANCER CENTERS WHICH ENGAGE PROFESSIONAL ARTISTS/ARTS EDUCATORS IN THE CONCEPTUALIZATION OF UNIQUE PROJECTS FOR EACH OF THESE EVENTS AND INVITE THE PARTICIPATION OF VOLUNTEERS FROM THE COMMUNITY FOR THE EVENT ITSELF.Expenses $585,901 · grants $461,667 · revenue $26,500
- LET THERE BE GOLD - LET THERE BE GOLD IS OUR ANNUAL CHILDHOOD CANCER AWARENESS AND PUBLIC ENGAGEMENT CAMPAIGN. EVERY SEPTEMBER WE HOLD GOLD CELEBRATIONS IN CHILDREN'S CANCER CENTERS AND GALVANIZE COMMUNITIES AROUND THE CAUSE.Expenses $120,913 · grants $5,000 · revenue $86,000
- CARE PACKAGES - PROVIDING CURATED CARE PACKAGES NATIONWIDE TO CHILDREN WITH CANCER.Expenses $198,174 · revenue $47,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-3109684
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G30)
- Assets (IRS master file)
- $5,749,984
- Income (IRS master file)
- $2,852,909
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,800,882 | $1,411,437 | $5,749,984 | IRS |
| 990 | December 2023 | $1,578,814 | $1,265,575 | $4,782,664 | XML |
| 990 | December 2022 | $1,703,325 | $1,251,812 | $4,552,759 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about FARIS FOUNDATION
- What is the EIN of FARIS FOUNDATION?
- The employer identification number (EIN) of FARIS FOUNDATION is 83-3109684.
- Is FARIS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to FARIS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FARIS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FARIS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FARIS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FARIS FOUNDATION?
- The 990 for the year ended December 31, 2024 names ASHA VIRANI.
- Who are the officers and directors of FARIS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does FARIS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,800,882, expenses of $1,411,437 and total assets of $5,749,984 at year end.
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- FOUNDATION FOR RESEARCH ON CANCERS AMONG ASIAN AMERICANS EIN 20-2757504 · last filed 990-N for 2023
- ZAIN FOR HEARTS INC EIN 85-0777265 · last filed 990-N for 2025
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All nonprofits in SUGAR LAND · Texas · Voluntary health associations and medical disciplines