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Richard M. Fairbanks Foundation, Inc.

Profile

Last Updated: 2016-05-11

At A Glance

Richard M. Fairbanks Foundation, Inc.

(formerly Fairbanks Foundation, Inc.)

9292 N. Meridian St., Ste. 304

Indianapolis, IN United States 46260-1828

Telephone: (317) 846-7111

URL: www.rmff.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $305,358,267

Total giving: $16,200,473

EIN

311189885

BRIDGE Number

3442664883

Additional Contact Information

E-mail (for Betsy Bikoff): bikoff@rmff.org

Background

Established in 1986 in IN - Founded by the late Richard M. Fairbanks, the founder and owner of Fairbanks Communications, Inc. and a leader and innovator in radio broadcasting. His company owned and operated 20 radio stations around the country, a television station in Atlanta, cable television systems, a charter airplane company, and interests in real estate. Fairbanks established the Indianapolis Motor Speedway Radio Network when he owned and operated WIBC radio.

Purpose and Activities

Support primarily for health care, the vitality of Indianapolis, sustainable employment as well as organizations historically supported by the foundation.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Health

Grants within this focus area may generally be categorized within the following broad funding themes: 1) Public and preventive health with an emphasis on the safety net system 2) Health as an economic driver, with an emphasis on the life sciences sector. The health focus area does not include funding for disease or condition specific organizations or initiatives.

Vitality of Indianapolis

The foundation defines grants within this focus area as significant economic growth drivers positively impacting the Indianapolis community, including initiatives that help to ensure a good supply of an educated workforce. The focus area does not include “quality of life” or “arts and culture” organizations or initiatives.

Fields of Interest

Subjects
  • Community and economic development
  • Health
  • Human services
  • Job creation and workforce development
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $305,358,267 (market value)

Gifts received: $372,816

Expenditures: $20,847,563

Total giving: $16,200,473

Qualifying distributions: $16,940,384