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Filing year 2023

FAIRFAX STATE BK CHARITABLE TRUST

Fairfax, Iowa·EIN 42-1356335·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$16k
Total assets
$527k
Total expenses
$15k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. FAIRFAX STATE BK CHARITABLE TRUST reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$13k

Itemized grants

8

Median grant

$875

RecipientLocationPurposeAmount
MERCY MEDICAL CENTER FOUNDATIONCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$5k
THE STATE UNIVERSITY OF IOWA FOUNDATIONIOWA CITY, IAOPTHALMOLOGY & VISUAL SCIENCES ENRICHMENT FUND$3k
PRAIRIE SCHOOL FOUNDATIONCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$3k
YOUTH OUTREACH AND COUNSELING INCFAIRFAX, IAGENERAL OPERATING BUDGET$1k
WILLIS DADY HOMELESS SERVICESCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$500
XAVIER FOUNDATIONCEDAR RAPIDS, IAGENERAL OPERATING BUDGET$500
BOYS TOWNBOYS TOWN, NEGENERAL OPERATING BUDGET$250
SALVATION ARMYHARLAN, IAGENERAL OPERATING BUDGET$200
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Financial trend

Revenue and expenses over time

FAIRFAX STATE BK CHARITABLE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$31k
$17k
2022
$16k
$15k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

FAIRFAX STATE BK CHARITABLE TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa
FAQ

Common questions about FAIRFAX STATE BK CHARITABLE TRUST

What are FAIRFAX STATE BK CHARITABLE TRUST's revenue and expenses?

In 2023, FAIRFAX STATE BK CHARITABLE TRUST reported $16k in total revenue and $15k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.