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Filing year 2024

THE FAB FOUNDATION

Boston, Massachusetts·EIN 26-4836002·NTEE U42 · Science & Technology·3
Total revenue
$6.5M
Total assets
$4.4M
Total expenses
$0
Reported officers
6
Mission

THE FAB FOUNDATION WAS FORMED FEBRUARY 6, 2009 TO FACILITATE AND SUPPORT THE GROWTH OF THE INTERNATIONAL FAB LAB NETWORK. THE FAB FOUNDATION IS A US NON-PROFIT 501(C)(3) ORGANIZATION EMERGING FROM THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY'S CENTER FOR BITS & ATOMS' (CBA) INTERNATIONAL FAB LAB OUTREACH PROGRAM. OUR MISSION IS TO PROVIDE ACCESS TO THE TOOLS, THE KNOWLEDGE AND THE FINANCIAL MEANS TO EDUCATE, INNOVATE AND INVENT USING TECHNOLOGY AND DIGITAL FABRICATION TO ALLOW ANYONE TO MAKE (ALMOST) ANYTHING, AND THEREBY CREATING OPPORTUNITIES TO IMPROVE LIVES AND LIVELIHOODS AROUND THE WORLD. COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS AND NON-PROFIT CONCERNS ARE OUR PRIMARY BENEFICIARIES.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Base salaryExecutive compensation
Vice President/coo
highest compensated employee
$136k
Chairman/director/consultant
officer (unspecified)
$102k
President/director
$77k

Plus 3 unpaid individuals.

Browse compensation in Science & Technology

Up 21%
from 2023

From $112k in 2023 to $136k in 2024.

$112k
2023
$136k
2024
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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