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Filing year 2023

THE FASKEN FOUNDATION

Midland, Texas·EIN 75-6023680·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$3.7M
Total assets
$43.6M
Total expenses
$2.5M
Reported officers
12

Executive compensation

Form 990-PF · Part VIII · 12 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

Executive Director
Median to 75th percentile
$175k
$191k
Administrative Assistant
Unclassified
$34k
$37k
Director
Unclassified
$7k
$8k
Director/president
Board President
10th to 25th percentile
$5k
$5k
Director/secretary
Unclassified
$5k
$5k
Director/vice President
Board President
10th to 25th percentile
$5k
$5k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k
Director
Unclassified
$4k
$4k
Director
Unclassified
$2k
$2k
Director
Unclassified
$1k
$1k
Director
Unclassified
$500
$546

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE FASKEN FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$1.6M

Itemized grants

181

Median grant

$3k

RecipientLocationPurposeAmount
IDEA PUBLIC SCHOOLSWESLACO, TXCOMPETITIVE GRANT 2023$250k
CASA OF WEST TEXASMIDLAND, TXCOMPETITIVE GRANT 2023$50k
COMMUNITIES IN SCHOOLS OF NEW MEXICOSANTA FE, NMCOMPETITIVE GRANT 2023$50k
COMMUNITIES IN SCHOOLS OF THE PERMIAN BASINMIDLAND, TXCOMPETITIVE GRANT 2023$50k
MARC INC DBA SPECTRUM OF SOLUTIONSMIDLAND, TXCOMPETITIVE GRANT 2023$50k
MIDLAND CHILDREN'S REHABILITATION CENTERMIDLAND, TXCOMPETITIVE GRANT 2023$50k
MIDLAND MEMORIAL FOUNDATIONMIDLAND, TXDIRECTOR'S CHOICE 2023$50k
ODESSA FAMILY YMCAODESSA, TXCOMPETITIVE GRANT 2023$50k
NATIONAL DANCE INSTITUTE OF NEW MEXICOSANTA FE, NMCOMPETITIVE GRANT 2023$40k
NEW MEXICO SCHOOL FOR THE ARTS-ART INSTITUTESANTA FE, NMCOMPETITIVE GRANT 2023$33k
BYNUM SCHOOLMIDLAND, TXCOMPETITIVE GRANT 2023$30k
CASA DE AMIGOSMIDLAND, TXCOMPETITIVE GRANT 2023$30k
CENTERS FOR CHILDREN AND FAMILIES INCMIDLAND, TXCOMPETITIVE GRANT 2023$30k
HIGH SKY CHILDREN'S RANCHMIDLAND, TXCOMPETITIVE GRANT 2023$30k
TEEN FLOW YOUTH MINISTRYMIDLAND, TXCOMPETITIVE GRANT 2023$30k
BUCKNER CHILDREN AND FAMILY SERVICESMIDLAND, TXCOMPETITIVE GRANT 2023$25k
HIGH SKY CHILDREN'S RANCHMIDLAND, TXDIRECTOR'S CHOICE 2023$25k
REGION 18 EDUCATION SERVICE CENTERMIDLAND, TXCOMPETITIVE GRANT 2023$25k
SAFE PLACE OF THE PERMIAN BASINMIDLAND, TXCOMPETITIVE GRANT 2023$25k
COOK CHILDREN'S HEALTH FOUNDATIONFORT WORTH, TXCOMPETITIVE GRANT 2023$20k
FBC BRADY GODLY IMPRESSIONS PRESCHOOLBRADY, TXCOMPETITIVE GRANT 2023$20k
ROPE YOUTHMIDLAND, TXCOMPETITIVE GRANT 2023$20k
SAMARITAN COUNSELING CENTERMIDLAND, TXCOMPETITIVE GRANT 2023$20k
SANTA FE CHAMBER MUSIC FESTIVALSANTA FE, NMCOMPETITIVE GRANT 2023$20k
THE HARWOOD MUSEUM OF ARTTAOS, NMCOMPETITIVE GRANT 2023$20k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about THE FASKEN FOUNDATION

What does the Chief Executive Officer of THE FASKEN FOUNDATION earn?

In 2023, the Chief Executive Officer of THE FASKEN FOUNDATION received $174,720 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FASKEN FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2023 pay of the Chief Executive Officer at THE FASKEN FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at THE FASKEN FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE FASKEN FOUNDATION's revenue and expenses?

In 2023, THE FASKEN FOUNDATION reported $3.7M in total revenue and $2.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.