Overview

Sign up for

Est.

2009

Latest Fiscal Year

Not available

Organization Type

Grantmaker

AI Summary

The Fab Foundation is a 501(c)(3) grantmaking organization that focuses on supporting innovative projects through a relationship-based funding model. With a total of $96.2K in grants paid to 12 grantees in 2024, the foundation does not accept unsolicited proposals and provides funding by invitation only. Nonprofits interested in engaging with The Fab Foundation can explore warm-introduction pathways via Impala's Funder Prospecting.

Mission Statement

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.
Total Funding Given
$96.3K
2024
Grantees funded
12
Multi-year grantees
25%
Funding by Year
Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
plg-image
plg-image
Evaluate your own portfolio
Understand the health of your own grantees and uncover signs of risk.
Total No. of Grants
3
Median 1st year grant
$10K
Median 2nd year grant
$40K
N
Neil Gershenfeld
Board Member
S
Sherry Lassiter
Board Member
M
Marie Planchard
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to THE FAB FOUNDATION?
No. THE FAB FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.
Where does THE FAB FOUNDATION give?
THE FAB FOUNDATION primarily gives to organizations located in Massachusetts, District Of Columbia, and Ohio. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are THE FAB FOUNDATION’s grants?
The largest share of grants from THE FAB FOUNDATION fall in the $25 thousand to $50 thousand range. The median first-year grant is about $10 thousand. More detailed grant size data is available to registered users.
How many grants does THE FAB FOUNDATION make each year?
In 2024, THE FAB FOUNDATION awarded about 3 grants, totaling nearly $96 thousand. More detailed grant metrics are available to registered users.
Who did THE FAB FOUNDATION fund recently?
In 2024, THE FAB FOUNDATION awarded grants to about 10 grantees. Recent grantees include MASKS ON CORPORATION, LIMBFORGE CORPORATION, and THE STEM CONNECTION. More detailed information on all recent recipients is available to registered users.
How do we apply to THE FAB FOUNDATION?
THE FAB FOUNDATION does not accept unsolicited proposals. Funding is by invitation only.