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THE FASKEN FOUNDATION

THE FASKEN FOUNDATION

Midland, TX, US
•
501(c)3
•
EIN
75-6023680
•
WWW.FASKENFOUNDATION.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
funder logo

THE FASKEN FOUNDATION

Midland, TX, US
•
501(c)3
•
EIN
75-6023680
•
WWW.FASKENFOUNDATION.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$44,677,483

Investments
>99%
Cash & Equivalents
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$224,347

Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$436,936
$117,884
-73%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$43,176,462
$44,559,599
+3%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$43,613,398
$44,677,483
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$65,475
$224,347
+243%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$65,475
$224,347
+243%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$43,547,923
+$44,453,136
+2%
Balance Sheet
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