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The Faris Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 833109684 ✦ Sugar land, TX ✦ Designated as a 501(c)(3)

Overview

What is The Faris Foundation?

The Faris Foundation, situated in Sugar Land, Texas, is a nonprofit organization dedicated to improving the lives of children battling cancer. They accomplish this through three primary avenues: funding innovative and transformative research in areas with high need and significant potential impact, particularly in the field of rare cancers where mortality rates have remained stagnant for decades; providing creative arts programs at children's cancer centers, which serve as therapeutic and uplifting outlets for these young patients; and raising public awareness and engagement around childhood cancer. The Faris Foundation aims to bring brighter days and better treatments to children affected by cancer, with a total staff of three individuals working diligently towards this mission.


Official website here: www.thefarisfoundation.org

Is The Faris Foundation legitimate?

The Faris Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Faris Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,738

For more financial information, click here


Official website here: www.thefarisfoundation.org

What is the mission statement of The Faris Foundation?

The Faris Foundation's mission is focused on improving the lives of children with cancer. It achieves this goal through three main areas of work: funding research, supporting creative arts programs, and raising awareness about childhood cancer. The foundation provides grants for original and transformative research in areas of high need and significant potential impact, particularly in rare cancers where mortality rates have remained stagnant for decades. Additionally, The Faris Foundation supports creative arts programs at children's cancer centers to help children cope with their illness and improve their quality of life. Lastly, the foundation engages the public in efforts to increase awareness and understanding of childhood cancer.


Official website here: www.thefarisfoundation.org

Who is the CEO of The Faris Foundation?

Asha Virani is the President of The Faris Foundation.


Official website here: www.thefarisfoundation.org

What is the revenue of The Faris Foundation?

The Faris Foundation's revenue in 2022 was $1,703,325.


Official website here: www.thefarisfoundation.org

Who are the executives of The Faris Foundation and what are their salaries?

The average compensation at The Faris Foundation during 2022 was $48,913. There are 3 employees and 68 volunteers at The Faris Foundation.

Here are 9 key members and their salaries:

    Asha Jamal Virani (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Farid Virani (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Krista Babine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Blaney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Naushad Kermally (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonna Kol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Vetters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennie Biggs (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carrie Hassall (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thefarisfoundation.org

    Where can I find the form 990 for The Faris Foundation?

    The The Faris Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thefarisfoundation.org

    Learn more at the official website: www.thefarisfoundation.org

    Mission Statement of The Faris Foundation

    The Faris Foundation, a renowned organization, is dedicated to bringing brighter days and improved treatments to children battling cancer. Its mission is multifaceted, encompassing three key areas: childhood cancer research, creative arts programs at children's cancer centers, and public engagement and awareness around childhood cancer.

    In the realm of childhood cancer research, The Faris Foundation provides funding for groundbreaking and transformative studies. They meticulously vet potential recipients, ensuring that the research grants are directed towards areas of high need and potential impact. The organization has a particular focus on rare cancers, where the mortality rate has remained stagnant for decades.

    Beyond research, The Faris Foundation also recognizes the importance of creative arts programs in supporting children with cancer. They fund such initiatives at children's cancer centers, providing these young patients with an outlet for expression and a means to cope with their challenging circumstances.

    Lastly, The Faris Foundation is committed to raising awareness and engaging the public in the fight against childhood cancer. They strive to educate people about the disease, its impact, and the ongoing efforts to find better treatments and cures.

    Impact

    This information is meant to be a general summary of The Faris Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Faris Foundation's impact is centered around bringing brighter days and better treatments to children with cancer. Through carefully vetted and funded research grants, particularly focusing on rare cancers with stagnant mortality rates, the foundation supports transformative research at Texas Children's Hospital. Additionally, they provide creative arts programs at children's cancer centers and engage the public in raising awareness about childhood cancer.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $97,368
  • Program Service Revenue: $0
  • Gross Receipts: $1,817,379

    • Assets and Liabilities:
  • Total Assets: $4,552,759
  • Total Liabilities: $137,463
  • Net Assets: $4,415,296
  • Organization Details

    Founding Year

    2019

    Principal Officer

    Asha Virani

    Main Address

    13135 DAIRY ASHFORD ROAD SUITE 560, SUGAR LAND, TX, 77478

    NTEE Category

    Code: G30 - Disease

    If you are a representative of The Faris Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.