The North Carolina State Capitol in Raleigh behind a flowering crape myrtle

Form 990-PFTax year 2018EIN 58-1792400

The Farago Foundation Inc

A private foundation in Asheville, NC. Its return for tax year 2018 lists 2 grants and $165,343 paid in grants.

Tax year 2018 (period ending Dec 31, 2018), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Mr Paul R Farago
PO Box 8907
Asheville, NC 28814
(828) 252-8096
[email protected]
Form and materials
N/A
Deadlines
N/A
Restrictions
Grants made only upon approval by the Foundation's board of directors.

Assets and giving by year

1 return on file

Tax year 2018 is the only return we have read for this foundation so far.

  • Tax year 2018

    $165,343

    Grants listed
    2
    Assets, end of year
    $0

Grants paid in 2018

2 grants, largest first

As listed on the return.

  1. NEO PhilanthropyNew York, NY

    Charitable

    $150,343
  2. Duke UniversityDurham, NC

    Charitable

    $15,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Public affairs1 grant $150,34391% of the total
  2. Education1 grant $15,0009% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York1 grant $150,343
  2. North Carolina1 grant $15,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Alan D FaragoDirector Hours 1Pay $0
  • Paul R FaragoPresident Hours 1Pay $0
  • Michelle T FaragoSecretary Hours 1Pay $0

The return

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