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THE FAB FOUNDATION

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Public nonprofit record

THE FAB FOUNDATION

EIN 26-4836002 · Engineering (U42)

What they do

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 TECHNOLOGYS 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.

Money

Financial picture

Tax year 2024
Revenue$6,495,763
Expenses$5,385,435
Assets$4,370,179
Income$6,495,763
Contributions$3,706,206
Grants given$2,415,382
Average grant$92,899
Management$451,284
Executive compensation$155,927
Accounting fees$118,950

About this charity

Recognized since
January 2011
Location
50 MILK ST 16TH FLOOR, BOSTON, MA 02109
County
Suffolk
In care of
SHERRY LASSITER
Primary officer
SHERRY LASSITER, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
EAG NEW ENGLAND LLC
NTEE classification
Engineering (U42)
IRS tax category
Engineering
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1200
Deductibility
1
Foundation
15
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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