Fab Foundation
Fab Foundation
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About this organization
Mission
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.
About
THE ORGANIZATION PROMOTES DIGITAL FABRICATION BY FACILITATING THE DEVELOPMENT OF COMMUNITY-BASED AND EDUCATIONAL FAB LABS, THE DISSEMINATION OF BEST PRACTICES IN DIGITAL FABRICATION THROUGHOUT THE FAB LAB NETWORK, FACILITATION AND DISSEMINATION OF RESEARCH AND COMMUNITY-BENEFICIAL PROJECTS, THE FUNDING AND FACILITATION OF FAB LAB AND DIGITAL FABRICATION PROJECTS THAT BENEFIT PEOPLE AND COMMUNITIES IN EXEMPLARY WAYS, SUCH AS MOBILE FAB LABS FOR EMERGENCY AID, OR FAB LABS FOR DEVELOPING WORLD CONTEXTS. THESE SERVICES INCLUDE DEPLOYING, INSTALLING, TRAINING, AND CONSULTING FOR NEW FAB LABS AS WELL AS PROGRAMMATIC SUPPORT OF ESTABLISHED FAB LABS. THE ORGANIZATION WORKS TO GATHER AND PROVIDE CRITICAL EVALUATION DATA AS WELL AS PROVIDE TOOLS FOR TRACKING THE IMPACT OF FAB LABS IN EDUCATIONAL, BUSINESS AND SOCIAL CONTEXTS. AS PART OF ITS SERVICES THE ORGANIZATION PROVIDES A NETWORK FUNCTION FOR THE FAB LAB COMMUNITY, BRINGING TOGETHER FAB LABS AROUND THE WORLD EITHER PHYSICALLY (FOR ANNUAL MEETINGS AND WORKSHOPS) OR VIRTUALLY THROUGH ONLINE TOOLS AND RESOURCES. ADDITIONALLY, AS A RESOURCE TO EDUCATIONAL ORGANIZATIONS, ENTREPRENEURIAL ORGANIZATIONS AND THE GENERAL PUBLIC THE ORGANIZATION HAS DEVELOPED AN ONLINE GLOBAL MAP OF FAB LABS, MAKERSPACES, AND INNOVATION SPACES SUCH THAT PEOPLE OR ORGANIZATIONS THAT NEED ACCESS TO THESE FACILITIES CAN FIND THEM EASILY.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “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.”.
When referring to its tasks, they were described as: “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.”.
- The non-profit is operating legally in the state of CA.
- The non-profit's address for the year 2020 is listed as 50 MILK ST 16TH FLOOR, BOSTON, MA, 02109 in the filing.
- The form submitted by the non-profit organization for 2020 reports 13 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$688,460.
- The organization has 3 independent voting members.
- The organization was formed in 2009.
- The organization pays $1,096,747 in salary, compensation, and benefits to its employees.
- The organization pays $29,985 in fundraising expenses.
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