Richard M. Fairbanks Foundation (RMFF)
Established by Richard M. (“Dick”) Fairbanks in 1986, the Richard M. Fairbanks Foundation is an independent, private foundation whose mission is to advance the vitality of Indianapolis and the well-being of its people. Since its inception, the Foundation has distributed more than $200 million in grants.
The Foundation has three focus areas: Education, Health, and the Vitality of Indianapolis. In addition, several organizations receive grant support from the Foundation due to a historical connection with Dick Fairbanks and his family.
THE LEGACY OF DICK FAIRBANKS
The Richard M. Fairbanks Foundation, Inc. was established in 1986 by Richard M. (“Dick”) Fairbanks, the founder and owner of Fairbanks Communications, Inc., a privately held company.
For over 50 years, Mr. Fairbanks was a leader and innovator in radio broadcasting. His company owned and operated 20 radio stations around the country, a television station in Atlanta, cable television systems, a charter airplane company, and had interests in real estate. Mr. Fairbanks established the Indianapolis Motor Speedway Radio Network when he owned and operated WIBC radio.
During the years he was active in broadcasting in his hometown of Indianapolis, Mr. Fairbanks was very involved with professional, civic, and cultural organizations. He served on many boards including Butler University, Better Business Bureau, United Way of Central Indiana, and the Indianapolis Museum of Art. He was also a director of Merchants National Bank for 20 years. Mr. Fairbanks was one of the owners of the Indiana Pacers in the 1980’s during the team’s transition from the American Basketball Association to the National Basketball Association.
WHAT THEY FUND
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