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Farrell Fam Charitable Foundation is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1998. The principal officer is Pnc Advisors 61495-2 Ttee. It holds total assets of $1.2M. Annual income is reported at $690K. Total assets have decreased from $3.1M in 2011 to $834K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Pennsylvania and Michigan. According to available records, Farrell Fam Charitable Foundation has made 20 grants totaling $511K, with a median grant of $2K. Annual giving has decreased from $117K in 2020 to $22K in 2023. Grantmaking activity was highest in 2021 with $254K distributed across 5 grants. Individual grants have ranged from $300 to $150K, with an average award of $26K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Pennsylvania, Ohio, Michigan, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$2K
Average Grant
$23K
Largest Grant
$101K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Farrell Fam Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in PA, OH, MI.
Farrell Fam Charitable Foundation has distributed a total of $511K across 20 grants. The median grant size is $2K, with an average of $26K. Individual grants have ranged from $300 to $150K.
See Footnote.
Farrell Fam Charitable Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank Na Removed | TRUSTEE | $4K | $0 | $4K |
| Glenmede Trust Co N A | TRUSTEE | $817 | $0 | $817 |
| Thomas J Reinecke | DIRECTOR | $0 | $0 | N/A |
| Kristen K Farrell | DIRECTOR | $0 | $0 | N/A |
| Michael J Farrell | CHAIRMAN OF THE BOARD | $0 | $0 | N/A |
Total Giving
$34K
Total Assets
$834K
Fair Market Value
$2.4M
Net Worth
$834K
Grants Paid
$22K
Contributions
N/A
Net Investment Income
$51K
Distribution Amount
$108K
Total Grants
20
Total Giving
$511K
Average Grant
$26K
Median Grant
$2K
Unique Recipients
9
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of PittsburghEDUCATION | Pittsburgh, PA | $14K | 2023 |
| Oakland Catholic High SchoolEDUCATION | Pittsburgh, PA | $5K | 2023 |
| St John Capistran CatholicGENERAL SUPPORT | Pittsburgh, PA | $2K | 2023 |
| Healthnetwork FoundationMEDICAL | Cleveland, OH | $1K | 2023 |
| Hope NetworkGENERAL SUPPORT | Pittsburgh, PA | $300 | 2023 |
| Pennsylvania State UniversityGENERAL SUPPORT, $2000 FOR | University Park, PA | $102K | 2022 |
| Cancer Care IncNO RESTRICTIONS | New York, NY | $500 | 2022 |
| Penn State UniversityGENERAL SUPPORT | University Park, PA | $101K | 2021 |
| Reading Is Fundamental PittsburghGENERAL SUPPORT | Pittsburgh, PA | $500 | 2020 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA