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Farrell Family Foundation is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2017. The principal officer is Mcguirewoods. It holds total assets of $5.9M. Annual income is reported at $457K. Total assets have grown from $2.1M in 2019 to $6.2M in 2023. The foundation is governed by 3 officers and trustees. The Farrell Family Foundation makes grants to qualifying charitable organizations and does not carry on charitable activities directly. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Virginia. According to available records, Farrell Family Foundation has made 56 grants totaling $1.3M, with a median grant of $10K. Annual giving has grown from $310K in 2020 to $563K in 2022. Individual grants have ranged from $1K to $110K, with an average award of $23K. The foundation has supported 31 unique organizations. Grants have been distributed to organizations in Virginia and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$31K
Largest Grant
$75K
Based on 10 grants from the most recent 990-PF filing.
The Farrell Family Foundation makes grants to qualifying charitable organizations and does not carry on charitable activities directly.
The Farrell Family Foundation makes grants to qualifying charitable organizations and does not carry on charitable activities directly. Based on available records, the foundation has funded 56 grants. Its grantmaking reaches organizations primarily in VA, MA.
Farrell Family Foundation has distributed a total of $1.3M across 56 grants. The median grant size is $10K, with an average of $23K. Individual grants have ranged from $1K to $110K.
Farrell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Farrell Family Foundation is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter F Farrell | Secretary/Director | $0 | $0 | N/A |
| Stuart T Farrell | Treasurer/Director | $0 | $0 | N/A |
| Anne Garland Farrell | President/Director | $0 | $0 | N/A |
Total Giving
$425K
Total Assets
$6.2M
Fair Market Value
$6.3M
Net Worth
$6.2M
Grants Paid
$402K
Contributions
$35K
Net Investment Income
$96K
Distribution Amount
$294K
Total: $348K
Total Grants
56
Total Giving
$1.3M
Average Grant
$23K
Median Grant
$10K
Unique Recipients
31
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Virginia Museum Of History & CultureAnnual Fund | Richmond, VA | $110K | 2022 |
| University Of Va - Master Plan 1Unrestricted operational funds | Charlottesville, VA | $100K | 2022 |
| Collegiate SchoolAnnual Fund | Richmond, VA | $30K | 2022 |
| Break Through CancerAnnual Fund | Cambridge, MA | $10K | 2022 |
| Colonial Williamsburg FundAnnual Fund | Williamsburg, VA | $10K | 2022 |
| Focus Of RichmondAnnual Fund | Richmond, VA | $5K | 2022 |
| Boys & Girls Club Of Metro RichmondAnnual Fund | Richmond, VA | $3K | 2022 |
| Elijah House AcademyAnnual Fund | Richmond, VA | $3K | 2022 |
| Communities In SchoolAnnual Fund | Arlington, VA | $3K | 2022 |
| First Tee Of Greater RichmondAnnual Fund | Richmond, VA | $3K | 2022 |
| Better Housing CoalitionAnnual Fund | Richmond, VA | $3K | 2022 |
| Bolling Haxall House FoundationAnnual Fund | Richmond, VA | $3K | 2022 |
| Bishop Ireton High SchoolAnnual Fund | Alexandria, VA | $1K | 2022 |
| Christo Rey School Of RichmondUnrestricted operational funds | Richmond, VA | $48K | 2021 |
| Virginia Athletics FoundationUnrestricted operational funds | Charlottesville, VA | $35K | 2021 |
| Virginia Kids BelongUnrestricted operational funds | Richmond, VA | $25K | 2021 |
| Emily Couric Clinical Cancer CenterDr Paul R Kunk, MD Research | Charlottesville, VA | $25K | 2021 |
| Fellowship Of Christian AthletesUnrestricted operational funds | Richmond, VA | $15K | 2021 |
| World Pediatric ProjectUnrestricted operational funds | Richmond, VA | $15K | 2021 |
| Children'S Museum Of RichmondUnrestricted operational funds | Richmond, VA | $6K | 2021 |
| University Of Va College FundUnrestricted operational funds | Charlottesville, VA | $3K | 2021 |
| University Of Va - Law School FoundationUnrestricted operational funds | Charlottesville, VA | $3K | 2021 |
| Virginia Home For Boys & GirlsUnrestricted operational fundsUnrestricted operational funds | Richmond, VA | $3K | 2021 |
| University Of Va Alumni AssocationUnrestricted operational funds | Charlottesville, VA | $1K | 2021 |
| University Of Va - School Of EducationUnrestricted operational funds | Charlottesville, VA | $1K | 2021 |
| University Of Va - Center For PoliticsUnrestricted operational funds | Charlottesville, VA | $1K | 2021 |
| University Of Va - Student Life & LeadershipUnrestricted operational funds | Charlottesville, VA | $1K | 2021 |
| Richmond BalletUnrestricted operational funds | Richmond, VA | $40K | 2020 |