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Ferrara Charitable Trust is a private trust based in PALM BEACH, FL. The foundation received its IRS ruling in 2018. The principal officer is Daniel R Ferrara. It holds total assets of $1.1M. Annual income is reported at $753K. Total assets have decreased from $2.1M in 2019 to $1.1M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in New York. According to available records, Ferrara Charitable Trust has made 35 grants totaling $1.1M, with a median grant of $1K. Annual giving has decreased from $361K in 2021 to $286K in 2023. Grantmaking activity was highest in 2022 with $489K distributed across 18 grants. Individual grants have ranged from $250 to $359K, with an average award of $32K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Virginia, which account for 66% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$1K
Average Grant
$90K
Largest Grant
$359K
Based on 4 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.
Ferrara Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in NY, MA, VA.
Ferrara Charitable Trust has distributed a total of $1.1M across 35 grants. The median grant size is $1K, with an average of $32K. Individual grants have ranged from $250 to $359K.
Ferrara Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Ferrara Charitable Trust is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel R Ferrara | TRUSTEE | $0 | $0 | N/A |
| Danielle P Ferrara | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.1M
Fair Market Value
N/A
Net Worth
$1.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
35
Total Giving
$1.1M
Average Grant
$32K
Median Grant
$1K
Unique Recipients
23
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nyit College Of Osteopathic MedicineCHARITABLE | Glen Head, NY | $250K | 2023 |
| Boston UniversityCHARITABLE | Chestnut Hill, MA | $25K | 2023 |
| St Edward GldCHARITABLE | Lakewood, OH | $3K | 2023 |
| West Hills Baptist ChurchCHARITABLE | Huntington Stat, NY | $2K | 2023 |
| Grace City ChurchCHARITABLE | Brookline, MA | $1K | 2023 |
| Happy Cat CharityCHARITABLE | Medford, NY | $1K | 2023 |
| Ifaw- Interntl Fund For Animal WelfCHARITABLE | Yarmouth, MA | $1K | 2023 |
| Hsus Humane Society Of UsCHARITABLE | Washington, DC | $1K | 2023 |
| Little Long Ears Donkey RescueCHARITABLE | New Oxford, PA | $500 | 2023 |
| Farm SancutuaryCHARITABLE | Watkins Glen, NY | $500 | 2023 |
| Cove Animal RescueCHARITABLE | Glen Cove, NY | $500 | 2023 |
| Front Range Equine RescueCHARITABLE | Ocala, FL | $500 | 2023 |
| New York Institue Of Technology College Of Osteopathic MedicineCHARITABLE | Glen Head, NY | $228K | 2022 |
| Trustees Of Boston UniversityCHARITABLE | Boston, MA | $5K | 2022 |
| PetaCHARITABLE | Norfolk, VA | $2K | 2022 |
| Southwest Wildlife FoundationCHARITABLE | Scottsdale, AZ | $1K | 2022 |
| Dreyfoos School Of The ArtsCHARITABLE | West Palm Beach, FL | $1K | 2022 |
| West Hills Baptists ChurchCHARITABLE | Huntington Station, NY | $500 | 2022 |
| Bike To The BeachCHARITABLE | Washington, DC | $500 | 2022 |
| Turning Pointe DonkeyCHARITABLE | Dansville, MI | $300 | 2022 |
| AspcaCHARITABLE | New York, NY | $1K | 2021 |
| Kids For Kids FoundationCHARITABLE | Brooklyn, NY | $1K | 2021 |
| Stony Brook University Alumni AssociationCHARITABLE | Stonybrook, NY | $250 | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL