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Ferrari Family Foundation is a private corporation based in NASHVILLE, TN. The foundation received its IRS ruling in 1997. It holds total assets of $68K. Annual income is reported at $33K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ferrari Family Foundation has made 5 grants totaling $58K, with a median grant of $13K. Annual giving has decreased from $20K in 2020 to $13K in 2023. Grantmaking activity was highest in 2022 with $25K distributed across 2 grants. Individual grants have ranged from $7K to $13K, with an average award of $12K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Florida and South Carolina. Contributions to this foundation are tax-deductible.
Ferrari Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in FL, SC.
Ferrari Family Foundation has distributed a total of $58K across 5 grants. The median grant size is $13K, with an average of $12K. Individual grants have ranged from $7K to $13K.
Ferrari Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ferrari Family Foundation is headquartered in NASHVILLE, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| R Keith Ferrari | PRESIDENT | $0 | $0 | $0 |
| Kimberly A Ferrari | SECRETARY | $0 | $0 | $0 |
| Heather Nichole Ferrari-Hamm | DIRECTOR | $0 | $0 | $0 |
Total Giving
$16K
Total Assets
$78K
Fair Market Value
$86K
Net Worth
$78K
Grants Paid
$13K
Contributions
$0
Net Investment Income
$2K
Distribution Amount
$4K
Total: $68K
Total Grants
5
Total Giving
$58K
Average Grant
$12K
Median Grant
$13K
Unique Recipients
2
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Garippa FoundationTO FURTHER EXEMPT PURPOSE | Naples, FL | $13K | 2023 |
| Furman University Student Loan Assistance ProgramTO FURTHER EXEMPT PURPOSE | Greenville, SC | $7K | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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