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Ferraro Family Foundation Inc. is a private corporation based in MIAMI, FL. The foundation received its IRS ruling in 2000. The principal officer is James L Ferraro. It holds total assets of $629K. Annual income is reported at $357K. Total assets have decreased from $3.3M in 2010 to $629K in 2024. The foundation is governed by 5 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 2016 to 2024. Grantmaking is concentrated in Florida. According to available records, Ferraro Family Foundation Inc. has made 12 grants totaling $559K, with a median grant of $50K. Annual giving has grown from $1K in 2021 to $243K in 2023. Grantmaking activity was highest in 2022 with $315K distributed across 6 grants. Individual grants have ranged from $500 to $118K, with an average award of $47K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Florida and Connecticut and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$50K
Average Grant
$53K
Largest Grant
$100K
Based on 3 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.
Ferraro Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in FL, CT, MA.
Ferraro Family Foundation Inc. has distributed a total of $559K across 12 grants. The median grant size is $50K, with an average of $47K. Individual grants have ranged from $500 to $118K.
Ferraro Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ferraro Family Foundation Inc. is headquartered in MIAMI, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James L Ferraro | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Luella F Ferraro | DIRECTOR | $0 | $0 | N/A |
| James L Ferraro Jr | DIRECTOR | $0 | $0 | N/A |
| Alexis F Callahan | DIRECTOR | $0 | $0 | N/A |
| Andrew J Ferraro | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$629K
Fair Market Value
N/A
Net Worth
$609K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$559K
Average Grant
$47K
Median Grant
$50K
Unique Recipients
6
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tamarak Country Club IncGENERAL OPERATIONS | Greenwich, CT | $118K | 2023 |
| Best Buddies InternationalGENERAL OPERATIONS | Miami, FL | $75K | 2023 |
| The Buoniconti Fund To Cure Paralysis IncGENERAL OPERATIONS | Miami, FL | $50K | 2023 |
| V G C FoundationGENERAL OPERATIONS | Edgartown, MA | $500 | 2023 |
| The Baptist Health FoundationGENERAL OPERATIONS | Miami, FL | $100K | 2022 |
| Farafonova Olga ViktorovnaPAYMENT OF MEDICAL EXPENSES FOR IMPOVERISHED INDIVIDUAL | Miami Beach, FL | $8K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL