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Ferrero Family Foundation Inc. is a private corporation based in GAINESVILLE, GA. The foundation received its IRS ruling in 1998. The principal officer is Robert H Hishon. It holds total assets of $57K. Annual income is reported at N/A. Total assets have grown from $31K in 2011 to $64K in 2023. The foundation is governed by 4 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 2023. Grantmaking is concentrated in California. According to available records, Ferrero Family Foundation Inc. has made 9 grants totaling $57K, with a median grant of $8K. Annual giving has decreased from $48K in 2022 to $9K in 2023. Individual grants have ranged from $100 to $13K, with an average award of $6K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in California and Florida and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
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.
Ferrero Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CA, FL, TX.
Ferrero Family Foundation Inc. has distributed a total of $57K across 9 grants. The median grant size is $8K, with an average of $6K. Individual grants have ranged from $100 to $13K.
Ferrero Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ferrero Family Foundation Inc. is headquartered in GAINESVILLE, GA. While based in GA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Juliette F Jarrard | DIRECTOR | $0 | $0 | N/A |
| Judith I Ferrero | SECRETARY | $0 | $0 | N/A |
| Justin L Ferrero | DIRECTOR | $0 | $0 | N/A |
| Louis P Ferrero | CEO/CFO | $0 | $0 | N/A |
Total Giving
$12K
Total Assets
$64K
Fair Market Value
$64K
Net Worth
$64K
Grants Paid
$9K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$3K
Total Grants
9
Total Giving
$57K
Average Grant
$6K
Median Grant
$8K
Unique Recipients
5
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Nice GuysASSIST UNDERPRIVILEDGED FAMILIES | San Diego, CA | $8K | 2023 |
| Marine FamiliesGENERAL SUPPORT OF MARINE FAMILIES | Tampa, FL | $1K | 2023 |
| American Heart AssociationGENERAL SUPPORT OF HEART HEALTH IN AMERICA | Dallas, TX | $100 | 2023 |
| Casa De AmparoSUPPORT THOSE AFFECTED BY AND AT RISK OF CHILD ABUSE AND NEGLECT. | San Marcos, CA | $10K | 2022 |
| San Diego Police FoundationENHANCE LAW ENFORCEMENT AND PUBLIC SAFETY | San Diego, CA | $2K | 2022 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA