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Ferri Family Foundation is a private trust based in KEY LARGO, FL. The foundation received its IRS ruling in 2015. It holds total assets of $76.6M. Annual income is reported at $18.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Ferri Family Foundation has made 16 grants totaling $2.9M, with a median grant of $50K. The foundation has distributed between $1.5M and $1.5M annually from 2020 to 2023. Individual grants have ranged from $5K to $1.5M, with an average award of $184K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Florida, New York, Massachusetts, which account for 75% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Ferri Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in FL, NY, MA.
Ferri Family Foundation has distributed a total of $2.9M across 16 grants. The median grant size is $50K, with an average of $184K. Individual grants have ranged from $5K to $1.5M.
Ferri Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ferri Family Foundation is headquartered in KEY LARGO, FL. While based in FL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul J Ferri | Trustee | $0 | $0 | $0 |
| Barbara B Ferri | Trustee | $0 | $0 | $0 |
Total Giving
$1.5M
Total Assets
$63.2M
Fair Market Value
$54M
Net Worth
$61.7M
Grants Paid
$1.5M
Contributions
$6.6M
Net Investment Income
$681K
Distribution Amount
$2.2M
Total: $48.7M
Total Grants
16
Total Giving
$2.9M
Average Grant
$184K
Median Grant
$50K
Unique Recipients
16
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ferri Family Foundations Fidelity Charitable TrustGeneral Fund - No Restrictions | Key Largo, FL | $1.5M | 2023 |
| Columbia Business SchoolGeneral Fund - No Restrictions | New York, NY | $750K | 2020 |
| Holderness SchoolGeneral Fund - No Restrictions | Holderness, NH | $100K | 2020 |
| Colby CollegeGeneral Fund - No Restrictions | Waterville, ME | $100K | 2020 |
| Dexter Southfield FundGeneral Fund - No Restrictions | Brookline, MA | $100K |
Other foundations that have funded Ferri Family Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Ferri Family Foundation | $1.5M | 2023 | General Fund - No Restrictions |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2020 |
| Navy Seal MuseumGeneral Fund - No Restrictions | Fort Pierce, FL | $100K | 2020 |
| Semper Fi FundGeneral Fund - No Restrictions | Oceanside, CA | $50K | 2020 |
| Yellowstone Club FoundationGeneral Fund - No Restrictions | Bozeman, MT | $50K | 2020 |
| Babson CollegeGeneral Fund - No Restrictions | Wellesley, MA | $50K | 2020 |
| Brigham & Womans HospitalGeneral Fund - No Restrictions | Boston, MA | $50K | 2020 |
| Ocean Reef Community FoundationGeneral Fund - No Restrictions | Key Largo, FL | $35K | 2020 |
| Baptist Health South FloridaGeneral Fund - No Restrictions | Miami, FL | $25K | 2020 |
| Stephen Siller Tunnel To Towers FoundationGeneral Fund - No Restrictions | Staten Island, NY | $25K | 2020 |
| Boston Fund For SightGeneral Fund - No Restrictions | Needham Heights, MA | $10K | 2020 |
| Our Sisters SchoolGeneral Fund - No Restrictions | New Bedford, MA | $10K | 2020 |
| Touch FoundationGeneral Fund - No Restrictions | New York, NY | $5K | 2020 |
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