//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Ferry Family Foundation is a private trust based in WESTLAKE, OH. The foundation received its IRS ruling in 2002. The principal officer is Carol Colangelo. It holds total assets of $5M. Annual income is reported at $2.3M. Total assets have grown from $4.3M in 2011 to $5.3M in 2023. 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 2020 to 2023. The foundation primarily funds organizations in Ohio and Arizona. According to available records, Ferry Family Foundation has made 44 grants totaling $1.7M, with a median grant of $15K. Annual giving has grown from $270K in 2020 to $1.2M in 2022. Individual grants have ranged from $500 to $390K, with an average award of $39K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Ohio, Michigan, Arizona, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$11K
Average Grant
$17K
Largest Grant
$70K
Based on 16 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.
Ferry Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 44 grants. Its grantmaking reaches organizations primarily in OH, MI, AZ.
Ferry Family Foundation has distributed a total of $1.7M across 44 grants. The median grant size is $15K, with an average of $39K. Individual grants have ranged from $500 to $390K.
Ferry Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ferry Family Foundation is headquartered in WESTLAKE, OH. While based in OH, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Colangelo | ADMSTRTR & TRSTEE | $75K | $0 | $75K |
| William Culbertson | TRUSTEE | $0 | $0 | N/A |
Total Giving
$681K
Total Assets
$5.3M
Fair Market Value
$5.7M
Net Worth
$5.3M
Grants Paid
$576K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$287K
Total: $5.1M
Total Grants
44
Total Giving
$1.7M
Average Grant
$39K
Median Grant
$15K
Unique Recipients
16
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Case Western Reserve Univ School Of LawCAPITAL CAMPAIGN | Cleveland, OH | $390K | 2022 |
| Ohio Wesleyan UniversityENDOWMENT FOR STUDENT ENRICHMENT | Delaware, OH | $70K | 2022 |
| Judson Retirement CommunityCAPITAL CAMPAIGN | Cleveland, OH | $50K | 2022 |
| Beer City Dog BiscuitsANNUAL FUND | Grand Rapids, MI | $25K | 2022 |
| City Mission Of ClevelandHOMELESS PROJECTS FOR WOMEN AND CHILDREN | Cleveland, OH | $20K | 2022 |
| Salvation Army Of ClevelandHOMELESS PROJECTS | Cleveland, OH | $15K | 2022 |
| Cuyahoga County Public LibraryHOMEWORK CENTERS | Parma, OH | $15K | 2022 |
| Cleveland Foodbank IncFOOD FOR NEEDY | Cleveland, OH | $10K | 2022 |
| Boys & Girls Club Of ClevelandEDUCATIONAL ENHANCEMENT PROGRAMS | Cleveland, OH | $10K | 2022 |
| Cleveland Animal Protective LeagueANNUAL FUND | Cleveland, OH | $1K | 2022 |
| Scottsdale Boys & Girls ClubAFTER SCHOOL LEARNING PROJECTS | Scottsdale, AZ | $20K | 2020 |
| In MotionPROJECTS CAPITAL CAMPAIGN | Cleveland, OH | $20K | 2020 |
| Desert Botanical GardenGENERAL OPERATING FUND | Phoenix, AZ | $13K | 2020 |
| St Mary'S FoodbankANNUAL FUND | Phoenix, AZ | $13K | 2020 |
| Unversity Hospitals Of ClevelandRESEARCH | Cleveland, OH | $10K | 2020 |
| National Geographic SocietyANNUAL FUND | Washington, DC | $500 | 2020 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH