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Also known as: FAMILY FOUNDATION
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Lisette And Michael Farrell Family Foundation is a private corporation based in LA JOLLA, CA. The foundation received its IRS ruling in 2020. It holds total assets of $1.9M. Annual income is reported at $817K. Total assets have grown from $465K in 2019 to $1.4M in 2023. The foundation is governed by 2 officers and trustees. 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 California, Illinois and Michigan. According to available records, Lisette And Michael Farrell Family Foundation has made 31 grants totaling $248K, with a median grant of $3K. The foundation has distributed between $33K and $113K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $113K distributed across 11 grants. Individual grants have ranged from $200 to $41K, with an average award of $8K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in California, Massachusetts, Michigan, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$4K
Largest Grant
$18K
Based on 8 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.
Lisette And Michael Farrell Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in CA, MA, MI.
Lisette And Michael Farrell Family Foundation has distributed a total of $248K across 31 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $200 to $41K.
Lisette And Michael Farrell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lisette And Michael Farrell Family Foundation is headquartered in LA JOLLA, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael J Farrell | CHIEF EXECUTIVE OFFICER | $0 | $0 | N/A |
| Lisette Farrell | SECRETARY/CFO | $0 | $0 | N/A |
Total Giving
$65K
Total Assets
$1.4M
Fair Market Value
$1.6M
Net Worth
$1.4M
Grants Paid
$35K
Contributions
N/A
Net Investment Income
$61K
Distribution Amount
$74K
Total: N/A
Total Grants
31
Total Giving
$248K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Bishop'S SchoolGENERAL PURPOSE | La Jolla, CA | $21K | 2023 |
| Las PatronasGENERAL PURPOSE | La Jolla, CA | $5K | 2023 |
| Mary Star Of The SeaGENERAL PURPOSE | La Jolla, CA | $3K | 2023 |
| Just RememberGENERAL PURPOSE | San Diego, CA | $3K | 2023 |
| Miles ChristiGENERAL PURPOSE | South Lyon, MI | $3K | 2023 |
| The San Diego FoundationGENERAL PURPOSE | San Diego, CA | $200 | 2023 |
| Father Joe'S VillagesGENERAL PURPOSE | San Diego, CA | $25K | 2022 |
| Boston CollegeGENERAL PURPOSE | Chestnut Hill, MA | $25K | 2022 |
| La Jolla PlayhouseGENERAL PURPOSE | La Jolla, CA | $10K | 2022 |
| Catholic Charities Diocese Of San DiegoGENERAL PURPOSE | San Diego, CA | $2K | 2022 |
| Rady Children'S Hospital FoundationGENERAL PURPOSE | San Diego, CA | $2K | 2022 |
| Catholic ExtensionGENERAL PURPOSE | Chicago, IL | $1K | 2022 |
| The Als AssociationGENERAL PURPOSE | Tustin, CA | $515 | 2022 |
| San Diego SymphonyGENERAL PURPOSE | San Diego, CA | $25K | 2021 |
| Pedal The Cause - San DiegoGENERAL PURPOSE | San Diego, CA | $1K | 2021 |
| The Center'S Young Professionals CouncilGENERAL PURPOSE | San Diego, CA | $3K | 2020 |
| Voices For ChildrenGENERAL PURPOSE | San Diego, CA | $2K | 2020 |
| St Vincent De Paul VillageGENERAL PURPOSE | San Diego, CA | $1K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA