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Richard And Marlene Ferst Family Foundation is a private trust based in HAVERFORD, PA. The foundation received its IRS ruling in 2009. The principal officer is Richard Ferst. It holds total assets of $5K. Annual income is reported at $953. Total assets have decreased from $146K in 2011 to $10K in 2023. The foundation is governed by 7 officers and trustees. See part 1 line 25a detail. Tax records are available from 2020 to 2023. Funding is distributed across 6 states, including Pennsylvania, Florida, Minnesota. According to available records, Richard And Marlene Ferst Family Foundation has made 20 grants totaling $19K, with a median grant of $375. Individual grants have ranged from $100 to $4K, with an average award of $935. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Pennsylvania, Tennessee, Florida, which account for 70% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$375
Average Grant
$935
Largest Grant
$4K
Based on 10 grants from the most recent 990-PF filing.
See part 1 line 25a detail
Expenses: $19K
See part 1 line 25a detail. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in PA, TN, FL.
Richard And Marlene Ferst Family Foundation has distributed a total of $19K across 20 grants. The median grant size is $375, with an average of $935. Individual grants have ranged from $100 to $4K.
Gifts limited to irs section 501c3 that qualify as public charities under irc 2509.
Richard And Marlene Ferst Family Foundation is headquartered in HAVERFORD, PA. While based in PA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Ferst | MANAGER | $0 | $0 | N/A |
| Marlene Ferst | MANAGER | $0 | $0 | N/A |
| Lauren Ferst | MANAGER | $0 | $0 | N/A |
| Eric Ferst | MANAGER | $0 | $0 | N/A |
| Alison Markowitz | MANAGER | $0 | $0 | N/A |
| David Pressman | MANAGER | $0 | $0 | N/A |
| Adam Ferst | MANAGER | $0 | $0 | N/A |
Total Giving
$10K
Total Assets
$10K
Fair Market Value
$32K
Net Worth
$10K
Grants Paid
$9K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$1K
Total Grants
20
Total Giving
$19K
Average Grant
$935
Median Grant
$375
Unique Recipients
10
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Parkinson FoundationGENERAL CONTRIBUTION | Albert Lea, MN | $250 | 2022 |
| BirthrightGENERAL CONTRIBUTION | New York, NY | $150 | 2022 |
| Main Line Reform TempleGENERAL CONTRIBUTION | Wynnewood, PA | $4K | 2022 |
| Abramson Senior CareGENERAL CONTRIBUTION | Blue Bell, PA | $3K | 2022 |
| Assoc For Adults With Developmental DiabilitiesGENERAL CONTRIBUTION | Jenkintown, PA | $1K | 2022 |
| St Jude Childrens Research HospitalGENERAL CONTRIBUTION | Memphis, TN | $1K | 2022 |
| Diabetes ResearchGENERAL CONTRIBUTION | Hollywood, FL | $500 | 2022 |
| JafcoGENERAL CONTRIBUTION | Bala Cynwyd, PA | $250 | 2022 |
| Longport Volunteer Ambulance SquadGENERAL CONTRIBUTION | Longport, NJ | $100 | 2022 |
| Lower Merion Players Booster ClubGENERAL CONTRIBUTION | Ardmore, PA | $100 | 2022 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA