The Cherry Family Foundation is a private foundation established in 2003 and designated as a 501(c)(3) organization. Based in Naples, Florida, it operates as a family foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
+24.4% YoY
Annual Giving
$505K
+79.8% YoY
Grant Count
25
+19.0% YoY
Avg Grant Size
$20K
+51.0% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 25–26 grants in its most recent fiscal year. Recent grantees have included:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Florida
- Massachusetts
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2024):
- Total Assets: $2,105,027
- Total Giving: $504,730–$515,000
- Total Distributions: $515,000
Prior Year Data (2023):
- Total Assets: $1,692,489
- Total Revenues: $204,017
- Total Expenses: $307,268
- Investment Income: $24,484
Revenue Sources (2023):
- Net gain from sale of non-inventory assets: $179,533
- Investment income and dividends: $24,484
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,105,027 | $1,692,489 | $1,797,739 |
| Revenue | $953,760 | $204,017 | $203,246 |
| Expenses | $537,615 | $307,268 | $328,527 |
| Qualifying Distributions | $514,530 | $289,865 | $313,019 |
| Net Investment Income | $217,586 | $187,370 | $114,421 |
| Distributable Amount | $131,134 | $97,884 | $106,820 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
125 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by family members serving in volunteer capacities:
- Arthur L Cherry, President
- Beverly M Cherry, Treasurer
- Alison L Cherry, Vice President/Secretary
- Carolyn N Cherry, Vice President
- Christopher R Cherry, Vice President
- John Scott Cherry, Vice President
All officers work approximately one hour per week with no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ARTHUR L CHERRY | PRESIDENT | 1 | — |
| BEVERLY M CHERRY | TREASURER | 1 | — |
| ALISON L CHERRY | VICE PRESIDENT/SECRETARY | 1 | — |
| CAROLYN N CHERRY | VICE PRESIDENT | 1 | — |
| CHRISTOPHER R CHERRY | VICE PRESIDENT | 1 | — |
| JOHN SCOTT CHERRY | VICE PRESIDENT | 1 | — |
Contact Information
Address: 1493 2nd Ave S Naples, FL 34102-3516
Telephone: 412-443-7473
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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