Farrell Family Charitable Foundation
Farrell Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $34K. Net investment income was $427K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+45.2% YoY
Annual Giving
$34K
+55.0% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$5K
+10.7% YoY
Under IRS private-foundation payout rules, Farrell Family Charitable Foundation reported a distributable amount of $124K for 2024 — the minimum it must pay out in qualifying distributions.
About Farrell Family Charitable Foundation
Based on IRS filings
Farrell Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $34K. Net investment income was $427K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,211,541 | $834,465 | $814,324 |
| Revenue | $439,417 | $55,524 | $41,771 |
| Expenses | $49,985 | $33,852 | $130,165 |
| Qualifying Distributions | $36,752 | $28,544 | $120,469 |
| Net Investment Income | $427,188 | $50,766 | $32,075 |
| Distributable Amount | $124,367 | $107,589 | $110,386 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Pittsburgh ($14,000), Penn State University ($10,000), St Jude Children's Research Hospital ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NAPLES BOTANICAL GARDEN Naples, FL | GENERAL CHARITABLE PURPOSE | $2,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL Memphis, TN | GENERAL CHARITABLE PURPOSE | $5,000 |
| HOPE NETWORK PITTSBURGH, PA | GENERAL SUPPORT | $300 |
| UNIVERSITY OF PITTSBURGH PITTSBURGH, PA | EDUCATION | $14,000 |
| HEALTHNETWORK FOUNDATION CLEVELAND, OH | MEDICAL | $1,000 |
| ST JOHN CAPISTRAN CATHOLIC PITTSBURGH, PA | GENERAL SUPPORT | $1,500 |
| PENN STATE UNIVERSITY UNIVERSITY PARK, PA | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GLENMEDE TRUST CO N A | TRUSTEE | 3 | $13,588 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Farrell Family Charitable Foundation?
Farrell Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. It holds $1.2M in total assets as of 2024.
How large is Farrell Family Charitable Foundation?
As of 2024, Farrell Family Charitable Foundation holds $1.2M in total assets with $439K in annual revenue. It awarded 7 grants totaling $34K in 2024.
Where does Farrell Family Charitable Foundation operate?
Farrell Family Charitable Foundation has awarded grants in Florida, Michigan, New York, Ohio, Pennsylvania, Tennessee.
What size grants does Farrell Family Charitable Foundation award?
In 2024, Farrell Family Charitable Foundation awarded 7 grants totaling $34K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Farrell Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Farrell Family Charitable Foundation reported a distributable amount of $124K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Farrell Family Charitable Foundation's EIN?
Farrell Family Charitable Foundation's EIN (Employer Identification Number) is 23-7940677. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Farrell Family Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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