Farrell Foundation
The Farrell Foundation is a private foundation based in Roanoke, Virginia. Its 2025 filing lists six charitable grants, primarily to recipients in Virginia.
Farrell Foundation at a glance
In short: Farrell Foundation gave $35K across 6 grants in 2025 (avg $6K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $34,500
- -98.3% vs 2024
- Grants made (2025)
- 6
- -62.5% vs 2024
- Average grant
- $5,750
- -95.5% vs 2024
- Median grant
- $2,500
- Total assets
- $6,315,606
- +0.5% vs 2024
- Primary geography
- Virginia (94% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Farrell Foundation
- How to Apply
-
Submit a letter with a brochure or other information. Award restrictions are determined upon receipt of a request.
- Contact
Application contact: Anne Feazelle
Mailing address: 1824 Williamson Road, Roanoke, VA 24012
Phone: (540) 344-1461
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Farrell Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Olph ($20K). Together the top 6 received $35K.
Grant Size Distribution
133 grants across all recorded years
The most common grant size was under $50K: 125 grants of 133 (94%).
Geographic Focus
Where this funder awards grants
In 2025, 94% of grant dollars went to recipients in Virginia and 6% to recipients in Florida.
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How Farrell Foundation gives
- Giving fell 89% from 2022 to 2025. Method
- In 2025 it paid out 11% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $35K (2025) to $2.0M (2024). In 2025 it made 6 grants totaling $35K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Olph Salem, VA | Charitable | $20,000 |
| Feeding Southwest Virginia Salem, VA | Charitable | $5,000 |
| Holy Trinity Greek Orthodox Church Greek Festival Roanoke, VA | Charitable | $2,500 |
| St Francis Service Dogs Roanoke, VA | Charitable | $2,500 |
| Va Western Educational Foundation Roanoke, VA | Charitable | $2,500 |
| Cool Cruisers Naples, FL | Charitable | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,315,606 | $162,878 | $37,846 | $34,500 | 6 | $34,500 | $138,331 | $319,251 |
| 2024 | $6,282,696 | $1,164,581 | $2,054,668 | $2,045,000 | 16 | $2,049,000 | $152,581 | $248,388 |
| 2023 | $8,595,095 | $533,791 | $427,415 | $418,960 | 42 | $422,960 | $21,741 | $422,582 |
| 2022 | $9,009,380 | $501,789 | $327,824 | $327,787 | 33 | $327,787 | $1,764 | $415,160 |
| 2021 | $7,992,949 | $801,581 | $256,807 | $256,600 | 36 | $256,600 | $1,581 | $326,702 |
| 2020 | $5,275,034 | $6,366 | $243,159 | $242,815 | 42 | — | $6,341 | $255,185 |
Under IRS private-foundation payout rules, Farrell Foundation reported a distributable amount of $319K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement is provided. The 2025 grants went to organizations including a food-distribution nonprofit, a church, a service-dog organization, and an educational foundation. Feeding Southwest Virginia describes its mission as providing food and related products primarily to member agencies for distribution to people in need, as well as distributing food directly.
Grantmaking
In filing year 2025, the foundation reported six grants totaling $34,500. Grant amounts ranged from $2,000 to $20,000, with a median of $2,500. The largest grants were $20,000 to OLPH in Salem, Virginia, and $5,000 to Feeding Southwest Virginia in Salem. The foundation also gave $2,500 each to Holy Trinity Greek Orthodox Church Greek Festival, St Francis Service Dogs, and VA Western Educational Foundation, all in the Roanoke area, and $2,000 to Cool Cruisers in Naples, Florida. The filing states that giving is not restricted to preselected organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Bruce M Farrell as CEO; William J Farrell II as President and Treasurer; Lucy B Farrell as Director; and Kevin Oddo as Secretary.
Farrell Foundation is led by Bruce M. Farrell, CEO since 2022 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bruce M. Farrell
CEO
President → CEO, 2022
On filings since 2020
1 hr/week
No compensation reported
William J Farrell II
President & Treasurer
President → President & Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Lucy B Farrell
Director
On filings since 2022
1 hr/week
No compensation reported
Kevin Oddo
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Anne Feazelle (2021) — Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Farrell Foundation
How much does Farrell Foundation give each year?
Farrell Foundation gave $35K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.0M across 16 grants.
What is Farrell Foundation's typical grant size?
Farrell Foundation's median grant in 2025 was $2,500, and its average grant was $5,750, across 6 grants on its 2025 IRS Form 990-PF.
Where does Farrell Foundation give grants?
Farrell Foundation gives mostly in Virginia: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Florida (6%). The most frequent recipient cities were Roanoke, VA (3 grants) and Salem, VA (2 grants).
Does Farrell Foundation give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Farrell Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (6 grants).
Who are Farrell Foundation's largest grantees?
Farrell Foundation's largest 2025 grantees include Olph ($20,000), Feeding Southwest Virginia ($5,000) and Holy Trinity Greek Orthodox Church Greek Festival ($2,500), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is Farrell Foundation?
Farrell Foundation reported $6.3M in total assets on its 2025 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $319K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Farrell Foundation fund?
No mission statement is provided. The 2025 grants went to organizations including a food-distribution nonprofit, a church, a service-dog organization, and an educational foundation. See mission & focus areas ↑
How do I apply for a grant from Farrell Foundation?
Submit a letter with a brochure or other information. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Farrell Foundation's EIN?
Farrell Foundation's EIN (Employer Identification Number) is 54-1475736. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Farrell Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/farrell-foundation-morg_138dd45dfe604c1d81413956fb041a44
BibTeX
@misc{grantable_541475736_2026,
author = {{Grantable}},
title = {{Farrell Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/farrell-foundation-morg_138dd45dfe604c1d81413956fb041a44},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Farrell Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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