Fernald Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $83K in total assets. In 2024, it awarded 7 grants totaling $10K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$83K
-1.2% YoY
Annual Giving
$10K
-41.2% YoY
Grant Count
7
-53.3% YoY
Avg Grant Size
$1K
+26.1% YoY
Under IRS private-foundation payout rules, Fernald Family Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Fernald Family Foundation Inc
Based on IRS filings
Fernald Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $83K in total assets. In 2024, it awarded 7 grants totaling $10K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $83,130 | $84,140 | $98,522 |
| Revenue | $61,263 | $4,347 | $3,186 |
| Expenses | $11,800 | $18,729 | $12,180 |
| Qualifying Distributions | $10,912 | $17,870 | $11,320 |
| Net Investment Income | $4,343 | $2,298 | $2,376 |
| Distributable Amount | $7,292 | $6,427 | $6,627 |
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
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Etta Chase ($2,000), Zachary Jansons ($2,000), Kathy Truong ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMELIE ARANGO CAMPBELL, CA | SCHOLARSHIP | $500 |
| COOPER KUSHMAUL SAN JOSE, CA | SCHOLARSHIP | $1,000 |
| DAVID GRAJEDA LOS GATOS, CA | SCHOLARSHIP | $500 |
| ETTA CHASE SAN JOSE, CA | SCHOLARSHIP | $2,000 |
| ZACHARY JANSONS SAN JOSE, CA | SCHOLARSHIP | $2,000 |
| KATHY TRUONG SAN JOSE, CA | SCHOLARSHIP | $2,000 |
| MARIA EDIRISINGHE LOS GATOS, CA | SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARRY FERNALD | PRESIDENT | — | — |
| RACHEL FERNALD | VICE PRESIDENT | — | — |
| BRETT FERNALD | VICE PRESIDENT | — | — |
| TOBY FERNALD | SECRETARY/CFO | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fernald Family Foundation Inc?
Fernald Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARATOGA, CA. It holds $83K in total assets as of 2024.
How large is Fernald Family Foundation Inc?
As of 2024, Fernald Family Foundation Inc holds $83K in total assets with $61K in annual revenue. It awarded 7 grants totaling $10K in 2024.
Where does Fernald Family Foundation Inc operate?
Fernald Family Foundation Inc has awarded grants in California.
What size grants does Fernald Family Foundation Inc award?
In 2024, Fernald Family Foundation Inc awarded 7 grants totaling $10K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Fernald Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fernald Family Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fernald Family Foundation Inc's EIN?
Fernald Family Foundation Inc's EIN (Employer Identification Number) is 77-0471765. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fernald Family Foundation Inc'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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