Fernandez Pave the Way Foundation

HENDERSONVILLE, NC EIN: 20-5875641

Fernandez Pave the Way Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $13.3M in total assets. In 2024, it awarded 42 grants totaling $1.1M. Net investment income was $678K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.3M

Annual Giving

$1.1M

Grant Count

42

Avg Grant Size

$27K

Under IRS private-foundation payout rules, Fernandez Pave the Way Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

About Fernandez Pave the Way Foundation

Based on IRS filings

Fernandez Pave the Way Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $13.3M in total assets. In 2024, it awarded 42 grants totaling $1.1M. Net investment income was $678K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AshevilleCayucosClaremontCoral GablesDoralEdneyvilleFort LauderdaleFt LauderdaleGratonHendersonvilleKey BiscayneLeicesterMiamiMiami BeachMiami GardensNew YorkNorth Miami BeachSan Luis ObispoVirginia GardensWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$429K$858K$1M$2M20212024
Metric20242021
Total Assets$13,257,811$14,821,585
Revenue$841,220$1,560,307
Expenses$1,375,723$1,100,075
Qualifying Distributions$1,212,464
Net Investment Income$677,962$1,386,511
Distributable Amount$1,035,338$1,006,731

Giving Over Time

Total grant dollars and number of grants per year

$0$279K$558K$838K$1M19 grants202142 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

TRUE RIDGE FOUNDATION$150KAMERICANS FOR IMMIGRANT …$100KCARE ELEMENTARY$100KCAYUCOS LAND CONSERVANCY$100KJACK & JILL CENTER$100KFRENCH BROAD RIVER ACADEMY$85KAMERICAN ROAD & TRANSPOR…$50KSAN LUIS OBISPO CLASSICA…$50KFEET IN 2 WORLDS$45KAMIGOS OF COSTA RICA$40K

Grant Size Distribution

61 grants across all recorded years

45<$50K7$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include True Ridge Foundation ($150,000), Americans for Immigrant Justice ($100,000), Care Elementary ($100,000).

RecipientPurposeAmount
AMERICANS FOR IMMIGRANT JUSTICE VIRGINIA GARDENS, FLCHARITABLE PURPOSE$100,000
AMIGOS OF COSTA RICA WEST CHESTER, PACHARITABLE PURPOSE$40,000
CARE ELEMENTARY MIAMI, FLCHARITABLE PURPOSE$100,000
CAYUCOS LAND CONSERVANCY CAYUCOS, CACHARITABLE PURPOSE$100,000
FEET IN 2 WORLDS NEW YORK, NYCHARITABLE PURPOSE$45,000
FINAL RUN RESCUE LEICESTER, NCCHARITABLE PURPOSE$5,000
FRENCH BROAD RIVER ACADEMY ASHEVILLE, NCCHARITABLE PURPOSE$20,000
FRENCH BROAD RIVER ACADEMY ASHEVILLE, NCCHARITABLE PURPOSE$85,000
GREAT PYRENEES RESCUE OF WESTERN NO CLAREMONT, NCCHARITABLE PURPOSE$40,000
HANGER HALL SCHOOL FOR GIRLS ASHEVILLE, NCCHARITABLE PURPOSE$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ANA F BURAGLIASECRETARY$109K

From 2024 filing

NameTitleHoursCompensation
JOSE L FERNANDEZPRESIDENT1
KATHLEEN FERNANDEZVICE PRESIDE1
ANA F BURAGLIASECRETARY40$109,041
JOSEPH MICHAEL FERNANDEZTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Fernandez Pave the Way Foundation?

Fernandez Pave the Way Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HENDERSONVILLE, NC. It holds $13.3M in total assets as of 2024.

How large is Fernandez Pave the Way Foundation?

As of 2024, Fernandez Pave the Way Foundation holds $13.3M in total assets with $841K in annual revenue. It awarded 42 grants totaling $1.1M in 2024.

Where does Fernandez Pave the Way Foundation operate?

Fernandez Pave the Way Foundation has awarded grants in California, District of Columbia, Florida, North Carolina, New York, Pennsylvania.

What size grants does Fernandez Pave the Way Foundation award?

In 2024, Fernandez Pave the Way Foundation awarded 42 grants totaling $1.1M — an average of about $27K per grant, based on its IRS Form 990 filings.

How much is Fernandez Pave the Way Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Fernandez Pave the Way Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Fernandez Pave the Way Foundation's EIN?

Fernandez Pave the Way Foundation's EIN (Employer Identification Number) is 20-5875641. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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