Fernwood Group Fund

Foundation · Grantmaker New York, NY EIN: 82-2364976

SEE EXPLANATION FOR PART I, LINE 1 ON SCHEDULE O.

Key facts about Fernwood Group Fund

EIN
82-2364976
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$22,500,000
Grants made (2024)
1
Average grant
$22,500,000
Median grant
$22,500,000
Total assets
$669,008,236
Primary geography
District of Columbia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Fernwood Group Fund gives

  • Giving held roughly steady from 2021 to 2024 (−11%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Fernwood Group Fund

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$669.0M

+14.6% YoY

Annual Giving

$22.5M

-1.0% YoY

Grant Count

1

-83.3% YoY

Avg Grant Size

$22.5M

+494.0% YoY

About Fernwood Group Fund

Based on IRS filings

Fernwood Group Fund is a nonprofit organization, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $669.0M in total assets. In 2024, it awarded 1 grant totaling $22.5M. Net investment income was $51.8M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 1 itemized 2024 grant dollars.

Cities

WashingtonSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22M$43M$65M$86M20202021202220232024
Metric202420232022
Total Assets$669,008,236$583,718,782$501,568,106
Revenue$78,356,505$60,608,784$18,445,805
Expenses$28,191,270$28,127,835$30,536,327
Qualifying Distributions———
Net Investment Income$51,829,005$36,481,193$18,445,805
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$13M$19M$25M1 grants20201 grants20212 grants20226 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Tobacco-Free Kids Action Fund: $22.5MTobacco-Free Kids Action Fund$22.5M

Grant Size Distribution

11 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M4$1–5M6$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Tobacco-Free Kids Action Fund ($22,500,000).

RecipientPurposeAmount
TOBACCO-FREE KIDS ACTION FUND Washington, DCTO REDUCE TOBACCO USE$22,500,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Richard K DeschererDirector Thru 3/23/240.06—
Patricia E HarrisPresident & Chief Executive Officer0.25—
Allison JaffinDirector0.25—
Thomas H GoldenDirector0.25—
Dahlia PragerDirector as of 4/14/240.19—

Frequently Asked Questions

How large is Fernwood Group Fund?

As of 2024, Fernwood Group Fund holds $669.0M in total assets with $78.4M in annual revenue. It awarded 1 grant totaling $22.5M in 2024.

Where does Fernwood Group Fund operate?

Fernwood Group Fund has awarded grants in California, District of Columbia.

What size grants does Fernwood Group Fund award?

In 2024, Fernwood Group Fund awarded 1 grant totaling $22.5M — an average of about $22.5M per grant, based on its IRS Form 990 filings.

What is Fernwood Group Fund's EIN?

Fernwood Group Fund's EIN (Employer Identification Number) is 82-2364976. IRS Form 990 filing data is available on this page for 2020–2024.

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

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