Fernwood Group Fund
SEE EXPLANATION FOR PART I, LINE 1 ON SCHEDULE O.
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 grants totaling $22.5M. Net investment income was $51.8M.
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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 | $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 | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD K DESCHERER | DIRECTOR THRU 3/23/24 | 0.06 | — |
| PATRICIA E HARRIS | PRESIDENT & CHIEF EXECUTIVE OFFICER | 0.25 | — |
| ALLISON JAFFIN | DIRECTOR | 0.25 | — |
| THOMAS H GOLDEN | DIRECTOR | 0.25 | — |
| DAHLIA PRAGER | DIRECTOR AS OF 4/14/24 | 0.19 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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