Ferrero Family Foundation Inc
Ferrero Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GAINESVILLE, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $57K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $4.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$57K
-11.6% YoY
Annual Giving
$8K
-14.8% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$3K
-14.8% YoY
Under IRS private-foundation payout rules, Ferrero Family Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Ferrero Family Foundation Inc
Based on IRS filings
Ferrero Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GAINESVILLE, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $57K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $4.
Focus Areas
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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 | $56,952 | $64,448 | $76,326 |
| Revenue | $4 | $4 | $116,461 |
| Expenses | $7,500 | $11,882 | $56,144 |
| Qualifying Distributions | $7,500 | $11,882 | $56,144 |
| Net Investment Income | $4 | — | — |
| Distributable Amount | $3,119 | $3,494 | $2,315 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Casa De Amparo ($6,000), Nice Guys ($750), Noah Homes ($750).
| Recipient | Purpose | Amount |
|---|---|---|
| NICE GUYS SAN DIEGO, CA | ASSIST UNDERPRIVILEDGED FAMILIES | $750 |
| CASA DE AMPARO SAN MARCOS, CA | SUPPORT THOSE AFFECTED BY AND AT RISK OF CHILD ABUSE AND NEGLECT. | $6,000 |
| NOAH HOMES SPRING VALLEY, CA | PROVIDE RESIDENTIAL CARE FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES. | $750 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS P FERRERO | CEO/CFO | — | — |
| JUDITH I FERRERO | SECRETARY | — | — |
| JUSTIN L FERRERO | DIRECTOR | — | — |
| JULIETTE F JARRARD | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ferrero Family Foundation Inc?
Ferrero Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GAINESVILLE, GA. It holds $57K in total assets as of 2024.
How large is Ferrero Family Foundation Inc?
As of 2024, Ferrero Family Foundation Inc holds $57K in total assets with $4 in annual revenue. It awarded 3 grants totaling $8K in 2024.
Where does Ferrero Family Foundation Inc operate?
Ferrero Family Foundation Inc has awarded grants in California, Florida, New York, Texas.
What size grants does Ferrero Family Foundation Inc award?
In 2024, Ferrero Family Foundation Inc awarded 3 grants totaling $8K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Ferrero Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ferrero Family Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ferrero Family Foundation Inc's EIN?
Ferrero Family Foundation Inc's EIN (Employer Identification Number) is 58-2348659. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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