Ferrero Family Foundation Inc

Private foundation · Grantmaker Gainesville, GA EIN: 58-2348659

Ferrero Family Foundation Inc is a private foundation, 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.

Key facts about Ferrero Family Foundation Inc

In short: Ferrero Family Foundation Inc gave $8K across 3 grants in 2024 (avg $3K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
58-2348659
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$7,500
Grants made (2024)
3
Average grant
$2,500
Median grant
$750
Total assets
$56,952
Primary geography
California (100% of itemized 2024 grant dollars)

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

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.

How Ferrero Family Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−2%). Method
  • In 2024 it paid out 240% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

San DiegoSpring ValleyRancho Santa FeSan MarcosDallasNew YorkOceansideTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K7 grants2020 4 grants2021 3 grants2022 3 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $8K (2024) to $24K (2022). In 2024 it made 3 grants totaling $8K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

CASA De Amparo: $6KCASA De Amparo$6KNice Guys: $750Nice Guys$750Noah Homes: $750Noah Homes$750

The largest 2024 recipient was CASA De Amparo ($6K). Together the top 3 received $8K.

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CASA De Amparo San Marcos, CASupport those affected by and at risk of child abuse and neglect.$6,000
Nice Guys San Diego, CAAssist Underpriviledged Families$750
Noah Homes Spring Valley, CAProvide Residential Care for People with Developmental Disabilities.$750

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

Ferrero Family Foundation Inc is led by Louis P. Ferrero, CEO & CFO on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Louis P. Ferrero

    CEO & CFO

    On filings since 2020

    No compensation reported

  • Juliette F. Jarrard

    Director

    On filings since 2020

    No compensation reported

  • Justin L. Ferrero

    Director

    On filings since 2020

    No compensation reported

  • Judith I. Ferrero

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ferrero Family Foundation Inc

How much does Ferrero Family Foundation Inc give each year?

Ferrero Family Foundation Inc gave $8K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $9K across 3 grants.

What is Ferrero Family Foundation Inc's typical grant size?

Ferrero Family Foundation Inc's median grant in 2024 was $750, and its average grant was $2,500, across 3 grants on its 2024 IRS Form 990-PF.

Where does Ferrero Family Foundation Inc give grants?

Ferrero Family Foundation Inc gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does Ferrero Family Foundation Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Ferrero Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

How large is Ferrero Family Foundation Inc?

Ferrero Family Foundation Inc reported $57K in total assets on its 2024 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

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.

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

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