Firethorn Foundation Inc
Firethorn Foundation Inc is a private foundation, based in Rockville, MD. IRS filing data is available for 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 2 grants totaling $1.0M. Net investment income was $37K.
Firethorn Foundation Inc at a glance
In short: Firethorn Foundation Inc gave $1.0M across 2 grants in 2024 (avg $517K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,033,502
- Grants made (2024)
- 2
- Average grant
- $516,751
- Median grant
- $516,751
- Total assets
- $3,811,570
- Primary geography
- Illinois (96% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Firethorn Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Lungevity Foundation Inc ($996K). Together the top 2 received $1.0M.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Firethorn Foundation Inc gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 2 grants totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lungevity Foundation Inc Chicago, IL | Donated 8,450 shares of nvidia on 09-20-2024 for purpose of mission | $996,002 |
| Virginia Student Aid Foundation Inc DBA Virginia Athletics Foundation Charlottesville, VA | General Operating Expenses | $37,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,811,570 | $4,965,554 | $1,033,502 | $1,033,502 | 2 | $1,033,502 | $37,305 | $17,791 |
Under IRS private-foundation payout rules, Firethorn Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Firethorn Foundation Inc is led by George Ferris, Chair on the 2024 filing; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
George Ferris
Chair
New on the 2024 filing
2 hrs/week
No compensation reported
Andrea Ferris
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Jackson Ferris
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Nicola Ferris
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Thomas Ferris
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 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 Firethorn Foundation Inc
How much does Firethorn Foundation Inc give each year?
Firethorn Foundation Inc gave $1.0M across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is Firethorn Foundation Inc?
Firethorn Foundation Inc reported $3.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets).
Where does Firethorn Foundation Inc operate?
Firethorn Foundation Inc has awarded grants in Illinois, Virginia.
What is Firethorn Foundation Inc's EIN?
Firethorn Foundation Inc's EIN (Employer Identification Number) is 99-4553480. IRS Form 990 filing data is available on this page for 2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2024
Live grants for the work Firethorn Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Firethorn Foundation Inc's focus areas in our free grants database
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