Firethorn Foundation Inc

Private foundation · Grantmaker Rockville, MD EIN: 99-4553480

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.

Key facts about Firethorn Foundation Inc

In short: Firethorn Foundation Inc gave $1.0M across 2 grants in 2024 (avg $517K), mostly in Illinois. Source: 2024 IRS Form 990-PF.

EIN
99-4553480
Latest 990 filing
Form 990-PF, 2024
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)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

Annual Giving

$1.0M

Grant Count

2

Avg Grant Size

$517K

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

CharlottesvilleChicago

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M2 grants2024

In 2024 it made 2 grants totaling $1.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Lungevity Foundation Inc: $996KLungevity Foundation Inc$996KVirginia Student Aid Foundation Inc DBA Virginia Athletics Foundation: $38KVirginia Student AidFoundation Inc DBA Virginia…$38K

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

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

The most common grant size was under $50K: 1 grant of 2 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lungevity Foundation Inc Chicago, ILDonated 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, VAGeneral Operating Expenses$37,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2024
Metric2024
Total Assets$3,811,570
Revenue$4,965,554
Expenses$1,033,502
Qualifying Distributions$1,033,502
Net Investment Income$37,305
Distributable Amount$17,791

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal year 2024

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.

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