Massimo and Chiara Ferragamo Family Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 82-3341839

Massimo and Chiara Ferragamo Family Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $85K. Net investment income was $159.

Key facts about Massimo and Chiara Ferragamo Family Foundation Inc

In short: Massimo and Chiara Ferragamo Family Foundation Inc gave $85K across 2 grants in 2023 (avg $42K), mostly in New York. Source: 2023 IRS Form 990-PF.

EIN
82-3341839
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$84,539
Grants made (2023)
2
Average grant
$42,270
Median grant
$42,270
Primary geography
New York (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$85K

-29.6% YoY

Grant Count

2

-50.0% YoY

Avg Grant Size

$42K

+40.9% YoY

Under IRS private-foundation payout rules, Massimo and Chiara Ferragamo Family Foundation Inc reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.

How Massimo and Chiara Ferragamo Family Foundation Inc gives

  • Giving fell 93% from 2020 to 2023. Method
  • In 2023 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 2023 grant dollars across all 2 itemized grants.

Cities

New YorkWashington DC

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M5 grants2020 2 grants2021 4 grants2022 2 grants2023

From 2020 to 2023, annual grant giving ranged from $85K (2023) to $1.2M (2020). In 2023 it made 2 grants totaling $85K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

Italian American Cancer Foundation: $60KItalian American CancerFoundation$60KFoundation for Italian Art and Culture: $25KFoundation for Italian Art andCulture$25K

The largest 2023 recipient was Italian American Cancer Foundation ($60K). Together the top 2 received $85K.

Grant Size Distribution

13 grants across all recorded years

6<$50K6$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 6 grants of 13 (46%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Italian American Cancer Foundation New York, NYHealthcare$59,539
Foundation for Italian Art and Culture New York, NYPreserve Italian Heritage, Scholarships$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023
Metric202320222021
Total Assets—$84,396$104,406
Revenue$159$100,040$17
Expenses$84,555$120,050$105,201
Qualifying Distributions$84,539$120,000$105,000
Net Investment Income$159$40$17
Distributable Amount$1,875$2,596$10,101

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Massimo and Chiara Ferragamo Family Foundation Inc is led by Massimo Ferragamo, President & Director on every filing since 2020; none of the 4 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Massimo Ferragamo

    President & Director

    On filings since 2020

    No compensation reported

  • Meredith Mazzola

    Director

    On filings since 2020

    No compensation reported

  • Cara Canzani

    Secretary

    On filings since 2020

    No compensation reported

  • Chiara Ferragamo

    Vice President & Treasurer

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "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 Massimo and Chiara Ferragamo Family Foundation Inc

How much does Massimo and Chiara Ferragamo Family Foundation Inc give each year?

Massimo and Chiara Ferragamo Family Foundation Inc gave $85K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $120K across 4 grants.

Where does Massimo and Chiara Ferragamo Family Foundation Inc operate?

Massimo and Chiara Ferragamo Family Foundation Inc has awarded grants in District of Columbia, New York.

How much is Massimo and Chiara Ferragamo Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Massimo and Chiara Ferragamo Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Massimo and Chiara Ferragamo Family Foundation Inc's EIN?

Massimo and Chiara Ferragamo Family Foundation Inc's EIN (Employer Identification Number) is 82-3341839. IRS Form 990 filing data is available on this page for 2020–2023.

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

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