Massimo and Chiara Ferragamo Family Foundation Inc
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.
Massimo and Chiara Ferragamo Family Foundation Inc at a glance
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.
- Annual giving (2023)
- $84,539
- -29.6% vs 2022
- Grants made (2023)
- 2
- -50.0% vs 2022
- Average grant
- $42,270
- +40.9% vs 2022
- Median grant
- $42,270
- Primary geography
- New York (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Massimo and Chiara Ferragamo Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
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
The most common grant size was under $50K: 6 grants of 13 (46%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 2 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $85K (2023) to $1.2M (2020). In 2023 it made 2 grants totaling $85K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Italian American Cancer Foundation New York, NY | Healthcare | $59,539 |
| Foundation for Italian Art and Culture New York, NY | Preserve Italian Heritage, Scholarships | $25,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $159 | $84,555 | $84,539 | 2 | $84,539 | $159 | $1,875 |
| 2022 | $84,396 | $100,040 | $120,050 | $120,000 | 4 | $120,000 | $40 | $2,596 |
| 2021 | $104,406 | $17 | $105,201 | $105,000 | 2 | $105,000 | $17 | $10,101 |
| 2020 | $209,590 | $914,479 | $1,195,172 | $1,195,000 | 5 | — | $14,479 | $5,273 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Live grants for the work Massimo and Chiara Ferragamo Family Foundation Inc funds
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