Massimo and Chiara Ferragamo Family
Massimo and Chiara Ferragamo Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
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 reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.
About Massimo and Chiara Ferragamo Family
Based on IRS filings
Massimo and Chiara Ferragamo Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Italian American Cancer Foundation ($59,539), Foundation for Italian Art and Culture ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FOUNDATION FOR ITALIAN ART AND CULTURE NEW YORK, NY | PRESERVE ITALIAN HERITAGE, SCHOLARSHIPS | $25,000 |
| ITALIAN AMERICAN CANCER FOUNDATION NEW YORK, NY | HEALTHCARE | $59,539 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MASSIMO FERRAGAMO | PRESIDENT, DIRECTOR | — | — |
| CHIARA FERRAGAMO | VICE PRESIDENT, TREASURER, | — | — |
| CARA CANZANI | SECRETARY | — | — |
| MEREDITH MAZZOLA | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Massimo and Chiara Ferragamo Family?
Massimo and Chiara Ferragamo Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds — in total assets as of 2023.
Where does Massimo and Chiara Ferragamo Family operate?
Massimo and Chiara Ferragamo Family has awarded grants in District of Columbia, New York.
What size grants does Massimo and Chiara Ferragamo Family award?
In 2023, Massimo and Chiara Ferragamo Family awarded 2 grants totaling $85K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is Massimo and Chiara Ferragamo Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Massimo and Chiara Ferragamo Family 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's EIN?
Massimo and Chiara Ferragamo Family's EIN (Employer Identification Number) is 82-3341839. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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