The Ferrara Foundation Inc

Foundation · Grantmaker Wilmington, DE EIN: 92-1281007

The Ferrara Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 1 grant totaling $15K. Net investment income was $229K.

Key facts about The Ferrara Foundation Inc

EIN
92-1281007
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$15,000
Grants made (2024)
1
Average grant
$15,000
Median grant
$15,000
Total assets
$5,167,720
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

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

How The Ferrara Foundation Inc gives

  • In 2024 it paid out 13% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Ferrara Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.2M

+3.9% YoY

Annual Giving

$15K

-93.7% YoY

Grant Count

1

-95.0% YoY

Avg Grant Size

$15K

+26.1% YoY

Under IRS private-foundation payout rules, The Ferrara Foundation Inc reported a distributable amount of $262K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ferrara Foundation Inc

Based on IRS filings

The Ferrara Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 1 grant totaling $15K. Net investment income was $229K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 1 itemized 2024 grant dollars.

Cities

BostonBrooklineClaremontColumbusConcordDallasDenverHagerstownLakevilleLynnMemphisMiddleburyPittsfieldSouth BostonWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M202220232024
Metric202420232022
Total Assets$5,167,720$4,974,837$5,008,018
Revenue$247,032$228,498$5,008,018
Expenses$54,149$261,679—
Qualifying Distributions$33,089$258,429—
Net Investment Income$228,509$228,498$8,018
Distributable Amount$262,116$247,469$16,108

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$119K$179K$238K0 grants202220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Sterling Promise Foundation: $15KSterling Promise Foundation$15K

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Sterling Promise Foundation ($15,000).

RecipientPurposeAmount
STERLING PROMISE FOUNDATION Pittsfield, MAGeneral & Unrestricted$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Alfred J FerraraDir, Treas1—
Claudia J FerraraDir, VP1—
Jack A FerraraDir, Comm Relations Officer1—
John M FerraraDir, Pres1—
Kathleen A FerraraDir, Clerk1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Ferrara Foundation Inc?

The Ferrara Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $5.2M in total assets as of 2024.

How large is The Ferrara Foundation Inc?

As of 2024, The Ferrara Foundation Inc holds $5.2M in total assets with $247K in annual revenue. It awarded 1 grant totaling $15K in 2024.

Where does The Ferrara Foundation Inc operate?

The Ferrara Foundation Inc has awarded grants in California, Colorado, District of Columbia, Massachusetts, Maryland, Ohio, Tennessee, Texas, Vermont.

What size grants does The Ferrara Foundation Inc award?

In 2024, The Ferrara Foundation Inc awarded 1 grant totaling $15K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is The Ferrara Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ferrara Foundation Inc reported a distributable amount of $262K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ferrara Foundation Inc's EIN?

The Ferrara Foundation Inc's EIN (Employer Identification Number) is 92-1281007. IRS Form 990 filing data is available on this page for 2022–2024.

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

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