THE FERRARI FOUNDATION BELIEVES THAT EDUCATION IS THE KEY TO OPPORTUNITY. OUR PRIMARY MISSION IS TO HELP IMPROVE ACCESS TO LEARNING OPPORTUNITIES FOR CHILDREN. WE AIM TO SERVE THE NON-PROFIT EDUCATIONAL COMMUNITY BY FUNDING AND SUPPORTING IMPORTANT INITIATIVES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
-0.1% YoY
Annual Giving
$250K
-82.3% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$250K
-64.5% YoY
About The Ferrari Foundation
Based on IRS filings
The Ferrari Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ENGLEWOOD CLIFFS, NJ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it awarded 1 grants totaling $250K. Net investment income was $374K.
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 | 2024 | 2023 |
|---|---|---|
| Total Assets | $8,279,221 | $8,283,767 |
| Revenue | $1,835,511 | $9,693,202 |
| Expenses | $557,786 | $1,409,435 |
| Qualifying Distributions | — | $1,409,014 |
| Net Investment Income | $373,802 | $632,221 |
| Distributable Amount | — | $49,570 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTEO TORRE | CHAIRMAN | 2 | — |
| MICHELE ANTONIAZZI | BOARD MEMBER | 0.5 | — |
| CARLO DANEO | BOARD MEMBER | 0.25 | — |
| GIANLUCA GUZZO | BOARD MEMBER | 1 | — |
| PATRICK GRANGER | TREASURER | 0.25 | — |
| DAVID WERTHEIM | MANAGING DIRECTOR/SECRETARY | 30 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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