The Ferrari Foundation
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.
The Ferrari Foundation at a glance
In short: The Ferrari Foundation gave $1.0M across 1 grant in 2025 (avg $1.0M), mostly in Connecticut. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,000,000
- +300.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $1,000,000
- +300.0% vs 2024
- Median grant
- $1,000,000
- Total assets
- $35,433,607
- +328.0% vs 2024
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Ferrari Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Save the Children Federation Inc US ($1.0M).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $500K–1M range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Ferrari Foundation gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $250K (2024) to $1.4M (2023). In 2025 it made 1 grant totaling $1.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Save the Children Federation Inc US Fairfield, CT | Educational Support | $1,000,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $35,433,607 | $28,474,982 | $1,531,258 | $1,000,000 | 1 | — | $631,720 | — |
| 2024 | $8,279,221 | $1,835,511 | $557,786 | $250,000 | 1 | — | $373,802 | — |
| 2023 | $8,283,767 | $9,693,202 | $1,409,435 | $1,408,593 | 2 | $1,409,014 | $632,221 | $49,570 |
About The Ferrari Foundation
Based on IRS filings
The Ferrari Foundation is a public charity, based in Englewood Cliffs, NJ. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $35.4M in total assets. In 2025, it awarded 1 grant totaling $1.0M. Net investment income was $632K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Ferrari Foundation is led by Matteo Torre, Chairman on every filing since 2023; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Matteo Torre
Chairman
On filings since 2023
2 hrs/week
No compensation reported
Luca Zanetti
Chairman
New on the 2025 filing
2 hrs/week
No compensation reported
David Wertheim
Managing Director & Secretary
On filings since 2023
30 hrs/week
No compensation reported
Carlo Daneo
Board Member
On filings since 2023
0.3 hrs/week
No compensation reported
Gianluca Guzzo
Board Member
On filings since 2023
1 hr/week
No compensation reported
Michele Antoniazzi
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Patrick Granger
Treasurer
On filings since 2023
0.3 hrs/week
No compensation reported
Vittorio Gimelli
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 The Ferrari Foundation
How much does The Ferrari Foundation give each year?
The Ferrari Foundation gave $1.0M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $250K across 1 grant.
How large is The Ferrari Foundation?
The Ferrari Foundation reported $35.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $28.5M.
Where does The Ferrari Foundation operate?
The Ferrari Foundation has awarded grants in California, Connecticut.
What is The Ferrari Foundation's EIN?
The Ferrari Foundation's EIN (Employer Identification Number) is 92-2206921. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 28, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work The Ferrari Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in The Ferrari Foundation's focus areas in our free grants database
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