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
Among its reported 2024 grants, the largest include Save the Children Federation Inc US ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Save the Children Federation Inc US FAIRFIELD, CT | EDUCATIONAL SUPPORT | $250,000 |
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
Frequently Asked Questions
What is The Ferrari Foundation?
The Ferrari Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ENGLEWOOD CLIFFS, NJ. It holds $8.3M in total assets as of 2024.
How large is The Ferrari Foundation?
As of 2024, The Ferrari Foundation holds $8.3M in total assets with $1.8M in annual revenue. It awarded 1 grants totaling $250K in 2024.
Where does The Ferrari Foundation operate?
The Ferrari Foundation has awarded grants in California, Connecticut.
What size grants does The Ferrari Foundation award?
In 2024, The Ferrari Foundation awarded 1 grants totaling $250K — an average of about $250K per grant, based on its IRS Form 990 filings.
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 2023–2024.
Explore Open Grants
Browse active grant opportunities in The Ferrari Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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