The Ferry Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 10 grants totaling $601K. Net investment income was $254K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
-6.5% YoY
Annual Giving
$601K
+4.3% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$60K
-6.1% YoY
Under IRS private-foundation payout rules, The Ferry Family Foundation reported a distributable amount of $297K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ferry Family Foundation
Based on IRS filings
The Ferry Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 10 grants totaling $601K. Net investment income was $254K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,979,171 | $5,327,877 | $5,918,433 |
| Revenue | $362,608 | $90,932 | $4,580,917 |
| Expenses | $711,314 | $681,488 | $712,004 |
| Qualifying Distributions | $616,618 | $591,550 | $622,396 |
| Net Investment Income | $253,941 | $83,040 | — |
| Distributable Amount | $297,078 | $286,910 | $227,119 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Case Western Reserve Univ School of Law ($390,000), Ohio Wesleyan University ($70,000), Judson Retirement Community ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BEER CITY DOG BISCUITS GRAND RAPIDS, MI | ANNUAL FUND | $25,000 |
| BOYS & GIRLS CLUB OF CLEVELAND CLEVELAND, OH | EDUCATIONAL ENHANCEMENT PROGRAMS | $10,000 |
| CASE WESTERN RESERVE UNIV SCHOOL OF LAW CLEVELAND, OH | CAPITAL CAMPAIGN | $390,000 |
| CITY MISSION OF CLEVELAND CLEVELAND, OH | HOMELESS PROJECTS FOR WOMEN AND CHILDREN | $20,000 |
| CLEVELAND ANIMAL PROTECTIVE LEAGUE CLEVELAND, OH | ANNUAL FUND | $1,000 |
| CLEVELAND FOODBANK INC CLEVELAND, OH | FOOD FOR NEEDY | $10,000 |
| CUYAHOGA COUNTY PUBLIC LIBRARY PARMA, OH | HOMEWORK CENTERS | $15,000 |
| JUDSON RETIREMENT COMMUNITY CLEVELAND, OH | CAPITAL CAMPAIGN | $50,000 |
| OHIO WESLEYAN UNIVERSITY DELAWARE, OH | ENDOWMENT FOR STUDENT ENRICHMENT | $70,000 |
| SALVATION ARMY OF CLEVELAND CLEVELAND, OH | HOMELESS PROJECTS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM CULBERTSON | TRUSTEE | 1 | — |
| CAROL COLANGELO | ADMSTRTR & TRSTEE | 15 | $75,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Ferry Family Foundation?
The Ferry Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. It holds $5.0M in total assets as of 2024.
How large is The Ferry Family Foundation?
As of 2024, The Ferry Family Foundation holds $5.0M in total assets with $363K in annual revenue. It awarded 10 grants totaling $601K in 2024.
Where does The Ferry Family Foundation operate?
The Ferry Family Foundation has awarded grants in Arizona, District of Columbia, Michigan, Ohio.
What size grants does The Ferry Family Foundation award?
In 2024, The Ferry Family Foundation awarded 10 grants totaling $601K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is The Ferry Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ferry Family Foundation reported a distributable amount of $297K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ferry Family Foundation's EIN?
The Ferry Family Foundation's EIN (Employer Identification Number) is 32-6000096. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Ferry Family 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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