The Richard and Maude Ferry Foundation
The Richard and Maude Ferry Foundation is a private foundation based in Seattle, Washington, established in 2014. It operates as part of The Ferry Foundations, a family-run philanthropic organization rooted in the Catholic tradition. The foundation works to promote the dignity and quality of human life in communities, with particular emphasis on supporting those most vulnerable.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.9M
+10.7% YoY
Annual Giving
$529K
-11.4% YoY
Grant Count
29
+16.0% YoY
Avg Grant Size
$18K
-23.6% YoY
Under IRS private-foundation payout rules, The Richard and Maude Ferry Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers on improving the quality of life for persons living with Alzheimer's disease and related dementias and their care partners. Primary funding focus areas include:
- Dementia and Alzheimer's disease care
- Education
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation operates two primary grant programs:
Average Grant
amounts varying by funding cycle.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Washington, California, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $22,945,934
- Total Revenues: $3,743,772
- Total Expenses: $1,545,961
- Total Giving: $529,000
- Number of Employees: 4
As of 2023:
- Total Assets: $20,721,794
- Total Revenues: $2,670,363
- Total Expenses: $1,208,955
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,945,934 | $20,721,794 | $19,278,734 |
| Revenue | $3,743,772 | $2,670,363 | $1,951,147 |
| Expenses | $1,545,961 | $1,208,955 | $1,360,584 |
| Qualifying Distributions | $1,339,594 | $1,079,411 | $1,038,059 |
| Net Investment Income | $1,052,306 | $544,161 | $325,987 |
| Distributable Amount | $1,328,844 | $1,084,674 | $949,967 |
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
161 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Washington Foundation ($105,500), Kennedy Catholic High School ($50,000), St James Cathedral ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AFRICAN AMERICANS REACH & TEACH HEALTH SEATTLE, WA | MAUDE'S TEAM MEMBER DONATION | $250 |
| ALZHEIMER'S LOS ANGELES LOS ANGELES, CA | MAUDE'S AWARDS | $25,000 |
| ARLIETA HALL CHICAGO, IL | MAUDE'S AWARDS | $5,000 |
| ARTZ PHILADELPHIA PHILADELPHIA, PA | MAUDE'S AWARDS | $25,000 |
| ASSISTANCE LEAGUE OF LONG BEACH LONG BEACH, CA | DONATION FOR CHARITABLE PURPOSES | $25,000 |
| CATHOLIC CHARITIES OF LOS ANGELES LOS ANGELES, CA | CITY OF ANGELS CHRISTMAS GALA | $25,000 |
| CATHOLIC EDUCATION FOUNDATION OF LOS ANGELES LOS ANGELES, CA | DONATION FOR CHARITABLE PURPOSES | $10,000 |
| COOLEY DICKINSON HOSPITAL NORTHAMPTON, MA | MAUDE'S AWARDS | $2,500 |
| CRISTO REY JESUIT SEATTLE SEATTLE, WA | WORK STUDY PROGRAM | $27,500 |
| DEMENTIA ACTION ALLIANCE FALLS CHURCH, VA | MAUDE'S AWARDS | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Richard Ferry — President (founder; compensation $0)
- Quentin Orem — Executive Director / Board Member (2023 compensation: $138,415)
- Marilyn Raichle — Executive Director / Director of Trust Awards (2024 compensation: $50,288)
- Mike Rice — Board Member
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD M FERRY | PRES. & CFO | 1 | — |
| DAVID FERRY | TREASURER | 1 | $3,000 |
| MARGARET OREM | SECRETARY | 1 | $3,000 |
| FR SALZILLO - WESTERN DOMINICAN PRO | DIRECTOR | 1 | $3,000 |
| ANN-MARIE LANGLEY | DIRECTOR | 1 | $750 |
Recent News & Activity
Recent developments and announcements
The foundation's Maude's Ventures initiative was highlighted in 2024 as a significant force in dementia care innovation. The program's 2024 competition opened applications in May 2024, with a deadline of August 5, 2024. The initiative was founded on Richard Ferry's personal experience caring for his wife, Maude, and his commitment to addressing limitations in dementia care.
Maude's Ventures Lights the Way in Dementia CareThe foundation maintains an active web presence and continues to expand its grantmaking activities, with recent hiring indicating organizational growth.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Richard and Maude Ferry Foundation fund?
The foundation's mission centers on improving the quality of life for persons living with Alzheimer's disease and related dementias and their care partners. Primary funding focus areas include: • Dementia and Alzheimer's disease care • Education • Human services • Philanthropy and voluntarism
How do I apply for a grant from The Richard and Maude Ferry Foundation?
The foundation operates two primary grant programs: **Maude's Awards** An initiative designed to enrich the quality of life for persons living with Alzheimer's disease and related dementias and their care partners. **Maude's Ventures** A seed funding program for innovations in dementia care. The program offers grants of up to $50,000 to early-stage ideas. Eligible applicants include individuals, nonprofits, and businesses. Past recipients have included Ella by Taproot (an AI assistant addressin…
Where does The Richard and Maude Ferry Foundation make grants?
The foundation's grantmaking focuses primarily on Washington, California, and Virginia.
What size grants does The Richard and Maude Ferry Foundation award?
In 2024, The Richard and Maude Ferry Foundation awarded 29 grants totaling $529K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Richard and Maude Ferry Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard and Maude Ferry Foundation reported a distributable amount of $1.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richard and Maude Ferry Foundation's EIN?
The Richard and Maude Ferry Foundation's EIN (Employer Identification Number) is 46-4862069. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Richard and Maude Ferry Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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