The Ferolie Family Foundation Inc
- Assets
- $1.7m
- Revenue
- $100.5k
- Investments
- $1.7m
- Employees
- 0
- Location
- Montvale, NJ
- Founding
- Data as of
- 12/2017
- EIN
- 22-3508683
Organization Overview
The Ferolie Family Foundation Inc is located in Montvale, NJ.
For the year ending 12/2017, Ferolie Family Foundation Inc generated $100.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $104.3k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence J Ferolie Trustee | 0 | $0 | |
Jeanne A Ferolie Trustee | 0 | $0 | |
Julie A Ferolie Trustee | 0 | $0 | |
Catherine I Ross Trustee | 0 | $0 | |
Antony J Ferolie Trustee | 0 | $0 | |
Lawrence J Ferolie Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70,264 |
| Capital Gain Net Income | $70,264 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,470 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $727 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,550 |
| Total operating and administrative expenses | $13,277 |
| Contributions, gifts, grants paid | $91,000 |
| Total expenses and disbursements | $104,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,555 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,742,222 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,089 |
| Total liabilities | $1,089 |
Grants Awarded
Over the last fiscal year, The Ferolie Family Foundation Inc has awarded $182,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOOD BANK OF NEW JERSEY PURPOSE: CHARITABLE | $20,000 |
ENGLEWOOD HOSPITAL PURPOSE: CHARITABLE | $50,000 |
FOOD MARKETING EDUCATIONAL FOUNDATION ST JOSEPH'S UNIVERSITY PURPOSE: CHARITABLE | $1,000 |
C&S CHARITIES PURPOSE: CHARITABLE | $5,000 |
THE HOLE IN THE WALL GANG FUND PURPOSE: CHARITABLE | $5,000 |
JUPITER MEDICAL CENTER FOUNDATION PURPOSE: CHARITABLE | $5,000 |