Ferraiuolo Foundation
- Assets
- $4.4m
- Revenue
- $775.9k
- Investments
- $3.7m
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-2589483
Organization Overview
Ferraiuolo Foundation is located in Spokane, WA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferraiuolo Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ferraiuolo Foundation generated $775.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $166.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ferraiuolo Foundation has awarded 43 individual grants totaling $604,889. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Ferraiuolo President/treas/director | 1 | $0 | |
Sherry Smith Vice President/director | 0.1 | $0 | |
Gina Ferraiuolo Secretary/director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $208,566 |
| Interest on Savings | $0 |
| Dividends & Interest | $30 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $567,300 |
| Total Revenue | $775,896 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8 |
| Taxes | $7,929 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,262 |
| Contributions, gifts, grants paid | $155,921 |
| Total expenses and disbursements | $166,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $707,753 |
| 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 | $3,696,133 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,403,886 |
| 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 | $16,988 |
| Total liabilities | $16,988 |
Grants Awarded
Over the last fiscal year, Ferraiuolo Foundation has awarded $155,921 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES OF EASTERN WASHINGTON PURPOSE: OPERATIONAL SUPPORT | $8,566 |
EASTERN WASHINGTON UNIVERSITY FOUNDATION PURPOSE: STUDENT ATHLETE DONATIONS | $1,000 |
FEED SPOKANE PURPOSE: OPERATIONAL SUPPORT | $2,500 |
GONZAGA UNIVERSITY PURPOSE: STUDENT ATHLETE DONATIONS | $120,500 |
SPOKANE NEIGHBORHOOD ACTION PARTNERS PURPOSE: OPERATIONAL SUPPORT | $205 |
STOP SOLDIER SUICIDE PURPOSE: OPERATIONAL SUPPORT | $50 |