Farrell Foundation

Organization Overview

Farrell Foundation is located in Roanoke, VA. The organization was established in 1988. 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. Farrell 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, Farrell Foundation generated $501.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.7% each year . All expenses for the organization totaled $327.8k during the year ending 12/2022. While expenses have increased by 16.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Farrell Foundation has awarded 268 individual grants totaling $1,605,071. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $500,000
Interest on Savings $0
Dividends & Interest $1,789
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 $0
Total Revenue $501,789

Grants Awarded

Over the last fiscal year, Farrell Foundation has awarded $327,787 in support to 33 organizations.

Grant RecipientAmount

APPLE RIDGE FARMS

PURPOSE: CHARITABLE

$2,000

ANGELS OF ASSISSI

PURPOSE: CHARITABLE

$3,500

BLUE RIDGE PUBLIC TV

PURPOSE: CHARITABLE

$2,500

BRADLEY FREE CLINIC

PURPOSE: CHARITABLE

$7,500

BREAST CANCER ALLIANCE

PURPOSE: CHARITABLE

$2,000

CARILION CLINIC FOUNDATION

PURPOSE: CHARITABLE

$94,287
View Grant Profile

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