Don Ferraresse Charitable Foundation
- Assets
- $79.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phelan, CA
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 73-1723719
Organization Overview
Don Ferraresse Charitable Foundation is located in Phelan, CA. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Don Ferraresse Charitable 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 12/2021, Don Ferraresse Charitable Foundation generated $124.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $51.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RECOGNIZING OUR YOUTH FOR THEIR CHARITABLE CONTRIBUTIONS AND DEDICATION TO THE QUALITY OF LIFE VIA SCHOLARSHIPS TO STUDENTS. ALSO HONORING OUR COUNTRY'S VETERANS.
Describe the Organization's Program Activity:
Part 3
GRANTED 31 SCHOLARSHIPS TO HIGH SCHOOL STUDENTS IN RECOGNITION OF THEIR CHARITABLE CONTRIBUTIONS AND DEDICATION TO THE QUALITY OF LIFE.
SANTA'S SLEIGH TO BENEFIT 406 CHILDREN OF LESS PRIVELEGED PARENTS.
DINNER TO PROMOTE AWARENESS OF DOMESTIC VIOLENCE IN THE HIGH DESERT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Tate President | 2 | $0 | |
Don Ferrarese Director | 2 | $0 | |
Patricia L Tate Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,152 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,799 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,951 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $60 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $162 |
| Other expenses | $681 |
| Total expenses | $51,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,329 |
| Other assets | $0 |
| Total assets | $79,329 |
| Total liabilities | $10,294 |
| Net assets or fund balances | $69,035 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Don Ferraresse Charitable Foundation has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |