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Filing year 2023

Farrell Foundation

Roanoke, Virginia·EIN 54-1475736·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$534k
Total assets
$8.6M
Total expenses
$427k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2023. Farrell Foundation reported 4 unpaid officers and board members on its 990-PF.

Secretary
CEO
Director
President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$419k

Itemized grants

42

Median grant

$3k

RecipientLocationPurposeAmount
CARILION CLINICROANOKE, VACHARITABLE$172k
WAKE FORESTWINSTON SALEM, NCCHARITABLE$50k
VA WESTERN COMMUNITY COLLEGE EDUCATIONROANOKE, VACHARITABLE$50k
ROANOKE CULTURE ENDOWMENTROANOKE, VACHARITABLE$20k
OLPHSALEM, VACHARITABLE$10k
UNITED WAYROANOKE, VACHARITABLE$10k
SWVA FOOD BANKSALEM, VACHARITABLE$10k
BRADLEY FREE CLINICROANOKE, VACHARITABLE$8k
BLUE RIDGE MOUNTIAN COUNCIL BSAROANOKE, VACHARITABLE$5k
BLUE RIDGE MOUNTAIN COUNCILROANOKE, VACHARITABLE$5k
V-FOUNDATIONCARY, NCCHARITABLE$5k
BOYS AND GIRLS CLUBRoanoke, VACHARITABLE$5k
ROANOKE VALLEY SPCAROANOKE, VACHARITABLE$5k
FRIENDS OF RIVERS OF VAROANOKE, VACHARITABLE$5k
CHAMPIONS FOR LEARNINGNAPLES, FLCHARITABLE$5k
ANGELS OF ASSISSIROANOKE, VACHARITABLE$4k
ST FRANCIS OF ASSISSIROANOKE, VACHARITABLE$4k
CITY OF SALEM POLICE DEPTSALEM, VACHARITABLE$3k
CITY OF ROANOKE POLICE DEPTROANOKE, VACHARITABLE$3k
CITY OF SALEM RESCUESALEM, VACHARITABLE$3k
THE SHELTERNAPLES, FLCHARITABLE$3k
ROANOKE GREEK FESTIVALROANOKE, VACHARITABLE$3k
COOL CRUISERSNAPLES, FLCHARITABLE$3k
CITY OF ROANOKE FIRE EMSROANOKE, VACHARITABLE$3k
SWVA WILD LIFEROANOKE, VACHARITABLE$3k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

Farrell Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about Farrell Foundation

What are Farrell Foundation's revenue and expenses?

In 2023, Farrell Foundation reported $534k in total revenue and $427k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.