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Filing year 2024

LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION

La Jolla, California·EIN 83-2428772·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$589k
Total assets
$1.9M
Total expenses
$101k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Secretary/cfo
Chief Executive Officer

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$87k

Itemized grants

12

Median grant

$5k

RecipientLocationPurposeAmount
BOSTON COLLEGECHESTNUT HILL, MAGENERAL PURPOSE$25k
THE BISHOP'S SCHOOLLA JOLLA, CAGENERAL PURPOSE$17k
SAN YSIDRO HEALTH CENTERSAN DIEGO, CAGENERAL PURPOSE$15k
LAS PATRONASLA JOLLA, CAGENERAL PURPOSE$5k
THE SALVATION ARMY WOMEN'S AUXILIARYSAN DIEGO, CAGENERAL PURPOSE$5k
MILES CHRISTISOUTH LYON, MIGENERAL PURPOSE$5k
LA JOLLA PLAYHOUSELA JOLLA, CAGENERAL PURPOSE$5k
JUST REMEMBERSAN DIEGO, CAGENERAL PURPOSE$4k
MARY STAR OF THE SEALA JOLLA, CAGENERAL PURPOSE$3k
LEGATUSANN ARBOR, MIGENERAL PURPOSE$1k
SAWA WODSAN DIEGO, CAGENERAL PURPOSE$1k
ST JUDE P2PMEMPHIS, TNGENERAL PURPOSE$100
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Financial trend

Revenue and expenses over time

LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$71k
$65k
2023
$589k
$101k
2024
Total revenue and total expenses from IRS Form 990 filings.

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 California

LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in California earns a median of $60,111.

25th percentile
$18k
Median
$60,111
75th percentile
$150k
90th percentile
$291k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,889 organizations across 1,889 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for California →
FAQ

Common questions about LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION

What are LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION's revenue and expenses?

In 2024, LISETTE AND MICHAEL FARRELL FAMILY FOUNDATION reported $589k in total revenue and $101k 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.