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Filing year 2024

THE FERRARI FOUNDATION

Englewood Cliffs, New Jersey·EIN 92-2206921·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.8M
Total assets
$8.3M
Total expenses
$558k
Reported officers
6
Mission

THE FERRARI FOUNDATION BELIEVES THAT EDUCATION IS THE KEY TO OPPORTUNITY. OUR PRIMARY MISSION IS TO HELP IMPROVE ACCESS TO LEARNING OPPORTUNITIES FOR CHILDREN. WE AIM TO SERVE THE NON-PROFIT EDUCATIONAL COMMUNITY BY FUNDING AND SUPPORTING IMPORTANT INITIATIVES.

Reported officers (all unpaid)

No paid executives reported in 2024. THE FERRARI FOUNDATION reported 6 unpaid officers and board members on its 990.

Chairman
Board Member
Board Member
Board Member
Treasurer
Managing Director/secretary

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

THE FERRARI FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.7M
$2.7M
2023
$1.8M
$558k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

THE FERRARI FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about THE FERRARI FOUNDATION

What are THE FERRARI FOUNDATION's revenue and expenses?

In 2024, THE FERRARI FOUNDATION reported $1.8M in total revenue and $558k in total expenses on its IRS Form 990.

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