NonprofitsFerrari Foundation

Private Grantmaking Foundations

Ferrari Foundation

ENGLEWD CLFS, NJ

Total revenue

$1.8M

Total expenses

$558K

Net assets

$8.3M

Grants received

$191K

2 grants

EIN

922206921

Tax year

2024

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.

Programs

1 program

The Foundation provided support for Save the Children Italia ETS exclusively for an educational and urban regeneration efforts for the children living in Province of Venice, Italy.

Expenses: $263KGrants: $263K

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue
Investment income$374K
Other revenue
Total revenue$1.8M

Expenses

Grants paid$513K
Salaries & benefits
Fundraising
Other expenses$45K
Total expenses$558K
Total assets$8.3M
Net assets$8.3M

People

6 listed

NameRoleCompensation

MATTEO TORRE

CHAIRMAN

Board

2 hrs/wk

MICHELE ANTONIAZZI

BOARD MEMBER

Board

0.5 hrs/wk

CARLO DANEO

BOARD MEMBER

Board

0.25 hrs/wk

GIANLUCA GUZZO

BOARD MEMBER

Board

1 hrs/wk

PATRICK GRANGER

TREASURER

Board

0.25 hrs/wk

DAVID WERTHEIM

MANAGING DIRECTOR/SECRETARY

Board

30 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$100K
TO RAISE AWARENESS AROUND TRANSVERSE MYELITIS - INFLAMMATION OF THE SPINAL CORD
2023

Funded by

$191K from 2 funders · 2 grants · 2023

Liautaud Family Foundation

$100K · 1 grant · 2023

Cabrerizo Family Foundation Inc

$91K · 1 grant · 2023

Details

EIN922206921
NTEE codeT20
Subsection03
Ruling date2023-06
Formed2023
Employees0
Volunteers6
FERRARI FOUNDATION — Mission, Financials & Grants Received | Grantivo