NonprofitsFerro Foundation Inc

Private Grantmaking Foundations

Ferro Foundation Inc

COMMACK, NY

Total revenue

$340K

Total expenses

$393K

Net assets

$177K

Grants received

$149K

8 grants

EIN

814817970

Tax year

2023

Mission

To provide college scholarships to enroll freshman towards their pursuit of undergraduate degrees. To provide support for the local community.

Financials

FY 2023

Revenue

Contributions & grants$130K
Program service revenue
Investment income
Other revenue$210K
Total revenue$340K

Expenses

Grants paid$331K
Salaries & benefits
Fundraising
Other expenses$62K
Total expenses$393K
Total assets$177K
Net assets$177K

People

6 listed

NameRoleCompensation

KRIS AMPLO

BOARD MEMBER

Board

CHRISTOPHER FERRO

BOARD MEMBER

Board

JOE HATZFELD

BOARD MEMBER

Board

DR HENRY SIKORSKI

BOARD MEMBER

Board

SALVATORE FERRO

PRESIDENT

Board

SETH SELESNOW

TREASURER

Board

Grants received

Showing 8 of 8

FromAmountPurposeYear
$93K
GENERAL SUPPORT
2024
$9K
EDUCATION GRANT
2024
$4K
CHARITABLE PURPOSES
2024
$7K
EDUCATION GRANT
2023
$5K
CHARITABLE PURPOSES
2023
$155
NON-PROFIT ORGANIZATION
2023
$25K
NON-PROFIT ORGANIZATION
2022

Funded by

$149K from 5 funders · 8 grants · 2022–2024

Paypal Charitable Giving Fund

$93K · 1 grant · 2024

Clark Gillies Foundation

$25K · 2 grants · 2022–2023

The Cassata Foundation Inc

$17K · 2 grants · 2023–2024

The Ferrandino Family Charity Inc

$9K · 2 grants · 2023–2024

Long Island Charities Foundation

$6K · 1 grant · 2022

Details

EIN814817970
NTEE codeT20
Subsection03
Ruling date2017-10
Formed2016
Employees0
FERRO FOUNDATION INC — Mission, Financials & Grants Received | Grantivo