Ferris Foundation Inc
- Assets
- $737.2k
- Revenue
- $35.7k
- Investments
- $731.2k
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 13-4013680
Organization Overview
Ferris Foundation Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferris Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ferris Foundation Inc generated $35.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (41.5%) each year. All expenses for the organization totaled $136.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ferris Foundation Inc has awarded 106 individual grants totaling $471,378. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Henshaw Jones President | 1 | $0 | |
Richard Eaton Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $17,563 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,166 |
| Capital Gain Net Income | $18,166 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,737 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,854 |
| Total operating and administrative expenses | $8,629 |
| Contributions, gifts, grants paid | $127,406 |
| Total expenses and disbursements | $136,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,502 |
| Savings and temporary cash investments | $458 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $737,205 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ferris Foundation Inc has awarded $127,406 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ALUMNAE AND ALUMNI OF VASSAR PURPOSE: GENERAL | $500 |
AMERICAN PRAIRIE FOUNDATION PURPOSE: GENERAL | $500 |
BROOKLYN ACADEMY OF MUSIC INC PURPOSE: GENERAL | $10,000 |
BURCHFIELD PENNEY ART CENTER PURPOSE: GENERAL | $100 |
FRIENDS OF KEY WEST LIBRARY PURPOSE: GENERAL | $750 |
KEY WEST FILM SOCIETY INC (DBA TROPIC CINEMA) PURPOSE: GENERAL | $2,500 |