Ferry Family Charitable Foundation
- Assets
- $12.6m
- Revenue
- $2.0m
- Investments
- $5.7m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 02/1998
- Data as of
- 11/2021
- EIN
- 95-4572960
Organization Overview
Ferry Family Charitable Foundation is located in Seattle, WA. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferry Family Charitable Foundation 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 11/2021, Ferry Family Charitable Foundation generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 38.3% each year . All expenses for the organization totaled $448.4k during the year ending 11/2021. While expenses have increased by 1.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ferry Family Charitable Foundation has awarded 122 individual grants totaling $3,226,159. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ROMAN CATHOLIC CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES CASH DONATIONS TO VARIOUS CHARITABLE ORGANIZATIONS THAT ARE DIRECTLY INVOLVED WITH AND PROVIDE SUPPORT TO THE ROMAN CATHOLIC CHURCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter W Mullin VP & Director | OfficerTrustee | 1 | $0 |
Monsignor Gregory Cox CFO & Director | OfficerTrustee | 1 | $0 |
Margaret Ferry Orem Secretary | OfficerTrustee | 2 | $0 |
Richard M Ferry President & Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $812,032 |
| Noncash contributions included in lines 1a–1f | $412,032 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $812,032 |
| Total Program Service Revenue | $0 |
| Investment income | $784,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $414,180 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,012,520 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $382,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $48,096 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $448,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,250 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,907,028 |
| Investments—other securities | $5,664,039 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,576,317 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $12,576,317 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,576,317 |
Grants Awarded
Over the last fiscal year, Ferry Family Charitable Foundation has awarded $382,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: BENEFIT THE CATHOLIC CHURCH | $120,000 |
Chicago, IL PURPOSE: BENEFIT THE CATHOLIC CHURCH | $60,000 |
Los Angeles, CA PURPOSE: BENEFIT THE CATHOLIC CHURCH | $50,000 |
MATT TALBOT CENTER PURPOSE: BENEFIT THE CATHOLIC CHURCH | $40,000 |
PAULIST FATHERS PURPOSE: BENEFIT THE CATHOLIC CHURCH | $25,000 |
Titusville, FL PURPOSE: BENEFIT THE CATHOLIC CHURCH | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ferry Family Charitable Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Ferry Family Charitable Foundation Seattle, WA PURPOSE: BENEFIT THE CATHOLIC CHURCH | $5,000 |
Ferry Family Charitable Foundation Seattle, WA PURPOSE: BENEFIT THE CATHOLIC CHURCH | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Artsfund Foundation Seattle, WA | $32,553,145 | $1,472,883 |
Ferry Family Charitable Foundation Seattle, WA | $12,576,317 | $2,012,520 |
Mcdougal Foundation Inc Springfield, OR | $3,465,557 | $1,676,343 |
Anchorage Concert Foundation Anchorage, AK | $6,263,266 | $305,327 |
Seattle Childrens Theatre Foundation Seattle, WA | $4,485,050 | $87,884 |
Sunnyside Christian Thrift Shop Sunnyside, WA | $194,161 | $259,830 |
Behnke Foundation Seattle, WA | $2,205,309 | $217,715 |
Mary Clara Allison Charitable Trust Portland, OR | $2,961,345 | $127,640 |
Oregon Hospitality Foundation Wilsonville, OR | $582,544 | $126,448 |
Mano A Mano Prescott, WA | $1,263,895 | $144,072 |
Bruce W Gilpin Memorial Foundation University Place, WA | $1,780,698 | $97,085 |
Battelle Energy Alliance Llc Bea Etc Idaho Falls, ID | $214,741 | $0 |