Public Charity

THE FERRARI FOUNDATION

THE FERRARI FOUNDATION, of Englewood Cliffs, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $28.5M in revenue, $1.5M in expenses, $35.4M in total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $3.2M.

EIN: 922206921 Englewood Cliffs, NJ Private Grantmaking Foundations NTEE: T20 Latest filing: 2025
Total Revenue$28.5M
Total Expenses$1.5M
Total Assets$35.4M
Grants Given5
Grant Total$3.2M
Filing Years2023–2025

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.

Where $100 goes at The Ferrari Foundation

How The Ferrari Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$66
The Foundation provided support to Save the Children Inc (US) to support Averson School of Leaders return to learning by investing in essential portable resources that will serve…
68% of program spending
$28
The foundation provided support for fondazione giovanni agnelli's construction of motor valley cottege in the municipality of marandello in the province of modena, italy
28% of program spending
$4
The Foundation provided support for Save the Children Italia ETS project "Impulsa" program with the aim to mitigate inequalities and provide educational opportunities to the most disadvantaged children…
4% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

FAIRFIELD, CT · 2025
EDUCATIONAL SUPPORT
$1,000,000
FAIRFIELD, CT · 2024
EDUCATIONAL SUPPORT
$250,000
MOROCCAN FDN FOR THE PROMOTION OF PRESCHOOL EDUC
2023
SUPPORT FOR STRENGTHENING THE EDUCATIONAL AND MANAGEMENT CAPACITIES OF ITS PRESCHOOL EDUCATION.
$908,593
Social Impact Fund
Los Angeles, CA · 2023
GENERAL SUPPORT
$500,000
Los Angeles, CA · 2023
GENERAL SUPPORT
$500,000

Showing up to 5 of 5 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Carlo Daneo
MANAGING DIRECTOR/SECRETARY David Wertheim
BOARD MEMBER (Thru 7/28/2025) Gianluca Guzzo
CHAIRMAN (Eff. 7/15/2025) Luca Zanetti
CHAIRMAN (Thru 6/28/2025 Matteo Torre
BOARD MEMBER Michele Antoniazzi

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$2,158,593 3 grants
General Support
$1,000,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $28.5M $1.5M $35.4M
2024 $1.8M $558K $8.3M
2023 $9.7M $2.7M $8.3M

Between 2023 and 2025, reported annual revenue grew from $9.7M to $28.5M (+194%), with total assets most recently reported at $35.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CT.

CACT

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE FERRARI FOUNDATION

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