Frank & Vera Ferola Charitable Foundation Inc
Preselected recipients only
Frank & Vera Ferola Charitable Foundation Inc is a private foundation in Boca Raton, Florida. In tax year 2024 it gave $92,310 in 9 grants; the typical grant was $500 and the largest $40,360. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$92,310
- Number of grants9
- Typical grant$500
- Largest grant$40,360
- Assets$105,985
- New grantees44%
Giving in 2024 was up from $91,330 the year before.
44% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $91,250 | 7 | $77,986 |
| 2023 | $91,330 | 6 | $85,100 |
| 2024 | $92,310 | 9 | $105,985 |
How to apply
Frank & Vera Ferola Charitable Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Frank & Vera Ferola Charitable Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to Florida.
| State | Grants | Amount |
|---|---|---|
| Florida | 5 | $90,910 |
| Virginia | 1 | $500 |
| Kansas | 1 | $300 |
| Nebraska | 1 | $300 |
| South Dakota | 1 | $300 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| St John Paul II Academy | To further the organization's qualified purpose | $40,360 |
| Diocese of Palm Beach Lumen Christi Gala | To further the organization's qualified purpose | $25,000 |
| St Jude Catholic Church | To further the organization's qualified purpose | $20,300 |
| Diocese of Palm Beach Services Appeal | To further the organization's qualified purpose | $5,000 |
| Operation Smile | To further the organization's qualified purpose | $500 |
| Boys Town | To further the organization's qualified purpose | $300 |
| St Joseph Indian School | To further the organization's qualified purpose | $300 |
| Wounded Warrior Project | To further the organization's qualified purpose | $300 |
| Furry Friends Humane | To further the organization's qualified purpose | $250 |
Officers and trustees
- Vera Ferola
- William McCarthy Esq
- Peter F Ferola
- Gary Gelo
- Ann Ferola
- Daniel Aubin
- John Levitz
Questions people ask
Does Frank & Vera Ferola Charitable Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Frank & Vera Ferola Charitable Foundation Inc give?
$92,310 in tax year 2024, across 9 grants, with a typical grant of $500.
Who runs Frank & Vera Ferola Charitable Foundation Inc?
Its 2024 filing lists Vera Ferola (President), William McCarthy Esq (Director), Peter F Ferola (Vice President) and Gary Gelo (Director) among 7 officers and trustees.
What does Frank & Vera Ferola Charitable Foundation Inc fund?
Based on its grants, mainly faith communities and education.