Totals
- Total revenue
- $28,474,982
- Total expenses
- $1,531,258
- Contributions and grants received
- $27,843,262
- Grants paid
- $1,474,007
- Program service revenue
- $0
- Investment income
- $631,720
- Other revenue
- $0
- Total assets, end of year
- $35,433,607
- Total liabilities, end of year
- $210,662
- Net assets or fund balances, end of year
- $35,222,945
- Program services expenses (Part IX)
- $1,474,007
- Management and general expenses
- $57,251
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,474,007
Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$3,590,729
-
1f · All other contributions, gifts and grants
$24,252,533
-
3 · Investment income
total $631,720 · excluded $631,720
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,000,000 · program services $1,000,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $474,007 · program services $474,007
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $32,000 · management and general $32,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $24,732 · management and general $24,732
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: OTHER EXPENSE
total $519 · management and general $519
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $8,273,221 · end of year $35,427,607
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $6,000 · end of year $6,000
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $85,662
-
19 · Deferred revenue
beginning of year $0 · end of year $125,000
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $8,279,221 · end of year $35,222,945
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 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.
Activities or mission (Part I)
The Ferrari Foundation believes that education is the key to opportunity. Our primary mission is to help improve access to learning opportunities for children.
-
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 students now and into the future following a devastating fire on the campus.
Expenses $1,000,000 · Grants $1,000,000
-
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.
Expenses $415,697 · Grants $415,697
-
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 in Seville, SPAIN.
Expenses $58,310 · Grants $58,310
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Luca ZanettiLUCA ZANETTI
CHAIRMAN (Eff. 7/15/2025)
- Total calculated
- $0
- Hours/week
- 2
-
Matteo TorreMATTEO TORRE
CHAIRMAN (Thru 6/28/2025
- Total calculated
- $0
- Hours/week
- 2
-
Michele AntoniazziMICHELE ANTONIAZZI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Carlo DaneoCARLO DANEO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Gianluca GuzzoGIANLUCA GUZZO
BOARD MEMBER (Thru 7/28/2025)
- Total calculated
- $0
- Hours/week
- 1
-
Vittorio GimelliVITTORIO GIMELLI
BOARD MEMBER (Eff. 07/28/2025)
- Total calculated
- $0
- Hours/week
- 1
-
Patrick GrangerPATRICK GRANGER
TREASURER
- Total calculated
- $0
- Hours/week
- 0.25
-
David WertheimDAVID WERTHEIM
MANAGING DIRECTOR/SECRETARY
- Total calculated
- $0
- Hours/week
- 30
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Save the Children Federation Inc US
$1,000,000
EDUCATIONAL SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 5 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611289349303281
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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