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FERRARI FOUNDATION

EIN 92-2206921 ENGLEWD CLFS, NJ

Browse the largest nonprofits in New Jersey

Revenue 2025
$28,474,982
Expenses 2025
$1,531,258

Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
T20
Classification
1000
Street
250 SYLVAN AVE

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

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.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Luca Zanetti

    CHAIRMAN (Eff. 7/15/2025)

    Total calculated
    $0
    Hours/week
    2

  • Matteo Torre

    CHAIRMAN (Thru 6/28/2025

    Total calculated
    $0
    Hours/week
    2

  • Michele Antoniazzi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Carlo Daneo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Gianluca Guzzo

    BOARD MEMBER (Thru 7/28/2025)

    Total calculated
    $0
    Hours/week
    1

  • Vittorio Gimelli

    BOARD MEMBER (Eff. 07/28/2025)

    Total calculated
    $0
    Hours/week
    1

  • Patrick Granger

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25

  • David 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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $28,474,982
    Expenses
    $1,531,258
    Contributions
    $27,843,262
    Grants paid
    $1,474,007
  • 2024
    Revenue
    $1,835,511
    Expenses
    $557,786
    Contributions
    $1,461,709
    Grants paid
    $512,500
  • 2023
    Revenue
    $9,693,202
    Expenses
    $2,691,706
    Contributions
    $9,653,924
    Grants paid
    $2,682,076
  • 2023
    Revenue
    $9,693,202
    Expenses
    $1,409,435
    Contributions
    $9,653,924
    Grants paid
    $1,408,593

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants paid

From Part XV of the 2023 Form 990-PF , the newest this foundation filed that we hold.

  • MOROCCAN FDN FOR THE PROMOTION OF PRESCHOOL EDUC

    $908,593

    Rabat SUPPORT FOR STRENGTHENING THE EDUCATIONAL AND MANAGEMENT CAPACITIES OF ITS PRESCHOOL EDUCATION.

  • Social Impact Fund

    $500,000

    Los Angeles, CA GENERAL SUPPORT

Grants made

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.