Ferree Educational & Welfare Fund | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Ferree Educational & Welfare Fund. Data shown is extracted from Form 990-PF filings.
EIN: 56-6062560
Foundation Overview
Based in Asheboro, NC, Ferree Educational & Welfare Fund has awarded 8 grants totaling $527,000 to organizations in North Carolina. Individual grants range from $59,500 to $70,000, with a median award of $68,500.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
1 total grant. Insufficient data for reliable pattern analysis. Foundation may be highly selective or recently established.
Geographic Focus
100% of all grants are concentrated in North Carolina, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within North Carolina, funding concentrates in Various (100%).
Funding Trajectory
Stable funding levels with 4% change over 4 years indicate consistent grant-making capacity and predictable philanthropic resources. This stability suggests reliable ongoing funding opportunities.
Program Areas
Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Ferree Educational & Welfare Fund's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| 31 Different Students For 2024 | $62,000 | Various, NC, US | Scholarships | 2024 |
| 35 Different Students For 2023 | $70,000 | Various, NC, US | Scholarships | 2023 |
| 35 Different Students For 2023 | $70,000 | Various, NC, US | Scholarships | 2023 |
| 35 Different Students For 2022 | $68,500 | Various, NC, US | Scholarships | 2022 |
| 35 Different Students For 2022 | $68,500 | Various, NC, US | Scholarships | 2022 |
| 35 Different Students For 2022 | $68,500 | Various, NC, US | Scholarships | 2022 |
| 30 Different Students For 2021 | $60,000 | Various, NC, US | Scholarships | 2021 |
| 30 Different Students For 2020 | $59,500 | Various, NC, US | Scholarships | 2020 |
Foundations Similar to Ferree Educational & Welfare Fund
Discover 5 foundations with comparable assets ($2,116,954-$2,354,720), similar grant patterns, and geographic focus in NC that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Tw Baptist Retirement Homes Of Nc Inc
EIN: 56-6099337 | 6 grants awarded |
$2,243,085
(≈ Similar) |
$114,000
median grant |
Raleigh, NC
Same state |
|
|
Raleigh School Of Nurse Anesthesia
EIN: 56-1684241 | 4 grants awarded |
$2,296,178
(≈ Similar) |
$75,000
median grant |
Raleigh, NC
Same state |
|
|
Elias S Faison Foundation
EIN: 56-6052820 | 11 grants awarded |
$2,126,112
(≈ Similar) |
$94,617
median grant |
Charlotte, NC
Same state |
|
|
Elizabeth M Eaton Foundation
EIN: 46-1121099 | 5 grants awarded |
$2,116,954
(≈ Similar) |
$130,000
median grant |
Fayetteville, NC
Same state |
|
|
Daniel Gordon Family Foundation
EIN: 84-1333330 | 8 grants awarded |
$2,354,720
(≈ Similar) |
$126,750
median grant |
Mooresville, NC
Same state |
|
Related Foundation Resources in NC:
Contact Information
Official contact details for Ferree Educational & Welfare Fund as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 56-6062560 |
| Website | http://www.ferreefoundation.org |
| Address | PO BOX 2207 Asheboro, NC 27204-2207 |
Key People (9)
Board members, trustees, and key staff who oversee Ferree Educational & Welfare Fund's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| Trustee | Dr Aaron Woody-super Of City School |
|---|---|
| Trustee | David Smith-mayor Of Asheboro |
| Treasurer | Mike King-market Pres Wells Fargo |
| Executive Director | Linda Cranford |
| Trustee | W Mcduffy Johnson-the Welsh Group |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Ferree Educational & Welfare Fund is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.