EIN 56-6062560

Ferree Educational and Welfare Fund

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Asheboro
Year formed
1958
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Ferree Educational and Welfare Fund is a private foundation that offers low-interest educational loans and a limited number of scholarships to Randolph County, North Carolina students who are pursuing higher education. The Foundation has helped hundreds of students through loans, scholarships, and grants.
Total revenues
$105,489
2022
Total expenses
$132,488
2022
Total assets
$2,051,664
2022
Num. employees
n/a

Program areas at Ferree Educational and Welfare Fund

Scholarships to students attending a college or university. Recipients are determined based on scholastic achievement and need. For 2022 there were 35 students who received scholarships.

Personnel at Ferree Educational and Welfare Fund

NameTitleCompensation
Linda CranfordExecutive Director$16,396

Financials for Ferree Educational and Welfare Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$25,206
Net rental income$0
Net gain from sale of non-inventory assets$32,751
Gross sales of inventory$0
Miscellaneous revenues$47,532
Total revenues$105,489

Form 990s for Ferree Educational and Welfare Fund

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-11990PFView PDF
2020-122022-02-24990PFView PDF
2019-122021-03-01990PFView PDF
2018-122019-12-19990PFView PDF
2017-122018-12-13990PFView PDF
...and 6 more Form 990s
Data update history
June 5, 2023
Updated personnel
Identified 1 new personnel
May 15, 2023
Updated personnel
Identified 9 new personnel
May 10, 2023
Used new vendors
Identified 1 new vendor, including
August 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
February 7, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 2207
Asheboro, NC 27204
County
Randolph County, NC
Website URL
ferreefoundation.org/ 
Phone
(336) 629-2998
IRS details
EIN
56-6062560
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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