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EIN 56-6062560

Ferree Educational and Welfare Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Asheboro
State
North Carolina
Year formed
1958
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
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
$116,271
2023
Total expenses
$108,723
2023
Total assets
$2,163,220
2023
Num. employees
0
2023

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 2023 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 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$27,004
Net rental income$0
Net gain from sale of non-inventory assets$39,568
Gross sales of inventory$0
Miscellaneous revenues$49,699
Total revenues$116,271

Form 990s for Ferree Educational and Welfare Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990PFView PDF
2021-122022-11-11990PFView PDF
2020-122022-02-24990PFView PDF
2019-122021-03-01990PFView PDF
2018-122019-12-19990PFView PDF
...and 7 more Form 990s

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Data update history
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 5, 2023
Updated personnel
Identified 1 new personnel
May 15, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
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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