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Booth Ferris Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Booth Ferris Foundation

270 Park Avenue, 16th Floor, NY1-K348

New York City, NY United States 10017-2014

URL: fdnweb.org/boothferris

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $230,161,854

Total giving: $9,365,000

EIN

136170340

Background

Trusts established in 1957 and 1958 in NY; merged in 1964 - A business executive and banker, Mr. Willis H. Booth was vice-president of both the Guaranty Trust Company and Hotpoint Electric Heating Company. He served on the boards of numerous corporations, and was a member of national and international trade commissions. The foundation was established under the wills of Willis H. Booth and his wife Chancie Ferris Booth.

Purpose and Activities

The foundation's primary interest is in the field of education, including smaller colleges and public education initiatives in New York City. The foundation also makes grants to strengthen the nonprofit sector and support cultural institutions in New York City. Grants in other areas are made occasionally, most often in the fields in which the Booth family had an interest. The foundation primarily funds capital and capacity building projects.

Fields of Interest

Subjects
  • Arts and culture
  • Basic and remedial instruction
  • Child welfare
  • Community and economic development
  • Education
  • Higher education
  • Human services
  • Museums
  • Public administration
  • Public affairs
  • Reading promotion
  • Secondary education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Associations

Financial Data

Year ended 2014-12-31

Assets: $230,161,854 (market value)

Expenditures: $11,012,707

Total giving: $9,365,000

Qualifying distributions: $9,929,861