Ferree Educational & Welfare Fund
Gave $62K in 2024Asheboro, North Carolina · EIN 56-6062560 · Private foundation · Website
Funders like this one, matched to your nonprofit
Set your own state and causes to see which of thousands of foundations fit you best.
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | Ferree Educational Welfare Fund |
|---|---|
| Address | PO Box 2207, Asheboro NC 27205 |
| Phone | (336) 629-2998 |
| Form and materials | The application form should be completed and be sure to include the following information: 1) current picture - new applicant only (with name and school on back) 2) type of request - scholarship, loan or both 3) application new or renewal 4) amount of Ferree loan request for the year 5) list of any other pertinent financial information which applies to the students personal situation, i.e., medical needs, care of grandparents, other post-secondary education expenses fo family, and the like 6) copies of the first two pages of the 1040 IRS return for the previous year 7) in the students own handwriting - a personal statement about the student, expressing their hopes, ambitions, and educational goals 8) current high school or college transcript to be included - for new applicants only 9) name and permanent address of someone (non-parent) who will always know the student's address 10) check the box that application is complete 11) parent or guardian signature |
| Deadlines | On or before May 15 each year |
| Restrictions | New students must have graduated from one of the Asheboro city or Randolph County public high schools. A new student attending RCC that is not right out of high school must be a resident of Randolph County. The application requires the attendance at an accredited institution of higher learning with the current limit on scholarship of $2,000 per year. Loans - all returning students were funded at the usual rate of $1,000 per year for four-year degree students and $500 per year for community college students. All new students funded at $500 per year for community college students. |
Wording as filed; text the foundation typed in capitals is shown in normal case. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
Grants paid in tax year 2024
No grants to organizations were itemized on this return.
The return also lists 1 grant to individuals ($62,000). We do not publish the names of individual recipients.
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $62,000 | 1 |
| 2023 | $70,000 | 1 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 13, 2025 - IRS e-file batch, object ID 202513179349101306
- IRS Tax Exempt Organization Search for EIN 56-6062560
- Profile updated Nov 10, 2026 · Report a mistake
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.
Something wrong or missing on this page?
We keep only what you write, the page address and the time - no IP address, no account. Please do not include personal details. Privacy
Your message could not be sent. Please try again later.
Thank you - we read every message.