The Ferree Foundation was established in 1953 through the vision of Idyl Ferree, a well-known local attorney, and his wife, Mabel. Mr. Ferree was a native and life-long resident of Randolph County, North Carolina. Although childless themselves, Mr. and Mrs. Ferree helped provide a college education for several local students and the idea of an educational foundation was born. The Ferrees seeded the Foundation with a parcel of land which was sold to provide funds for student loans. They took great pleasure in the Foundation, and remained active in its affairs until Mr. Ferree's death in 1965. Mrs. Ferree continued to be involved as her health allowed until her death in 1982. The Ferrees bequeathed a large portion of their estate to the Foundation, increasing its resources and allowing hundreds of students to benefit from their generosity. For over fifty years, The Ferree Foundation has fulfilled Mr. and Mrs. Ferree's dream of helping Randolph County citizens attain their higher education goals.
View Top Employees from The Ferree FoundationWebsite | http://www.ferreefoundation.org |
Revenue | $4 million |
Employees | View employees |
Address | PO Box 2207, Asheboro, North Carolina 27204, US |
Phone | (336) 629-2998 |
Industry | Charitable Organizations & Foundations, Organizations |
SIC | SIC Code 67 Companies, SIC Code 673 Companies |
NAICS | NAICS Code 8132 Companies, NAICS Code 81321 Companies, NAICS Code 813211 Companies, NAICS Code 81 Companies, NAICS Code 813 Companies |
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The The Ferree Foundation annual revenue was $4 million in 2023.
The Ferree Foundation is based in Asheboro, North Carolina.
The NAICS codes for The Ferree Foundation are [8132, 81321, 813211, 81, 813].
The SIC codes for The Ferree Foundation are [67, 673].