Michael Ferro has found great opportunity to give back to his community, offering funding and support to numerous charities and nonprofit organizations through his charitable foundation, The Michael and Jacqueline Ferro Foundation.
Michael started this charitable foundation with his wife Jacqueline J. Ferro in 2006.
One of his most recent and noted contributions was a $1 million gift to the Capital Gazette Families Fund through the Ferro Foundation. The money will go towards providing aid to survivors and families of the victims of the tragic shooting that occurred on June 28, 2018 at the Capital Gazette offices in Annapolis, Maryland.
On September 21, 2020, the Fallen Journalists Memorial Act was passed by the House of Representatives. This legislation will allow The Fallen Journalists Foundation to create a public memorial honoring the victims of the Capital Gazette event along with journalists across the globe who have lost their lives while reporting in dangerous circumstances.
Michael Ferro is also listed on the Metro Honorary Leadership Board for the WINGS Program, a nonprofit organization working to provide housing, education, clothing, food, and other integrated services to victims of domestic violence and abuse.
He founded and donated $2 Million to the Northwestern University Garage Entrepreneur Innovation Center & Incubator to support entrepreneurial prowess.
Ferro has been a member of numerous philanthropic boards including the Lurie Children’s Hospital, Northwestern Memorial Foundation, The Chicago Community Trust, Big Shoulders Foundation, After School Matters, as well as the Museum of Science & Industry.
Contributions & Commitments of $1 Million Or More:
- Capital Gazette Families Fund
- Ferro Fountain to the Holocaust Museum and Education Center
- Northwestern University Garage Project
- Field Museum of Natural History
- Melanoma Research Alliance Foundation
- University of Notre Dame
- Museum of Science and Industry
- Lyric Opera