Speranza Foundation is located in Tallahassee, FL. The organization was established in 2012. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Speranza Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Speranza Foundation generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Speranza Foundation has awarded 21 individual grants totaling $218,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHICAGO COMMUNITY FOUNDATION (DONOR ADVISED FUND)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Bernadette Luca President | 1 | $0 | |
Scott P Kearney Director | 1 | $0 | |
Joshua F Kearney Director | 1 | $0 | |
Jonathan Linn Director | 1 | $0 | |
Michelle B Linn Director | 1 | $0 | |
Erica M Smith Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,010 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,010 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $61 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $253 |
| Total operating and administrative expenses | $6,049 |
| Contributions, gifts, grants paid | $995,964 |
| Total expenses and disbursements | $1,002,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Speranza Foundation has awarded $55,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CESC PURPOSE: FOOD FOR THE NEEDY | $5,000 |
COMMUNITY FOOD PANTRY PURPOSE: FOOD FOR THOSE AFFECTED BY THE PANDEMIC | $10,000 |
ST JOHN PAUL CATHOLIC HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $20,000 |
TOGETHER WE RISE PURPOSE: SUPPORT FOR FOSTER CHILDREN | $5,000 |
CATHOLIC STUDENT UNION PURPOSE: CAMPUS MINISTRY PROGRAMS | $15,000 |