Ponce De Leon Foundation
- Assets
- $13.0m
- Revenue
- $4.4k
- Investments
- $12.2m
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 82-1738716
Organization Overview
Ponce De Leon Foundation is located in Bronx, NY. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ponce DE Leon 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, Ponce DE Leon Foundation generated $4.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.0% each year . All expenses for the organization totaled $645.2k during the year ending 12/2023. While expenses have increased by 25.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ponce DE Leon Foundation has awarded 121 individual grants totaling $2,418,229. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Tsavaris Chairman Of The Board | 1 | $0 | |
Carlos Naudon President | 1 | $0 | |
Madeline Marquez Executive Director | 1 | $0 | |
Sergio Vaccaro Treasurer | 1 | $0 | |
Lisette Rivera Secretary | 1 | $0 | |
Valerie Camejo Grants Coordinator | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $1,437 |
| Dividends & Interest | $0 |
| 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 | $4,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,839 |
| Total operating and administrative expenses | $23,178 |
| Contributions, gifts, grants paid | $622,000 |
| Total expenses and disbursements | $645,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $814,383 |
| 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 | $13,010,362 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,200,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,200,000 |
Grants Awarded
Over the last fiscal year, Ponce De Leon Foundation has awarded $622,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
ACE PROGRAMS PURPOSE: EXPANSION OF SERVICES FOR LOW-INCOME, INDEPENDENTLY HOUSED INDIVIDUALS IN WESTERN QUEENS | $25,000 |
ACT NOW FOUNDATION DEMENTIA RESOURCE CENTER PURPOSE: ALZHEIMER'S CARE PROJECT | $16,000 |
ALD ALLIANCE PURPOSE: NEW YORK ALD OUTREACH PROJECT | $11,000 |
BEHIND THE BOOK PURPOSE: DIRECTOR OF DEVELOPMENT | $20,000 |
BRONX RIVER ALLIANCE INC PURPOSE: YOUTH DEVELOPMENT THROUGH EXPERIENTIAL BRONX RIVER NATURAL AND HISTORICAL EDUCATION | $25,000 |
DANIEL'S MUSIC FOUNDATION PURPOSE: DMF GROUP CLASSES | $20,000 |