Aerospike Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 12 grants totaling $942K. Net investment income was $801K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+7.0% YoY
Annual Giving
$942K
+72.9% YoY
Grant Count
12
+140.0% YoY
Avg Grant Size
$79K
-28.0% YoY
Under IRS private-foundation payout rules, Aerospike Foundation Inc reported a distributable amount of $309K for 2024 — the minimum it must pay out in qualifying distributions.
About Aerospike Foundation Inc
Based on IRS filings
Aerospike Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 12 grants totaling $942K. Net investment income was $801K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,250,282 | $4,907,913 | $5,151,838 |
| Revenue | $2,181,541 | $321,806 | $390,826 |
| Expenses | $963,327 | $565,731 | $408,111 |
| Qualifying Distributions | $942,350 | $545,000 | $380,000 |
| Net Investment Income | $800,634 | $301,075 | $362,715 |
| Distributable Amount | $308,510 | $290,604 | $302,798 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Uc San Diego Foundation ($400,000), Committee to Unleash Prosperity ($150,000), The Comfort Club ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SES TENNIS CENTER BENEFIT RANCHO SANTA FE, CA | EDUCATION | $17,000 |
| THE COMFORT CLUB ENCHINITAS, CA | EDUCATION | $125,000 |
| UC SAN DIEGO FOUNDATION LA JOLLA, CA | EDUCATION | $400,000 |
| CITY OF VISION CHERRY VALLEY, MA | MEDICAL | $5,000 |
| COMMITTEE TO UNLEASH PROSPERITY POTOMAC, MD | EDUCATION | $150,000 |
| FACE FOUNDATION NEW YORK, NY | EDUCATION | $2,850 |
| NEW YORK ROAD RUNNERS TEAM FOR KIDS NEW YORK, NY | WELLNESS | $2,500 |
| RANCHO COASTAL HUMANE SOCIETY ENCINITAS, CA | MEDICAL | $55,000 |
| THE VISION OF CHILDREN FOUNDATION SAN DIEGO, CA | MEDICAL | $5,000 |
| ST FELIX PANTRY RIO RANCHO, NM | WELLNESS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES BRANDES | PRESIDENT | — | — |
| RENEE BRANDES | SECRETARY | — | — |
| DEIRDRE BRANDES-OEI | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aerospike Foundation Inc?
Aerospike Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $5.3M in total assets as of 2024.
How large is Aerospike Foundation Inc?
As of 2024, Aerospike Foundation Inc holds $5.3M in total assets with $2.2M in annual revenue. It awarded 12 grants totaling $942K in 2024.
Where does Aerospike Foundation Inc operate?
Aerospike Foundation Inc has awarded grants in California, District of Columbia, Florida, Massachusetts, Maryland, New Mexico, New York, South Carolina.
What size grants does Aerospike Foundation Inc award?
In 2024, Aerospike Foundation Inc awarded 12 grants totaling $942K — an average of about $79K per grant, based on its IRS Form 990 filings.
How much is Aerospike Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aerospike Foundation Inc reported a distributable amount of $309K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aerospike Foundation Inc's EIN?
Aerospike Foundation Inc's EIN (Employer Identification Number) is 85-2107872. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aerospike Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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