Cheryl and Paul Speranza Foundation Inc
Cheryl and Paul Speranza Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pittsford, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $595K in total assets. In 2025, it awarded 14 grants totaling $125K. Net investment income was $75K.
Key facts about Cheryl and Paul Speranza Foundation Inc
In short: Cheryl and Paul Speranza Foundation Inc gave $125K across 14 grants in 2025 (avg $9K), mostly in New York. 43% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 81-1953032
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $124,594
- Grants made (2025)
- 14
- Average grant
- $8,900
- Median grant
- $8,500
- New grantees (estimate)
- 43% first-time grantees (6 of 14, 2025)
- Total assets
- $595,101
- Primary geography
- New York (83% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$595K
+5.8% YoY
Annual Giving
$125K
-55.3% YoY
Grant Count
14
+16.7% YoY
Avg Grant Size
$9K
-61.7% YoY
Under IRS private-foundation payout rules, Cheryl and Paul Speranza Foundation Inc reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.
Is Cheryl and Paul Speranza Foundation Inc open to new grantees?
43%
first-time grantees, 2025
In 2025, 6 of 14 grantees (43%) were first-time recipients. First grants averaged $8K; repeat grants $10K. How we count
Medians: $8K first-time, $9K repeat.
- 50% of 2025 grantees were also funded in 2024. Method
- Giving grew 224% from 2022 to 2025. Method
- In 2025 it paid out 259% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 14 itemized 2025 grant dollars.
Cities
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 2025
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SYRACUSE UNIVERSITY Syracuse, NY | UNRESTRICED - GENERAL CHARITABLE | $20,000 |
| CATHOLIC CHARITIES COMMUNITY SERVICES Dunkirk, NY | UNRESTRICED - GENERAL CHARITABLE | $20,000 |
| NEW YORK UNIVERSITY SCHOOL OF LAW New York, NY | GRANT FOR GRADUATE TAX PROGRAM | $15,000 |
| UNIVERSITY OF SAN FRANCISCO SCHOOL OF LAW San Francisco, CA | GRANT FOR GRADUATE TAX PROGRAM | $15,000 |
| SAINT THOMAS MORE CATHOLIC CHURCH Rochester, NY | UNRESTRICTED - GENERAL CHARITABLE | $10,000 |
| WXXI Rochester, NY | UNRESTRICED - GENERAL CHARITABLE | $10,000 |
| HOLY CROSS CHURCH Rochester, NY | UNRESTRICED - GENERAL CHARITABLE | $9,500 |
| MOTHER OF SORROWS CHURCH Rochester, NY | UNRESTRICED - GENERAL CHARITABLE | $7,500 |
| SANDRA ELLER MERCY PROGRAM Dobbs Ferry, NY | UNRESTRICED - GENERAL CHARITABLE | $7,294 |
| EWTN GLOBAL CATHOLIC NETWORK Irondale, AL | UNRESTRICED - GENERAL CHARITABLE | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $595,101 | $562,576 | $720,115 |
| Revenue | $99,852 | $30,268 | $36,972 |
| Expenses | $137,437 | $312,983 | $205,530 |
| Qualifying Distributions | $137,017 | $312,654 | $205,530 |
| Net Investment Income | $74,659 | $30,206 | $23,650 |
| Distributable Amount | $52,864 | $33,519 | $54,591 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 6, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Cheryl and Paul Speranza Foundation Inc is led by Paul S. Speranza, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Paul S. Speranza
President
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Cheryl and Paul Speranza Foundation Inc
How much does Cheryl and Paul Speranza Foundation Inc give each year?
Cheryl and Paul Speranza Foundation Inc gave $125K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $279K across 12 grants.
What is Cheryl and Paul Speranza Foundation Inc's typical grant size?
Cheryl and Paul Speranza Foundation Inc's median grant in 2025 was $8,500, and its average grant was $8,900, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Cheryl and Paul Speranza Foundation Inc that year got $8K on average.
Where does Cheryl and Paul Speranza Foundation Inc give grants?
Cheryl and Paul Speranza Foundation Inc gives mostly in New York: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (12%). The most frequent recipient cities were Rochester, NY (5 grants).
Does Cheryl and Paul Speranza Foundation Inc give general operating support?
Yes: 86% of Cheryl and Paul Speranza Foundation Inc's 2025 grants with a stated purpose (12 of 14) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Cheryl and Paul Speranza Foundation Inc's largest grantees?
Cheryl and Paul Speranza Foundation Inc's largest 2025 grantees include Syracuse University ($20,000), Catholic Charities Community Services ($20,000) and New York University School of Law ($15,000), according to its 2025 IRS Form 990-PF. Together they received 44% of its itemized 2025 grant dollars.
How large is Cheryl and Paul Speranza Foundation Inc?
Cheryl and Paul Speranza Foundation Inc reported $595K in total assets on its 2025 IRS Form 990-PF. It paid out $137K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).
What is Cheryl and Paul Speranza Foundation Inc?
Cheryl and Paul Speranza Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pittsford, NY. It holds $595K in total assets as of 2025.
What is Cheryl and Paul Speranza Foundation Inc's EIN?
Cheryl and Paul Speranza Foundation Inc's EIN (Employer Identification Number) is 81-1953032. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Cheryl and Paul Speranza Foundation Inc by hand.
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