Cheryl and Paul Speranza Foundation Inc

PITTSFORD, NY EIN: 81-1953032

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 2024. As of 2024, the organization holds $563K in total assets. In 2024, it awarded 12 grants totaling $279K. Net investment income was $30K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$563K

-21.9% YoY

Annual Giving

$279K

+110.6% YoY

Grant Count

12

+9.1% YoY

Avg Grant Size

$23K

+93.1% YoY

Under IRS private-foundation payout rules, Cheryl and Paul Speranza Foundation Inc reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.

About Cheryl and Paul Speranza Foundation Inc

Based on IRS filings

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 2024. As of 2024, the organization holds $563K in total assets. In 2024, it awarded 12 grants totaling $279K. Net investment income was $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BirminghamIrondaleNew YorkPhiladelphiaPittsfordRochesterSan FranciscoShutesburySyracuseWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$313K$627K$940K$1M20202021202220232024
Metric202420232022
Total Assets$562,576$720,115$888,673
Revenue$30,268$36,972$5,023
Expenses$312,983$205,530$192,870
Qualifying Distributions$312,654$205,530$188,870
Net Investment Income$30,206$23,650$20
Distributable Amount$33,519$54,591$50,060

Giving Over Time

Total grant dollars and number of grants per year

$0$70K$139K$209K$279K7 grants20208 grants20217 grants202211 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OUR LADY OF MERCY HIGH S…$167KCAMERON COMMUNITY MINIST…$50KNEW YORK UNIVERSITY SCHO…$10KSAINT THOMAS MORE CATHOL…$10KSYRACUSE UNIVERSITY$10KUNIVERSITY OF SAN FRANCI…$10KGIRL SCOUTS OF GREATER N…$10KMOTHER OF SORROWS CHURCH$4KCLOVERWOOD SENIOR LIVING$3KHOLY CROSS SCHOOL FUND$3K

Grant Size Distribution

45 grants across all recorded years

41<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Our Lady of Mercy High School ($166,870), Cameron Community Ministries ($50,000), New York University School of Law ($10,000).

RecipientPurposeAmount
CATHOLIC MINISTRIES APPEAL PHILADELPHIA, PAUNRESTRICTED - GENERAL$1,000
CLOVERWOOD SENIOR LIVING PITTSFORD, NYUNRESTRICED - GENERAL CHARITABLE$3,000
MOTHER OF SORROWS CHURCH ROCHESTER, NYUNRESTRICED - GENERAL CHARITABLE$4,000
NEW YORK UNIVERSITY SCHOOL OF LAW NEW YORK, NYGRANT FOR GRADUATE TAX PROGRAM$10,000
OUR LADY OF MERCY HIGH SCHOOL ROCHESTER, NYUNRESTRICTED - GENERAL OPERATING EXP$166,870
SAINT THOMAS MORE CATHOLIC CHURCH ROCHESTER, NYUNRESTRICTED - GENERAL CHARITABLE$10,000
SYRACUSE UNIVERSITY SYRACUSE, NYUNRESTRICED - GENERAL CHARITABLE$10,000
UNIVERSITY OF SAN FRANCISCO SCHOOL OF LAW SAN FRANCISCO, CAGRANT FOR GRADUATE TAX PROGRAM$10,000
CAMERON COMMUNITY MINISTRIES ROCHESTER, NYUNRESTRICTED - GENERAL CHARITABLE$50,000
ROCHESTER AREA COMMUNITY FOUNDATION ROCHESTER, NYUNRESTRICTED - GENERAL CHARITABLE$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAUL S SPERANZAPRESIDENT2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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 $563K in total assets as of 2024.

How large is Cheryl and Paul Speranza Foundation Inc?

As of 2024, Cheryl and Paul Speranza Foundation Inc holds $563K in total assets with $30K in annual revenue. It awarded 12 grants totaling $279K in 2024.

Where does Cheryl and Paul Speranza Foundation Inc operate?

Cheryl and Paul Speranza Foundation Inc has awarded grants in Alabama, California, Massachusetts, New York, Pennsylvania.

What size grants does Cheryl and Paul Speranza Foundation Inc award?

In 2024, Cheryl and Paul Speranza Foundation Inc awarded 12 grants totaling $279K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Cheryl and Paul Speranza Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cheryl and Paul Speranza Foundation Inc reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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