Esperance Family Foundation Inc
Esperance Family Foundation Inc is a private grantmaking foundation established in Delaware and based in Maple City, Michigan. The foundation holds 501(c)(3) tax-exempt status, with IRS ruling year of 2005. It operates as a family foundation structure.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$129K
+2.7% YoY
Revenue
$6K
+27.9% YoY
Net Investment Income
$3K
+0.6% YoY
Expenses
$3K
-93.7% YoY
Under IRS private-foundation payout rules, Esperance Family Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary giving focuses on:
- Education, including arts education
- Health associations
- Youth services
- YMCA support
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $128,889 | $125,466 | $171,822 |
| Revenue | $6,325 | $4,945 | $132,871 |
| Expenses | $3,234 | $51,109 | $301,445 |
| Qualifying Distributions | — | $50,058 | $291,199 |
| Net Investment Income | $3,467 | $3,445 | $10,002 |
| Distributable Amount | $3,326 | $5,171 | $7,998 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
98 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by the Newton family:
- Roger S Newton — President and Director
- Alex Newton — Director and Vice President
- Coco Newton — Director and Vice President
- Keri Newton — Director and Vice President
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEX NEWTON | DIR, VP | — | — |
| COCO NEWTON | DIR, VP | — | — |
| KERI NEWTON | DIRE, VP | — | — |
| ROGER S NEWTON | PRES, DIR, S | — | — |
| RUSSELL NEWTON | DIR, VP | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Esperance Family Foundation Inc fund?
The foundation's primary giving focuses on: • Education, including arts education • Health associations • Youth services • YMCA support
How much is Esperance Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Esperance Family Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Esperance Family Foundation Inc's EIN?
Esperance Family Foundation Inc's EIN (Employer Identification Number) is 20-0494459. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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