Esperanza Fund Inc is a private foundation focused on Education, based in NEPTUNE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 7 grants totaling $25K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$67K
-14.0% YoY
Annual Giving
$25K
-43.6% YoY
Grant Count
7
-50.0% YoY
Avg Grant Size
$4K
+12.8% YoY
Under IRS private-foundation payout rules, Esperanza Fund Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Esperanza Fund Inc
Based on IRS filings
Esperanza Fund Inc is a private foundation focused on Education, based in NEPTUNE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $67K in total assets. In 2024, it awarded 7 grants totaling $25K. Net investment income was $16K.
Focus Areas
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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 | $66,827 | $77,698 | $113,374 |
| Revenue | $16,568 | $11,853 | $-3,021 |
| Expenses | $27,439 | $47,529 | $30,656 |
| Qualifying Distributions | $27,115 | $47,376 | $30,413 |
| Net Investment Income | $16,320 | $11,700 | $1,377 |
| Distributable Amount | $5,052 | $5,480 | $5,540 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Red Bank Catholic High School for Miley Gonzalez ($8,675), Red Bank Catholic High School for Nicholas Salinas ($5,400), Red Bank Catholic High School for Anne Celestin ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FACTS FOR MILEY GONZALEZ LINCOLN, NE | SCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | $290 |
| OUR LADY OF MOUNT CARMEL SCHOOL FOR ANGEL MONTERO-JOSE ASBURY PARK, NJ | SCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | $3,000 |
| RED BANK CATHOLIC HIGH SCHOOL FOR ANTONELLA VELASQUEZ RED BANK, NJ | SCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | $2,000 |
| RED BANK CATHOLIC HIGH SCHOOL FOR EILEEN CRUZ RED BANK, NJ | SCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | $2,000 |
| RED BANK CATHOLIC HIGH SCHOOL FOR NICHOLAS SALINAS RED BANK, NJ | SCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | $5,400 |
| RED BANK CATHOLIC HIGH SCHOOL FOR ANNE CELESTIN RED BANK, NJ | GENERAL SUPPORT | $4,000 |
| RED BANK CATHOLIC HIGH SCHOOL FOR MILEY GONZALEZ RED BANK, NJ | GENERAL SUPPORT | $8,675 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHEL MARKS | PRESIDENT | — | — |
| STEVEN TRESON | SECRETARY | — | — |
| DEBORAH L LODATO | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Esperanza Fund Inc?
Esperanza Fund Inc is a private foundation focused on Education, based in NEPTUNE, NJ. It holds $67K in total assets as of 2024.
How large is Esperanza Fund Inc?
As of 2024, Esperanza Fund Inc holds $67K in total assets with $17K in annual revenue. It awarded 7 grants totaling $25K in 2024.
Where does Esperanza Fund Inc operate?
Esperanza Fund Inc has awarded grants in Minnesota, Nebraska, New Jersey.
What size grants does Esperanza Fund Inc award?
In 2024, Esperanza Fund Inc awarded 7 grants totaling $25K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Esperanza Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Esperanza Fund Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Esperanza Fund Inc's EIN?
Esperanza Fund Inc's EIN (Employer Identification Number) is 81-4806608. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Esperanza Fund 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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