Espere Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $140K in total assets. In 2024, it awarded 20 grants totaling $68K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$140K
-18.1% YoY
Annual Giving
$68K
+109.8% YoY
Grant Count
20
-39.4% YoY
Avg Grant Size
$3K
+246.3% YoY
Under IRS private-foundation payout rules, Espere Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Espere Foundation
Based on IRS filings
Espere Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $140K in total assets. In 2024, it awarded 20 grants totaling $68K. Net investment income was $13K.
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 | $140,200 | $171,149 | $177,593 |
| Revenue | $16,736 | $-4,747 | $713 |
| Expenses | $72,645 | $36,573 | $52,144 |
| Qualifying Distributions | $68,438 | $32,613 | $40,800 |
| Net Investment Income | $12,529 | $1,447 | $3,177 |
| Distributable Amount | $6,712 | $8,409 | — |
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
101 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Funky Frogz Indoor Playground ($30,000), Central Carolina Community College Foundation Inc ($10,000), St Francis Anglican Parish ($6,667).
| Recipient | Purpose | Amount |
|---|---|---|
| Anglican Frontier Missions Richmond, VA | Charity | $2,041 |
| Anglican Relief and Development Fund Cleveland, TN | Charity | $567 |
| Atrium Health Wake Forest Baptist WinstonSalem, NC | Charity | $1,553 |
| Bethel Ensemble Inc Olivia, NC | Charity | $100 |
| Bible Project Portland, OR | Charity | $500 |
| Central Carolina Community College Foundation Inc Sanford, NC | Sharpe/Jordan Scholarship | $10,000 |
| DBR Ministries Sanford, NC | Charity | $500 |
| Family Promise of Lee County Sanford, NC | Charity | $1,000 |
| Funky Frogz Indoor Playground Sanford, NC | Grant | $30,000 |
| Global Service Network Apex, NC | Charity | $4,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dr Marion Butler Pate III | President & Director | — | — |
| Linda Ruth Pate | Secretary-Treasurer | — | — |
| Theresa Leigh Jordan | Vice President | — | — |
| Major Matthew T Pate | Director | — | — |
| Tyler Ryan Jordan | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Espere Foundation?
Espere Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANFORD, NC. It holds $140K in total assets as of 2024.
How large is Espere Foundation?
As of 2024, Espere Foundation holds $140K in total assets with $17K in annual revenue. It awarded 20 grants totaling $68K in 2024.
Where does Espere Foundation operate?
Espere Foundation has awarded grants in Arizona, Iowa, North Carolina, New York, Oregon, Pennsylvania, Tennessee, Texas, Virginia.
What size grants does Espere Foundation award?
In 2024, Espere Foundation awarded 20 grants totaling $68K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Espere Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Espere Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Espere Foundation's EIN?
Espere Foundation's EIN (Employer Identification Number) is 86-2480905. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Espere Foundation'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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