Michael Spano Foundation Inc

Private foundation · Grantmaker Lake Mary, FL EIN: 47-4637243

Michael Spano Foundation Inc is a private foundation, based in Lake Mary, FL. IRS filing data is available for 2020. As of 2020, the organization holds $5K in total assets. In 2020, it awarded 3 grants totaling $51K.

Key facts about Michael Spano Foundation Inc

In short: Michael Spano Foundation Inc gave $51K across 3 grants in 2020 (avg $17K), mostly in Florida. Source: 2020 IRS Form 990-PF.

EIN
47-4637243
Latest 990 filing
Form 990-PF, 2020
Annual giving (2020)
$50,695
Grants made (2020)
3
Average grant
$16,898
Median grant
$20,000
Total assets
$5,183
Primary geography
Florida (100% of itemized 2020 grant dollars)

Data from IRS Form 990-PF, 2020; updated September 2026.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

$5K

Annual Giving

$51K

Grant Count

3

Avg Grant Size

$17K

Under IRS private-foundation payout rules, Michael Spano Foundation Inc reported a distributable amount of $448 for 2020 — the minimum it must pay out in qualifying distributions.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2020 grant dollars across all 3 itemized grants.

States

Cities

LongwoodOrlando

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K3 grants2020

In 2020 it made 3 grants totaling $51K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2020

Northland Distributed Church: $30KNorthland Distributed Church$30KTrue Northland Foundation: $20KTrue Northland Foundation$20KCentral Florida Community Arts: $695Central Florida Community Arts$695

The largest 2020 recipient was Northland Distributed Church ($30K). Together the top 3 received $51K.

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Northland Distributed Church Longwood, FLFunding for TNA Ministries.$30,000
True Northland Foundation Longwood, FLAccess Ministries$20,000
Central Florida Community Arts Orlando, FLArts for Disabled Community$695

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$20K$40K$60K$80K2020
Metric2020
Total Assets$5,183
Revenue$62,249
Expenses$70,072
Distributable Amount$448

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal year 2020

Leadership & Key People

Officers and directors from IRS filings

Michael Spano Foundation Inc's 2020 filing lists 2 officers; none of the 2 officers listed in 2020 report compensation.

Officers on the 2020 filing

  • Ralph Spano

    Director

    New on the 2020 filing

    8 hrs/week

    No compensation reported

  • Sharon Spano

    Director

    New on the 2020 filing

    20 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020. "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 Michael Spano Foundation Inc

How much does Michael Spano Foundation Inc give each year?

Michael Spano Foundation Inc gave $51K across 3 grants in 2020, according to its 2020 IRS Form 990-PF.

What is Michael Spano Foundation Inc's typical grant size?

Michael Spano Foundation Inc's median grant in 2020 was $20,000, and its average grant was $16,898, across 3 grants on its 2020 IRS Form 990-PF.

Where does Michael Spano Foundation Inc give grants?

Michael Spano Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2020 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Longwood, FL (2 grants).

Does Michael Spano Foundation Inc give general operating support?

Not in 2020: none of the 3 grants with a stated purpose on Michael Spano Foundation Inc's 2020 IRS Form 990-PF were described as general or operating support.

How large is Michael Spano Foundation Inc?

Michael Spano Foundation Inc reported $5K in total assets on its 2020 IRS Form 990-PF. Its revenue that year was $62K.

How much is Michael Spano Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2020, Michael Spano Foundation Inc reported a distributable amount of $448 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael Spano Foundation Inc's EIN?

Michael Spano Foundation Inc's EIN (Employer Identification Number) is 47-4637243. IRS Form 990 filing data is available on this page for 2020.

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

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