The Ponce De Leon Foundation is a private foundation based in Bronx, New York, established in 2017. The foundation was created to strengthen communities served by Ponce Bank through charitable giving and community investment. The foundation operates across five boroughs of New York City and extends into New Jersey.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.4M
+26.3% YoY
Annual Giving
$610K
-1.9% YoY
Grant Count
24
-11.1% YoY
Avg Grant Size
$25K
+10.3% YoY
Under IRS private-foundation payout rules, Ponce De Leon Foundation reported a distributable amount of $663K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: The foundation helps strengthen the communities served by Ponce Bank by providing funding to support charitable causes and organizations located within any county in which the Bank has a branch office.
Primary Focus Areas:
- Youth & Seniors
- Affordable Housing
- Social Services
- Economic Development
- Education
- Healthcare
- Cultural Events
Grantmaking
Average Grant
amounts around $89 based on recent data.
How to Apply
** The foundation operates on a Request for Proposals (RFP) cycle. The next RFP cycle opens in July, with applicants directed to check the foundation's website for application details and submission guidelines.
Ready to take the next step with Ponce De Leon Foundation?
Geographic Focus
Where this funder awards grants
The foundation funds organizations in:
- New York: The Bronx, Manhattan, Brooklyn, Queens
- New Jersey: Union City and surrounding areas
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $13,010,362 (as of 2023); $16,428,209 (as of 2024)
- Total Annual Giving: $622,000–$635,000 (recent years)
- Total Revenue: $4,437 (2023)
- Total Expenses: $645,178 (2023)
- Number of Employees: 0 (volunteer-led organization)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,428,209 | $13,010,362 | $13,101,284 |
| Revenue | $785 | $4,437 | $5,014,948 |
| Expenses | $631,603 | $645,178 | $465,510 |
| Qualifying Distributions | $621,986 | $632,741 | $444,608 |
| Net Investment Income | — | — | — |
| Distributable Amount | $663,323 | $588,972 | $680,753 |
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
110 grants across all recorded years
Open Grants
1 open opportunity from Ponce De Leon Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Andromeda Community Initiative Inc ($30,000), The Hope Program ($30,000), Spanish Speaking Elderly Council Raices Inc ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANDROMEDA COMMUNITY INITIATIVE INC LONG ISLAND CITY, NY | CONSTRUCTION CAREER PATHWAYS | $30,000 |
| THE HOPE PROGRAM BROOKLYN, NY | DIGITAL LITERACY TRAINING FOR LOW-INCOME JOBSEEKERS | $30,000 |
| SPANISH SPEAKING ELDERLY COUNCIL RAICES INC BROOKLYN, NY | MINDFUL JOURNEY | $30,000 |
| REGIONAL AID FOR INTERIM NEEDS INC BRONX, NY | CUCINA DOLORES MOBILE FOOD KITCHEN PROJECT | $30,000 |
| PROJECT HOPE CHARITIES INC JAMAICA, NY | FOOD PANTRY PROJECT | $30,000 |
| PART OF THE SOLUTION BRONX, NY | ESOL SUPPORT | $30,000 |
| PALISADES EMERGENCY RESIDENCE CORP UNION CITY, NJ | TECHNOLOGY ACCESS PROGRAM | $15,000 |
| NEW YORK WOMENS CHAMBER OF COMMERCE INC NEW YORK, NY | CONTRACTHER | $30,000 |
| NEW YORK CITY HOUSING PARTNERSHIP NEW YORK, NY | HOMEOWNERSHIP COUNSELING AND EDUCATION PROGRAM | $30,000 |
| NEW HEIGHTS YOUTH INC BROOKLYN, NY | COLLEGE BOUND PROGRAM | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Steven A. Tsavaris – Chairman of the Board
- Carlos P. Naudon – President and Director
- Madeline V. Marquez – Executive Director
- Kim Ramon – External Affairs
The foundation's leadership team operates primarily on a volunteer basis, with minimal compensation reported for most directors.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN TSAVARIS | CHAIRMAN OF THE BOARD | 1 | — |
| CARLOS NAUDON | PRESIDENT | 1 | — |
| MADELINE MARQUEZ | EXECUTIVE DIRECTOR | 1 | — |
| SERGIO VACCARO | TREASURER | 1 | — |
| LISETTE RIVERA | SECRETARY | 1 | — |
| VALERIE CAMEJO | GRANTS COORDINATOR | 1 | — |
| MARIA A ALVAREZ | DIRECTOR | 1 | — |
| WILLIAM FELDMAN | DIRECTOR | 1 | — |
| JAMES DEMETRIOU | DIRECTOR | 1 | — |
| EVELYN R LAUREANO | DIRECTOR | 1 | $5,000 |
| NICK LUGO JR | DIRECTOR | 1 | — |
| JAMES PEREZ | DIRECTOR | 1 | — |
| RAYMOND RIVERA | DIRECTOR | 1 | $1,000 |
| CATALINA PAVLICK | GRANTS SPECIALIST | 1 | — |
Recent News & Activity
Recent developments and announcements
In January 2026, the Ponce De Leon Foundation announced $635,000 in grants to nonprofits across its service communities. According to Executive Director Madeline V. Marquez, the foundation continues to see growing numbers of grant applications, reflecting both the vast needs and extraordinary potential within the communities it serves. The foundation emphasizes its commitment to honoring all focus areas and distributing funds with fairness and care.
Ponce De Leon Foundation Awarded Grants in the Amount of $635,000 to NonprofitsContact Information
Address: 2244 Westchester Avenue, Bronx, NY 10462-5010
Phone: 718-931-9000
Email: grants@poncedeleonfoundation.org
Website: www.poncedeleonfoundation.org
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Ponce De Leon Foundation fund?
**Mission:** The foundation helps strengthen the communities served by Ponce Bank by providing funding to support charitable causes and organizations located within any county in which the Bank has a branch office. **Primary Focus Areas:** • Youth & Seniors • Affordable Housing • Social Services • Economic Development • Education • Healthcare • Cultural Events
How do I apply for a grant from Ponce De Leon Foundation?
**Grant Amounts:** Typical awards range from $10,000 to $30,000, with average grant amounts around $89 based on recent data. **Recent Grant Activity:** • 2024: 27 grants awarded totaling $622,000 • 2023: 18 grants made totaling approximately $555,000 • 2019: $446,000 awarded across multiple organizations • Since inception (2017): Over $3.6 million in total grants distributed **Application Process:** The foundation operates on a Request for Proposals (RFP) cycle. The next RFP cycle opens in July…
Where does Ponce De Leon Foundation make grants?
The foundation funds organizations in: • **New York:** The Bronx, Manhattan, Brooklyn, Queens • **New Jersey:** Union City and surrounding areas
What size grants does Ponce De Leon Foundation award?
In 2024, Ponce De Leon Foundation awarded 24 grants totaling $610K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Ponce De Leon Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ponce De Leon Foundation reported a distributable amount of $663K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ponce De Leon Foundation's EIN?
Ponce De Leon Foundation's EIN (Employer Identification Number) is 82-1738716. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ponce De Leon Foundation's focus areas in our free grants database
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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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