Project America Development Company
Project America Development Company is a private foundation focused on Community Improvement & Capacity Building, based in PHOENIX, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 1 grants totaling $447K. Net investment income was $681K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.6M
-13.9% YoY
Annual Giving
$447K
+0.6% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$447K
+101.1% YoY
About Project America Development Company
Based on IRS filings
Project America Development Company is a private foundation focused on Community Improvement & Capacity Building, based in PHOENIX, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 1 grants totaling $447K. Net investment income was $681K.
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 | $4,582,403 | $5,320,533 | $5,315,330 |
| Revenue | $-72,800 | $759,920 | $639,597 |
| Expenses | $646,079 | $610,738 | $613,158 |
| Qualifying Distributions | $587,170 | $560,509 | $560,981 |
| Net Investment Income | $680,781 | $602,567 | $583,463 |
| Distributable Amount | — | $826 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mary's Ministries ($447,071).
| Recipient | Purpose | Amount |
|---|---|---|
| Mary's Ministries Phoenix, AZ | General Support | $447,071 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Izalco Ruiz | Chairman | 10 | — |
| Israel Diaz | Secretary | 10 | — |
| Rebecca Ruiz | Director | 10 | — |
| Monica Ruiz | Director | 10 | — |
| Rosemary Cardenas | President & CEO | 40 | $30,667 |
| Jorge Sandoval | Director | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Project America Development Company?
Project America Development Company is a private foundation focused on Community Improvement & Capacity Building, based in PHOENIX, AZ. It holds $4.6M in total assets as of 2024.
How large is Project America Development Company?
As of 2024, Project America Development Company holds $4.6M in total assets with $-72,800 in annual revenue. It awarded 1 grants totaling $447K in 2024.
Where does Project America Development Company operate?
Project America Development Company has awarded grants in Arizona.
What size grants does Project America Development Company award?
In 2024, Project America Development Company awarded 1 grants totaling $447K — an average of about $447K per grant, based on its IRS Form 990 filings.
What is Project America Development Company's EIN?
Project America Development Company's EIN (Employer Identification Number) is 86-0947960. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Project America Development Company'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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