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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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