Spenuzza-velastegui Family Foundation
Spenuzza-velastegui Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONARCH BEACH, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 8 grants totaling $542K. Net investment income was $196K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
-7.7% YoY
Annual Giving
$542K
+15.3% YoY
Grant Count
8
-20.0% YoY
Avg Grant Size
$68K
+44.1% YoY
Under IRS private-foundation payout rules, Spenuzza-velastegui Family Foundation reported a distributable amount of $207K for 2024 — the minimum it must pay out in qualifying distributions.
About Spenuzza-velastegui Family Foundation
Based on IRS filings
Spenuzza-velastegui Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONARCH BEACH, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.1M in total assets. In 2024, it awarded 8 grants totaling $542K. Net investment income was $196K.
Focus Areas
Ready to take the next step with Spenuzza-velastegui Family Foundation?
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 | $4,140,666 | $4,484,812 | $4,768,201 |
| Revenue | $208,777 | $153,824 | $23,051 |
| Expenses | $558,582 | $493,067 | $266,673 |
| Qualifying Distributions | $544,230 | $492,937 | $247,016 |
| Net Investment Income | $196,347 | $136,312 | $23,051 |
| Distributable Amount | $207,018 | $223,912 | $230,939 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Margaret of Scotland Episcopal School ($216,180), Segerstrom Center for the Arts ($130,500), Orange County Museum of Art ($86,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST MARGARET OF SCOTLAND EPISCOPAL SCHOOL SAN JUAN CAPISTRANO, CA | TO EDUCATE YOUNG PEOPLE'S HEARTS AND MINDS FOR LIVES OF LEARNING, LEADERSHIP, AND SERVICE. | $216,180 |
| SEGERSTROM CENTER FOR THE ARTS COSTA MESA, CA | PROVIDE PUBLIC PERFORMING ARTS PORGRAMS. | $130,500 |
| ORANGE COUNTY MUSEUM OF ART COSTA MESA, CA | SUPPORT PUBLIC ART PROGRAMS. | $86,000 |
| DISCOVERY SCIENCE CENTER OF ORANGE COUNTY SANTA ANA, CA | PROVIDE SCIENCE PROGRAMS FOR CHILDREN AND PUBLIC. | $63,300 |
| MISSION PRESERVATION FOUNDATION SAN JUAN CAPISTRANO, CA | TO RAISE FUNDS FOR SPECIALIZED AND COMPREHENSIVE PRESERVATION WORK FOR MISSION SAN JUAN CAPISTRANO. | $25,000 |
| THE ORDER OF CONSTANTINIAN ANGELIC KNIGHTS OF ST GEORGE RUTHERFORD, NJ | DISTRIBUTION OF FOOD AND SUPPLIES TO THE HOMELESS | $10,000 |
| LA OPERA COMPANY LOS ANGELES, CA | TO PROVIDE AN OPPORTUNITY FOR ALL TO ENJOY THE RICH EMOTIONAL. | $10,000 |
| ST JUDE HOSPITAL MEMPHIS, TN | TO ADVANCE TREATMENTS AND PREVENTION METHODS FOR CATASTROPHIC DISEASES IN CHILDREN THROUGH RESEARCH AND TREATMENT. | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETER SPENUZZA | DIRECTOR AND PRESIDENT | 1 | — |
| CECILIA SPENUZZA | DIRECTOR; SECRETARY; TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Spenuzza-velastegui Family Foundation?
Spenuzza-velastegui Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONARCH BEACH, CA. It holds $4.1M in total assets as of 2024.
How large is Spenuzza-velastegui Family Foundation?
As of 2024, Spenuzza-velastegui Family Foundation holds $4.1M in total assets with $209K in annual revenue. It awarded 8 grants totaling $542K in 2024.
Where does Spenuzza-velastegui Family Foundation operate?
Spenuzza-velastegui Family Foundation has awarded grants in California, New Jersey, Tennessee, Virginia.
What size grants does Spenuzza-velastegui Family Foundation award?
In 2024, Spenuzza-velastegui Family Foundation awarded 8 grants totaling $542K — an average of about $68K per grant, based on its IRS Form 990 filings.
How much is Spenuzza-velastegui Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Spenuzza-velastegui Family Foundation reported a distributable amount of $207K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spenuzza-velastegui Family Foundation's EIN?
Spenuzza-velastegui Family Foundation's EIN (Employer Identification Number) is 87-2515474. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Spenuzza-velastegui Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Orange County Community Foundation
IRVINE, CA
Assets
$688.2M
Grants
894
Total Given
$80.3M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Samueli Foundation
CORONA DEL MAR, CA
Assets
$62.2M
Grants
366
Total Given
$80.6M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Ibm International Foundation
ARMONK, NY
Assets
$357.7M
Grants
16
Total Given
$11.7M
Jewish Community Foundation
IRVINE, CA
Assets
$124.4M
Grants
191
Total Given
$10.4M
Mark Chapin Johnson Foundation
MISSION VIEJO, CA
Assets
$8.5M
Grants
16
Total Given
$260K
Macgillivray Family Foundation
LAGUNA BEACH, CA
Assets
$32K
Grants
38
Total Given
$162K
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
More Funders in California
Data last updated April 2026. Sourced from IRS Form 990-PF filings.