Speranza Foundation Inc

Private foundation · Grantmaker Tallahassee, FL EIN: 45-3716031

Speranza Foundation Inc is a private foundation focused on Human Services, based in Tallahassee, FL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $996K. Net investment income was $2K.

Speranza Foundation Inc at a glance

In short: Speranza Foundation Inc gave $996K across 1 grant in 2023 (avg $996K), mostly in Illinois. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$995,964
+1710.8% vs 2022
Grants made (2023)
1
-80.0% vs 2022
Average grant
$995,964
+8954.2% vs 2022
Median grant
$995,964
Primary geography
Illinois (100% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Speranza Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2023

Chicago Community Foundation: $996KChicago Community Foundation$996K

The largest 2023 recipient was Chicago Community Foundation ($996K).

Grant Size Distribution

15 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 15 (93%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2023 grant dollars on its one itemized grant.

Cities

TallahasseeBreaTampaChicago

How Speranza Foundation Inc gives

  • Giving grew 1892% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M4 grants2020 5 grants2021 5 grants2022 1 grant2023

From 2020 to 2023, annual grant giving ranged from $50K (2020) to $996K (2023). In 2023 it made 1 grant totaling $996K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chicago Community Foundation Chicago, ILSperanza foundation was converted to a donor advised fund (held by chicago community foundation). Speranza foundation cash of $24,371.97 and investments valued at $971,592.12) were donated to this donor advised fund.$995,964
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$2,010$1,002,013$995,9641$995,964$1,757$237
2022$710,825$692$65,813$55,0005$55,000$14,681$51,837
2021$775,946$72,631$71,591$55,0005$55,000$61,834$56,228
2020$774,906$47,254$65,768$50,0004—$34,764$49,966

Under IRS private-foundation payout rules, Speranza Foundation Inc reported a distributable amount of $237 for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Speranza Foundation Inc is led by Mary Bernadette Luca, President on every filing since 2020; none of the 8 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Mary Bernadette Luca

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Scott P. Kearney

    Director

    Vice President → Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cari Kearney

    Director

    New on the 2023 filing

    1 hr/week

    No compensation reported

  • Erica M. Smith

    Director

    New on the 2023 filing

    1 hr/week

    No compensation reported

  • Jeff Smith

    Director

    New on the 2023 filing

    1 hr/week

    No compensation reported

  • Jonathan Linn

    Director

    New on the 2023 filing

    1 hr/week

    No compensation reported

  • Joshua F. Kearney

    Director

    New on the 2023 filing

    1 hr/week

    No compensation reported

  • Michelle B. Linn

    Director

    New on the 2023 filing

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Erica Kearney (2020–2022) — Treasurer
  • Former: Michelle Kearney (2020–2022) — Secretary

Data from IRS Form 990 filings, 2020–2023. "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 Speranza Foundation Inc

How much does Speranza Foundation Inc give each year?

Speranza Foundation Inc gave $996K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $55K across 5 grants.

What is Speranza Foundation Inc?

Speranza Foundation Inc is a private foundation focused on Human Services, based in Tallahassee, FL.

Where does Speranza Foundation Inc operate?

Speranza Foundation Inc has awarded grants in California, Florida, Illinois.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, Speranza Foundation Inc reported a distributable amount of $237 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Speranza Foundation Inc's EIN?

Speranza Foundation Inc's EIN (Employer Identification Number) is 45-3716031. IRS Form 990 filing data is available on this page for 2020–2023.

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

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 31, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 8, 2024)
  5. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Speranza Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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