Spero Charitable Foundation
Spero Charitable Foundation is a private foundation based in Lynnfield, Massachusetts. The organization has been tax-exempt since April 1968 and operates as a 501(c)(3) charitable organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+36.8% YoY
Annual Giving
$163K
+45.1% YoY
Grant Count
33
+37.5% YoY
Avg Grant Size
$5K
+5.5% YoY
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- California
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $3,050,968
- Total Giving: $163,081
- Revenue: $989,000
- Expenses: $168,000
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,050,968 | $2,229,842 | $2,258,668 |
| Revenue | $989,402 | $96,949 | $837,368 |
| Expenses | $168,276 | $125,775 | $79,401 |
| Qualifying Distributions | $163,081 | $112,411 | $70,872 |
| Net Investment Income | $989,402 | $96,949 | $837,368 |
| Distributable Amount | $163,577 | $1,514,561 | $133,430 |
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
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Janet Kouroubacalis - Trustee
- Shirley Spero - Trustee (Peabody, MA)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANET KOUROUBACALIS | TRUSTEE | — | — |
Related Funders
Similar funders by location and focus area
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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