Spero Family Foundation

Foundation · Grantmaker New York, NY EIN: 46-4093872

Spero Family Foundation is a private foundation focused on Environment & Animals, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $525K in total assets. In 2024, it awarded 19 grants totaling $93K. Net investment income was $19K.

Key facts about Spero Family Foundation

In short: Spero Family Foundation gave $93K across 19 grants in 2024 (avg $5K), mostly in New York. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
46-4093872
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$93,000
Grants made (2024)
19
Average grant
$4,895
Median grant
$1,000
New grantees (estimate)
44% first-time grantees (8 of 18, 2024)
Total assets
$524,800
Primary geography
New York (87% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$525K

-12.8% YoY

Annual Giving

$93K

+132.8% YoY

Grant Count

19

+5.6% YoY

Avg Grant Size

$5K

+120.5% YoY

Under IRS private-foundation payout rules, Spero Family Foundation reported a distributable amount of $85K for 2024 — the minimum it must pay out in qualifying distributions.

Is Spero Family Foundation open to new grantees?

44%

first-time grantees, 2024

In 2024, 8 of 18 grantees (44%) were first-time recipients. First grants averaged $5K; repeat grants $6K. How we count

Medians: $1K first-time, $2K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving grew 37% from 2021 to 2024. Method
  • In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 19 itemized 2024 grant dollars.

Cities

New YorkBostonPhiladelphiaTarrytownNew HavenAlexandriaBronxFreeholdGlen HeadGreencastleHopewell JunctionMiami GardensNashvilleQuogueRonkonkomaVirginia Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K14 grants202013 grants202113 grants202218 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Marymount School: $28KMarymount School$28KYalu University: $25KYalu University$25KUniversity of Pennsylvania: $11KUniversity of Pennsylvania$11KLehigh University: $10KLehigh University$10KRownewyorkcom: $5KRownewyorkcom$5KCatholic Charities: $3KCatholic Charities$3KHauppauge Public Schools: $3KHauppauge Public Schools$3KLeukemia & Lymphoma Society: $3KLeukemia & Lymphoma Society$3K1X3 Inc: $1K1X3 Inc$1KSt Vincent DE: $1KSt Vincent DE$1K

Grant Size Distribution

77 grants across all recorded years

76<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MARYMOUNT SCHOOL New York, NYGENERAL PROGRAM OPERATIONS$27,850
YALU UNIVERSITY New York, NYGENERAL PROGRAM OPERATIONS$25,000
UNIVERSITY OF PENNSYLVANIA Philadelphia, PAGENERAL PROGRAM OPERATIONS$11,000
LEHIGH UNIVERSITY New York, NYGENERAL PROGRAM OPERATIONS$10,000
ROWNEWYORKCOM New York, NYGENERAL PROGRAM OPERATIONS$5,050
CATHOLIC CHARITIES New York, NYGENERAL PROGRAM OPERATIONS$2,500
HAUPPAUGE PUBLIC SCHOOLS New York, NYGENERAL PROGRAM OPERATIONS$2,500
LEUKEMIA & LYMPHOMA SOCIETY New York, NYGENERAL PROGRAM OPERATIONS$2,500
1X3 INC New York, NYGENERAL PROGRAM OPERATIONS$1,000
ST VINCENT DE New York, NYGENERAL PROGRAM OPERATIONS$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K20202021202220232024
Metric202420232022
Total Assets$524,800$601,643$612,793
Revenue$3,266$7,317$61,974
Expenses$93,459$41,023$29,462
Qualifying Distributions$93,000$39,952$27,458
Net Investment Income$18,716$17,991$66,324
Distributable Amount$85,004$71,036—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Spero Family Foundation is led by Charlie R. Spero, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Charlie R. Spero

    President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Carrie A. Spero

    Vice President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Lisa Haggerty

    Secretary

    On filings since 2023

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Spero Family Foundation

How much does Spero Family Foundation give each year?

Spero Family Foundation gave $93K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 18 grants.

What is Spero Family Foundation's typical grant size?

Spero Family Foundation's median grant in 2024 was $1,000, and its average grant was $4,895, across 19 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Spero Family Foundation that year got $5K on average.

Where does Spero Family Foundation give grants?

Spero Family Foundation gives mostly in New York: 87% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (12%). The most frequent recipient cities were New York, NY (16 grants).

Does Spero Family Foundation give general operating support?

Yes: 100% of Spero Family Foundation's 2024 grants with a stated purpose (19 of 19) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Spero Family Foundation's largest grantees?

Spero Family Foundation's largest 2024 grantees include Marymount School ($27,850), Yalu University ($25,000) and University of Pennsylvania ($11,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.

How large is Spero Family Foundation?

Spero Family Foundation reported $525K in total assets on its 2024 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $85K (roughly 5% of its investment assets).

What is Spero Family Foundation?

Spero Family Foundation is a private foundation focused on Environment & Animals, based in New York, NY. It holds $525K in total assets as of 2024.

What is Spero Family Foundation's EIN?

Spero Family Foundation's EIN (Employer Identification Number) is 46-4093872. IRS Form 990 filing data is available on this page for 2020–2024.

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

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