La Speranza Charitable Foundation
- Assets
- $1.3m
- Revenue
- $69.8k
- Investments
- $1.2m
- Employees
- 0
- Location
- Blue Bell, PA
- Founding
- 03/2005
- Data as of
- 12/2022
- EIN
- 23-3031478
Organization Overview
La Speranza Charitable Foundation is located in Blue Bell, PA. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Speranza Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, LA Speranza Charitable Foundation generated $69.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $90.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, LA Speranza Charitable Foundation has awarded 113 individual grants totaling $574,932. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony S Disandro President | 1 | $0 | |
Anthony S Disandro Jr ESQ Secetary | 1 | $0 | |
Dennis George Director | 1 | $0 | |
Maria A Downs Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,063 |
| Interest on Savings | $56 |
| Dividends & Interest | $24,530 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,164 |
| Capital Gain Net Income | $9,164 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,813 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,841 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,342 |
| Total operating and administrative expenses | $13,644 |
| Contributions, gifts, grants paid | $77,113 |
| Total expenses and disbursements | $90,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,236 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,269,345 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, La Speranza Charitable Foundation has awarded $77,113 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF PHILADELPHIA PURPOSE: GENERAL SUPPORT | $6,060 |
BRINGING HOPE HOME PURPOSE: GENERAL SUPPORT | $1,250 |
GIRL SCOUTS PURPOSE: GENERAL SUPPORT | $250 |
COMMUNITY BACKSTOM PURPOSE: GENERAL SUPPORT | $2,950 |
GERMANTOWN ACADEMY PURPOSE: GENERAL SUPPORT | $15,000 |
PHILADELPHIA CHAPTER OF CHUMS INC PURPOSE: GENERAL SUPPORT | $250 |