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Despirt Foundation Inc. is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 1963. It holds total assets of $33K. Annual income is reported at $10K. Total assets have decreased from $84K in 2010 to $36K in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in New York. According to available records, Despirt Foundation Inc. has made 80 grants totaling $23K, with a median grant of $110. The foundation has distributed between $5K and $12K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $12K distributed across 40 grants. Individual grants have ranged from N/A to $3K, with an average award of $287.375. The foundation has supported 20 unique organizations. Grants have been distributed to organizations in New York and Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$100
Average Grant
$263
Largest Grant
$3K
Based on 20 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Despirt Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 80 grants. Its grantmaking reaches organizations primarily in NY, IN.
Despirt Foundation Inc. has distributed a total of $23K across 80 grants. The median grant size is $110, with an average of $287.375. Individual grants have ranged from N/A to $3K.
Despirt Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Despirt Foundation Inc. is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michele O Heffernan | DIRECTOR | $0 | $0 | N/A |
| William Busgaglia | DIRECTOR | $0 | $0 | N/A |
| Peter M Heffernan | DIRECTOR | $0 | $0 | N/A |
Total Giving
$9K
Total Assets
$36K
Fair Market Value
$127K
Net Worth
$34K
Grants Paid
$6K
Contributions
$1K
Net Investment Income
$4K
Distribution Amount
$6K
Total: $36K
Total Grants
80
Total Giving
$23K
Average Grant
$287.375
Median Grant
$110
Unique Recipients
20
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Canisius CollegeQUALIFYING CHARITY | Buffalo, NY | $3K | 2023 |
| D' Youville CollegeQUALIFYING CHARITY | Buffalo, NY | $500 | 2023 |
| Canisius High SchoolQUALIFYING CHARITY | Buffalo, NY | $500 | 2023 |
| Gerard PlaceQUALIFYING CHARITY | Buffalo, NY | $225 | 2023 |
| Hauptman Woodward Medical ResearchQUALIFYING CHARITY | Buffalo, NY | $225 | 2023 |
| Little Portion FriaryQUALIFYING CHARITY | Buffalo, NY | $175 | 2023 |
| Cantalician Center For LearningQUALIFYING CHARITY | Depew, NY | $175 | 2023 |
| Sisters Hospital FoundationQUALIFYING CHARITY | Buffalo, NY | $150 | 2023 |
| The Bison Scholarship FundQUALIFYING CHARITY | Buffalo, NY | $150 | 2023 |
| Artpark & Company IncQUALIFYING CHARITY | Lewiston, NY | $110 | 2023 |
| Brothers Of MercyQUALIFYING CHARITY | Clarence, NY | $110 | 2023 |
| Buffalo Philharmonic Orchestra Society IncQUALIFYING CHARITY | Buffalo, NY | $110 | 2023 |
| Holy Cross MissionsQUALIFYING CHARITY | Notre Dame, IN | $110 | 2023 |
| Hospice Of Buffalo IncQUALIFYING CHARITY | Cheektowaga, NY | $110 | 2023 |
| Nardin AcademyQUALIFYING CHARITY | Buffalo, NY | $110 | 2023 |
| Roswell Park Alliance FoundationQUALIFYING CHARITY | Buffalo, NY | $110 | 2023 |
| United Jewish FundQUALIFYING CHARITY | Getzville, NY | $100 | 2023 |
| St Mary'S School For The DeafQUALIFYING CHARITY | Buffalo, NY | $100 | 2023 |
| Kenmore Mercy HospitalQUALIFYING CHARITY | Kenmore, NY | $100 | 2023 |
| St Vincent Depaul Of Buffalo IncQUALIFYING CHARITY | Buffalo, NY | $100 | 2023 |