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Esperanza Fund Inc. is a private corporation based in NEPTUNE, NJ. The foundation received its IRS ruling in 2018. It holds total assets of $67K. Annual income is reported at $37K. The foundation operates in the area of education. According to available records, Esperanza Fund Inc. has made 38 grants totaling $102K, with a median grant of $2K. Annual giving has decreased from $57K in 2022 to $45K in 2023. Individual grants have ranged from $55 to $8K, with an average award of $3K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in New Jersey and Minnesota and Nebraska. Contributions to this foundation are tax-deductible.
Esperanza Fund Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in NJ, MN, NE.
Esperanza Fund Inc. has distributed a total of $102K across 38 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $55 to $8K.
EDUCATIONAL SCHOLARSHIPS WILL BE PROVIDED TO LOW INCOME STUDENTS WHO RESIDE IN MONMOUTH COUNTY, NJ, AND ATTEND PRIMARY AND SECONDARY PRIVATE AND PAROCHIAL SCHOOLS, PRIVATE AND PUBLIC IN STATE AND OUT OF STATE COLLEGES AND UNIVERSITIES, TRADE OR CERTIFIED CERTIFICATE PROGRAMS, AND ANY OTHER TYPE OF ACCREDITED SCHOOLS AS DEFINED BY THE US DEPARTMENT OF EDUCATION. AWARDS WILL BE BASED ON FINANCIAL NEEDS ONLY. PRIOR ACADEMIC SUCCESS WILL NOT BE CONSIDERED WHEN MAKING SCHOLARSHIP GRANTS AND WILL SPECIFICALLY INCLUDE STUDENTS WITH AVERAGE ACADEMIC PERFORMANCE, ARE ENGLISH/ SPANISH LEARNERS, OR WHO REQUIRE SPECIAL SERVICES AND OTHER SUPPORTS. THE ESPERANZA FUND WILL BE THE PAYOR OF LAST RESORT. IF ELIGIBLE, ALL OTHER AVAILABLE RESOURCES, FEDERAL AND STATE MUST BE APPLIED TO PRIOR TO THE ESPERANZA FUND AWARDING A SCHOLARSHIP. ALL SCHOLARSHIPS WILL BE AWARDED ON AN INDIVIDUAL BASIS AND WILL VARY IN AMOUNT BASED ON THE FINANCIAL NEED OF THE RECIPIENT.
Esperanza Fund Inc. is headquartered in NEPTUNE, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Treson | SECRETARY | $0 | $0 | $0 |
| Michel Marks | PRESIDENT | $0 | $0 | $0 |
| Deborah L Lodato | TREASURER | $0 | $0 | $0 |
Total Giving
$48K
Total Assets
$78K
Fair Market Value
$98K
Net Worth
$78K
Grants Paid
$45K
Contributions
$0
Net Investment Income
$12K
Distribution Amount
$5K
Total Grants
38
Total Giving
$102K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
17
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Red Bank Catholic High School For Leslie RianoSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $8K | 2023 |
| Red Bank Catholic High School For Nicholas SalinasSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $6K | 2023 |
| Our Lady Of Mount Carmel School For Angel Montero-JoseSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Asbury Park, NJ | $5K | 2023 |
| Our Lady Of Mount Carmel School For Miley GonzalezSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Asbury Park, NJ |
| $5K |
| 2023 |
| Our Lady Of Mount Carmel School For Leslie RianoSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Asbury Park, NJ | $5K | 2023 |
| Tads For Amy GonzalezSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Minneapolis, MN | $3K | 2023 |
| Smith & Solomon For Hernan Jose ZunigaSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Linden, NJ | $3K | 2023 |
| Friendship Train Foundation-Reimburse Ftf For Smith & SolomonSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Neptune, NJ | $3K | 2023 |
| Red Bank Catholic High School For Eileen CruzSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $2K | 2023 |
| Red Bank Catholic High School For Antonella MolinaSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $2K | 2023 |
| Our Lady Of Mount Carmel School For Nicholas SalinasSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Asbury Park, NJ | $2K | 2023 |
| Red Bank Catholic High School For Jislenny LariosSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $2K | 2023 |
| Montclair State University For Alejandra BazanSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Montclair, NJ | $1K | 2023 |
| Facts For Liseth RianoSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Lincoln, NE | $440 | 2023 |
| Red Bank Catholic High School For Liseth RianoSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $8K | 2022 |
| Red Bank Catholic High School For Brissia PopocaSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $2K | 2022 |
| Red Bank Catholic High School For Leslie SanchesSCHOLARSHIP GRANTED. NOTE THAT IN ORDER TO PROTECT THE PRIVACY OF THE STUDENT, PERSONAL INFORMATION IS NOT PROVIDED. INDIVIDUAL CAN BE CONTACTED THROUGH THE FUND. ALL DISBURSEMENTS ARE MADE DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Red Bank, NJ | $2K | 2022 |
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