//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Phil And Ruth Spano Foundation is a private corporation based in HENDERSON, CO. The foundation received its IRS ruling in 2017. It holds total assets of $4.3M. Annual income is reported at $1.6M. Total assets have grown from $3.7M in 2019 to $4.5M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Colorado. According to available records, Phil And Ruth Spano Foundation has made 35 grants totaling $995K, with a median grant of $25K. The foundation has distributed between $270K and $450K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $450K distributed across 16 grants. Individual grants have ranged from $10K to $75K, with an average award of $28K. The foundation has supported 10 unique organizations. Grant recipients are concentrated in Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$20K
Average Grant
$28K
Largest Grant
$50K
Based on 10 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.
Phil And Ruth Spano Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in CO.
Phil And Ruth Spano Foundation has distributed a total of $995K across 35 grants. The median grant size is $25K, with an average of $28K. Individual grants have ranged from $10K to $75K.
Phil And Ruth Spano Foundation typically selects its grantees rather than accepting unsolicited proposals.
Phil And Ruth Spano Foundation is headquartered in HENDERSON, CO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sandy D Spano | OFFICER/DIRE | $0 | $0 | N/A |
Total Giving
$329K
Total Assets
$4.5M
Fair Market Value
$4.9M
Net Worth
$4.5M
Grants Paid
$270K
Contributions
N/A
Net Investment Income
$179K
Distribution Amount
$227K
Total Grants
35
Total Giving
$995K
Average Grant
$28K
Median Grant
$25K
Unique Recipients
10
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Health InitiativesFLIGHT FOR LIFE PROGRAM | Lakewood, CO | $10K | 2021 |
| Aspen Historical SocietyZUPANCIS & HOLDEN-MAROLT | Aspen, CO | $75K | 2023 |
| Caruso Family CharitiesGENERAL SUPPORT OF ORGANIZATION | Lakewood, CO | $30K | 2023 |
| Dominican Home Health Agency IncGENERAL SUPPORT OF ORGANIZATION | Denver, CO | $25K | 2023 |
| Heartlight CenterGENERAL OPERATING SUPPORT | Denver, CO | $25K | 2023 |
| Catholic Health IntitaviesFLIGHT FOR LIFE PROGRAM | Lakewood, CO | $25K | 2023 |
| Denver Rescue MissionGENERAL OPERATING SUPPORT | Denver, CO | $25K | 2023 |
| Canine Partner Of The Rockies IncGENERAL SUPPORT OF ORGANIZATION | Aurora, CO | $20K | 2023 |
| Lutheran Medical Center FoundationCOLLIER HOSPICE | Wheat Ridge, CO | $20K | 2023 |
| Rocky Mountain PartnershipGENERAL SUPPORT OF ORGANIZATION | Thornton, CO | $50K | 2021 |