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Spenuzza-Velastegui Family Foundation is a private corporation based in MONARCH BEACH, CA. The foundation received its IRS ruling in 2022. It holds total assets of $4.1M. Annual income is reported at $209K. The foundation is governed by 2 officers and trustees. 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 2021 to 2024. According to available records, Spenuzza-Velastegui Family Foundation has made 16 grants totaling $716K, with a median grant of $13K. Annual giving has grown from $246K in 2022 to $470K in 2023. Individual grants have ranged from $525 to $192K, with an average award of $45K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in California and Tennessee and Virginia. Contributions to this foundation are tax-deductible.
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.
Spenuzza-Velastegui Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in CA, TN, VA.
Spenuzza-Velastegui Family Foundation has distributed a total of $716K across 16 grants. The median grant size is $13K, with an average of $45K. Individual grants have ranged from $525 to $192K.
Spenuzza-Velastegui Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Spenuzza-Velastegui Family Foundation is headquartered in MONARCH BEACH, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Spenuzza | DIRECTOR AND PRESIDENT | $0 | $0 | N/A |
| Cecilia Spenuzza | DIRECTOR; SECRETARY; TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.1M
Fair Market Value
N/A
Net Worth
$4.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
16
Total Giving
$716K
Average Grant
$45K
Median Grant
$13K
Unique Recipients
11
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Segerstrom Center For The ArtsPROVIDE PUBLIC PERFORMING ARTS PORGRAMS. | Costa Mesa, CA | $192K | 2023 |
| Orange County Museum Of ArtSUPPORT PUBLIC ART PROGRAMS. | Costa Mesa, CA | $139K | 2023 |
| South Coast Repertory IncEDUCATING PUBLIC THROUGH PRODUCTION OF DRAMATIC ENTERTAINMENT. | Costa Mesa, CA | $51K | 2023 |
| Discovery Science Center Of Orange CountyPROVIDE SCIENCE PROGRAMS FOR CHILDREN AND PUBLIC. | Santa Ana, CA | $49K | 2023 |
| Mission San Juan Capistrano FoundationTO PRESERVE THE HISTORIC SITE FOR THE PUBLIC. | San Juan Capistrano, CA | $23K | 2023 |
| St Margaret Of Scotland Episcopal SchoolTO EDUCATE YOUNG PEOPLE'S HEARTS AND MINDS FOR LIVES OF LEARNING, LEADERSHIP, AND SERVICE | San Juan Capistrano, CA | $8K | 2023 |
| Philharmonic Society Of Orange CountyDEVELOPING MUSIC EDUCATION AND THEATER PROGRAMS | Irvine, CA | $5K | 2023 |
| St Michaels Abbey FoundationPROVIDE PUBLIC PERFORMING ARTS PORGRAMS. | Silverado, CA | $3K | 2023 |
| St Jude HospitalTO ADVANCE TREATMENTS AND PREVENTION METHODS FOR CATASTROPHIC DISEASES IN CHILDREN THROUGH RESEARCH AND TREATMENT | Memphis, TN | $1K | 2023 |
| National Alliance Of Mental IllnessMENTAL HEALTH SUPPORT AND EDUCATION. | Arlington, VA | $525 | 2023 |
| The Newport Beach Public Library FoundationPROVIDE PUBLIC LECTURES. | Newport Beach, CA | $5K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA