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AEROSPIKE FOUNDATION INC

NEW YORK, NY · EIN 852107872 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$2.2M
expenses
$21K
net assets
$5.3M
employees
profile · synthesized from sources

AEROSPIKE FOUNDATION INC is a private foundation based in New York that makes grants to support education, medical care, and wellness initiatives. In 2024, it distributed over $940,000 to organizations across the United States, with a focus on educational programs and medical research. The foundation does not appear to operate direct service programs.

named programs · 2 · from sources

What they call their work

Education Grant Program
Supports educational institutions and initiatives including universities, youth programs, and academic advancement organizations
Medical and Wellness Grant Program
Funds medical care providers, research institutes, and wellness-focused nonprofits such as pantries and youth fitness programs
activities · 4 groups

What they do

  • Private K–12 School Support 1 activity
    • Funding education initiatives
      Provides grants to support education initiatives at organizations including UC San Diego Foundation, the Committee to Unleash Prosperity, The Comfort Club, SES Tennis Center Benefit, and the FACE Foundation.
  • Cancer Research Funding 1 activity
    • Funding medical research
      Provides grants to support medical research at the Salk Institute for Biological Studies.
  • Hospital and Medical Center Support 1 activity
    • Funding medical services
      Provides grants to support medical services at organizations including Scripps Health, Rancho Coastal Humane Society, City of Vision, and The Vision of Children Foundation.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding wellness programs
      Provides grants to support wellness programs at organizations including St Felix Pantry and New York Road Runners Team for Kids.
financials · form 990PF · fy2024
revenue
Total revenue$2.18M
Contributions & grants$1.36M62%
Program service revenue
Investment income$228K10%
Other revenue$593K
expenses
Total expenses$21K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$942K
balance sheet
Total assets$5.25M
Cash
Investments
Liabilities
Net assets$5.25M
4 years on record · 2020–2024 · YoY revenue +577.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • DEIRDRE BRANDES-OEI — DIRECTOR
relationships · 12

Who they work with

  • CITY OF VISION Partner — Funded for medical services.
  • COMMITTEE TO UNLEASH PROSPERITY Partner — Funded for education initiatives.
  • FACE FOUNDATION Partner — Funded for education initiatives.
  • NEW YORK ROAD RUNNERS TEAM FOR KIDS Partner — Funded for wellness programs.
  • RANCHO COASTAL HUMANE SOCIETY Partner — Funded for medical services.
  • SALK INSTITUTE FOR BIOLOGICAL STUDIES Partner — Funded for medical research.
  • SCRIPPS HEALTH Partner — Funded for medical services.
  • SES TENNIS CENTER BENEFIT Partner — Funded for education initiatives.
  • ST FELIX PANTRY Partner — Funded for wellness programs.
  • THE COMFORT CLUB Partner — Funded for education initiatives.
  • THE VISION OF CHILDREN FOUNDATION Partner — Funded for medical services.
  • UC SAN DIEGO FOUNDATION Partner — Funded for education initiatives.