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DESPERITO FOUNDATION INC

BEDFORD VILLAGE, NY · EIN 133967406 · Form 990PF · FY2025 · NTEE T20 · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$64K
expenses
$16K
net assets
$791K
employees
profile · synthesized from sources

Private foundation based in New York that makes grants to support youth development, music education, higher education, and services for individuals with disabilities or life challenges. The organization funds programs benefiting underserved communities, veterans, and children through support of nonprofit partners across the United States.

named programs · 7 · from sources

What they call their work

Community Arts Programming
Supports community wind band programming and guest artist initiatives
Early Childhood Music Education
Supports music education programs for children of all abilities in under-resourced South Florida communities
Firefighter Support
Grants to support the FDNY's mission of saving lives and protecting property
Higher Education Support
Funds scholarships and educational support for students through university partnerships
Therapeutic Animal Programs
Supports care of animals and participant programs for individuals with disabilities or life challenges
Veteran Suicide Prevention
Funds suicide prevention research and crisis intervention services for veterans and service members
Youth Development Support
Grants to support sports-based youth development programming for underserved youth
activities · 7 groups

What they do

  • Community Foundation & United Way Support 1 activity
    • Funding FDNY's life-saving and property protection mission
      Provides financial support to the FDNY for its core mission of saving lives and protecting property.
  • Fundraising and Financial Support for IDD Services 1 activity
    • Funding animal care and therapeutic programs for individuals with disabilities or life challenges
      Supports programs that provide care for animals and participant services for individuals with disabilities or life challenges.
  • Performing Arts Production Support 1 activity
    • Funding community wind band programming and guest artist support
      Supports a community wind band through funding for programming and guest artist participation.
  • Literacy Program Funding 1 activity
    • Funding early childhood music education programs
      Funds early childhood music education programming for children.
  • Summer Camp Access Scholarships 1 activity
    • Funding sports-based youth development programs
      Funds sports-based youth development programming aimed at empowering underserved youth.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Funding student scholarships
      Provides funding for students' education through support to scholarship programs.
  • Mental Health Research and Services Funding 1 activity
    • Funding suicide prevention research and crisis intervention for veterans and service members
      Finances new research and crisis intervention services focused on suicide prevention for at-risk veterans and service members.
financials · form 990PF · fy2025
revenue
Total revenue$64K
Contributions & grants
Program service revenue
Investment income$27K42%
Other revenue$37K
expenses
Total expenses$16K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$50K
balance sheet
Total assets$800K
Cash
Investments
Liabilities
Net assets$791K
6 years on record · 2020–2025 · YoY revenue +41.4%
leadership · form 990 part vii · fy2025

Who runs it

board members · 1
  • ANN DESPERITO — DIRECTOR
relationships · 7

Who they work with

  • FDNY FOUNDATION INC Partner — Recipient of grant funding to support fire department operations and lifesaving missions
  • FRIENDS OF SOUTH FLORIDA MUSIC INC Partner — Recipient of grant funding for early childhood music education programming
  • GEORGETOWN UNIVERSITY - MITCHELL SCHOLARS FUND Partner — Recipient of grant funding to support student education
  • NEW HEIGHTS YOUTH INC Partner — Recipient of grant funding for sports-based youth development programming
  • PONY POWER THERAPIES INC Partner — Recipient of grant funding for animal care and therapeutic programs for individuals with disabilities
  • STOP SOLDIER SUICIDE INC Partner — Recipient of grant funding for veteran suicide prevention research and crisis intervention
  • WESTCHESTER SYMPHONIC WINDS INC Partner — Recipient of grant funding for community wind band programming and guest artist support