Does Esperanza Fund Inc accept unsolicited proposals?

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Private Foundation · NJ

Esperanza Fund Inc

Neptune, NJ · EIN 814806608 · Website (ProPublica) ↗ · 990s on ProPublica ↗

Assets

$67K

Total Giving

$85K

Grants on File

Average Grant

$3K

Giving Radius

Where Esperanza Fund Inc Has Given

Historical grants to 19 recipients across 3 states. Top concentrations: RED BANK ($35K, 11 grants), ASBURY PARK ($20K, 7 grants), MONTCLAIR ($11K, 4 grants), MIDDLETOWN ($8K, 3 grants), MINNEAPOLIS ($6K, 2 grants).

Section I

How to Apply

The applicant needs to provide a letter of application and academic transcripts.

On Unsolicited Proposals yes

Restrictions

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 need only. Prior academic success will not be considered when making scholarship grants and will specifically include students with average academic performance, 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 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.

Section IV

Recent Grants

Recipient	Location	Amount	Purpose	Year
Mater Dei for Bethsy Lima	Middletown, NJ	$2K	Scholarship 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.	2020
Mater Dei for Christopher Benavides	Middletown, NJ	$2K	Scholarship 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.	2020
Montclair State University for Alejandra Bazan	Montclair, NJ	$2K	Scholarship 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.	2020
Mater Dei for Bethsy Lima	Middletown, NJ	$2K	Scholarship 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.	2021
Montclair State University for Alejandra Bazan	Montclair, NJ	$3K	Scholarship 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.	2021
Tads for Amy Gonzalez	Minneapolis, MN	$2K	Scholarship 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.	2022
Montclair State University for Alejandra Bazan	Montclair, NJ	$6K	Scholarship 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.	2022
Red Bank Catholic High School for Liseth Riano	Red Bank, NJ	$8K	Scholarship 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.	2022
Red Bank Catholic High School for Eileen Cruz	Red Bank, NJ	$2K	Scholarship 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.	2022
Red Bank Catholic High School for Jislenny Larios	Red Bank, NJ	$2K	Scholarship 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.	2022
Red Bank Catholic High School for Brissia Popoca	Red Bank, NJ	$2K	Scholarship 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.	2022
Red Bank Catholic High School for Leslie Sanches	Red Bank, NJ	$2K	Scholarship 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.	2022
Red Bank Catholic High School for Antonella Molina	Red Bank, NJ	$2K	Scholarship 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.	2022
Facts for Liseth Riano	Lincoln, NE	$55	Scholarship 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.	2022
Our Lady of Mount Carmel School for Miley Gonzalez	Asbury Park, NJ	$2K	Scholarship 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.	2022
Our Lady of Mount Carmel School for Leslie Riano	Asbury Park, NJ	$2K	Scholarship 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.	2022
Our Lady of Mount Carmel School for Nicholas Salinas	Asbury Park, NJ	$2K	Scholarship 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.	2022
Our Lady of Mount Carmel School for Nicholas Salinas	Asbury Park, NJ	$2K	Scholarship 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.	2023
Our Lady of Mount Carmel School for Miley Gonzalez	Asbury Park, NJ	$4K	Scholarship 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.	2023
Our Lady of Mount Carmel School for Leslie Riano	Asbury Park, NJ	$4K	Scholarship 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.	2023
Red Bank Catholic High School for Eileen Cruz	Red Bank, NJ	$2K	Scholarship 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.	2023
Red Bank Catholic High School for Jislenny Larios	Red Bank, NJ	$2K	Scholarship 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.	2023
Tads for Amy Gonzalez	Minneapolis, MN	$3K	Scholarship 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.	2023
Our Lady of Mount Carmel School for Angel Montero-Jose	Asbury Park, NJ	$5K	Scholarship 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.	2023
Red Bank Catholic High School for Leslie Riano	Red Bank, NJ	$8K	Scholarship 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.	2023

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Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year	Total Assets	Qualifying Distributions	Total Revenue	Total Expenses
2023	$78K	$5K	$12K	$48K
2022	$113K	$6K	$-3,021	$31K
2021	$147K	$7K	$-2,912	$10K
2020	$159K	$6K	$52K	$8K
2019	$116K	$6K	$8K	$37K

Section VII

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