Nueva Dominicana Foundation

EIN 843114534

New Hyde Park, NY 11042 |(800) 839-1754

Total Given 2021–2023
$30K
4 grants · $10K avg/year
based on 3 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$8K
typical small grants · $6K–$8K
grant size
100%
deep partner · 1/1 multi-year
repeat
$8K
Assets (2024)
1
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $8,000. This amount represents 25% or more of the Foundation's net assets of $2,906 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2021 $8K $53K $75K 1
2022 $17K $29K $101 2
2023 $5K $16K $178 1
2024 N/A $8K $93 N/A

Grant Size Distribution

Based on 4 grants on record

Minimum
$5K
25th Pctl
$6K
Median
$8K
Average
$8K
75th Pctl
$8K
Maximum
$10K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

JM
Joel Monegro 4+ yrs
Dir, President, Sec, Treasurer Leadership

Grants Awarded (4 total)

Purpose
Nueva Esperanza- New Hope Girls Inc Sarasota, FL $10,000 General & Unrestricted 2022
Nueva Esperanza- New Hope Girls Inc Sarasota, FL $8,000 To Expand for Caregiver Living 2021
Nueva Esperanza- New Hope Girls Inc Sarasota, FL $7,000 funds for the reconstruction of the "barrio housesummer program 2022
Nueva Esperanza- New Hope Girls Inc Sarasota, FL $5,000 General & Unrestricted 2023