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Kasperick Foundation

Annual Giving
$3.8M
Grant Range
$100K - $2.1M

Quick Stats

  • Annual Giving: $3.84 million (2024)
  • Success Rate: N/A (invitation only)
  • Decision Time: N/A (preselected organizations)
  • Grant Range: $100,000 - $2,069,908
  • Average Grant Size: $122,400 - $213,718
  • Geographic Focus: International (focus on developing countries) and U.S.
  • Total Assets: $104 million (2024)

Contact Details

Address: 4141 Camino Del Rio S, San Diego, CA 92108-4103

Phone: 619-231-1977

Important Note: The foundation does not accept unsolicited applications or requests for funds. Grants are made to preselected charitable organizations only.

Overview

The Kasperick Foundation is a private independent foundation established in January 2017 by Vincent J. Kasperick, founder and president of AimLoan. With assets of $104 million and annual giving of approximately $3.84 million, the foundation focuses primarily on poverty alleviation through microfinance initiatives in developing countries. The foundation was recognized as the 2023 Trailblazer Honoree by Whole Planet Foundation for its significant contributions to global poverty reduction. Since 2020, the foundation has contributed over $3.16 million to microfinance programs across Africa, Latin America, and Haiti. The foundation makes approximately 20 grants annually, with a strong emphasis on international development, financial inclusion, and food security initiatives.

Funding Priorities

Grant Programs

The foundation does not operate formal grant programs with fixed application cycles. All funding decisions are made through trustee discretion, with grants awarded to preselected organizations.

Typical Grant Amounts:

  • Median Grant: $100,000
  • Average Grant: $122,400 - $213,718
  • Large Strategic Grants: Up to $2,069,908 (as awarded to Whole Planet Foundation in 2022)

Priority Areas

International Poverty Alleviation & Microfinance: The foundation's primary focus area, supporting microfinance programs that provide small loans and financial services to underserved populations in developing countries.

Countries Recently Supported (2020-2023):

  • Africa: Burkina Faso, Egypt, Kenya, Mali, Mozambique, Tanzania, Uganda
  • Latin America: El Salvador, Guatemala, Mexico
  • Caribbean: Haiti

Food Security & Hunger Relief: The foundation supports initiatives addressing food insecurity and hunger, both internationally and domestically. This aligns with founder Vincent Kasperick's personal involvement with the San Diego Food Bank and San Diego Hunger Coalition.

Financial Inclusion: Support for innovative savings mechanisms and programs that broaden access to financial services for vulnerable populations.

What They Don't Fund

The foundation has not published explicit exclusions, but based on their giving patterns:

  • Does not support unsolicited applications
  • Does not appear to fund individual requests
  • Does not operate typical local/regional grantmaking programs
  • Limited evidence of funding for arts, culture, or environmental causes

Governance and Leadership

Vincent J. Kasperick - Trustee (Founder)

Vincent Kasperick founded the Kasperick Foundation while serving as President and founder of AimLoan, an internet-based mortgage lender established in 1998. A 1984 graduate of the University of San Diego with an accounting degree and CPA designation, Kasperick has demonstrated a long-standing commitment to community service and social responsibility.

Board Service & Community Involvement:

  • Chairman, St. Vincent de Paul Village (Father Joe's Village) - since 2007
  • Board Member, San Diego Food Bank
  • Board Member, LISC (Local Initiatives Support Corporation)
  • Board Member, San Diego Hunger Coalition
  • Board Member, Catholic Community Foundation of San Diego
  • Advisory Board Member, USD Nonprofit Institute and Center for Real Estate

Philanthropic Philosophy: Through AimLoan, Kasperick has conducted 52 community service campaigns, raising over $1.5 million for nonprofits. In 2010, he founded the San Diego Blues Festival as an annual hunger-awareness event benefiting the San Diego Food Bank. This demonstrates a commitment to employee engagement in charitable giving and strategic, mission-driven philanthropy.

Kasperick serves as trustee without compensation, dedicating approximately 10 hours to foundation oversight.

Application Process & Timeline

How to Apply

The Kasperick Foundation does not have a public application process. The foundation explicitly states that it "only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds."

All grants are awarded through trustee discretion to organizations identified by Vincent J. Kasperick and selected based on strategic priorities. The foundation operates as an invitation-only funder.

Getting on Their Radar

Based on the foundation's giving patterns and the trustee's community involvement, organizations may come to the foundation's attention through:

1. Board Member Networks: Vincent Kasperick serves on multiple nonprofit boards in San Diego, including Father Joe's Village, San Diego Food Bank, LISC, San Diego Hunger Coalition, and Catholic Community Foundation of San Diego. Organizations within these networks or addressing similar issues may be more likely to be considered.

2. Whole Planet Foundation Partnership: The foundation has established a significant partnership with Whole Planet Foundation, contributing over $3.16 million since 2020. Organizations working in microfinance and poverty alleviation in developing countries might be identified through this partnership network.

3. San Diego Nonprofit Community: Given Kasperick's deep roots in San Diego's philanthropic community and involvement with the University of San Diego's Nonprofit Institute, organizations active in San Diego's nonprofit sector and demonstrating effective approaches to poverty alleviation may come to his attention.

4. Focus on Measurable Impact: The foundation's support for microfinance suggests an interest in scalable, evidence-based interventions. Organizations that can demonstrate measurable poverty reduction outcomes may align with the foundation's priorities.

Decision Timeline

Not publicly disclosed. As an invitation-only funder making grants to preselected organizations, the foundation does not operate on fixed grant cycles or published decision timelines.

Success Rates

Not applicable - the foundation does not accept unsolicited applications.

Reapplication Policy

Not applicable - the foundation does not accept unsolicited applications. However, the foundation has demonstrated a pattern of multi-year support for strategic partners, such as Whole Planet Foundation, which received funding in 2020, 2021, 2022, and continued partnership through 2023-2024.

Application Success Factors

Since the Kasperick Foundation does not accept applications, traditional application success factors do not apply. However, organizations that have received funding share these characteristics:

1. Focus on Poverty Alleviation with Measurable Impact: The foundation's largest grants support microfinance programs that provide quantifiable outcomes in terms of loans distributed, entrepreneurs supported, and poverty reduction metrics.

2. International Development Focus: The majority of the foundation's giving supports work in developing countries, particularly in Africa, Latin America, and Haiti. Organizations working in these geographic areas on economic development may align with foundation priorities.

3. Financial Inclusion & Self-Sufficiency Models: The foundation's partnership with Whole Planet Foundation emphasizes microfinance and innovative savings mechanisms that promote self-sufficiency rather than dependency. Programs that help individuals build economic independence appear to align with the foundation's philosophy.

4. Alignment with Trustee's Values: Vincent Kasperick's board service on organizations addressing hunger, homelessness, and poverty in San Diego, combined with his Catholic faith and involvement with the Catholic Community Foundation, suggests that organizations addressing these issues through compassionate, dignity-affirming approaches may resonate with the foundation's mission.

5. Established Track Record: The foundation appears to support established organizations with proven models rather than startup initiatives. Whole Planet Foundation, for example, is an established entity with demonstrated success in microfinance.

6. Scalable Solutions: The foundation's significant multi-year commitment to Whole Planet Foundation ($3.16 million over three years) suggests interest in organizations that can effectively deploy substantial resources to create large-scale impact.

Key Takeaways for Grant Writers

  • No unsolicited applications accepted: This foundation cannot be approached through traditional grant application processes. Organizations should not invest time in preparing unsolicited proposals.

  • Invitation-only grantmaking: All grants are awarded to preselected organizations identified through the trustee's networks and strategic relationships.

  • Strong international poverty focus: The foundation's primary interest is microfinance and poverty alleviation in developing countries, particularly in Africa, Latin America, and Haiti.

  • Multi-year strategic partnerships: The foundation demonstrates capacity for significant, sustained funding relationships (e.g., $3.16 million to Whole Planet Foundation over multiple years).

  • Network-driven identification: Organizations connected to Vincent Kasperick's board service or San Diego nonprofit networks may be more likely to be considered for support.

  • Evidence of impact matters: The foundation's microfinance focus suggests strong interest in measurable outcomes and proven models for poverty reduction.

  • Domestic focus limited but present: While international work dominates, the trustee's personal involvement with San Diego hunger and homelessness organizations indicates some local philanthropic interest, though this may be pursued through personal giving rather than foundation grants.

References

  1. ProPublica Nonprofit Explorer - Kasperick Foundation (EIN 46-4363196), Form 990-PF filings 2017-2024. Accessed January 7, 2026. https://projects.propublica.org/nonprofits/organizations/464363196

  2. "Whole Planet Foundation Announces the Kasperick Foundation As 2023 Trailblazer Honoree," Access Newswire, December 2023. Accessed January 7, 2026. https://www.accessnewswire.com/newsroom/en/consumer-and-retail-products/whole-planet-foundation-announces-the-kasperick-foundation-as-2023-trai-812339

  3. Instrumentl 990 Report - Kasperick Foundation. Accessed January 7, 2026. https://www.instrumentl.com/990-report/kasperick-foundation

  4. Cause IQ - Kasperick Foundation Organization Profile. Accessed January 7, 2026. https://www.causeiq.com/organizations/kasperick-foundation,464363196/

  5. University of San Diego - "Vince Kasperick '84" Profile. Accessed January 7, 2026. https://www.sandiego.edu/profiles/detail.php?_focus=67902

  6. AimLoan - "Vince Kasperick" Biography. Accessed January 7, 2026. https://www.aimloan.com/about-us/vince-kasperick

  7. Grantmakers.io - Kasperick Foundation Profile. Accessed January 7, 2026. https://www.grantmakers.io/profiles/v0/464363196-kasperick-foundation/

  8. Charity Navigator - Kasperick Foundation Profile. Accessed January 7, 2026. https://www.charitynavigator.org/ein/464363196

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