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Black Spring Foundation Inc. is a private corporation based in SIOUX FALLS, SD. The foundation received its IRS ruling in 2014. The principal officer is Natalie A Black. It holds total assets of $20.4M. Annual income is reported at $8.4M. Total assets have grown from $5K in 2013 to $20.4M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Black Spring Foundation Inc. has made 3 grants totaling $197K, with a median grant of $63K. Annual giving has grown from $60K in 2020 to $74K in 2022. Individual grants have ranged from $60K to $74K, with an average award of $66K. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Black Spring Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in WI.
Black Spring Foundation Inc. has distributed a total of $197K across 3 grants. The median grant size is $63K, with an average of $66K. Individual grants have ranged from $60K to $74K.
Black Spring Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Black Spring Foundation Inc. is headquartered in SIOUX FALLS, SD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laura E Kohler | SECRETARY | $0 | $0 | N/A |
| Natalie A Black | PRESIDENT/TREASURER/DIRECT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$20.4M
Fair Market Value
N/A
Net Worth
$20.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$197K
Average Grant
$66K
Median Grant
$63K
Unique Recipients
1
Most Common Grant
$63K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sheboygan Area School DistrictLITERACY NEEDS IN THE SHEBOYGAN AREA SCHOOL DISTRICT | Sheboygan, WI | $74K | 2022 |