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Pine Spring Foundation is a private corporation based in BELLAIRE, TX. The foundation received its IRS ruling in 2019. The principal officer is Yiji Lin. It holds total assets of $189K. Annual income is reported at $157K. Total assets have grown from $43K in 2018 to $120K in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Pine Spring Foundation has made 8 grants totaling $8K, with a median grant of $751.5. Annual giving has grown from $803 in 2020 to $7K in 2022. Individual grants have ranged from $103 to $3K, with an average award of $1K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Texas. 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.
Pine Spring Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in TX.
Pine Spring Foundation has distributed a total of $8K across 8 grants. The median grant size is $751.5, with an average of $1K. Individual grants have ranged from $103 to $3K.
Pine Spring Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pine Spring Foundation is headquartered in BELLAIRE, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Yiji Lin | CEO | $0 | $0 | N/A |
| Xiaomeng Lian | CFO | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$120K
Fair Market Value
$120K
Net Worth
$120K
Grants Paid
$3K
Contributions
$30K
Net Investment Income
$22K
Distribution Amount
$6K
Total: $69K
Total Grants
8
Total Giving
$8K
Average Grant
$1K
Median Grant
$751.5
Unique Recipients
3
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Longyan No2 High SchoolEducational | Longyan | $3K | 2022 |
| St Johns SchoolEducational | Houston, TX | $1K | 2022 |
| Food Bank HoustonCharitable | Houston, TX | $103 | 2022 |