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Spark Foundation is a private trust based in WESTWOOD, MA. The foundation received its IRS ruling in 2016. It holds total assets of $639K. Annual income is reported at $91K. Total assets have grown from N/A in 2015 to $646K in 2023. 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 2016 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Spark Foundation has made 15 grants totaling $145K, with a median grant of $10K. Annual giving has decreased from $90K in 2022 to $55K in 2023. Individual grants have ranged from $3K to $15K, with an average award of $10K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$15K
Based on 3 grants from the most recent 990-PF filing.
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.
Spark Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MA.
Spark Foundation has distributed a total of $145K across 15 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $3K to $15K.
Spark Foundation typically selects its grantees rather than accepting unsolicited proposals.
Spark Foundation is headquartered in WESTWOOD, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Hannigan | TRUSTEE | $0 | $0 | N/A |
| Mary-Jo Hannigan | TRUSTEE | $0 | $0 | N/A |
Total Giving
$61K
Total Assets
$646K
Fair Market Value
$863K
Net Worth
$646K
Grants Paid
$55K
Contributions
$10K
Net Investment Income
$61K
Distribution Amount
$40K
Total: N/A
Total Grants
15
Total Giving
$145K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
9
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Minds Mattter BostonCHARITABLE | Boston, MA | $15K | 2023 |
| School On Wheels MaCHARITABLE | East Bridgewater, MA | $13K | 2023 |
| Boston Higher Ed Resosurce CenterCHARITABLE | Boston, MA | $10K | 2023 |
| Cape Cod Children'S PlaceCHARITABLE | Eastham, MA | $5K | 2023 |
| The Children'S Center -Harwich Ecumenical Council For HousingCHARITABLE | West Harwich, MA | $5K | 2023 |
| 826 BostonCHARITABLE | Roxbury, MA | $5K | 2023 |
| Falmouth Volunteers In Public SchoolsCHARITABLE | Falmouth, MA | $3K | 2023 |
| Minds Matter BostonCHARITABLE | Boston, MA | $15K | 2022 |
| Boston Higher Education Resource CenterCHARITABLE. | Boston, MA | $8K | 2022 |