//
Spence Asset Management Foundation is a private corporation based in LAS CRUCES, NM. The foundation received its IRS ruling in 2012. It holds total assets of $32K. Annual income is reported at $15K. THE MISSION OF THE FOUNDATION IS TO SUPPORT LOCAL COMMUNITY ORGANIZATIONS BY GRANTS OR CONTRIBUTING FUNDS TO ORGANIZATIONS WITH A FOCUS ON EDUCATION AND HEALTH. According to available records, Spence Asset Management Foundation has made 4 grants totaling $101K, with a median grant of $21K. Annual giving has grown from $23K in 2020 to $39K in 2022. Individual grants have ranged from $20K to $39K, with an average award of $25K. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
THE MISSION OF THE FOUNDATION IS TO SUPPORT LOCAL COMMUNITY ORGANIZATIONS BY GRANTS OR CONTRIBUTING FUNDS TO ORGANIZATIONS WITH A FOCUS ON EDUCATION AND HEALTH.
Expenses: $23K
THE MISSION OF THE FOUNDATION IS TO SUPPORT LOCAL COMMUNITY ORGANIZATIONS BY GRANTS OR CONTRIBUTING FUNDS TO ORGANIZATIONS WITH A FOCUS ON EDUCATION AND HEALTH. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NM.
Spence Asset Management Foundation has distributed a total of $101K across 4 grants. The median grant size is $21K, with an average of $25K. Individual grants have ranged from $20K to $39K.
Spence Asset Management Foundation typically selects its grantees rather than accepting unsolicited proposals.
Spence Asset Management Foundation is headquartered in LAS CRUCES, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric Walton | PRESIDENT | $0 | $0 | $0 |
| Carrie Nestle | SECRETARY | $0 | $0 | $0 |
| Sheila Walton | TREASURER | $0 | $0 | $0 |
Total Giving
$33K
Total Assets
$51K
Fair Market Value
$51K
Net Worth
$51K
Grants Paid
$33K
Contributions
$30K
Net Investment Income
$0
Distribution Amount
$3K
Total Grants
4
Total Giving
$101K
Average Grant
$25K
Median Grant
$21K
Unique Recipients
1
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various OrganizationsSUPPORT LOCAL NON-PROFITS, SCHOOLS | Las Cruces, NM | $20K | 2022 |
BILLINGS, MT
PORTLAND, OR
COCOA, FL
BENICIA, CA
RHINEBECK, NY
SANTA FE, NM
SANTA FE, NM
SANTA FE, NM
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
© 2026 Granted AI