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Spirit Foundations Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1979. The principal officer is Sexter And Warmflash. It holds total assets of $1M. Annual income is reported at $46K. Total assets have decreased from $1.3M in 2010 to $971K in 2022. The foundation is governed by 3 officers and trustees. 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, Spirit Foundations Inc. has made 5 grants totaling $529K, with a median grant of $139K. Annual giving has decreased from $417K in 2021 to $112K in 2023. Individual grants have ranged from $52K to $139K, with an average award of $106K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. 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.
Spirit Foundations Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NY.
Spirit Foundations Inc. has distributed a total of $529K across 5 grants. The median grant size is $139K, with an average of $106K. Individual grants have ranged from $52K to $139K.
Spirit Foundations Inc. typically selects its grantees rather than accepting unsolicited proposals.
Spirit Foundations Inc. is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonas Herbsman Co Shukat Arrow Hafe | VP | $0 | $0 | N/A |
| Yoko Onoco Studio One | PRESIDENT | $0 | $0 | N/A |
| David Warmflash | SECR/TREAS | $0 | $0 | N/A |
Total Giving
$123K
Total Assets
$971K
Fair Market Value
$972K
Net Worth
$970K
Grants Paid
$112K
Contributions
$4K
Net Investment Income
$15K
Distribution Amount
$52K
Total: $970K
Total Grants
5
Total Giving
$529K
Average Grant
$106K
Median Grant
$139K
Unique Recipients
3
Most Common Grant
$139K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jlsc Education Tour Bus IncGENERALSUPPORT | New York, NY | $60K | 2023 |
| Alder Hey Children CharityPURCHASEOFVENTILATORS | — | $52K | 2023 |
| University Of LiverpoolFOR SCHOLARSHIPS | — | $139K | 2021 |