Also known as: C/O SUZANNE P MURPHY
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Spm Foundation Inc. is a private corporation based in WINSTON SALEM, NC. The foundation received its IRS ruling in 1997. The principal officer is Suzanne P Murphy. It holds total assets of $11.1M. Annual income is reported at $4.7M. Total assets have grown from $6.5M in 2011 to $11M in 2023. The foundation is governed by 4 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. The foundation primarily funds organizations in Maryland, Indiana and District of Columbia. According to available records, Spm Foundation Inc. has made 550 grants totaling $4.2M, with a median grant of $4K. Annual giving has grown from $987K in 2020 to $2M in 2022. Individual grants have ranged from $500 to $439K, with an average award of $8K. The foundation has supported 177 unique organizations. The foundation primarily supports organizations in Missouri, Indiana, Maryland, which account for 66% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$7K
Largest Grant
$253K
Based on 136 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.
Spm Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 550 grants. Its grantmaking reaches organizations primarily in MO, IN, MD.
Spm Foundation Inc. has distributed a total of $4.2M across 550 grants. The median grant size is $4K, with an average of $8K. Individual grants have ranged from $500 to $439K.
Spm Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Spm Foundation Inc. is headquartered in WINSTON SALEM, NC. While based in NC, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Suzanne P Murphy | PRESIDENT | $0 | $0 | N/A |
| Jamie Sue Schulte | VICE PRESIDENT | $0 | $0 | N/A |
| Douglas Pulliam Mcdaniel | SECRETARY | $0 | $0 | N/A |
| Margaret Ann Goldsmith | TREASURER | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$11M
Fair Market Value
$11M
Net Worth
$11M
Grants Paid
$1M
Contributions
$1M
Net Investment Income
$183K
Distribution Amount
$532K
Total: $3.7M
Total Grants
550
Total Giving
$4.2M
Average Grant
$8K
Median Grant
$4K
Unique Recipients
177
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Makiah'S Hope FoundationSUPPORT SERVICES | St Louis, MO | $285K | 2022 |
| Lifeline ConnectSUPPORT SERVICES | Urbana, IL | $50K | 2022 |
| Riley Children'S FoundationSUPPORT SERVICES | Indianapolis, IN | $35K | 2022 |
| Sycamore SchoolSUPPORT SERVICES | Indianapolis, IN | $30K | 2022 |
| Indian River Habitat For HumanitySUPPORT SERVICES | Vero Beach, FL | $25K | 2022 |
| St Ann'S Center For ChildrenSUPPORT SERVICES | Hyattsville, MD | $25K | 2022 |
| Catholic CharitiesSUPPORT SERVICES | Washington, DC | $22K | 2022 |
| Goodwill Of Central IndianaSUPPORT SERVICES | Indianapolis, IN | $20K | 2022 |
| Depauw UniversitySUPPORT SERVICES | Indianapolis, IN | $15K | 2022 |
| Woodstock FoundationSUPPORT SERVICES | Indianapolis, IN | $15K | 2022 |
| Big Brothersbig SistersSUPPORT SERVICES | Indianapolis, IN | $15K | 2022 |
| American Red CrossSUPPORT SERVICES | Indianapolis, IN | $12K | 2022 |
| Washington Jesuit AcademySUPPORT SERVICES | Washington, DC | $11K | 2022 |
| Craine HouseSUPPORT SERVICES | Indianapolis, IN | $10K | 2022 |
| Leukemia And Lymphoma SocietySUPPORT SERVICES | Carmel, IN | $10K | 2022 |
| First Baptist AthleticsSUPPORT SERVICES | Indianapolis, IN | $10K | 2022 |
| Indianapolis ZooSUPPORT SERVICES | Indianapolis, IN | $10K | 2022 |
| Dress For SuccessSUPPORT SERVICES | Indianapolis, IN | $10K | 2022 |
| Lake Max Environmental CouncilSUPPORT SERVICES | Culver, IN | $10K | 2022 |
| Women For RileySUPPORT SERVICES | Indianapolis, IN | $10K | 2022 |
| Women'S FundSUPPORT SERVICES | Indianapolis, IN | $10K | 2022 |
| Impact 100SUPPORT SERVICES | Indianapolis, IN | $10K | 2022 |
| Capital Area Food BankSUPPORT SERVICES | Washington, DC | $10K | 2022 |
| Moorings Educational FundSUPPORT SERVICES | Vero Beach, FL | $7K | 2022 |
| Beebe Medical FoundationSUPPORT SERVICES | Lewes, DE | $6K | 2022 |
| Bethesda CaresSUPPORT SERVICES | Bethesda, MD | $6K | 2022 |