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Spout Foundation Inc. is a private corporation based in FERN BCH, FL. The foundation received its IRS ruling in 2013. It holds total assets of $1.5M. Annual income is reported at $666K. Total assets have grown from $990K in 2011 to $1.3M 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 2016 to 2023. Funding is distributed across 5 states, including New Jersey, Connecticut, New Hampshire. According to available records, Spout Foundation Inc. has made 32 grants totaling $196K, with a median grant of $3K. Annual giving has decreased from $118K in 2021 to $79K in 2022. Individual grants have ranged from $2K to $35K, with an average award of $6K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in New Jersey, Connecticut, New Hampshire, which account for 75% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$35K
Based on 9 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.
Spout Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in NJ, CT, NH.
Spout Foundation Inc. has distributed a total of $196K across 32 grants. The median grant size is $3K, with an average of $6K. Individual grants have ranged from $2K to $35K.
Spout Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Spout Foundation Inc. is headquartered in FERN BCH, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gregg Mccarty Wang | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Emily Pittenger | VICE PRESIDENT | $0 | $0 | N/A |
| John C Pittenger | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Susan E Pittenger | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
Total Giving
$60K
Total Assets
$1.3M
Fair Market Value
$1.6M
Net Worth
$1.3M
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$123K
Distribution Amount
$77K
Total: $1.1M
Total Grants
32
Total Giving
$196K
Average Grant
$6K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Princeton University FriendsSUPPORT | Princeton, NJ | $27K | 2022 |
| Ramapo For ChildrenSUPPORT | Hamden, NY | $2K | 2022 |
| Vista Life InnovationsSUPPORT | Old Lyme, CT | $2K | 2022 |
| Camp ThorpeSUPPORT | Goshen, VT | $2K | 2022 |
| Princeton Prospect FoundationSUPPORT | Princeton, NJ | $2K | 2022 |
| High Hopes Therapeutic RidingSUPPORT | Bedford, CT | $2K | 2022 |
| Mcdonough Scholarship FundSUPPORT | Princeton, NH | $2K | 2022 |
| Princeton Charter FoundationSUPPORT | Rhineback, NJ | $10K | 2021 |
| Friends Of The Triangle ClubSUPPORT | Princeton, NJ | $5K | 2021 |
| Nashoba Learning GroupSUPPORT | Princeton, MA | $5K | 2021 |
| Special Olympics ConnecticutSUPPORT | Madison, CT | $3K | 2021 |
| Friends Of Tiger BandSUPPORT | Manchester, NJ | $3K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL