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Spring Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2010. The principal officer is % Suzanne S Masters. It holds total assets of $120.1M. Annual income is reported at $23.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Spring Foundation Inc. has made 21 grants totaling $14.3M, with a median grant of $500K. Annual giving has grown from $2.4M in 2020 to $3.6M in 2023. Grantmaking activity was highest in 2022 with $4.4M distributed across 5 grants. Individual grants have ranged from $100K to $1.9M, with an average award of $679K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in District of Columbia, Tennessee, Georgia, which account for 67% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Spring Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in DC, TN, GA.
Spring Foundation Inc. has distributed a total of $14.3M across 21 grants. The median grant size is $500K, with an average of $679K. Individual grants have ranged from $100K to $1.9M.
Spring Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Spring Foundation Inc. is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Suzanne Masters | PRESIDENT | $0 | $0 | $0 |
| Michael Masters | TREASURER | $0 | $0 | $0 |
Total Giving
$4.8M
Total Assets
$105M
Fair Market Value
$105M
Net Worth
$105M
Grants Paid
$3.6M
Contributions
$0
Net Investment Income
$4.4M
Distribution Amount
$5.2M
Total Grants
21
Total Giving
$14.3M
Average Grant
$679K
Median Grant
$500K
Unique Recipients
10
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American FriendsPROMOTION OF NATIONAL AND INTERNATIONAL NETWORKING, EXCHANGE, AND CREATIVE COLLABORATION AMONG SCIENTISTS, SCHOLARS, ARTISTS, AND OTHER PROFESSIONALS. | Washington, DC | $288K | 2023 |
| Greater Washington Community FoundationTO HELP STRENGTHEN THE WASHINGTON METROPOLITAN REGION BY ENCOURAGING AND SUPPORTING EFFECTIVE GIVING | Washington, DC | $1.6M | 2023 |
| Ut FoundationORGANIZATIONAL SUPPORT | Knoxville, TN | $1M | 2023 |
| Partners In HealthORGANIZATIONAL SUPPORT | Boston, MA | $660K | 2023 |
| Lymphatic Education & Research Network |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| New York, NY |
| $100K |
| 2023 |
| Marist SchoolORGANIZATIONAL SUPPORT | Atlanta, GA | $1.2M | 2022 |
| Emory UniversityORGAIZATIONAL SUPPORT | Atlanta, GA | $100K | 2022 |
| The Waterfall FoundationORGANIZATIONAL SUPPORT | Atlanta, GA | $500K | 2021 |
| Lifeway NetworkTO SUPPORT THE ORGANIZATION'S MISSION TO COMBAT HUMAN TRAFFICKING BY PROVIDING SAFE HOUSING FOR WOMEN WHO HAVE BEEN TRAFFICKED, AND TO OFFER EDUCATION ABOUT HUMAN TRAFFICKING TO THE GENERAL PUBLIC. | Rego Park, NY | $150K | 2020 |
| Sigma Chi FoundationORGANIZATIONAL SUPPORT | Evanston, IL | $100K | 2020 |
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