Springhouse Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2019. The principal officer is % Daniel W Herd. It holds total assets of $5.8M. Annual income is reported at $770K. DISTRIBUTION OF FUNDS TO SUPPORT CHARITABLE, SCIENTIFIC, RELIGIOUS, AND EDUCATIONAL PURPOSES TO OTHER 501(C)(3) ORGANIZATIONS ENGAGED IN SUCH PURPOSES. According to available records, Springhouse Foundation has made 62 grants totaling $1.3M, with a median grant of $17K. The foundation has distributed between $221K and $539K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $539K distributed across 22 grants. Individual grants have ranged from $3K to $65K, with an average award of $21K. The foundation has supported 25 unique organizations. Grants have been distributed to organizations in Texas and New York and Colorado. Contributions to this foundation are tax-deductible.
DISTRIBUTION OF FUNDS TO SUPPORT CHARITABLE, SCIENTIFIC, RELIGIOUS, AND EDUCATIONAL PURPOSES TO OTHER 501(C)(3) ORGANIZATIONS ENGAGED IN SUCH PURPOSES.
Expenses: $221K
DISTRIBUTION OF FUNDS TO SUPPORT CHARITABLE, SCIENTIFIC, RELIGIOUS, AND EDUCATIONAL PURPOSES TO OTHER 501(C)(3) ORGANIZATIONS ENGAGED IN SUCH PURPOSES. Based on available records, the foundation has funded 62 grants. Its grantmaking reaches organizations primarily in TX, NY, CO.
Springhouse Foundation has distributed a total of $1.3M across 62 grants. The median grant size is $17K, with an average of $21K. Individual grants have ranged from $3K to $65K.
The application deadline is THERE IS NO DEADLINE TO SUBMIT REQUESTS.. THE FOUNDATION'S MAIN PHILANTHROPIC FOCUS IS CHILDREN, WOMEN, AND OTHER BASIC HUMAN NEEDS, ALTHOUGH, THE FOUNDATION IS NOT RESTRICTED FROM GIVING OUTSIDE THESE PARAMETERS.
Springhouse Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paula T Herd | DIRECTOR | $0 | $0 | $0 |
| Anna B Herd | DIRECTOR | $0 | $0 | $0 |
| Jason D Herd | DIRECTOR | $0 | $0 | $0 |
| Daniel W Herd | DIRECTOR | $0 | $0 | $0 |
| Valerie H Parker | DIRECTOR | $0 | $0 | $0 |
Total Giving
$258K
Total Assets
$5.5M
Fair Market Value
$5.5M
Net Worth
$5.5M
Grants Paid
$240K
Contributions
$0
Net Investment Income
$223K
Distribution Amount
$246K
Total: $5.1M
Total Grants
62
Total Giving
$1.3M
Average Grant
$21K
Median Grant
$17K
Unique Recipients
25
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SafeGENERAL OPERATIONS | Austin, TX | $5K | 2023 |
| Dell Children'S Medical Center FoundationGENERAL OPERATIONS | Austin, TX | $40K | 2023 |
| Explore AustinGENERAL OPERATIONS | Austin, TX | $35K | 2023 |
| Save The Rhino InternationalGENERAL OPERATIONS | New York, NY | $25K | 2023 |
| Mobile Loaves & FishesGENERAL OPERATIONS | Austin, TX | $25K |
| James Chico Parker |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| 2023 |
| Kipp Texas Fundraising AustinGENERAL OPERATIONS | Dallas, TX | $25K | 2023 |
| Texas Book FestivalGENERAL OPERATIONS | Austin, TX | $25K | 2023 |
| Trail ConservancyGENERAL OPERATIONS | Austin, TX | $25K | 2023 |
| Meals On WheelsGENERAL OPERATIONS | Austin, TX | $15K | 2023 |
| Assistance League Of AustinGENERAL OPERATIONS | Austin, TX | $10K | 2023 |
| Junior League Of AustinGENERAL OPERATIONS | Austin, TX | $5K | 2023 |
| Casa MontessoriGENERAL OPERATIONS | Austin, TX | $5K | 2023 |
| Helping Hand Home For ChildrenGENERAL OPERATIONS | Austin, TX | $33K | 2022 |
| The Trail FoundationGENERAL OPERATIONS | Austin, TX | $25K | 2022 |
| Friends Of The Children AustinGENERAL OPERATIONS | Austin, TX | $15K | 2022 |
| Generation ServeGENERAL OPERATIONS | Austin, TX | $3K | 2022 |
| St Andrew'S Episcopal SchoolGENERAL OPERATIONS | Austin, TX | $20K | 2021 |
| Central Texas Food BankGENERAL OPERATIONS | Austin, TX | $15K | 2021 |
| People'S Community ClinicGENERAL OPERATIONS | Austin, TX | $15K | 2021 |
| Anti-Defamation League - AustinGENERAL OPERATIONS | Austin, TX | $10K | 2021 |
| Cupid'S CharityGENERAL OPERATIONS | Denver, CO | $5K | 2021 |
| Magdalene House Of AustinGENERAL OPERATIONS | Austin, TX | $25K | 2020 |
| Safe AllianceGENERAL OPERATIONS | Austin, TX | $10K | 2020 |
| Heartgift FoundationGENERAL OPERATIONS | Austin, TX | $10K | 2020 |
| KfmaGENERAL OPERATIONS | Austin, TX | $5K | 2020 |
HOUSTON, TX
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