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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. The foundation is governed by 6 officers and trustees. Distribution of funds to support charitable, scientific, religious, and educational purposes to other 501(c)(3) organizations engaged in such purposes. 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 Austin, Texas and Surrounding communities. 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.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$16K
Largest Grant
$50K
Based on 14 grants from the most recent 990-PF filing.
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.
Springhouse Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is THERE IS NO DEADLINE TO SUBMIT REQUESTS.. Only Austin-area nonprofits eligible. Foundation states it cannot accept unsolicited grant requests.
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 | N/A |
| Anna B Herd | DIRECTOR | $0 | $0 | N/A |
| Jason D Herd | DIRECTOR | $0 | $0 | N/A |
| Daniel W Herd | DIRECTOR | $0 | $0 | N/A |
| Valerie H Parker | DIRECTOR | $0 | $0 | N/A |
| James Chico Parker | DIRECTOR | $0 | $0 | N/A |
Total Giving
$258K
Total Assets
$5.5M
Fair Market Value
$5.5M
Net Worth
$5.5M
Grants Paid
$240K
Contributions
N/A
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 |
|---|---|---|---|
| Dell Children'S Medical Center FoundationGENERAL OPERATIONS | Austin, TX | $40K | 2023 |
| Explore AustinGENERAL OPERATIONS | Austin, TX | $35K | 2023 |
| Mobile Loaves & FishesGENERAL OPERATIONS | Austin, TX | $25K | 2023 |
| Texas Book FestivalGENERAL OPERATIONS | Austin, TX | $25K | 2023 |
| Kipp Texas Fundraising AustinGENERAL OPERATIONS | Dallas, TX | $25K | 2023 |
| Save The Rhino InternationalGENERAL OPERATIONS | New York, NY | $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 |
| SafeGENERAL OPERATIONS | Austin, TX | $5K | 2023 |
| Casa MontessoriGENERAL OPERATIONS | Austin, TX | $5K | 2023 |
| Junior League Of AustinGENERAL 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 |
| People'S Community ClinicGENERAL OPERATIONS | Austin, TX | $15K | 2021 |
| Central Texas Food BankGENERAL OPERATIONS | Austin, TX | $15K | 2021 |
| Anti-Defamation League - AustinGENERAL OPERATIONS | Austin, TX | $10K | 2021 |
| Cupid'S CharityGENERAL OPERATIONS | Denver, CO | $5K | 2021 |