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The Mountain Spring Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2020. The principal officer is % Foundation Source. It holds total assets of $9.1M. Annual income is reported at $4.1M. The foundation operates in the area of arts & culture. According to available records, The Mountain Spring Foundation has made 20 grants totaling $368K, with a median grant of $19K. Annual giving has grown from $12K in 2020 to $190K in 2023. Individual grants have ranged from $1K to $75K, with an average award of $18K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Utah, District of Columbia, New York, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The Mountain Spring Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in UT, DC, NY.
The Mountain Spring Foundation has distributed a total of $368K across 20 grants. The median grant size is $19K, with an average of $18K. Individual grants have ranged from $1K to $75K.
The Mountain Spring Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Mountain Spring Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Alex Leistner | Dir, Pres, Sec, Treas | $0 | $0 | $0 |
| Saba Eslami | Dir | $0 | $0 | $0 |
Total Giving
$364K
Total Assets
$5.5M
Fair Market Value
$6.4M
Net Worth
$5.5M
Grants Paid
$190K
Contributions
$923K
Net Investment Income
$0
Distribution Amount
$301K
Total: $1.2M
Total Grants
20
Total Giving
$368K
Average Grant
$18K
Median Grant
$19K
Unique Recipients
12
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Policy ProjectGeneral & Unrestricted | Salt Lake Cty, UT | $75K | 2023 |
| Wasatch Adaptive Sports IncGeneral & Unrestricted | Snowbird, UT | $30K | 2023 |
| Chance AcademyGeneral & Unrestricted | Washington, DC | $30K | 2023 |
| Maliheh Free ClinicGeneral & Unrestricted | Millcreek, UT | $19K | 2023 |
| Huntsman Mental Health FoundationGeneral & Unrestricted | Salt Lake City, UT | $19K | 2023 |
| Hopewell FundGeneration Data Education Fund | Baltimore, DC | $15K | 2023 |
| Nayer And Javed Honarvar Memorial FoundationGeneral & Unrestricted | Salt Lake Cty, UT | $3K | 2023 |
| Encircle Family And Youth Resource CenterGeneral & Unrestricted | Provo, UT | $20K | 2022 |
| Chabad Lubavitch Of Utah IncGeneral & Unrestricted | Salt Lake City, UT | $20K | 2022 |
| Silicon SlopesGeneral & Unrestricted | Lehi, UT | $10K | 2022 |
| Sponsors For Educational Opportunity IncGeneral & Unrestricted | New York, NY | $10K | 2021 |
| St Jude Childrens Research Hospital IncGeneral & Unrestricted | Memphis, TN | $2K | 2020 |
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