The Sparks Foundation Inc. | Granted Foundation Directory | Granted AI
MIDLAND, TX
The Sparks Foundation Inc. Quick Facts
EIN 200396160
Location MIDLAND, TX
Phone (432) 683-5203
Category Philanthropy & Grantmaking
Total Assets $12.7M
Annual Income $5.9M
IRS Ruling Year 2004
Organization Type Non-Operating Foundation
Tax Deductibility Contributions are deductible
About This Foundation The Sparks Foundation Inc. is a private corporation based in MIDLAND, TX. The foundation received its IRS ruling in 2004. It holds total assets of $12.7M. Annual income is reported at $5.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Sparks Foundation Inc. has made 73 grants totaling $3.1M, with a median grant of $5K. The foundation has distributed between $271K and $1.8M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 40 grants. Individual grants have ranged from $200 to $300K, with an average award of $42K. The foundation has supported 38 unique organizations. The foundation primarily supports organizations in Texas, Colorado, District of Columbia, which account for 77% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Application Information
Deadline 90 days prior to requested funding date Frequently Asked Questions What does The Sparks Foundation Inc. fund? The Sparks Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in TX, CO, DC.
How much does The Sparks Foundation Inc. give in grants? The Sparks Foundation Inc. has distributed a total of $3.1M across 73 grants. The median grant size is $5K, with an average of $42K. Individual grants have ranged from $200 to $300K.
How do I apply for a grant from The Sparks Foundation Inc.? The application deadline is 90 days prior to requested funding date.
Where is The Sparks Foundation Inc. located? The Sparks Foundation Inc. is headquartered in MIDLAND, TX. While based in TX, the foundation distributes grants to organizations across 8 states.
Key People & Compensation (2022) Name Title Compensation Benefits Total Kevin D Sparks Treasurer $0 $0 $0 C Todd Sparks Secretary $0 $0 $0 W Jeffrey Sparks Vice President $0 $0 $0 Don L Sparks President $0 $0 $0
990 Tax Filings Year Return Type PDF 2023 990PF 2022 990PF 2021 990PF 2020 990PF
Financial Overview Total Giving
$430K
2023 -55%
Total Assets
$8.1M
2023 +23%
Fair Market Value
$9.6M
2023
Net Investment Income
$2.1M
2023
Distribution Amount
$180K
2023
Investment Portfolio (2023) Total: $2.3M
Corporate Stock (29%)
Other Investments (55%)
Cash (16%)
Revenue Sources (2023)
Other Income $2M
Interest $74K
Capital Gains (Net) $41K
Dividends $15K Financial Details (2023)
Total Revenue $2.2M
Total Expenses $430K
Exempt Purpose Expenses $271K
Required Distribution $180K
Undistributed Income $0
Total Liabilities $5K
Excise Tax $30K Foundation Classification (2023) Operating Foundation
Grants to Individuals
Non-Charity Grants
Lobbying Activity
Excess Business Holdings
Grantmaking Insights Grant Disbursements by Year Grant Range Smallest grant Largest grant
Openness to New Grantees (2023)
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
TX $2.1M (45)
CO $707K (7)
DC $102K (4)
VA $78K (6)
CA $20K (2)
IL $5K (5)
Past Grantees Recipient Location Amount Year Flag Foundation To assist and support the services and programs of the foundation. Tarpon Springs, FL $1K 2023 Texas Public Policy FoundationTo assist and support the services and programs of the foundation. Austin, TX $200K 2023 America First Policy InstituteTo assist and support the services and programs of the foundation. Arlington, VA $25K 2023 Midland Chamber FoundationTo assist and support the services and programs of the foundation. Midland, TX $25K 2023 Christians Engaged
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To assist and support the services and programs of the foundation.
Buena Vista Young LifeTo assist and support the services and programs of the foundation. Buena Vista, CO $5K 2023
Young LifeTo assist and support the services and programs of the foundation. Colorado Springs, CO $200K 2022
Senior Life Of MidlandTo assist and support the services and programs of the foundation. Midland, TX $200K 2022
Midland Classical AcademyTo assist and support the services and programs of the foundation. Midland, TX $100K 2022
Prager University FoundationTo assist and support the services and programs of the foundation. Sherman Oaks, CA $10K 2022
The Village At Manor ParkTo assist and support the services and programs of the foundation. Midland, TX $10K 2022
China Aid Association IncTo assist and support the services and programs of the foundation. Midland, TX $5K 2022
The Life CenterTo assist and support the services and programs of the foundation. Midland, TX $5K 2022
Community Childrens ClinicTo assist and support the services and programs of the foundation. Midland, TX $3K 2022
First LibertyTo assist and support the services and programs of the foundation. Plano, TX $2K 2022
Turning Point UsaTo assist and support the services and programs of the foundation. Lemont, IL $1K 2022
Judicial Watch IncTo assist and support the services and programs of the foundation. Washington, DC $1K 2022
Leadership Institute IncTo assist and support the services and programs of the foundation. Arlington, VA $1K 2022
Hillsdale CollegeTo assist and support the services and programs of the foundation. Hillsdlae, MI $1K 2022
One Accord For KidsTo assist and support the services and programs of the foundation. Midland, TX $1K 2022
Watch And Play InternationalTo assist and support the services and programs of the foundation. Midland, TX $1K 2022
Darren Patterson Christian AcademyTo assist and support the services and programs of the foundation. Buena Vista, CO $1K 2022
Christ Church AnglicanTo assist and support the services and programs of the foundation. Midland, TX $500 2022
Sheriff'S Association Of TexasTo assist and support the services and programs of the foundation. Austin, TX $200 2022
CommunioTo assist and support the services and programs of the foundation. Alexandria, VA $25K 2021
Eagle Forum Edu Legal Defense FundTo assist and support the services and programs of the foundation. Frisco, TX $20K 2021
Midland Community TheaterTo assist and support the services and programs of the foundation. Midland, TX $15K 2021
Midland Memorial FoundationTo assist and support the services and programs of the foundation. Midland, TX $2K 2021
Found For Liberty And American GreaTo assist and support the services and programs of the foundation. Tarpon Springs, FL $1K 2021
Convention Of States ActionTo assist and support the services and programs of the foundation. Houston, TX $1K 2021
Legacy High SchoolTo assist and support the services and programs of the foundation. Midland, TX $1K 2021
Senior Life MidlandTo assist and support the services and programs of the foundation. Midland, TX $1K 2021
Young Americans For LibertyTo assist and support the services and programs of the foundation. Austin, TX $1K 2021
High Sky Children'S RanchTo assist and support the services and programs of the foundation. Midland, TX $50K 2020
Midland Bible ChurchTo assist and support the services and programs of the foundation. Midland, TX $33K 2020
Polwarth MinistriesTo assist and support the services and programs of the foundation. Waco, TX $10K 2020
Flags UsaTo assist and support the services and programs of the foundation. Barlett, IL $1K 2020
Permian Basin Mission CenterTo assist and support the services and programs of the foundation. Odessa, TX $200 2020
