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Also known as: FOUNDATION
The William H And Denise A Spence Foundation is a private trust based in BETHLEHEM, PA. The foundation received its IRS ruling in 2021. The principal officer is % William H Spence. It holds total assets of $5.3M. Annual income is reported at $2M. According to available records, The William H And Denise A Spence Foundation has made 16 grants totaling $1.5M, with a median grant of $4K. Annual giving has grown from $295K in 2021 to $370K in 2023. Grantmaking activity was highest in 2022 with $801K distributed across 4 grants. Individual grants have ranged from $250 to $400K, with an average award of $92K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Pennsylvania, Delaware, California, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The William H And Denise A Spence Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in PA, DE, CA.
The William H And Denise A Spence Foundation has distributed a total of $1.5M across 16 grants. The median grant size is $4K, with an average of $92K. Individual grants have ranged from $250 to $400K.
The William H And Denise A Spence Foundation typically selects its grantees rather than accepting unsolicited proposals.
The William H And Denise A Spence Foundation is headquartered in BETHLEHEM, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William H Spence | TRUSTEE | $0 | $0 | $0 |
| Denise A Spence | TRUSTEE | $0 | $0 | $0 |
| Rachel Leah Spence | TRUSTEE | $0 | $0 | $0 |
Total Giving
$436K
Total Assets
$4M
Fair Market Value
$3.6M
Net Worth
$4M
Grants Paid
$370K
Contributions
$0
Net Investment Income
$398K
Distribution Amount
$157K
Total Grants
16
Total Giving
$1.5M
Average Grant
$92K
Median Grant
$4K
Unique Recipients
11
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| $4K |
| 2023 |
| Grow AheadSUPPORT | Tustin, CA | $3K | 2023 |
| Delaware Museum Of Nature And ScienceSUPPORT | Wilmington, DE | $3K | 2023 |
| The Children'S Home Of EastonSUPPORT | Easton, PA | $1K | 2023 |
| Northampton Community CollegeSUPPORT | Bethlehem, PA | $50K | 2021 |
| Arts QuestSUPPORT | Bethlehem, PA | $3K | 2021 |
| Folds Of HonorSUPPORT | Tulsa, OK | $250 | 2021 |
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