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Also known as: FOUNDATION
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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. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William H Spence | TRUSTEE | $0 | $0 | N/A |
| Denise A Spence | TRUSTEE | $0 | $0 | N/A |
| Rachel Leah Spence | TRUSTEE | $0 | $0 | N/A |
Total Giving
$436K
Total Assets
$4M
Fair Market Value
$3.6M
Net Worth
$4M
Grants Paid
$370K
Contributions
N/A
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
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Way Of The Lehigh ValleySUPPORT | Allentown, PA | $325K | 2023 |
| Historic Bethlehem MuseumSUPPORT | Bethlehem, PA | $31K | 2023 |
| Bread And Roses Community FundSUPPORT | Philadelphia, PA | $4K | 2023 |
| NccSUPPORT | Bethlehem, PA | $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 |
| BloomSUPPORT | Bethlehem, PA | $10K | 2021 |
| Arts QuestSUPPORT | Bethlehem, PA | $3K | 2021 |
| Folds Of HonorSUPPORT | Tulsa, OK | $250 | 2021 |