//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Three Springs Foundation Inc. is a private corporation based in POWELL BUTTE, OR. The foundation received its IRS ruling in 2022. The principal officer is Edward P Fitch. It holds total assets of $1.8M. Annual income is reported at $593K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Three Springs Foundation Inc. has made 37 grants totaling $120K, with a median grant of $3K. Annual giving has grown from $21K in 2021 to $31K in 2023. Grantmaking activity was highest in 2022 with $68K distributed across 14 grants. Individual grants have ranged from $100 to $10K, with an average award of $3K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Oregon, Washington, Michigan, which account for 95% 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.
Three Springs Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in OR, WA, MI.
Three Springs Foundation Inc. has distributed a total of $120K across 37 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $100 to $10K.
Three Springs Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Three Springs Foundation Inc. is headquartered in POWELL BUTTE, OR. While based in OR, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald Raasch | President | $0 | $0 | N/A |
| Susan Raasch | Secretary | $0 | $0 | N/A |
| Ashley Raasch | Treasurer | $0 | $0 | N/A |
Total Giving
$141K
Total Assets
$1.8M
Fair Market Value
$1.9M
Net Worth
$1.8M
Grants Paid
$129K
Contributions
N/A
Net Investment Income
$52K
Distribution Amount
$87K
Total: N/A
Total Grants
37
Total Giving
$120K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saving GraceTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Bend, OR | $5K | 2023 |
| Central Oregon Veterans RanchTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Bend, OR | $5K | 2023 |
| Crook County FoundationTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Prineville, OR | $5K | 2023 |
| Brightside Animal ShelterTO HELP RESCUED ANIMALS FOR SHELTER AND SERVICES | Redmond, OR | $3K | 2023 |
| Human Society Of The OchocosTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Prineville, OR | $3K | 2023 |
| National Child Safety CouncilTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Prineville, OR | $3K | 2023 |
| Little Bit Therapeutic Riding CenterTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Redmond, WA | $3K | 2023 |
| Hillsdale CollegeTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Hillsdale, MI | $2K | 2023 |
| Crook County Search And RescueTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Prineville, OR | $1K | 2023 |
| Diocese Of BakerTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Redmond, OR | $1K | 2023 |
| UsoTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Washington, DC | $500 | 2023 |
| Wso ArtTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Sunriver, OR | $250 | 2023 |
| Lincoln City Cultural CenterTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Lincoln City, OR | $5K | 2022 |
| Horses Of HopeTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Turner, OR | $4K | 2022 |
| Oregon Farm BureauTOWARDS SCHOLORSHIPS | Salem, OR | $3K | 2022 |
| Yaquina River Museum Of ArtTOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | Toledo, OR | $100 | 2021 |