//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
W Vaughan Spencer Foundation Inc. is a private corporation based in SOUTHMONT, NC. The foundation received its IRS ruling in 2002. It holds total assets of $579K. Annual income is reported at $63K. Total assets have grown from $324K in 2010 to $568K in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 6 states, including Florida, New York, Illinois. According to available records, W Vaughan Spencer Foundation Inc. has made 19 grants totaling $76K, with a median grant of $4K. Annual giving has grown from $34K in 2020 to $41K in 2022. Individual grants have ranged from $200 to $7K, with an average award of $4K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Florida, New York, Illinois, which account for 68% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$4K
Average Grant
$4K
Largest Grant
$5K
Based on 9 grants from the most recent 990-PF filing.
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.
W Vaughan Spencer Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in FL, NY, IL.
W Vaughan Spencer Foundation Inc. has distributed a total of $76K across 19 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $200 to $7K.
W Vaughan Spencer Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
W Vaughan Spencer Foundation Inc. is headquartered in SOUTHMONT, NC. While based in NC, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| W Vaughan Spencer | PRESIDENT | $0 | $0 | N/A |
| Judith Spencer | DIRECTOR | $0 | $0 | N/A |
| Stacey Ogburn | DIRECTOR | $0 | $0 | N/A |
| Roberta Spencer | DIRECTOR | $0 | $0 | N/A |
| Martin High | DIRECTOR | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$568K
Fair Market Value
$931K
Net Worth
$568K
Grants Paid
$33K
Contributions
$32K
Net Investment Income
$26K
Distribution Amount
$43K
Total Grants
19
Total Giving
$76K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
13
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist ChurchCHARITABLE/EDUCATIONAL | Key West, FL | $5K | 2022 |
| Cheryl Cates Memorial FoundationCHARITABLE/EDUCATIONAL | Key West, FL | $3K | 2022 |
| Key West Woman'S ClubCHARITABLE/EDUCATIONAL | Key West, FL | $7K | 2022 |
| Cancer Research InstituteCHARITABLE/EDUCATIONAL | New York, NY | $5K | 2022 |
| Alzheimer'S AssociationCHARTIABLE/EDUCATIONAL | Chicago, IL | $5K | 2022 |
| Wounded Warriors ProjectCHARITABLE/EDUCATIONAL | Topeka, KS | $5K | 2022 |
| Ronald Mcdonald HouseCHARITABLE/EDUCATIONAL | Chicago, IL | $4K | 2022 |
| Victory JunctionCHARITABLE/EDUCATIONAL | Randleman, NC | $4K | 2022 |
| The Salvation ArmyCHARITABLE/EDUCATIONAL | Alexadria, VA | $4K | 2022 |
| The Oldest House MuseumCHARITABLE/EDUCATIONAL | St Augustine, FL | $200 | 2022 |
| Wesley House Family ServicesCHARITABLE/EDUCATIONAL | Key West, FL | $5K | 2020 |
| Doctors Without BordersCHARITABLE/EDUCATIONAL | New York, NY | $4K | 2020 |
| Samuel'S HouseCHARITABLE/EDUCATIONAL | Ozark, MO | $3K | 2020 |