Black Spring Foundation Inc is a private foundation focused on Education, based in SIOUX FALLS, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.4M in total assets. In 2024, it awarded 2 grants totaling $817K. Net investment income was $601K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.4M
+21.8% YoY
Annual Giving
$817K
+730.2% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$408K
+315.1% YoY
About Black Spring Foundation Inc
Based on IRS filings
Black Spring Foundation Inc is a private foundation focused on Education, based in SIOUX FALLS, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.4M in total assets. In 2024, it awarded 2 grants totaling $817K. Net investment income was $601K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,363,555 | $16,725,592 | $16,323,744 |
| Revenue | $4,538,988 | $552,291 | $15,085,260 |
| Expenses | $887,730 | $141,705 | $82,932 |
| Qualifying Distributions | $816,508 | $98,347 | $74,410 |
| Net Investment Income | $601,311 | $519,152 | $82,238 |
| Distributable Amount | $935,039 | $816,508 | $98,347 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NATALIE A BLACK | PRESIDENT/TREASURER/DIRECT | 1 | — |
| DAVID HECK | PRESIDENT/TREASURER | 1 | — |
| NATHAN HONSON | VICE PRESIDENT/SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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