Friends of Spring Lake District Library is a private foundation focused on Education, based in SPRING LAKE, MI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $11K in total assets. In 2025, it made $13K in qualifying distributions. Net investment income was $295.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11K
+0.6% YoY
Revenue
$13K
+12.0% YoY
Qualifying Distributions
$13K
+0.0% YoY
Expenses
$13K
-14.9% YoY
Under IRS private-foundation payout rules, Friends of Spring Lake District Library reported a distributable amount of $554 for 2025 — the minimum it must pay out in qualifying distributions.
About Friends of Spring Lake District Library
Based on IRS filings
Friends of Spring Lake District Library is a private foundation focused on Education, based in SPRING LAKE, MI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $11K in total assets. In 2025, it made $13K in qualifying distributions. Net investment income was $295.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,995 | $10,933 | $14,560 |
| Revenue | $13,139 | $11,732 | $13,311 |
| Expenses | $13,077 | $15,359 | $14,407 |
| Qualifying Distributions | $12,677 | $12,676 | $12,098 |
| Net Investment Income | $295 | — | $1 |
| Distributable Amount | $554 | $756 | $851 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAULA BOODT | President | 2 | — |
| SARA SHAMBARGER | Vice President | 2 | — |
| DEB WILLISON | Secretary | 2 | — |
| KATHY GOLASZEWSKI | Treasurer | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Spring Lake District Library?
Friends of Spring Lake District Library is a private foundation focused on Education, based in SPRING LAKE, MI. It holds $11K in total assets as of 2025.
How large is Friends of Spring Lake District Library?
As of 2025, Friends of Spring Lake District Library holds $11K in total assets with $13K in annual revenue.
How much is Friends of Spring Lake District Library required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Friends of Spring Lake District Library reported a distributable amount of $554 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of Spring Lake District Library's EIN?
Friends of Spring Lake District Library's EIN (Employer Identification Number) is 38-2412375. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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