John and Theresa Sprague Foundation

Private foundation · Grantmaker Stanfordville, NY EIN: 88-2703602

John and Theresa Sprague Foundation is a private foundation, based in Stanfordville, NY. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $379K in total assets. In 2025, it awarded 5 grants totaling $22K. Net investment income was $5K.

Key facts about John and Theresa Sprague Foundation

In short: John and Theresa Sprague Foundation gave $22K across 5 grants in 2025 (avg $4K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
88-2703602
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$21,900
Grants made (2025)
5
Average grant
$4,380
Median grant
$3,900
Total assets
$379,154
Primary geography
New York (89% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$379K

-5.0% YoY

Annual Giving

$22K

-47.0% YoY

Grant Count

5

-44.4% YoY

Avg Grant Size

$4K

-4.7% YoY

Under IRS private-foundation payout rules, John and Theresa Sprague Foundation reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.

How John and Theresa Sprague Foundation gives

  • Giving grew 103% from 2022 to 2025. Method
  • In 2025 it paid out 133% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

New YorkMontclairMillbrookAmeniaBasking RidgePhoenixRensselaerville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K4 grants2022 3 grants2023 9 grants2024 5 grants2025

From 2022 to 2025, annual grant giving ranged from $4K (2023) to $41K (2024). In 2025 it made 5 grants totaling $22K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Mt Sinai Health Syst: $10KMt Sinai Health Syst$10KPlay for Pink: $5KPlay for Pink$5KUnited Nations International School (Unis): $4KUnited Nations InternationalSchool (Unis)$4KThe Innisfree Foundation: $3KThe Innisfree Foundation$3KFood for Life -St Thomas Episcopal Church: $500Food for Life -St ThomasEpiscopal Church$500

The largest 2025 recipient was Mt Sinai Health Syst ($10K). Together the top 5 received $22K.

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 21 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mt Sinai Health Syst New York, NYGeneral$10,000
Play for Pink New York, NYGeneral$5,000
United Nations International School (Unis) New York, NYGeneral$3,900
The Innisfree Foundation Montclair, NJGeneral$2,500
Food for Life -St Thomas Episcopal Church Amenia, NYGeneral$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2022 2023 2024 2025
Metric202520242023
Total Assets$379,154$398,978$443,548
Revenue$8,091$10,960$60,935
Expenses$27,915$55,530$4,264
Qualifying Distributions$24,782$48,266$4,030
Net Investment Income$5,210$4,044$10,935
Distributable Amount$18,680$20,715$21,113

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 3, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 25, 2025)
  4. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 25, 2026)
  5. IRS filings on file for fiscal years 2022–2025

Leadership & Key People

Officers and directors from IRS filings

John and Theresa Sprague Foundation is led by John Sprague, Director, President & Treasurer on every filing since 2022; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John Sprague

    Director, President & Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

  • Theresa Sprague

    Director, Vice President & Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about John and Theresa Sprague Foundation

How much does John and Theresa Sprague Foundation give each year?

John and Theresa Sprague Foundation gave $22K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 9 grants.

What is John and Theresa Sprague Foundation's typical grant size?

John and Theresa Sprague Foundation's median grant in 2025 was $3,900, and its average grant was $4,380, across 5 grants on its 2025 IRS Form 990-PF.

Where does John and Theresa Sprague Foundation give grants?

John and Theresa Sprague Foundation gives mostly in New York: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (11%). The most frequent recipient cities were New York, NY (3 grants).

Does John and Theresa Sprague Foundation give general operating support?

Yes: 100% of John and Theresa Sprague Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are John and Theresa Sprague Foundation's largest grantees?

John and Theresa Sprague Foundation's largest 2025 grantees include Mt Sinai Health Syst ($10,000), Play for Pink ($5,000) and United Nations International School (Unis) ($3,900), according to its 2025 IRS Form 990-PF. Together they received 86% of its itemized 2025 grant dollars.

How large is John and Theresa Sprague Foundation?

John and Theresa Sprague Foundation reported $379K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).

What is John and Theresa Sprague Foundation's EIN?

John and Theresa Sprague Foundation's EIN (Employer Identification Number) is 88-2703602. IRS Form 990 filing data is available on this page for 2022–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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