John and Theresa Sprague Foundation
John and Theresa Sprague Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $399K in total assets. In 2024, it awarded 9 grants totaling $41K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$399K
-10.0% YoY
Annual Giving
$41K
+926.1% YoY
Grant Count
9
+200.0% YoY
Avg Grant Size
$5K
+242.0% YoY
Under IRS private-foundation payout rules, John and Theresa Sprague Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About John and Theresa Sprague Foundation
Based on IRS filings
John and Theresa Sprague Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $399K in total assets. In 2024, it awarded 9 grants totaling $41K. Net investment income was $4K.
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 | $398,978 | $443,548 | $386,877 |
| Revenue | $10,960 | $60,935 | $402,759 |
| Expenses | $55,530 | $4,264 | $15,882 |
| Qualifying Distributions | $48,266 | $4,030 | $10,800 |
| Net Investment Income | $4,044 | $10,935 | $2,759 |
| Distributable Amount | $20,715 | $21,113 | $10,756 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kulen Outreach ($20,000), United Nations International School (unis) ($5,000), Pingry School ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAREY INSTITUTE RENSSELAERVILLE, NY | GENERAL | $400 |
| KULEN OUTREACH NEW YORK, NY | GENERAL | $20,000 |
| MAKE-A-WISH FOUNDATION NEW YORK, NY | GENERAL | $1,000 |
| PLAY FOR PINK NEW YORK, NY | GENERAL | $3,200 |
| THE INNISFREE FOUNDATION MONTCLAIR, NJ | GENERAL | $2,500 |
| UNITED NATIONS INTERNATIONAL SCHOOL (UNIS) NEW YORK, NY | GENERAL | $5,000 |
| PINGRY SCHOOL BASKING RIDGE, NJ | GENERAL | $5,000 |
| LUISA DIAZ FOUNDATION NEW YORK, NY | GENERAL | $2,000 |
| DUTCHESS LAND CONSERVANCY MILLBROOK, NY | GENERAL | $2,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN SPRAGUE | DIRECTOR, PRES., & TREASURER | 1 | — |
| THERESA SPRAGUE | DIRECTOR, VP, & SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is John and Theresa Sprague Foundation?
John and Theresa Sprague Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $399K in total assets as of 2024.
How large is John and Theresa Sprague Foundation?
As of 2024, John and Theresa Sprague Foundation holds $399K in total assets with $11K in annual revenue. It awarded 9 grants totaling $41K in 2024.
Where does John and Theresa Sprague Foundation operate?
John and Theresa Sprague Foundation has awarded grants in Arizona, New Jersey, New York.
What size grants does John and Theresa Sprague Foundation award?
In 2024, John and Theresa Sprague Foundation awarded 9 grants totaling $41K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is John and Theresa Sprague Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, John and Theresa Sprague Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2022–2024.
Explore Open Grants
Browse active grant opportunities in John and Theresa Sprague Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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