K O Spessard Trust 2 31v028010

Foundation · Grantmaker LANCASTER, PA EIN: 23-6261558

K O Spessard Trust 2 31v028010 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$96K

+0.9% YoY

Annual Giving

$5K

-20.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

-20.2% YoY

Under IRS private-foundation payout rules, K O Spessard Trust 2 31v028010 reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About K O Spessard Trust 2 31v028010

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $26K (100%)

States

Pennsylvania

Cities

Annville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$95,705	$94,849	$98,008
Revenue	$7,472	$4,578	$3,411
Expenses	$6,728	$7,756	$8,390
Qualifying Distributions	$4,628	$5,799	$6,087
Net Investment Income	$5,372	$2,621	$1,326
Distributable Amount	$5,064	$4,748	$4,969

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Christ United Church of Christ ($4,628).

Recipient	Purpose	Amount
CHRIST UNITED CHURCH OF CHRIST ANNVILLE, PA	CHURCH BENEVOLENCE,	$4,628

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FULTON BANK NA	TRUSTEE	—	$2,082

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is K O Spessard Trust 2 31v028010?

K O Spessard Trust 2 31v028010 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LANCASTER, PA. It holds $96K in total assets as of 2024.

How large is K O Spessard Trust 2 31v028010?

As of 2024, K O Spessard Trust 2 31v028010 holds $96K in total assets with $7K in annual revenue. It awarded 1 grants totaling $5K in 2024.

Where does K O Spessard Trust 2 31v028010 operate?

K O Spessard Trust 2 31v028010 has awarded grants in Pennsylvania.

What size grants does K O Spessard Trust 2 31v028010 award?

In 2024, K O Spessard Trust 2 31v028010 awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is K O Spessard Trust 2 31v028010 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, K O Spessard Trust 2 31v028010 reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is K O Spessard Trust 2 31v028010's EIN?

K O Spessard Trust 2 31v028010's EIN (Employer Identification Number) is 23-6261558. IRS Form 990 filing data is available on this page for 2020–2024.