Melvin B Sprigg Trust

Foundation · Grantmaker ORLANDO, FL EIN: 55-6015578

Melvin B Sprigg Trust is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $103K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

Annual Giving

$15K

Grant Count

2

Avg Grant Size

$8K

Under IRS private-foundation payout rules, Melvin B Sprigg Trust reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.

About Melvin B Sprigg Trust

Based on IRS filings

Melvin B Sprigg Trust is a private foundation, based in ORLANDO, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $103K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

ClarksburgFairmontHornerJane LewMorgantownWalkersvilleWeston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$60K$91K$121K202120222024
Metric202420222021
Total Assets$1,456,227$1,060,129$1,136,993
Revenue$109,873$30,315$62,143
Expenses$44,355$107,118$102,298
Qualifying Distributions$28,392$95,470$91,283
Net Investment Income$103,055$19,387$49,620
Distributable Amount$77,693$71,770$81,210

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$85K10 grants20218 grants20222 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

STONEWALL JACKSON MEMORI…$10KCENTRAL WV COMMUNITY ACT…$5K

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Stonewall Jackson Memorial Hospital ($10,000), Central Wv Community Action Inc ($5,150).

RecipientPurposeAmount
STONEWALL JACKSON MEMORIAL HOSPITAL WESTON, WVGENERAL OPERATING$10,000
CENTRAL WV COMMUNITY ACTION INC CLARKSBURG, WVGENERAL OPERATING$5,150

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TRUIST BANKTRUSTEE$12K

From 2024 filing

NameTitleHoursCompensation
TRUIST BANKTRUSTEE1$12,405

Frequently Asked Questions

How large is Melvin B Sprigg Trust?

As of 2024, Melvin B Sprigg Trust holds $1.5M in total assets with $110K in annual revenue. It awarded 2 grants totaling $15K in 2024.

Where does Melvin B Sprigg Trust operate?

Melvin B Sprigg Trust has awarded grants in West Virginia.

What size grants does Melvin B Sprigg Trust award?

In 2024, Melvin B Sprigg Trust awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Melvin B Sprigg Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Melvin B Sprigg Trust reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Melvin B Sprigg Trust's EIN?

Melvin B Sprigg Trust's EIN (Employer Identification Number) is 55-6015578. IRS Form 990 filing data is available on this page for 2021–2024.

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

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