Nathan Speare Foundation

MEDIA, PA EIN: 23-6245505

Arts and culture Education Elementary and secondary education Higher education Health

Nathan Speare Foundation is a private foundation focused on Arts and culture, based in MEDIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 1 grants totaling $195K. Net investment income was $365K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

+2.9% YoY

Annual Giving

$195K

-17.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$195K

-17.2% YoY

Under IRS private-foundation payout rules, Nathan Speare Foundation reported a distributable amount of $162K for 2024 — the minimum it must pay out in qualifying distributions.

About Nathan Speare Foundation

Based on IRS filings

Focus Areas

Arts and culture Education Elementary and secondary education Higher education Health

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $1.2M (100%)

States

Pennsylvania

Cities

Various

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,038,365	$2,952,176	$3,114,160
Revenue	$375,466	$191,366	$174,190
Expenses	$289,277	$353,350	$355,320
Qualifying Distributions	$280,277	$334,880	$333,266
Net Investment Income	$365,466	$172,896	$152,136
Distributable Amount	$162,464	$158,982	$173,140

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 See Schedule Attached ($194,936).

Recipient	Purpose	Amount
SEE SCHEDULE ATTACHED VARIOUS, PA	DISTRIBUTIONS ARE LIMITED TO ORGANIZATIONS THAT CARRY ON THE PURPOSE OF THE FOUNDATION	$194,936

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT N SPEARE	Foundation Mana	20	—
JON SPEARE	Trustee	20	—

Subject Areas

Focus areas based on grantmaking activity

Arts and culture Education Elementary and secondary education Higher education Health

Frequently Asked Questions

What is Nathan Speare Foundation?

Nathan Speare Foundation is a private foundation focused on Arts and culture, based in MEDIA, PA. It holds $3.0M in total assets as of 2024.

How large is Nathan Speare Foundation?

As of 2024, Nathan Speare Foundation holds $3.0M in total assets with $375K in annual revenue. It awarded 1 grants totaling $195K in 2024.

Where does Nathan Speare Foundation operate?

Nathan Speare Foundation has awarded grants in Pennsylvania.

What size grants does Nathan Speare Foundation award?

In 2024, Nathan Speare Foundation awarded 1 grants totaling $195K — an average of about $195K per grant, based on its IRS Form 990 filings.

How much is Nathan Speare Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nathan Speare Foundation reported a distributable amount of $162K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.