Pine Spring Foundation

Private foundation · Grantmaker Bellaire, TX EIN: 83-2824041

Pine Spring Foundation is a private foundation, based in Bellaire, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $189K in total assets. In 2025, it awarded 4 grants totaling $4K. Net investment income was $32K.

Key facts about Pine Spring Foundation

In short: Pine Spring Foundation gave $4K across 4 grants in 2025 (avg $1K), top state Texas. Source: 2025 IRS Form 990-PF.

EIN
83-2824041
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$4,450
Grants made (2025)
4
Average grant
$1,113
Median grant
$600
Total assets
$189,379
Primary geography
Texas (17% 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

$189K

+29.0% YoY

Annual Giving

$4K

-8.5% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$1K

+37.2% YoY

Under IRS private-foundation payout rules, Pine Spring Foundation reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.

How Pine Spring Foundation gives

  • Giving grew 24% from 2022 to 2025. Method
  • In 2025 it paid out 220% 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

4states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

HoustonNew HavenNilesWilmington

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K2 grants2020 2 grants2021 3 grants2022 2 grants2023 6 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $803 (2020) to $5K (2024). In 2025 it made 4 grants totaling $4K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Long Yan 2nd High School: $3KLong Yan 2nd High School$3KSt Johns School: $750St Johns School$750UltraCamp: $450UltraCamp$450Yale University: $250Yale University$250

The largest 2025 recipient was Long Yan 2nd High School ($3K). Together the top 4 received $4K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Long Yan 2nd High School charitable$3,000
St Johns School Houston, TXcharitable$750
UltraCamp Niles, MIcharitable$450
Yale University New Haven, CTeducational$250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$189,379$146,830$120,419
Revenue$62,536$49,901$52,516
Expenses$19,987$23,490$18,035
Qualifying Distributions$19,617$23,178$17,926
Net Investment Income$32,166$24,589$22,482
Distributable Amount$8,932$7,394$5,827

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 11, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 6, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Pine Spring Foundation is led by Yiji Lin, CEO on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Yiji Lin

    CEO

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Xiaomeng Lian

    CFO

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Pine Spring Foundation

How much does Pine Spring Foundation give each year?

Pine Spring Foundation gave $4K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 6 grants.

What is Pine Spring Foundation's typical grant size?

Pine Spring Foundation's median grant in 2025 was $600, and its average grant was $1,113, across 4 grants on its 2025 IRS Form 990-PF.

Where does Pine Spring Foundation give grants?

Pine Spring Foundation's top state is Texas, with 17% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Michigan (10%) and Connecticut (6%).

Does Pine Spring Foundation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Pine Spring Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).

How large is Pine Spring Foundation?

Pine Spring Foundation reported $189K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).

What is Pine Spring Foundation's EIN?

Pine Spring Foundation's EIN (Employer Identification Number) is 83-2824041. IRS Form 990 filing data is available on this page for 2020–2025.

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

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