Robert R Sprague Foundation
The Robert R Sprague Foundation is a private foundation established in 1998 and located in Newport Beach, California. The foundation operates as a family foundation with a primary focus on higher education philanthropy.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$12.6M
+3.0% YoY
Annual Giving
$1.0M
+17.9% YoY
Grant Count
19
+18.8% YoY
Avg Grant Size
$54K
-0.7% YoY
Mission & Focus Areas
The foundation's giving is primarily directed toward higher education institutions and related charitable purposes.
Grantmaking
The foundation maintains active grantmaking operations with recent grants including:
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Geographic Focus
Where this funder awards grants
The foundation supports organizations primarily in California, with documented grants to institutions in San Luis Obispo and Los Angeles.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of May 2025:
- Total Assets: $12,648,833
- Total Revenues: $1,609,937
- Total Expenses: $1,240,345
- Investment Income and Dividends: $427,551
As of 2024:
- Total Assets: $12,279,241
- Total Giving: $864,000
The foundation maintains zero employees and operates with no outstanding liabilities.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $12,648,833 | $12,279,241 | $12,425,271 |
| Revenue | $1,609,937 | $896,299 | $1,020,690 |
| Expenses | $1,240,345 | $1,042,329 | $1,336,033 |
| Qualifying Distributions | $1,115,808 | $939,125 | $1,171,940 |
| Net Investment Income | $1,497,400 | $805,816 | $930,747 |
| Distributable Amount | $1,268,392 | $1,110,092 | $995,727 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Joel Sprague serves as President of the foundation.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL SPRAGUE | President | 5 | — |
Contact Information
Address: 4695 MacArthur Court, Suite 1500, Newport Beach, CA 92660-8885
Telephone: 949-216-2200
EIN: 95-7052355
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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