Spell Family Foundation co William Spell
Spell Family Foundation co William Spell is a Minneapolis-based organization with filing type 990T. Its 2024 grants show support for churches and other faith-related organizations, as well as education, public policy, and human services organizations.
Key facts about Spell Family Foundation co William Spell
In short: Spell Family Foundation co William Spell gave $548K across 23 grants in 2024 (avg $24K), top state Minnesota. 39% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 41-1788155
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $547,524
- Grants made (2024)
- 23
- Average grant
- $23,805
- Median grant
- $10,000
- New grantees (estimate)
- 39% first-time grantees (9 of 23, 2024)
- Total assets
- $10,868,104
- Primary geography
- Minnesota (30% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.9M
+20.4% YoY
Annual Giving
$548K
-43.4% YoY
Grant Count
23
+15.0% YoY
Avg Grant Size
$24K
-50.8% YoY
Under IRS private-foundation payout rules, Spell Family Foundation co William Spell reported a distributable amount of $501K for 2024 — the minimum it must pay out in qualifying distributions.
Is Spell Family Foundation co William Spell open to new grantees?
39%
first-time grantees, 2024
In 2024, 9 of 23 grantees (39%) were first-time recipients. First grants averaged $10K; repeat grants $33K. How we count
Medians: $500 first-time, $10K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving grew 89% from 2021 to 2024. Method
- In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement is provided. The 2024 grants include general operating support for Greek Orthodox churches and institutions, and support for organizations in other fields. For example, St Thomas More Play Group says its objective is to provide a warm, supportive atmosphere for children beginning their social and academic journey. Center of the American Experiment describes itself as a nonpartisan policy and educational institution advancing conservative and free-market ideas. Homeward Bound says it provides services for children, adolescents, and adults with disabilities.
Grantmaking
In 2024, the organization made 23 grants totaling $547,524. Awards ranged from $250 to $100,000, with a median of $10,000. Its largest grants included $100,000 each to The Hellenic Institute, Hellenic College–Holy Cross Greek Orthodox, and the Greek Orthodox Metropolis of Chicago, all for general operating support. Other notable grants were $61,833 to St Marys Greek Orthodox Church in Minneapolis for general operating support and $58,241 to Laestadian Lutheran Church for stained-glass windows for a new chapel. St Nicholas Greek Orthodox Church received $25,000 for general operating support.
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Geographic Focus
Where this funder awards grants
In 2024, grant dollars went to recipients in Minnesota (30%), Illinois (20%), Washington, DC (18%), Massachusetts (18%), and New York (12%).
Grant Distribution by State
Share of 2024 grant dollars across all 23 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $175K (2022) to $968K (2023). In 2024 it made 23 grants totaling $548K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Hellenic Institute ($100K). Together the top 10 received $409K.
Organizations only. It also paid 1 grant to individuals ($100,000), which are not listed by name.
Grant Size Distribution
88 grants across all recorded years
The most common grant size was under $50K: 79 grants of 88 (90%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Hellenic Institute Washington, DC | General Operating Support | $100,000 |
| 1 grant to individuals Recipients not named | — | $100,000 |
| Greek Orthodox Metropolis of Chicago Lombard, IL | General Operating Support | $100,000 |
| St Marys Greek Orthodox Church Minneapolis, MN | General Operating Support | $61,833 |
| Laestadian Lutheran Church Monticello, MN | Stained Glass windows donated for the use in a new chapel. | $58,241 |
| St Nicholas Greek Orthodox Church New York, NY | General Operating Support | $25,000 |
| St George Greek Orthodox St. Paul, MN | General Operating Support | $22,250 |
| Friends of the Hogar Rafael Ayau Chicago, IL | General Operating Support | $11,500 |
| SAE Minnesota Alpha Education Fund Minneapolis, MN | General Operating Support | $10,000 |
| Fordham University-Orthodox Christian Studies Ctr Bronx, NY | General Operating Support | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2024 | $547,524 | 23 |
| 2023 | $967,760 | 20 |
| 2022 | $175,250 | 14 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,868,104 | $9,023,950 | $7,243,909 |
| Revenue | $2,510,961 | $2,971,124 | $1,305,251 |
| Expenses | $622,009 | $1,001,007 | $244,108 |
| Qualifying Distributions | $555,185 | $967,760 | $175,250 |
| Net Investment Income | $487,299 | $703,399 | $51,210 |
| Distributable Amount | $501,103 | $395,987 | $319,209 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists William Spell as president/CEO, Dianne Spell as secretary, and Harry Spell II as director/CFO. Spell Capital identifies Bill Spell as its founder and president emeritus and Harry Spell as its president.
Spell Family Foundation co William Spell is led by William Spell, President & CEO since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
William Spell
President & CEO
President CEO → President & CEO, 2021
On filings since 2020
No compensation reported
Harry Spell II
Director & CFO
Director CFO → Director & CFO, 2021
On filings since 2020
No compensation reported
Dianne Spell
Secretary
On filings since 2020
No compensation reported
Former officers (2)
- Former: Angeline Spell (2020) — Secretary · Filing note: Through May 2020
- Former: Harry Spell (2020) — Chairman & CEO · Filing note: Through February 2020
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 7201 Metro Blvd Suite 850, Minneapolis, MN 55439
Phone: (612) 371-9650
Website: https://spellcapital.com
Frequently asked questions about Spell Family Foundation co William Spell
How much does Spell Family Foundation co William Spell give each year?
Spell Family Foundation co William Spell gave $548K across 23 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $968K across 20 grants.
What is Spell Family Foundation co William Spell's typical grant size?
Spell Family Foundation co William Spell's median grant in 2024 was $10,000, and its average grant was $23,805, across 23 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Spell Family Foundation co William Spell that year got $10K on average.
Where does Spell Family Foundation co William Spell give grants?
Spell Family Foundation co William Spell's top state is Minnesota, with 30% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Illinois (20%) and District of Columbia (18%). The most frequent recipient cities were New York, NY (6 grants), Minneapolis, MN (3 grants), Lombard, IL (2 grants) and Golden Valley, MN (2 grants).
Does Spell Family Foundation co William Spell give general operating support?
Yes: 87% of Spell Family Foundation co William Spell's 2024 grants with a stated purpose (20 of 23) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Spell Family Foundation co William Spell's largest grantees?
Spell Family Foundation co William Spell's largest 2024 grantees include The Hellenic Institute ($100,000), Greek Orthodox Metropolis of Chicago ($100,000) and St Marys Greek Orthodox Church ($61,833), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($100,000), which are not listed by name. Together they received 48% of its itemized 2024 grant dollars.
How large is Spell Family Foundation co William Spell?
Spell Family Foundation co William Spell reported $10.9M in total assets on its 2024 IRS Form 990-PF. It paid out $555K in qualifying distributions that year, against a required minimum of $501K (roughly 5% of its investment assets).
What does Spell Family Foundation co William Spell fund?
No mission statement is provided. The 2024 grants include general operating support for Greek Orthodox churches and institutions, and support for organizations in other fields. See mission & focus areas ↑
How do I apply for a grant from Spell Family Foundation co William Spell?
Spell Family Foundation co William Spell has no public application process in the sources Grantable reviewed. Check spellcapital.com for current guidelines, or contact the foundation directly before submitting a request.
What is Spell Family Foundation co William Spell's EIN?
Spell Family Foundation co William Spell's EIN (Employer Identification Number) is 41-1788155. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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