Spencer Education Foundation
Spencer Education Foundation is an educational grantmaking organization that provides scholarships and supports education initiatives. The foundation focuses on advancing educational opportunities and recognizing student achievement.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+0.0% YoY
Annual Giving
$129K
-7.5% YoY
Grant Count
74
+0.0% YoY
Avg Grant Size
$2K
-7.5% YoY
Mission & Focus Areas
The foundation is committed to investing in the future through educational support. Primary focus areas include:
- Scholarship awards for students
- Risk management and insurance education
- Educational initiatives and student recognition
Grantmaking
Spencer Education Foundation awards scholarships and grants to support educational pursuits. Recent activity demonstrates significant growth in grantmaking:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,917,593 | $2,917,095 | $3,022,444 |
| Revenue | $170,919 | $59,543 | $17,315 |
| Expenses | $173,285 | $179,484 | $192,564 |
| Qualifying Distributions | $146,067 | $159,071 | $165,416 |
| Net Investment Income | $144,036 | $55,390 | $48,191 |
| Distributable Amount | $169,432 | $159,335 | $159,353 |
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 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK N A | TRUSTEE | 9 | $42,068 |
Recent News & Activity
Recent developments and announcements
**2025**: Spencer Educational Foundation announced five scholarship recipients for the 2025-2026 academic year and set new milestones with 2025 scholarship awards
Announcing Five Scholarship Recipients for 2025-2026 Academic Year! \u2013\**2024**: The foundation awarded a record-breaking number of scholarships, demonstrating significant growth in its grantmaking capacity
Investing in the Future: Spencer Educational Foundation Awards Record-Breaking\**2023**: Awarded over $1.6 million specifically for risk management and insurance education programs
The Spencer Educational Foundation Awards over $1.6 Million for Risk Management\Related Funders
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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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