Spidacares Inc
Spidacares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Old Greenwich, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $405K in total assets. In 2024, it awarded 5 grants totaling $157K.
Key facts about Spidacares Inc
- EIN
- 83-3656831
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $156,900
- Grants made (2024)
- 5
- Average grant
- $31,380
- Median grant
- $10,000
- Total assets
- $405,289
- Primary geography
- Connecticut (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Spidacares Inc funds
By grant dollars, the top recipient states for Spidacares Inc's 5 itemized 2024 grants were Connecticut (97%). The most frequent recipient cities were Stamford, CT (2 grants). None of its 5 grants with a stated purpose were described as general or operating support.
How Spidacares Inc gives
- Giving grew 3038% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Spidacares Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$405K
+39.4% YoY
Annual Giving
$157K
+540.4% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$31K
+156.2% YoY
Under IRS private-foundation payout rules, Spidacares Inc reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Spidacares Inc
Based on IRS filings
Spidacares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Old Greenwich, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $405K in total assets. In 2024, it awarded 5 grants totaling $157K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $405,289 | $290,795 | $46,176 |
| Revenue | $270,900 | $498,015 | $58,510 |
| Expenses | $157,306 | $253,396 | $22,167 |
| Qualifying Distributions | $156,900 | $24,500 | $10,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $12,177 | $7,847 | $1,151 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Reach Prep ($121,000), Greater Fairfield County Foundation ($20,000), YWCA ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| REACH PREP Stamford, CT | EDUCATIONAL | $121,000 |
| GREATER FAIRFIELD COUNTY FOUNDATION Stamford, CT | SCHOLARSHIP | $20,000 |
| YWCA Greenwich, CT | DAS RESTRICTED FUNDS | $10,000 |
| STRENGTHEN OUR STUDENTS Beachwood, OH | EDUCATIONAL | $5,000 |
| DM CAMP Old Greenwich, CT | CAMP SPONSOR 2 CAMPERS | $900 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Donovan V Mitchell Jr | Treasurer/Di | — | — |
| Jordan Mitchell | Secretary/Di | — | — |
| Nicole Mitchell | President Di | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Spidacares Inc?
Spidacares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Old Greenwich, CT. It holds $405K in total assets as of 2024.
How large is Spidacares Inc?
As of 2024, Spidacares Inc holds $405K in total assets with $271K in annual revenue. It awarded 5 grants totaling $157K in 2024.
Where does Spidacares Inc operate?
Spidacares Inc has awarded grants in Connecticut, Ohio.
What size grants does Spidacares Inc award?
In 2024, Spidacares Inc awarded 5 grants totaling $157K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Spidacares Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Spidacares Inc reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spidacares Inc's EIN?
Spidacares Inc's EIN (Employer Identification Number) is 83-3656831. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.