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.
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
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 |
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 include Reach Prep ($121,000), Greater Fairfield County Foundation ($20,000), Ywca ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GREATER FAIRFIELD COUNTY FOUNDATION STAMFORD, CT | SCHOLARSHIP | $20,000 |
| DM CAMP OLD GREENWICH, CT | CAMP SPONSOR 2 CAMPERS | $900 |
| REACH PREP STAMFORD, CT | EDUCATIONAL | $121,000 |
| STRENGTHEN OUR STUDENTS BEACHWOOD, OH | EDUCATIONAL | $5,000 |
| YWCA GREENWICH, CT | DAS RESTRICTED FUNDS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Spidacares Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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