SPM Foundation Inc
SPM Foundation Inc is a private foundation based in Winston-Salem, North Carolina. Its 2024 filing reports 155 grants totaling $936,000, with listed grant purposes generally described as support services.
SPM Foundation Inc at a glance
In short: SPM Foundation Inc gave $936K across 155 grants in 2024 (avg $6K), top state Indiana. 17% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $936,000
- -7.5% vs 2023
- Grants made (2024)
- 155
- +0.6% vs 2023
- Average grant
- $6,039
- -8.1% vs 2023
- Median grant
- $2,500
- Total assets
- $11,123,251
- +1.4% vs 2023
- New grantees (estimate)
- 17% first-time grantees (27 of 155, 2024)
- Primary geography
- Indiana (28% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to SPM Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 120 Club Oaks Court 200, Winstonsalem, NC 27104
Phone: (336) 765-2020
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who SPM Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Makiah's Hope Foundation ($118K). Together the top 10 received $414K.
Grant Size Distribution
722 grants across all recorded years
The most common grant size was under $50K: 711 grants of 722 (98%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in Indiana (28%), Missouri (17%), Maryland (16%), Florida (9%), and the District of Columbia (8%). Other listed recipients were in states including Illinois and North Carolina.
Grant Distribution by State
Share of 2024 grant dollars across all 155 itemized grants.
States
Cities
Is SPM Foundation Inc open to new grantees?
17%
first-time grantees, 2024
In 2024, 27 of 155 grantees (17%) were first-time recipients. First grants averaged $4K; repeat grants $6K. How we count
Medians: $2K first-time, $3K repeat.
- 79% of 2024 grantees were also funded in 2023. Method
- Giving fell 25% from 2021 to 2024. Method
- In 2024 it paid out 173% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $936K (2024) to $1.2M (2021). In 2024 it made 155 grants totaling $936K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Makiah's Hope Foundation St. Louis, MO | Support Services | $118,000 |
| Lifeline Connect Urbana, IL | Support Services | $50,000 |
| Riley Children's Foundation Indianapolis, IN | Support Services | $50,000 |
| My 180 Youth Program St. Louis, MO | Suport Services | $40,000 |
| Ambassador Christian School Huntersville, NC | Support Services | $30,000 |
| St Ann's Center for Children Hyattsville, MD | Support Services | $29,000 |
| Indian River Habitat for Humanity Vero Beach, FL | Support Services | $26,000 |
| United Against Poverty Vero Beach, FL | Support Services | $25,000 |
| Living Faith International | Support Services | $25,000 |
| Catholic Charities Washington, DC | Support Services | $20,500 |
Ready to take the next step with SPM Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,123,251 | $1,622,990 | $1,189,003 | $936,000 | 155 | $936,000 | $869,987 | $542,496 |
| 2023 | $10,971,639 | $1,347,701 | $1,176,894 | $1,012,300 | 154 | $1,012,300 | $183,107 | $531,952 |
| 2022 | $10,125,864 | $-240,215 | $1,253,250 | $998,000 | 137 | $998,000 | — | $494,012 |
| 2021 | $11,954,945 | $1,904,322 | $1,498,003 | $1,247,000 | 140 | $1,247,000 | $1,358,191 | $507,675 |
| 2020 | $11,472,562 | $1,123,672 | $1,254,689 | $986,500 | 136 | — | $855,483 | $491,611 |
Under IRS private-foundation payout rules, SPM Foundation Inc reported a distributable amount of $542K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for organizations working in youth development, education, poverty alleviation, family services, health, and the arts. These examples describe the grantees’ work, not a stated mission or formal focus areas of the foundation. For example, MY 180 Youth Program says it empowers young people ages 10 to 18 through mentoring and planning; Ambassador Christian School says it supports students’ development in an environment that values individual strengths and faith; and United Against Poverty says it works to help families and individuals achieve sustainable economic self-sufficiency.
Grantmaking
In 2024, the foundation reported 155 grants totaling $936,000. Awards ranged from $500 to $118,000, with a median grant of $2,500. Among the largest reported grants were $118,000 to Makiah’s Hope Foundation, $50,000 each to Lifeline Connect and Riley Children’s Foundation, $40,000 to MY 180 Youth Program, and $30,000 to Ambassador Christian School. The stated purpose for these grants was support services.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Douglas Pulliam McDaniel as president, Jamie Sue Schulte as vice president, and Margaret Ann Goldsmith as treasurer.
SPM Foundation Inc is led by Douglas Pulliam McDaniel, President since 2024 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Douglas Pulliam McDaniel
President
Secretary → President, 2024
On filings since 2020
No compensation reported
Jamie Sue Schulte
Vice President
On filings since 2020
No compensation reported
Margaret Ann Goldsmith
Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Suzanne P. Murphy (2020–2023) — President
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.
Frequently asked questions about SPM Foundation Inc
How much does SPM Foundation Inc give each year?
SPM Foundation Inc gave $936K across 155 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 154 grants.
What is SPM Foundation Inc's typical grant size?
SPM Foundation Inc's median grant in 2024 was $2,500, and its average grant was $6,039, across 155 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from SPM Foundation Inc that year got $4K on average.
Where does SPM Foundation Inc give grants?
SPM Foundation Inc's top state is Indiana, with 28% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Missouri (17%) and Maryland (16%). The most frequent recipient cities were Washington, DC (21 grants), Indianapolis, IN (19 grants), Bethesda, MD (13 grants) and Rockville, MD (12 grants).
Does SPM Foundation Inc give general operating support?
Not in 2024: none of the 155 grants with a stated purpose on SPM Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support Services" (154 grants).
Who are SPM Foundation Inc's largest grantees?
SPM Foundation Inc's largest 2024 grantees include Makiah's Hope Foundation ($118,000), Lifeline Connect ($50,000) and Riley Children's Foundation ($50,000), according to its 2024 IRS Form 990-PF. Together they received 23% of its itemized 2024 grant dollars.
How large is SPM Foundation Inc?
SPM Foundation Inc reported $11.1M in total assets on its 2024 IRS Form 990-PF. It paid out $936K in qualifying distributions that year, against a required minimum of $542K (roughly 5% of its investment assets).
What does SPM Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants include support for organizations working in youth development, education, poverty alleviation, family services, health, and the arts. See mission & focus areas ↑
How do I apply for a grant from SPM Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is SPM Foundation Inc's EIN?
SPM Foundation Inc's EIN (Employer Identification Number) is 52-2038980. IRS Form 990 filing data is available on this page for 2020–2024.
Does SPM Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). SPM Foundation Inc funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/spm-foundation-inc-morg_79ff9d068a8e4c2b88854bd5a95c2540
BibTeX
@misc{grantable_522038980_2026,
author = {{Grantable}},
title = {{SPM Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/spm-foundation-inc-morg_79ff9d068a8e4c2b88854bd5a95c2540},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from SPM Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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