Spout Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FERNANDINA BEACH, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $164K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+11.7% YoY
Annual Giving
$5K
-90.0% YoY
Grant Count
1
-88.9% YoY
Avg Grant Size
$5K
-10.0% YoY
Under IRS private-foundation payout rules, Spout Foundation Inc reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
About Spout Foundation Inc
Based on IRS filings
Spout Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FERNANDINA BEACH, FL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $164K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,486,631 | $1,330,485 | $1,259,483 |
| Revenue | $171,720 | $131,377 | $91,656 |
| Expenses | $15,574 | $60,375 | $53,310 |
| Qualifying Distributions | $7,404 | $52,097 | $43,235 |
| Net Investment Income | $163,550 | $123,099 | $81,581 |
| Distributable Amount | $81,146 | $76,728 | $79,099 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ramapo for Children ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RAMAPO FOR CHILDREN HAMDEN, NY | SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN C PITTENGER | PRESIDENT/TREASURER | 1 | — |
| SUSAN E PITTENGER | VICE PRESIDENT/SECRETARY | — | — |
| GREGG MCCARTY WANG | VICE PRESIDENT/SECRETARY | — | — |
| EMILY PITTENGER | VICE PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Spout Foundation Inc?
Spout Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FERNANDINA BEACH, FL. It holds $1.5M in total assets as of 2024.
How large is Spout Foundation Inc?
As of 2024, Spout Foundation Inc holds $1.5M in total assets with $172K in annual revenue. It awarded 1 grants totaling $5K in 2024.
Where does Spout Foundation Inc operate?
Spout Foundation Inc has awarded grants in Connecticut, Kansas, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Vermont.
What size grants does Spout Foundation Inc award?
In 2024, Spout Foundation Inc awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Spout Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Spout Foundation Inc reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spout Foundation Inc's EIN?
Spout Foundation Inc's EIN (Employer Identification Number) is 27-4279413. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Spout Foundation 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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