Spring Fountain Inc
Spring Fountain Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $218K in total assets. In 2024, it awarded 1 grants totaling $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$218K
-5.6% YoY
Annual Giving
$12K
+50.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$12K
+50.0% YoY
Under IRS private-foundation payout rules, Spring Fountain Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About Spring Fountain Inc
Based on IRS filings
Spring Fountain Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $218K in total assets. In 2024, it awarded 1 grants totaling $12K.
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 | $218,450 | $231,425 | $190,225 |
| Revenue | — | $50,000 | — |
| Expenses | $12,975 | $8,800 | $10,650 |
| Qualifying Distributions | $12,975 | $8,800 | $10,600 |
| Net Investment Income | — | — | — |
| Distributable Amount | $11,061 | $10,366 | $9,614 |
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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cong Yetev Lev D'Satmar ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Cong Yetev Lev D'Satmar Brooklyn, NY | Religious | $12,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mendel Brecher | Director | 1 | — |
| Ernest Schlesinger | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Spring Fountain Inc?
Spring Fountain Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. It holds $218K in total assets as of 2024.
How large is Spring Fountain Inc?
As of 2024, Spring Fountain Inc holds $218K in total assets. It awarded 1 grants totaling $12K in 2024.
Where does Spring Fountain Inc operate?
Spring Fountain Inc has awarded grants in New York.
What size grants does Spring Fountain Inc award?
In 2024, Spring Fountain Inc awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Spring Fountain Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Spring Fountain Inc reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spring Fountain Inc's EIN?
Spring Fountain Inc's EIN (Employer Identification Number) is 81-0887416. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Spring Fountain 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.