Spring Lake Presbyterian Trustees Inc

Private foundation · Grantmaker Wall, NJ EIN: 22-6331948

Spring Lake Presbyterian Trustees Inc is a private foundation, based in Wall, NJ. IRS filing data is available from 2019 through 2023. In 2023, it awarded 3 grants totaling $126K. Net investment income was $616.

Spring Lake Presbyterian Trustees Inc at a glance

In short: Spring Lake Presbyterian Trustees Inc gave $126K across 3 grants in 2023 (avg $42K), mostly in New Jersey. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$125,625
+402.5% vs 2022
Grants made (2023)
3
+0.0% vs 2022
Average grant
$41,875
+402.5% vs 2022
Median grant
$45,625
Primary geography
New Jersey (100% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Spring Lake Presbyterian Trustees Inc funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

St Andrews United Methodist Church: $75KSt Andrews United MethodistChurch$75KInterfaith Neighbors: $46KInterfaith Neighbors$46KHoly Trinity Church: $5KHoly Trinity Church$5K

The largest 2023 recipient was St Andrews United Methodist Church ($75K). Together the top 3 received $126K.

Grant Size Distribution

12 grants across all recorded years

11<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 12 (92%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2023 grant dollars across all 3 itemized grants.

States

Cities

Spring LakeAsbury Park

How Spring Lake Presbyterian Trustees Inc gives

  • Giving grew 1156% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2019 2 grants2020 2 grants2021 3 grants2022 3 grants2023

From 2019 to 2023, annual grant giving ranged from $8K (2021) to $126K (2023). In 2023 it made 3 grants totaling $126K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Andrews United Methodist Church Spring Lake, NJProgram service support$75,000
Interfaith Neighbors Asbury Park, NJProgram service support$45,625
Holy Trinity Church Spring Lake, NJProgram service support$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$2,733$134,604$125,6253$131,697$616$2,881
2022$131,871$33,008$28,831$25,0003$26,368$30,620$7,195
2021$127,954$6,976$11,745$8,0002—$4,449$8,445
2020$132,728$-320$14,543$10,0002—$129$7,567
2019$147,562$7,869$17,061$13,0002—$4,883$7,922

Under IRS private-foundation payout rules, Spring Lake Presbyterian Trustees Inc reported a distributable amount of $3K for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Spring Lake Presbyterian Trustees Inc is led by Walter Craig, President since 2021 (on filings since 2019); 1 of 4 officers listed in 2023 is compensated.

Officers on the 2023 filing

  • Walter Craig

    President

    Trustee → President, 2021

    On filings since 2019

    $150 (2019) → $0 (2023)

  • Cathy D Stevens

    Secretary

    Trustee → Secretary, 2021

    On filings since 2019

    $150 (2019) → $0 (2023)

  • Laura Stevens Kent

    Vice President

    Trustee → Vice President, 2021

    On filings since 2019

    $150 (2020) → $0 (2023)

  • Virginia Hundley

    Secretary

    On filings since 2019

    $300 (2019) → $600 (2023)

Former officers (2)
  • Former: Jane Haulenback (2019–2020) — Trustee
  • Former: William Bedle (2019–2020) — Trustee

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Virginia Hundley — Secretary: $600Virginia HundleySecretary$600

The highest reported compensation on the 2023 filing was $600, to Virginia Hundley (Secretary).

Frequently asked questions about Spring Lake Presbyterian Trustees Inc

How much does Spring Lake Presbyterian Trustees Inc give each year?

Spring Lake Presbyterian Trustees Inc gave $126K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $25K across 3 grants.

What is Spring Lake Presbyterian Trustees Inc's typical grant size?

Spring Lake Presbyterian Trustees Inc's median grant in 2023 was $45,625, and its average grant was $41,875, across 3 grants on its 2023 IRS Form 990-PF.

Where does Spring Lake Presbyterian Trustees Inc give grants?

Spring Lake Presbyterian Trustees Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Spring Lake, NJ (2 grants).

Does Spring Lake Presbyterian Trustees Inc give general operating support?

Not in 2023: none of the 3 grants with a stated purpose on Spring Lake Presbyterian Trustees Inc's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program service support" (3 grants).

How much is Spring Lake Presbyterian Trustees Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Spring Lake Presbyterian Trustees Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Spring Lake Presbyterian Trustees Inc's EIN?

Spring Lake Presbyterian Trustees Inc's EIN (Employer Identification Number) is 22-6331948. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS January 21, 2020)
  2. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Spring Lake Presbyterian Trustees 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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