Spring Lake Presbyterian Trustees Inc
Spring Lake Presbyterian Trustees Inc is a private foundation, based in Wall, NJ. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $126K. Net investment income was $616.
Key facts about Spring Lake Presbyterian Trustees Inc
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.
- EIN
- 22-6331948
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $125,625
- Grants made (2023)
- 3
- Average grant
- $41,875
- Median grant
- $45,625
- Primary geography
- New Jersey (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$126K
+402.5% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$42K
+402.5% YoY
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2023 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Andrews United Methodist Church Spring Lake, NJ | Program service support | $75,000 |
| Interfaith Neighbors Asbury Park, NJ | Program service support | $45,625 |
| Holy Trinity Church Spring Lake, NJ | Program service support | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $131,871 | $127,954 |
| Revenue | $2,733 | $33,008 | $6,976 |
| Expenses | $134,604 | $28,831 | $11,745 |
| Qualifying Distributions | $131,697 | $26,368 | — |
| Net Investment Income | $616 | $30,620 | $4,449 |
| Distributable Amount | $2,881 | $7,195 | $8,445 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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 2020); 1 of 4 officers listed in 2023 is compensated.
Officers on the 2023 filing
Walter Craig
President
Trustee → President, 2021
On filings since 2020
$150 (2020) → $0 (2023)
Cathy D Stevens
Secretary
Trustee → Secretary, 2021
On filings since 2020
$150 (2020) → $0 (2023)
Laura Stevens Kent
Vice President
Trustee → Vice President, 2021
On filings since 2020
$150 (2020) → $0 (2023)
Virginia Hundley
Secretary
On filings since 2020
$300 (2020) → $600 (2023)
Former officers (2)
- Former: Jane Haulenback (2020) — Trustee
- Former: William Bedle (2020) — Trustee
Data from IRS Form 990 filings, 2020–2023. "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
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 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Spring Lake Presbyterian Trustees Inc by hand.
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