Spring Lake Presbyterian Trustees Inc

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 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

1state

Share of all 3 itemized 2023 grant dollars.

States

Cities

Spring LakeAsbury Park

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants20202 grants20213 grants20223 grants2023

Grant Insights

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

Grant Size Distribution

10 grants across all recorded years

9<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

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

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020202120222023
Metric202320222021
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

  1. 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

Virginia Hundley — Secretary: $600Virginia HundleySecretary$600

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.

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