Springhouse Foundation Inc

ASHFIELD, MA EIN: 32-0622641

Springhouse Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHFIELD, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $153K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$153K

-0.9% YoY

Annual Giving

$2K

Grant Count

1

Avg Grant Size

$2K

Under IRS private-foundation payout rules, Springhouse Foundation Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Springhouse Foundation Inc

Based on IRS filings

Springhouse Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHFIELD, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $153K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Springfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$45K$68K$91K201920202021202220232024
Metric202420232022
Total Assets$153,354$154,723$113,204
Revenue$2,477$43,319$82,346
Expenses$3,846$1,800$1,536
Qualifying Distributions$3,825$1,795$1,535
Net Investment Income$2,456$1,544$366
Distributable Amount$9,571$6,304$1,980

Giving Over Time

Total grant dollars and number of grants per year

$0$500$1K$2K$2K0 grants20190 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Make-It Springfield$2K

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Make-It Springfield ($2,000).

RecipientPurposeAmount
Make-It Springfield Springfield, MAContribution to General Fund.$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Sally SassoPresident & CEO
Sally SassoSecretary
Sally SassoTreasurer

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Springhouse Foundation Inc?

Springhouse Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHFIELD, MA. It holds $153K in total assets as of 2024.

How large is Springhouse Foundation Inc?

As of 2024, Springhouse Foundation Inc holds $153K in total assets with $2K in annual revenue. It awarded 1 grants totaling $2K in 2024.

Where does Springhouse Foundation Inc operate?

Springhouse Foundation Inc has awarded grants in Massachusetts.

What size grants does Springhouse Foundation Inc award?

In 2024, Springhouse Foundation Inc awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Springhouse Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Springhouse Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Springhouse Foundation Inc's EIN?

Springhouse Foundation Inc's EIN (Employer Identification Number) is 32-0622641. IRS Form 990 filing data is available on this page for 2019–2024.

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

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