Springhouse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.8M in total assets. In 2024, it awarded 15 grants totaling $266K. Net investment income was $452K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.8M
+4.6% YoY
Annual Giving
$266K
+10.7% YoY
Grant Count
15
+25.0% YoY
Avg Grant Size
$18K
-11.5% YoY
Under IRS private-foundation payout rules, Springhouse Foundation reported a distributable amount of $466K for 2024 — the minimum it must pay out in qualifying distributions.
About Springhouse Foundation
Based on IRS filings
Springhouse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.8M in total assets. In 2024, it awarded 15 grants totaling $266K. Net investment income was $452K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,786,619 | $5,530,939 | $5,110,548 |
| Revenue | $469,242 | $239,126 | $199,148 |
| Expenses | $286,999 | $257,592 | $297,651 |
| Qualifying Distributions | $266,953 | $241,293 | $470,546 |
| Net Investment Income | $451,896 | $222,827 | $181,299 |
| Distributable Amount | $465,687 | $246,477 | $258,525 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Andrew's Episcopal School ($36,500), Explore Austin ($35,000), Junior League of Austin ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DELL CHILDREN'S MEDICAL CENTER FOUNDATION AUSTIN, TX | GENERAL OPERATIONS | $3,650 |
| EXPLORE AUSTIN AUSTIN, TX | GENERAL OPERATIONS | $35,000 |
| FRIENDS OF THE CHILDREN AUSTIN AUSTIN, TX | GENERAL OPERATIONS | $15,000 |
| HELPING HAND HOME FOR CHILDREN AUSTIN, TX | GENERAL OPERATIONS | $10,000 |
| JUNIOR LEAGUE OF AUSTIN AUSTIN, TX | GENERAL OPERATIONS | $30,000 |
| KIPP TEXAS FUNDRAISING AUSTIN DALLAS, TX | GENERAL OPERATIONS | $25,000 |
| MOBILE LOAVES & FISHES AUSTIN, TX | GENERAL OPERATIONS | $25,000 |
| ST ANDREW'S EPISCOPAL SCHOOL AUSTIN, TX | GENERAL OPERATIONS | $36,500 |
| TEXAS BOOK FESTIVAL AUSTIN, TX | GENERAL OPERATIONS | $25,000 |
| TRAIL CONSERVANCY AUSTIN, TX | GENERAL OPERATIONS | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL W HERD | DIRECTOR | 1 | — |
| PAULA T HERD | DIRECTOR | 1 | — |
| JASON D HERD | DIRECTOR | 1 | — |
| VALERIE H PARKER | DIRECTOR | 1 | — |
| ANNA B HERD | DIRECTOR | 1 | — |
| JAMES CHICO PARKER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Springhouse Foundation?
Springhouse Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $5.8M in total assets as of 2024.
How large is Springhouse Foundation?
As of 2024, Springhouse Foundation holds $5.8M in total assets with $469K in annual revenue. It awarded 15 grants totaling $266K in 2024.
Where does Springhouse Foundation operate?
Springhouse Foundation has awarded grants in Colorado, New York, Texas.
What size grants does Springhouse Foundation award?
In 2024, Springhouse Foundation awarded 15 grants totaling $266K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Springhouse Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Springhouse Foundation reported a distributable amount of $466K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Springhouse Foundation's EIN?
Springhouse Foundation's EIN (Employer Identification Number) is 83-2459749. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Springhouse Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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