Springs Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLDENBURG, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it made $134K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+41.9% YoY
Revenue
$293K
-9.0% YoY
Qualifying Distributions
$134K
-16.7% YoY
Expenses
$170K
+5.4% YoY
About Springs Inc
Based on IRS filings
Springs Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLDENBURG, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it made $134K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,448,502 | $1,020,837 | $835,141 |
| Revenue | $292,914 | $321,782 | $246,266 |
| Expenses | $170,131 | $161,477 | $158,328 |
| Qualifying Distributions | $134,491 | $161,477 | $158,328 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard Towner | Director | 30 | — |
| Sibyl Towner | Director | 4 | — |
| John Kelley | Director | 2 | — |
| Joan Kelley | Director | 2 | — |
| Edward Holmes | Director | 2 | — |
| Linda Holmes | Director | 2 | — |
| Christopher Ehrhard | Director | 30 | — |
| Deborah Ehrhard | Director | 15 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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