SEE SCHEDULE O
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$43.7M
-9.8% YoY
Annual Giving
$260K
+0.0% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$22K
+0.0% YoY
About Springwell Inc
Based on IRS filings
Springwell Inc is a nonprofit organization focused on Human Services, based in WALTHAM, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $43.7M in total assets. In 2025, it awarded 12 grants totaling $260K. Net investment income was $891K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $43,740,559 | $48,500,100 | $43,286,662 |
| Revenue | $119,463,998 | $109,385,134 | $98,073,652 |
| Expenses | $116,574,438 | $104,487,186 | $94,603,557 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $890,876 | $817,961 | $317,882 |
| 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 10 recipients in 2025
Grant Size Distribution
51 grants across all recorded years
Open Grants
1 open opportunity from Springwell Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARRIET MERKOWITZ | PRESIDENT | 1 | — |
| JEFFREY LELAND | VICE PRESIDENT | 1 | — |
| JOE BISOL | TREASURER | 1 | — |
| EILEEN HSU-BALZER | CLERK | 1 | — |
| LAURA SHAW | DIRECTOR | 1 | — |
| NAOMI KRASNER | DIRECTOR | 1 | — |
| WAYNE JOHNSON | DIRECTOR | 1 | — |
| STEVEN ZAFRON | DIRECTOR | 1 | — |
| ANN COSGROVE | DIRECTOR | 1 | — |
| JUDITH CHASIN | DIRECTOR | 1 | — |
| JANE SHAPIRO | DIRECTOR | 1 | — |
| LARRY GRIFFIN | DIRECTOR | 1 | — |
| ROSEMARY BALADY | DIRECTOR | 1 | — |
| JOEL BAUMAN | DIRECTOR | 1 | — |
| DOUGLAS PECK | DIRECTOR | 1 | — |
| DEBRA SHAW | DIRECTOR | 1 | — |
| SALLY TIPTON | DIRECTOR (UNTIL 7/2024) | 1 | — |
| GERALD O'KEEFE | DIRECTOR (UNTIL 11/2024) | 1 | — |
| PATRICIA SCHEFFLER | CEO | 38 | $203,816 |
| KARA DONELLON | CFO | 38 | $169,540 |
| KRISTEN LETOURNEAU-LUCE | COO | 38 | $129,417 |
| LAURA OBERLANDER | CHIEF PROGRAM DEVELOPMENT OFFICER | 38 | $107,223 |
| SARAH HUBBARD | CHRO | 38 | $111,521 |
| BETH SCHULTZ | CHIEF COMMUNITY ENGAGEMENT OFFICER | 30 | $110,123 |
| ARTHUR AVAKIAN | DIRECTOR OF IT | 38 | $123,952 |
| ANDREW MOORADIAN | IT SYSTEMS MANAGER | 38 | $114,043 |
| JENNIFER DARBY | ASSOC DIR OF COMMUNITY SERVICES | 38 | $100,901 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Springwell Inc on Grantable?
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