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
Among its reported 2025 grants, the largest include Metrowest Legal Services ($110,000), Hudson Coa ($30,992), Greater Boston Chinese ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ENHANCE ASIAN COMMUNITY ON HEALTH INC BOSTON, MA | EDUCATION - CHRONIC DISEASE SELF MANAGEMENT PROGRAM | $6,000 |
| GOOD SHEPARD COMMUNITY CARE NEWTON HIGHLANDS, MA | SHORT TERM OVERNIGHT STAY | $14,760 |
| GREATER BOSTON CHINESE BOSTON, MA | THE PROGRAM AIMS TO ENABLE A NON-ENGLISH SPEAKING ELDERLY POPULATION TO INCREASE THEIR ACCESS TO ESSENTIAL SERVICES, MAINTAIN THEIR FINANCIAL AND HEALTH STATUS SO THEY CAN CONTINUE TO LIVE INDEPENDENTLY AT HOME IN THE COMMUNITY. | $15,000 |
| GREATER BOSTON CHINESE BOSTON, MA | EDUCATION - CHRONIC DISEASE SELF MANAGEMENT PROGRAM | $8,326 |
| HEALTHY WALTHAM WALTHAM, MA | OTHER SERVICES- COMPUTER EDUCATION | $8,500 |
| HEALTHY WALTHAM WALTHAM, MA | OUTREACH AND INFORMATION & ASSISTANCE | $15,000 |
| HUDSON COA HUDSON, MA | SOCIAL DAY HEALTH MFCSP | $30,992 |
| METROWEST LEGAL SERVICES FRAMINGHAM, MA | LEGAL SERVICES | $110,000 |
| METROWEST YMCA FRAMINGHAM, MA | EDUCATION - DIABETES SELF MANAGEMENT PROGRAM | $12,500 |
| NATICK COA NATICK, MA | TRANSPORTATION | $8,910 |
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
Frequently Asked Questions
What is Springwell Inc?
Springwell Inc is a nonprofit organization focused on Human Services, based in WALTHAM, MA. It holds $43.7M in total assets as of 2025.
How large is Springwell Inc?
As of 2025, Springwell Inc holds $43.7M in total assets with $119.5M in annual revenue. It awarded 12 grants totaling $260K in 2025.
Where does Springwell Inc operate?
Springwell Inc has awarded grants in Massachusetts.
What size grants does Springwell Inc award?
In 2025, Springwell Inc awarded 12 grants totaling $260K — an average of about $22K per grant, based on its IRS Form 990 filings.
What is Springwell Inc's EIN?
Springwell Inc's EIN (Employer Identification Number) is 04-2616064. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Springwell Inc'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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