The Mountain Spring Foundation
The Mountain Spring Foundation is a private foundation focused on Arts, Culture & Humanities, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.1M in total assets. In 2024, it awarded 12 grants totaling $250K.
Key facts about The Mountain Spring Foundation
- EIN
- 84-3936971
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $249,500
- Grants made (2024)
- 12
- Average grant
- $20,792
- Median grant
- $20,000
- Total assets
- $9,144,941
- Primary geography
- Utah (80% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Mountain Spring Foundation funds
By grant dollars, the top recipient states for The Mountain Spring Foundation's 12 itemized 2024 grants were Utah (80%) and District of Columbia (20%). The most frequent recipient cities were Salt Lake Cty, UT (3 grants) and Washington, DC (2 grants). 100% of grants with a stated purpose were for general or operating support.
How The Mountain Spring Foundation gives
- 50% of 2024 grantees were also funded in 2023. Method
- Giving grew 860% from 2021 to 2024. Method
- In 2024 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Mountain Spring Foundation
- How to evaluate The Mountain Spring Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to The Mountain Spring Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.1M
+65.7% YoY
Annual Giving
$250K
+31.1% YoY
Grant Count
12
+71.4% YoY
Avg Grant Size
$21K
-23.5% YoY
Under IRS private-foundation payout rules, The Mountain Spring Foundation reported a distributable amount of $363K for 2024 — the minimum it must pay out in qualifying distributions.
About The Mountain Spring Foundation
Based on IRS filings
The Mountain Spring Foundation is a private foundation focused on Arts, Culture & Humanities, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.1M in total assets. In 2024, it awarded 12 grants totaling $250K.
Focus Areas
Ready to take the next step with The Mountain Spring Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,144,941 | $5,519,213 | $4,893,832 |
| Revenue | $4,065,101 | $979,762 | $1,265,150 |
| Expenses | $439,373 | $364,381 | $199,140 |
| Qualifying Distributions | $304,246 | $237,249 | $97,683 |
| Net Investment Income | — | — | — |
| Distributable Amount | $362,710 | $302,900 | $233,348 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Wasatch Adaptive Sports Inc ($40,000), Maliheh Free Clinic ($35,000), Huntsman Mental Health Foundation ($32,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WASATCH ADAPTIVE SPORTS INC Snowbird, UT | General & Unrestricted | $40,000 |
| MALIHEH FREE CLINIC Millcreek, UT | General & Unrestricted | $35,000 |
| HUNTSMAN MENTAL HEALTH FOUNDATION Salt Lake Cty, UT | General & Unrestricted | $32,000 |
| GENERATION DATA EDUCATION FUND Washington, DC | General & Unrestricted | $30,000 |
| POLICY PROJECT Salt Lake Cty, UT | General & Unrestricted | $25,000 |
| CHANCE ACADEMY Washington, DC | General & Unrestricted | $20,000 |
| HALE CENTRE THEATRE Sandy, UT | General & Unrestricted | $20,000 |
| BEST FRIENDS ANIMAL SOCIETY Kanab, UT | General & Unrestricted | $15,000 |
| HUMANE SOCIETY OF UTAH Murray, UT | General & Unrestricted | $15,000 |
| STAR LIT BLADES SYNCHRONIZED SKATING Cottonwd HTS, UT | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Saba Eslami Leistner | Dir | 1 | — |
| Steven Alex Leistner | Dir, Pres, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mountain Spring Foundation?
The Mountain Spring Foundation is a private foundation focused on Arts, Culture & Humanities, based in Wilmington, DE. It holds $9.1M in total assets as of 2024.
How large is The Mountain Spring Foundation?
As of 2024, The Mountain Spring Foundation holds $9.1M in total assets with $4.1M in annual revenue. It awarded 12 grants totaling $250K in 2024.
Where does The Mountain Spring Foundation operate?
The Mountain Spring Foundation has awarded grants in District of Columbia, New York, Tennessee, Utah.
What size grants does The Mountain Spring Foundation award?
In 2024, The Mountain Spring Foundation awarded 12 grants totaling $250K — an average of about $21K per grant, based on its IRS Form 990 filings.
How much is The Mountain Spring Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mountain Spring Foundation reported a distributable amount of $363K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mountain Spring Foundation's EIN?
The Mountain Spring Foundation's EIN (Employer Identification Number) is 84-3936971. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mountain Spring Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
American Express Foundation
New York, NY
Assets
$48.9M
Grants
1,495
Total Given
$23.2M
Texas Instruments Foundation
Dallas, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
The Community Foundation of Utah
Salt Lake City, UT
Assets
$190.4M
Grants
299
Total Given
$60.0M
Larry H Miller and Gail Miller Family Foundation
Sandy, UT
Assets
$773.9M
Grants
324
Total Given
$33.2M
George S and Dolores Dore
Salt Lake City, UT
Assets
$966.8M
Grants
400
Total Given
$27.0M
American Electric Power Foundation
Wilmington, DE
Assets
$65.2M
Grants
752
Total Given
$22.6M
Puget Sound Energy Foundation
Wilmington, DE
Assets
$19.6M
Grants
451
Total Given
$1.2M
First Eagle Investments Foundation
Wilmington, DE
Assets
—
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
—
Grants
330
Total Given
$192K
McNabb Foundation
Wilmington, DE
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
Wilmington, DE
Assets
$208.0M
Grants
325
Total Given
$6.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Delaware
Data last updated September 2026. Sourced from IRS Form 990-PF filings.