The Mountain Spring Foundation

WILMINGTON, DE EIN: 84-3936971

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.

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.

Ready to take the next step with The Mountain Spring Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BaltimoreCottonwd HtsDraperKanabLehiMemphisMillcreekMurrayNew YorkProvoSalt Lake CitySalt Lake CtySandySnowbirdWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$62K$125K$187K$250K2 grants20203 grants20214 grants20227 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WASATCH ADAPTIVE SPORTS …$40KMALIHEH FREE CLINIC$35KHUNTSMAN MENTAL HEALTH F…$32KGENERATION DATA EDUCATIO…$30KPOLICY PROJECT$25KCHANCE ACADEMY$20KHALE CENTRE THEATRE$20KBEST FRIENDS ANIMAL SOCI…$15KHUMANE SOCIETY OF UTAH$15KSTAR LIT BLADES SYNCHRON…$10K

Grant Size Distribution

28 grants across all recorded years

27<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wasatch Adaptive Sports Inc ($40,000), Maliheh Free Clinic ($35,000), Huntsman Mental Health Foundation ($32,000).

RecipientPurposeAmount
BEST FRIENDS ANIMAL SOCIETY KANAB, UTGeneral & Unrestricted$15,000
CHANCE ACADEMY WASHINGTON, DCGeneral & Unrestricted$20,000
GENERATION DATA EDUCATION FUND WASHINGTON, DCGeneral & Unrestricted$30,000
HALE CENTRE THEATRE SANDY, UTGeneral & Unrestricted$20,000
HUMANE SOCIETY OF UTAH MURRAY, UTGeneral & Unrestricted$15,000
HUNTSMAN MENTAL HEALTH FOUNDATION SALT LAKE CTY, UTGeneral & Unrestricted$32,000
MALIHEH FREE CLINIC MILLCREEK, UTGeneral & Unrestricted$35,000
NAYER AND JAVED HONARVAR MEMORIAL FOUNDATION SALT LAKE CTY, UTGeneral & Unrestricted$2,500
POLICY PROJECT SALT LAKE CTY, UTGeneral & Unrestricted$25,000
SHARE-PARENTS OF UTAH DRAPER, UTGeneral & Unrestricted$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Saba Eslami LeistnerDir1
Steven Alex LeistnerDir, Pres, Sec, Treas1

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with The Mountain Spring Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching The Mountain Spring Foundation to a real strategy.

Plan your approach