The Mustard Seed Foundation Inc

SALISBURY, MD EIN: 52-1492276 Website

The Mustard Seed Foundation Inc is a private foundation based in Salisbury, Maryland. Established in September 1987, it operates as a 501(c)(3) tax-exempt organization. The foundation's sole activity is making grants to other charities; it has no direct charitable activities of its own.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.9M

+3.0% YoY

Annual Giving

$269K

+15.2% YoY

Grant Count

+6.3% YoY

Avg Grant Size

$8K

+8.4% YoY

Under IRS private-foundation payout rules, The Mustard Seed Foundation Inc reported a distributable amount of $281K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation focuses its grantmaking on:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services

Grantmaking

The foundation made additional grants beyond those listed above in 2024, with a total of 15 grants distributed that year.

Ready to take the next step with The Mustard Seed Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

Maryland
Colorado
California

Grant Distribution by State

Maryland $713K (66%)

Colorado $186K (17%)

Virginia $66K (6%)

Florida $30K (3%)

Arizona $20K (2%)

Georgia $20K (2%)

Illinois $16K (1%)

California $13K (1%)

+7 more states

States

Arizona California Colorado Delaware Florida Georgia Illinois Indiana Kentucky Maryland Missouri North Carolina South Carolina Tennessee Virginia

Cities

AlexandriaApexArcadiaAtlantaBooneBurbankCamarilloCambridgeColorado SpringsColumbiaCreteDelmarEastonFishersFrederickFresnoFruitlandHebronKansas CityMarion

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

Total Assets: $4,895,658
Total Revenue: $470,355
Total Expenses: $327,533
Net Income: $142,822
Total Liabilities: $2,310

As of Fiscal Year 2022:

Total Assets: $5.2 million
Distributions: $233,000

The foundation's revenue is primarily generated through investment income and interest, with no reported contributions received in recent filings.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,895,658	$4,752,034	$456,403
Revenue	$470,355	$4,566,609	$231,696
Expenses	$327,533	$271,638	$233,839
Qualifying Distributions	$268,870	$233,375	$216,520
Net Investment Income	$166,262	$109,279	$20,358
Distributable Amount	$281,030	$197,508	$35,210

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

161 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Salisbury Christian School ($45,000), Seaside Christian Academy ($36,000), The River ($18,900).

Recipient	Purpose	Amount
THE RIVER DELMAR, MD	RELIGIOUS	$18,900
ADULT & TEEN CHALLENGE DELMARVA SEAFORD, DE	COMMUNITY	$2,920
ASIA CONNECT FRESNO, CA	CHARITABLE	$5,400
BIBLE LEAGUE INTERNATIONAL CRETE, IL	RELIGIOUS	$500
BREAD MINISTRIES ARCADIA, FL	CHARITABLE	$1,440
CAMPUS CRUSADE FOR CHRIST ORLANDO, FL	RELIGIOUS	$5,070
CBN ISRAEL VIRGINIA BEACH, VA	RELIGIOUS	$4,800
CHRISTIAN FILM AND TV COMMISSION CAMARILLO, CA	RELIGIOUS	$1,440
CHRISTIAN SHELTER INC SALISBURY, MD	CHARITABLE	$16,400
COD PROMISE PREP FRUITLAND, MD	EDUCATION	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's board includes:

Sandra Spedden (President/Director)
Yvonne A Matthews (Vice President/Director)
Ralph Scott (Director)
Blake Wise (Director)
Tyrus Farrow (Secretary/Director)
Jeanine Scott (Treasurer)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SANDRA SPEDDEN	PRES/DIRECTO	3	—
YVONNE A MATTHEWS	VP/DIRECTOR	1	—
RALPH SCOTT	DIRECTOR	1	—
BLAKE WISE	DIRECTOR	1	—
TYRUS FARROW	SECRETARY/DI	1	$1,340
JEANINE SCOTT	TREASURER	2	$980

Frequently Asked Questions

What does The Mustard Seed Foundation Inc fund?

The foundation focuses its grantmaking on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from The Mustard Seed Foundation Inc?

**Grant Amounts:** Typical awards range from $200 to $45,000. **Recent Grants (2024):** • Salisbury Christian School: $45,000 (Educational) • Seaside Christian Academy: $36,000 (Educational) • River Church of Delmarva: $18,900 (Religious) The foundation made additional grants beyond those listed above in 2024, with a total of 15 grants distributed that year. **Total Giving:** $268,870 in recent grantmaking activity, with $233,000 in distributions reported in tax year 2022.

Where does The Mustard Seed Foundation Inc make grants?

The foundation primarily funds organizations in: • Maryland • Colorado • California

What size grants does The Mustard Seed Foundation Inc award?

In 2024, The Mustard Seed Foundation Inc awarded 34 grants totaling $269K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is The Mustard Seed Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mustard Seed Foundation Inc reported a distributable amount of $281K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mustard Seed Foundation Inc's EIN?

The Mustard Seed Foundation Inc's EIN (Employer Identification Number) is 52-1492276. IRS Form 990 filing data is available on this page for 2020–2024.