The Spase Foundation is a private foundation focused on Education, based in VESTAVIA HILLS, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $31K in total assets. Net investment income was $108.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$31K
+0.3% YoY
Revenue
$108
+208.6% YoY
Net Investment Income
$108
+208.6% YoY
Expenses
—
-100.0% YoY
About The Spase Foundation
Based on IRS filings
The Spase Foundation is a private foundation focused on Education, based in VESTAVIA HILLS, AL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $31K in total assets. Net investment income was $108.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $31,100 | $30,992 | $31,617 |
| Revenue | $108 | $35 | $3 |
| Expenses | — | $660 | $2,115 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $108 | $35 | $3 |
| Distributable Amount | $1,537 | $1,581 | $53 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT WILLIAMS | CHAIRMAN | — | — |
| MARGARET WILLIAMS | VICE-CHAIRMA | — | — |
| MILTON GWALTNEY | TRUSTEE | — | — |
| CAROL MILSTER | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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