The Spearmint Foundation

Private foundation · Grantmaker Scottsdale, AZ EIN: 88-1704174

The Spearmint Foundation is a private foundation, based in Scottsdale, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $111K in total assets. In 2024, it awarded 1 grant totaling $7K. Net investment income was $9K.

Key facts about The Spearmint Foundation

In short: The Spearmint Foundation gave $7K across 1 grant in 2024 (avg $7K), mostly in Arizona. Source: 2024 IRS Form 990-PF.

EIN
88-1704174
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$7,000
Grants made (2024)
1
Average grant
$7,000
Median grant
$7,000
Total assets
$110,979
Primary geography
Arizona (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$111K

+2.0% YoY

Annual Giving

$7K

+0.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$7K

+100.0% YoY

Under IRS private-foundation payout rules, The Spearmint Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

How The Spearmint Foundation gives

  • In 2024 it paid out 130% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2024 grant dollars on its one itemized grant.

Cities

BrooklynPhoenixPlanoTuscon

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grant2022 2 grants2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $7K (2023) to $10K (2022). In 2024 it made 1 grant totaling $7K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Giving Sole Inc: $7KGiving Sole Inc$7K

The largest 2024 recipient was Giving Sole Inc ($7K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Giving Sole Inc Phoenix, AZUnrestricted$7,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2022 2023 2024
Metric202420232022
Total Assets$110,979$108,812$104,912
Revenue$9,339$10,920$114,932
Expenses$7,172$7,020$10,020
Qualifying Distributions$7,000$7,000$10,000
Net Investment Income$9,339$10,900$4,912
Distributable Amount$5,394$5,087$3,857

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

The Spearmint Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ethan E. Frey

    Director

    On filings since 2022

    No compensation reported

  • John J. Lott

    Director

    On filings since 2022

    No compensation reported

  • Shari Lott

    Director

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Spearmint Foundation

How much does The Spearmint Foundation give each year?

The Spearmint Foundation gave $7K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7K across 2 grants.

How large is The Spearmint Foundation?

The Spearmint Foundation reported $111K in total assets on its 2024 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

Where does The Spearmint Foundation operate?

The Spearmint Foundation has awarded grants in Arizona, New York, Texas.

What is The Spearmint Foundation's EIN?

The Spearmint Foundation's EIN (Employer Identification Number) is 88-1704174. IRS Form 990 filing data is available on this page for 2022–2024.

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

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