The Spring Foundation Inc
ATLANTA, GA EIN: 27-1498037
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$120.1M
+14.4% YoY
Annual Giving
$2.7M
-25.0% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$450K
-37.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $120,079,101 | $104,978,725 | $104,160,284 |
| Revenue | $19,018,599 | $5,650,918 | $-7,184,259 |
| Expenses | $3,918,223 | $4,832,477 | $6,403,727 |
| Qualifying Distributions | $2,700,000 | $3,598,090 | $4,351,577 |
| Net Investment Income | $17,923,166 | $4,416,531 | — |
| Distributable Amount | $5,296,054 | $5,182,674 | $5,173,052 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Spring Foundation Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHELLE D DOBBINS | DIRECTOR/PRESIDENT | 6 | — |
| MICHAEL M MASTERS | DIRECTOR/TREASURER | 6 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
District of Columbia $7.9M (47%)
Tennessee $4.2M (25%)
Georgia $2.5M (15%)
Massachusetts $1.5M (9%)
New York $650K (4%)
Florida $100K (1%)
Illinois $100K (1%)
Cities
AtlantaBostonEvanstonKnoxvilleNew YorkRego ParkWashingtonWilton Manors
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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