The Springboard Scholarship
The Springboard Scholarship, also called the Springboard Scholarship Foundation, Inc. (SSFI) on its website, is a private foundation based in Bonita Springs, Florida. Its website describes a mission of providing educational grants to individuals, while its 2025 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
The Springboard Scholarship at a glance
In short: The Springboard Scholarship gave $41K across 16 grants in 2025 (avg $3K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,500
- -13.3% vs 2024
- Grants made (2025)
- 16
- +0.0% vs 2024
- Average grant
- $2,531
- -13.3% vs 2024
- Median grant
- $3,000
- Total assets
- $118,173
- +1.7% vs 2024
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Springboard Scholarship
- Accepts unsolicited proposals
- No
- How to Apply
-
The 2025 filing says the foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests; it lists Peter Saputo as the contact. The website invites applicants to apply for the scholarship and describes the eligibility criteria and award guidelines, but does not specify application materials or a deadline in the information available here. The website says recipients must notify SSFI in writing within 15 days if they drop a class or withdraw.
- Contact
Application contact: Peter Saputo
Mailing address: 3901 Pine Shadow Ct, 3901 Pine Shadow Ct, Bonita Springs, FL 34134
Phone: (239) 498-2285
Website: https://www.springboardscholarship.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Springboard Scholarship funds
How this funder distributes its grants
Grant Size Distribution
95 grants across all recorded years
The most common grant size was under $50K: 95 grants of 95 (100%).
Geographic Focus
Where this funder awards grants
The foundation is based in Bonita Springs, Florida. Its website describes support for attendance at educational institutions in the United States. The 2025 filing reports that 100% of grant dollars went to recipients in Michigan.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
States
Cities
How The Springboard Scholarship gives
- Giving grew 56% from 2022 to 2025. Method
- In 2025 it paid out 620% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $26K (2022) to $64K (2021). In 2025 it made 16 grants totaling $41K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 16 grants to individuals Recipients not named | — | $40,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $118,173 | $24,749 | $42,251 | $40,500 | 16 | $40,500 | $1,987 | $6,527 |
| 2024 | $116,239 | $30,976 | $50,432 | $46,700 | 16 | $48,825 | $3,433 | $7,264 |
| 2023 | $136,093 | $35,280 | $52,750 | $49,500 | 21 | $49,500 | $6,930 | $8,498 |
| 2022 | $152,864 | $49,178 | $29,073 | $26,000 | 19 | $26,000 | $3,937 | $7,876 |
| 2021 | $183,183 | $25,616 | $67,775 | $64,000 | 23 | $64,000 | $5,511 | $11,117 |
| 2020 | $169,872 | $28,457 | $38,813 | $36,000 | 23 | — | $3,747 | $10,330 |
Under IRS private-foundation payout rules, The Springboard Scholarship reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
SSFI’s stated mission is to provide educational grants to individuals who meet its criteria and to help them attend educational institutions in the United States that promote high educational and moral ideals. The website says applicants should demonstrate financial need, be creative, moral, and ambitious, and seek to be a credit to their family, college or university, and country. It describes the scholarship as open to men and women without discrimination based on ethnic origin, race, disability, or age.
The website says awards are paid jointly to the recipient and the college or university the recipient will attend, and are paid each semester, term, or quarter. Overseas study is not funded unless it is a graduation requirement, for which documentation is required.
Grantmaking
In 2025, the foundation reported 16 grants totaling $40,500. Grants ranged from $1,500 to $3,000, with a median of $3,000. The largest reported grants were $3,000 each to individual recipients for higher education and books. The 2025 filing shows all grant dollars going to recipients in Michigan.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Peter C. Suputo as president, Susan O’Connor as vice president, Diane L. Saputo as secretary, and John M. Sirhal as director.
The Springboard Scholarship is led by Peter C. Suputo, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Peter C. Suputo
President
On filings since 2020
No compensation reported
John M. Sirhal
Director
On filings since 2020
No compensation reported
Diane L. Saputo
Secretary
On filings since 2020
No compensation reported
Susan O'Connor
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Springboard Scholarship
How much does The Springboard Scholarship give each year?
The Springboard Scholarship gave $41K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $47K across 16 grants.
What is The Springboard Scholarship's typical grant size?
The Springboard Scholarship's median grant in 2025 was $3,000, and its average grant was $2,531, across 16 grants on its 2025 IRS Form 990-PF.
Where does The Springboard Scholarship give grants?
The Springboard Scholarship gives mostly in Michigan: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does The Springboard Scholarship give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on The Springboard Scholarship's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Higher Education and Books" (16 grants).
How large is The Springboard Scholarship?
The Springboard Scholarship reported $118K in total assets on its 2025 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).
What does The Springboard Scholarship fund?
SSFI’s stated mission is to provide educational grants to individuals who meet its criteria and to help them attend educational institutions in the United States that promote high educational and moral ideals. See mission & focus areas ↑
How do I apply for a grant from The Springboard Scholarship?
The 2025 filing says the foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests; it lists Peter Saputo as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Springboard Scholarship's EIN?
The Springboard Scholarship's EIN (Employer Identification Number) is 80-0532800. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Springboard Scholarship accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 23, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 28, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
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