The Springwater Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ESTACADA, OR. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 3 grants totaling $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-56.0% YoY
Annual Giving
$8K
-57.6% YoY
Grant Count
3
-62.5% YoY
Avg Grant Size
$3K
+13.1% YoY
Under IRS private-foundation payout rules, The Springwater Foundation Inc reported a distributable amount of $688 for 2024 — the minimum it must pay out in qualifying distributions.
About The Springwater Foundation Inc
Based on IRS filings
The Springwater Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ESTACADA, OR. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 3 grants totaling $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,725 | $22,125 | $50,000 |
| Revenue | — | — | $50,000 |
| Expenses | $9,900 | $27,875 | — |
| Qualifying Distributions | $8,400 | $19,800 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $688 | $1,553 | $34 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dece Charity ($5,000), Worldwide Heart of Heart Ministries ($3,000), Ray of Hope Portraits ($400).
| Recipient | Purpose | Amount |
|---|---|---|
| RAY OF HOPE PORTRAITS OREGON CITY, OR | TO PROVIDE FINANCIAL SUPPORT | $400 |
| WORLDWIDE HEART OF HEART MINISTRIES CLACKAMAS, OR | TO PROVIDE FINANCIAL SUPPORT | $3,000 |
| DECE CHARITY PORTLAND, OR | TO PROVIDE FINANCIAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W SCOTT CLOSNER | PRESIDENT | 1 | — |
| LISA CLOSNER | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Springwater Foundation Inc?
The Springwater Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ESTACADA, OR. It holds $10K in total assets as of 2024.
How large is The Springwater Foundation Inc?
As of 2024, The Springwater Foundation Inc holds $10K in total assets. It awarded 3 grants totaling $8K in 2024.
Where does The Springwater Foundation Inc operate?
The Springwater Foundation Inc has awarded grants in Massachusetts, Oregon, Washington.
What size grants does The Springwater Foundation Inc award?
In 2024, The Springwater Foundation Inc awarded 3 grants totaling $8K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Springwater Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Springwater Foundation Inc reported a distributable amount of $688 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Springwater Foundation Inc's EIN?
The Springwater Foundation Inc's EIN (Employer Identification Number) is 92-1484304. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Springwater Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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