The Three Springs Foundation Inc is a private foundation focused on Human Services, based in POWELL BUTTE, OR. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 12 grants totaling $69K. Net investment income was $69K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.8M
-0.5% YoY
Annual Giving
$69K
-46.7% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$6K
-46.7% YoY
Under IRS private-foundation payout rules, The Three Springs Foundation Inc reported a distributable amount of $95K for 2025 — the minimum it must pay out in qualifying distributions.
About The Three Springs Foundation Inc
Based on IRS filings
The Three Springs Foundation Inc is a private foundation focused on Human Services, based in POWELL BUTTE, OR. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 12 grants totaling $69K. Net investment income was $69K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,800,637 | $1,809,448 | $1,951,694 |
| Revenue | $72,770 | $-855 | $53,137 |
| Expenses | $81,581 | $141,391 | $43,805 |
| Qualifying Distributions | $68,500 | $128,500 | $31,000 |
| Net Investment Income | $68,839 | $51,738 | $40,332 |
| Distributable Amount | $95,039 | $87,118 | $86,377 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Saving Grace ($15,000), Central Oregon Veterans Ranch ($15,000), Brightside Animal Shelter ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRIGHTSIDE ANIMAL SHELTER REDMOND, OR | TO HELP RESCUED ANIMALS FOR SHELTER AND SERVICES | $5,000 |
| SAVING GRACE BEND, OR | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $15,000 |
| DIOCESE OF BAKER REDMOND, OR | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $3,000 |
| WSO ART SUNRIVER, OR | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $1,000 |
| HILLSDALE COLLEGE HILLSDALE, MI | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $5,000 |
| LITTLE BIT THERAPEUTIC RIDING CENTER REDMOND, WA | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $5,000 |
| HUMAN SOCIETY OF THE OCHOCOS PRINEVILLE, OR | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $5,000 |
| CROOK COUNTY FOUNDATION PRINEVILLE, OR | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $5,000 |
| CENTRAL OREGON VETERANS RANCH BEND, OR | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $15,000 |
| USO WASHINGTON, DC | TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RONALD RAASCH | President | 5 | — |
| SUSAN RAASCH | Secretary | 5 | — |
| ASHLEY RAASCH | Treasurer | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Three Springs Foundation Inc?
The Three Springs Foundation Inc is a private foundation focused on Human Services, based in POWELL BUTTE, OR. It holds $1.8M in total assets as of 2025.
How large is The Three Springs Foundation Inc?
As of 2025, The Three Springs Foundation Inc holds $1.8M in total assets with $73K in annual revenue. It awarded 12 grants totaling $69K in 2025.
Where does The Three Springs Foundation Inc operate?
The Three Springs Foundation Inc has awarded grants in District of Columbia, Michigan, Oregon, Washington.
What size grants does The Three Springs Foundation Inc award?
In 2025, The Three Springs Foundation Inc awarded 12 grants totaling $69K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Three Springs Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Three Springs Foundation Inc reported a distributable amount of $95K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Three Springs Foundation Inc's EIN?
The Three Springs Foundation Inc's EIN (Employer Identification Number) is 83-0944474. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Three Springs 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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