The Three Springs Foundation Inc
The Three Springs Foundation Inc is a private foundation based in Powell Butte, Oregon. Its 2025 filing reports 12 grants totaling $68,500 to charitable organizations, with the largest listed grants supporting organizations in Oregon.
Key facts about The Three Springs Foundation Inc
In short: The Three Springs Foundation Inc gave $69K across 12 grants in 2025 (avg $6K), mostly in Oregon. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 83-0944474
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $68,500
- Grants made (2025)
- 12
- Average grant
- $5,708
- Median grant
- $5,000
- New grantees (estimate)
- 0% first-time grantees (0 of 12, 2025; small sample)
- Total assets
- $1,800,637
- Primary geography
- Oregon (81% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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.
Is The Three Springs Foundation Inc open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 12 grantees (0%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 72% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations addressing animal welfare, veterans’ services, education and community charitable activity, therapeutic riding, search and rescue, and other services.
Among the grantees, Saving Grace describes its mission as championing, promoting, and protecting the human-animal bond through responsible pet ownership. Central Oregon Veterans Ranch describes its mission as restoring purpose and spirit to veterans through a working ranch. Crook County Foundation says it supports education, charitable activity, and leadership development, primarily in Prineville and Crook County, Oregon. Little Bit Therapeutic Riding Center describes itself as a community where horses transform the bodies, minds, and spirits of people with disabilities.
Grantmaking
In filing year 2025, the foundation reported 12 grants totaling $68,500. Grants ranged from $1,000 to $15,000, with a median of $5,000.
The largest listed grants were $15,000 each to Saving Grace and Central Oregon Veterans Ranch. Other listed awards included $5,000 each to Brightside Animal Shelter, Hillsdale College, Little Bit Therapeutic Riding Center, Human Society of the Ochocos, Crook County Foundation, and Crook County Search and Rescue; $3,000 each to Diocese of Baker and USO; $1,500 to National Child Safety Council; and $1,000 to WSO ART.
How to Apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with The Three Springs Foundation Inc?
Geographic Focus
Where this funder awards grants
The 2025 filing reports that grant dollars went to recipients in Oregon (81%), Michigan (7%), Washington (7%), and Washington, DC (4%).
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $21K (2021) to $129K (2024). In 2025 it made 12 grants totaling $69K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Saving Grace ($15K). Together the top 10 received $66K.
Grant Size Distribution
61 grants across all recorded years
The most common grant size was under $50K: 61 grants of 61 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Saving Grace Bend, OR | Towards general fund for operations of support or services | $15,000 |
| Central Oregon Veterans Ranch Bend, OR | Towards general fund for operations of support or services | $15,000 |
| Brightside Animal Shelter Redmond, OR | To Help Rescued Animals for Shelter and Services | $5,000 |
| 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 |
| Crook County Search and Rescue Prineville, OR | Towards general fund for operations of support or services | $5,000 |
| Diocese of Baker Redmond, OR | Towards general fund for operations of support or services | $3,000 |
| USO Washington, DC | Towards general fund for operations of support or services | $3,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum |
|---|---|---|---|---|
| 2025 | $1,800,637 | $72,770 | $81,581 | $68,500 |
| 2024 | $1,809,448 | -$855 | $141,391 | $128,500 |
| 2023 | $1,951,694 | $53,137 | $43,805 | $31,000 |
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Ronald Raasch as President, Susan Raasch as Secretary, and Ashley Raasch as Treasurer.
The Three Springs Foundation Inc is led by Ronald Raasch, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ronald Raasch
President
On filings since 2021
5 hrs/week
No compensation reported
Ashley Raasch
Treasurer
On filings since 2021
5 hrs/week
No compensation reported
Susan Raasch
Secretary
On filings since 2021
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: PO Box 11, Powell Butte, OR 97753
Phone: (541) 389-7090
Frequently asked questions about The Three Springs Foundation Inc
How much does The Three Springs Foundation Inc give each year?
The Three Springs Foundation Inc gave $69K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $129K across 12 grants.
What is The Three Springs Foundation Inc's typical grant size?
The Three Springs Foundation Inc's median grant in 2025 was $5,000, and its average grant was $5,708, across 12 grants on its 2025 IRS Form 990-PF.
Where does The Three Springs Foundation Inc give grants?
The Three Springs Foundation Inc gives mostly in Oregon: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Michigan (7%) and Washington (7%). The most frequent recipient cities were Prineville, OR (4 grants), Bend, OR (2 grants) and Redmond, OR (2 grants).
Does The Three Springs Foundation Inc give general operating support?
Yes: 92% of The Three Springs Foundation Inc's 2025 grants with a stated purpose (11 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Three Springs Foundation Inc's largest grantees?
The Three Springs Foundation Inc's largest 2025 grantees include Saving Grace ($15,000), Central Oregon Veterans Ranch ($15,000) and Brightside Animal Shelter ($5,000), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.
How large is The Three Springs Foundation Inc?
The Three Springs Foundation Inc reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $69K in qualifying distributions that year, against a required minimum of $95K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Three Springs Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations addressing animal welfare, veterans’ services, education and community charitable activity, therapeutic riding, search and rescue, and other services. See mission & focus areas ↑
How do I apply for a grant from The Three Springs Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Three Springs Foundation Inc 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 September 2026.
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