The Wellspring Foundation
The Wellspring Foundation is a private foundation focused on Arts and culture, based in CANTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 13 grants totaling $750K. Net investment income was $752K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
-0.1% YoY
Annual Giving
$750K
+141.9% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$58K
+104.7% YoY
Under IRS private-foundation payout rules, The Wellspring Foundation reported a distributable amount of $336K for 2024 — the minimum it must pay out in qualifying distributions.
About The Wellspring Foundation
Based on IRS filings
The Wellspring Foundation is a private foundation focused on Arts and culture, based in CANTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 13 grants totaling $750K. Net investment income was $752K.
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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 | $3,276,308 | $3,278,798 | $3,272,559 |
| Revenue | $818,270 | $378,716 | $384,118 |
| Expenses | $820,760 | $372,477 | $398,112 |
| Qualifying Distributions | $750,000 | $310,000 | $330,000 |
| Net Investment Income | $752,110 | $316,239 | $316,006 |
| Distributable Amount | $335,723 | $306,937 | $308,573 |
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 2024
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vote Riders ($150,000), League of Women Voters Voter Educational Fund ($150,000), Movement Voter Fund ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SPRING STREET CLIMATE FUND BROOKLYN, NY | GENERAL | $35,000 |
| CENTER FOR REPRODUCTIVE RIGHTS NEW YORK, NY | GENERAL | $40,000 |
| VOTE RIDERS WASHINGTON, DC | GENERAL | $150,000 |
| EDUCATIONAL VIDEO CENTER NEW YORK, NY | GENERAL | $25,000 |
| LEAGUE OF WOMEN VOTERS VOTER EDUCATIONAL FUND ALBANY, NY | GENERAL | $150,000 |
| LONE STAR JUSTICE ALLIANCE AUSTIN, TX | GENERAL | $25,000 |
| MOVEMENT VOTER FUND NORTHAMPTON, MA | GENERAL | $150,000 |
| NATIONAL RESOURCES DEFNSE COUNCIL CAMBRIDGE, MA | GENERAL | $40,000 |
| FEEL GOOD ACTION SEATTLE, WA | GENERAL | $50,000 |
| HUDSON LINK FOR HIGHER EDUCATION IN PRISON OSSINING, NY | GENERAL | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ASHLEY PETTUS | TRUSTEE | 2 | — |
| ELISE PETTUS | TRUSTEE | 2 | — |
| BREWSTER PETTUS | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Wellspring Foundation?
The Wellspring Foundation is a private foundation focused on Arts and culture, based in CANTON, MA. It holds $3.3M in total assets as of 2024.
How large is The Wellspring Foundation?
As of 2024, The Wellspring Foundation holds $3.3M in total assets with $818K in annual revenue. It awarded 13 grants totaling $750K in 2024.
Where does The Wellspring Foundation operate?
The Wellspring Foundation has awarded grants in California, Connecticut, District of Columbia, Massachusetts, New York, Texas, Virginia, Washington.
What size grants does The Wellspring Foundation award?
In 2024, The Wellspring Foundation awarded 13 grants totaling $750K — an average of about $58K per grant, based on its IRS Form 990 filings.
How much is The Wellspring Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wellspring Foundation reported a distributable amount of $336K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Wellspring Foundation's EIN?
The Wellspring Foundation's EIN (Employer Identification Number) is 13-3457878. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Wellspring Foundation'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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