The William H Spence and Denise a Spence
The William H Spence and Denise a Spence is a private foundation, based in BETHLEHEM, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 4 grants totaling $256K. Net investment income was $724K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
+33.9% YoY
Annual Giving
$256K
-30.7% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$64K
+21.2% YoY
Under IRS private-foundation payout rules, The William H Spence and Denise a Spence reported a distributable amount of $180K for 2024 — the minimum it must pay out in qualifying distributions.
About The William H Spence and Denise a Spence
Based on IRS filings
The William H Spence and Denise a Spence is a private foundation, based in BETHLEHEM, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 4 grants totaling $256K. Net investment income was $724K.
Ready to take the next step with The William H Spence and Denise a Spence?
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 | $5,324,389 | $3,976,096 | $4,284,560 |
| Revenue | $1,672,107 | $438,360 | $289,678 |
| Expenses | $323,814 | $435,686 | $420,068 |
| Qualifying Distributions | $283,750 | $395,000 | $400,525 |
| Net Investment Income | $724,476 | $397,674 | $58,219 |
| Distributable Amount | $180,355 | $156,799 | $193,642 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of the Greater Lehigh Valley ($253,000), Liberty High School Athletic Club ($2,500), Grow Ahead ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| GROW AHEAD TUSTIN, CA | SUPPORT | $500 |
| UNITED WAY OF THE GREATER LEHIGH VALLEY ALLENTOWN, PA | SUPPORT | $253,000 |
| THE ALLENTOWN BAND ALLENTOWN, PA | SUPPORT | $250 |
| LIBERTY HIGH SCHOOL ATHLETIC CLUB BETHLEHEM, PA | SUPPORT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM H SPENCE | TRUSTEE | — | — |
| DENISE A SPENCE | TRUSTEE | — | — |
| RACHEL LEAH SPENCE | TRUSTEE | 20 | $55,000 |
Frequently Asked Questions
How large is The William H Spence and Denise a Spence?
As of 2024, The William H Spence and Denise a Spence holds $5.3M in total assets with $1.7M in annual revenue. It awarded 4 grants totaling $256K in 2024.
Where does The William H Spence and Denise a Spence operate?
The William H Spence and Denise a Spence has awarded grants in California, Delaware, Oklahoma, Pennsylvania.
What size grants does The William H Spence and Denise a Spence award?
In 2024, The William H Spence and Denise a Spence awarded 4 grants totaling $256K — an average of about $64K per grant, based on its IRS Form 990 filings.
How much is The William H Spence and Denise a Spence required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The William H Spence and Denise a Spence reported a distributable amount of $180K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The William H Spence and Denise a Spence's EIN?
The William H Spence and Denise a Spence's EIN (Employer Identification Number) is 85-6768944. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The William H Spence and Denise a Spence's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
The Brown-daub Foundation
NAZARETH, PA
Assets
$4.5M
Grants
25
Total Given
$137K
Lehigh Valley Community Foundation
ALLENTOWN, PA
Assets
$84.6M
Grants
136
Total Given
$6.8M
Frederick H Bedford Jr & Margaret S
EASTON, PA
Assets
$24.9M
Grants
99
Total Given
$1.2M
The Philadelphia Foundation
PHILADELPHIA, PA
Assets
$704.6M
Grants
715
Total Given
$39.1M
Impactassetsinc
BETHESDA, MD
Assets
$3.0B
Grants
2,733
Total Given
$580.1M
Altemose Family Foundation
BETHLEHEM, PA
Assets
—
Grants
2
Total Given
$13K
United Way of the Capital Region
ENOLA, PA
Assets
$30.6M
Grants
67
Total Given
$1.0M
Martin Guitar Charitable Foundation
NAZARETH, PA
Assets
$9.8M
Grants
93
Total Given
$597K
Carson-myre Charitable Foundation
PADUCAH, KY
Assets
—
Grants
152
Total Given
$8.9M
Hecht Family Charitable Foundation
ALLENTOWN, PA
Assets
$4.0M
Grants
10
Total Given
$261K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The William H Spence and Denise a Spence on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities