Wellspring Foundation Inc

Private foundation · Grantmaker South Plainfield, NJ EIN: 80-0699956

Wellspring Foundation Inc is a private foundation, based in South Plainfield, NJ. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $604K in total assets. In 2025, it awarded 3 grants totaling $72K. Net investment income was $48K.

Key facts about Wellspring Foundation Inc

In short: Wellspring Foundation Inc gave $72K across 3 grants in 2025 (avg $24K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

EIN
80-0699956
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$72,000
Grants made (2025)
3
Average grant
$24,000
Median grant
$1,000
Total assets
$604,370
Primary geography
New Jersey (97% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$604K

-4.7% YoY

Annual Giving

$72K

+102.8% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$24K

+170.4% YoY

Under IRS private-foundation payout rules, Wellspring Foundation Inc reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.

How Wellspring Foundation Inc gives

  • Giving grew 45% from 2022 to 2025. Method
  • In 2025 it paid out 241% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Wellspring Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

PlainfieldLake BarringtonAshlandWoodwayCedar KnollsColorado SpringsConroeTampaWashibgtonWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2019 1 grant2020 1 grant2021 5 grants2022 6 grants2023 4 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $10K (2021) to $72K (2025). In 2025 it made 3 grants totaling $72K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Plainfield Christian science Church: $70KPlainfield Christian scienceChurch$70KBrave Books: $1KBrave Books$1KSunrise Of Africa School: $1KSunrise Of Africa School$1K

The largest 2025 recipient was Plainfield Christian science Church ($70K). Together the top 3 received $72K.

Grant Size Distribution

19 grants across all recorded years

18<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 19 (95%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Plainfield Christian science Church Plainfield, NJCharitable Donation$70,000
Brave Books Conroe, TXCharitable Donation$1,000
Sunrise Of Africa School Lake Barrington, ILCharitable Donation$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$604,370$634,501$923,098
Revenue$49,109$63,447$72,145
Expenses$79,240$352,044$46,299
Qualifying Distributions$72,000$35,500$39,500
Net Investment Income$48,436$9,053$68,640
Distributable Amount$29,834$53,023$43,868

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 26, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 21, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 25, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 10, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 22, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Wellspring Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bruce Singleterry

    Trustee

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Gary Singleterry

    Trustee

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Mary Singleterry

    Trustee

    On filings since 2019

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Wellspring Foundation Inc

How much does Wellspring Foundation Inc give each year?

Wellspring Foundation Inc gave $72K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36K across 4 grants.

What is Wellspring Foundation Inc's typical grant size?

Wellspring Foundation Inc's median grant in 2025 was $1,000, and its average grant was $24,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Wellspring Foundation Inc give grants?

Wellspring Foundation Inc gives mostly in New Jersey: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Wellspring Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Wellspring Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (3 grants).

How large is Wellspring Foundation Inc?

Wellspring Foundation Inc reported $604K in total assets on its 2025 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets).

What is Wellspring Foundation Inc's EIN?

Wellspring Foundation Inc's EIN (Employer Identification Number) is 80-0699956. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Wellspring Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Wellspring Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

John P & Kathryn G Evans Foundation

Indianola, WA

The John P & Kathryn G Evans Foundation’s recent grants include operating support for charitable organizations, but its 2025 filing reports just one $500 grant; giving totaled about $128,000–$137,000 in 2023 and 2024. Its grant dollars went to a Virginia recipient in 2025, and it accepts no unsolicited requests, contributing only to preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$922K

Grants

1

Total Given

$500

Harold & Helen McMaster Foundation Inc

Sylvania, OH

The foundation supports medical and healthcare research, education, scholarships, STEM, and related community programs, primarily in Ohio, with some funding in Michigan and California. Its 2025 grants ranged from $2,000 to $70,000, with a median of $6,500. Its 2023 filing says to submit a letter of solicitation describing needs and wants.

Assets

$3.0M

Grants

22

Total Given

$254K

Logan Wright Foundation

Oklahoma City, OK

Assets

$3.2M

Grants

41

Total Given

$48K

Farrell Family Foundation

Kentfield, CA

The Farrell Family Foundation funds education, health, human welfare, and the arts, with a current focus on strong organizations in San Diego County. In 2024, grants ranged from $15 to $65,840, with a median of $2,000. It states that it does not accept unsolicited requests and gives only to preselected charitable organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.9M

Grants

128

Total Given

$1.2M

Bradley Impact Fund Inc

Milwaukee, WI

Bradley Impact Fund supports people and nonprofits advancing conservative ideas and public policy through research, public education, advocacy, and implementation, with grants ranging from $100 to over $10 million and a 2024 median of $14,250. It funds locally, regionally, and nationwide; prospective recipients are directed to the Bradley Foundation’s two-step application process, but the profile does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$200.3M

Grants

402

Total Given

$47.9M

Ashington-Pickett Foundation Inc

Orlando, FL

Assets

$207K

Grants

8

Total Given

$24K

Bernard G Rethore Family Foundation Inc

Scottsdale, AZ

The Bernard G. Rethore Family Foundation supports a range of charitable organizations, with 2025 grants including general operating support for humanitarian, veterans’, religious, and other causes. Its 19 grants ranged from $500 to $8,000, with a median of $1,000, and went to organizations in several states, especially Arizona and Connecticut. It funds only preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$451K

Grants

19

Total Given

$33K

Charles Wood Family Foundation

Fairfield, CA

Philanthropy, Voluntarism & Grantmaking

Assets

$18K

Grants

26

Total Given

$52K

Pema Foundation Inc

Denver, CO

PEMA Foundation funds religious, education, community, and community-service organizations, with most of its giving directed to Colorado. Its 2024 grants ranged from $500 to $4.25 million, with a median of $10,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$23.8M

Grants

50

Total Given

$6.5M

The Robert Wood Johnson Foundation

Princeton, NJ

The Robert Wood Johnson Foundation funds work to improve health and health equity in the United States, including health policy, community health, prevention, and social justice. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000, and went to recipients across multiple states. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$13.4B

Grants

3,093

Total Given

$622.6M

Community Foundation of New Jersey

Morristown, NJ

The Community Foundation of New Jersey supports nonprofits and projects across arts, education, environment, health and human services, and social welfare. Its 2024 itemized grants had a median of about $19,800, though awards varied widely; funding went to organizations in multiple states, with 32% of itemized grant dollars going to New Jersey. It accepts applications for specific opportunities, and its FAQ encourages eligible New Jersey 501(c)(3) nonprofits to apply; requirements vary by opportunity.

Assets

$1.0B

Grants

1,321

Total Given

$93.8M

Crane Fund for Widows and Children

Englewood Cliffs, NJ

The Crane Fund for Widows and Children supports local charities, agencies, and schools addressing needs such as food insecurity, housing, education, health, environmental protection, and animal welfare in communities where Crane Company operates or its associates have connections. In 2024, grants ranged from $2,000 to $45,000, with a median of $4,500; it funds organizations in multiple states. The fund contributes only to preselected organizations and does not accept unsolicited requests.

Assets

$1.6M

Grants

985

Total Given

$4.5M

More Funders in New Jersey

Wellspring Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?