Wellspring Foundation Texas
Wellspring Foundation Texas is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 9 grants totaling $97K. Net investment income was $5K.
Key facts about Wellspring Foundation Texas
- EIN
- 47-5248507
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $97,000
- Grants made (2024)
- 9
- Average grant
- $10,778
- Median grant
- $10,000
- Total assets
- $1,344,002
- Primary geography
- Texas (31% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Wellspring Foundation Texas funds
By grant dollars, the top recipient states for Wellspring Foundation Texas's 9 itemized 2024 grants were Texas (31%), Missouri (23%) and Pennsylvania (21%). The most frequent recipient cities were Dallas, TX (2 grants) and St Louis, MO (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Wellspring Foundation Texas gives
- Giving held roughly steady from 2021 to 2024 (+8%). Method
- In 2024 it paid out 233% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Wellspring Foundation Texas
- How to evaluate Wellspring Foundation Texas as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+9.3% YoY
Annual Giving
$97K
-3.0% YoY
Grant Count
9
+800.0% YoY
Avg Grant Size
$11K
-89.2% YoY
Under IRS private-foundation payout rules, Wellspring Foundation Texas reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.
About Wellspring Foundation Texas
Based on IRS filings
Wellspring Foundation Texas is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 9 grants totaling $97K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,344,002 | $1,229,240 | $1,310,024 |
| Revenue | $97,919 | $-26,836 | $14,816 |
| Expenses | $218,032 | $223,194 | $226,337 |
| Qualifying Distributions | $151,580 | $155,201 | $155,462 |
| Net Investment Income | $4,948 | — | — |
| Distributable Amount | $65,148 | $66,605 | $76,488 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Hope International ($20,000), Renew the Hope ($15,000), R3 Development ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPE INTERNATIONAL Lancaster, PA | GENERAL ORERATION | $20,000 |
| RENEW THE HOPE Redding, CA | GENERAL ORERATION | $15,000 |
| R3 DEVELOPMENT East St Louis, IL | GENERAL ORERATION | $10,000 |
| THE CROSSINGS Chesterfield, MO | GENERAL ORERATION | $10,000 |
| PROVIDENCE CHRISTIAN OF TEXAS Dallas, TX | GENERAL OPERATING | $10,000 |
| THE SEED COMPANY Arlington, TX | GENERAL ORERATION | $10,000 |
| NORTHWAY CHURCH Dallas, TX | GENERAL OPERATING | $10,000 |
| SAINT LOUIS PRIORY SCHOOL St Louis, MO | GENERAL OPERATING | $7,000 |
| VISITATION ACADEMY St Louis, MO | GENERAL ORERATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert S Vick | President & Treasurer | 20 | $60,000 |
| Cherissa S Hanson | Vice President & Secretary | 10 | $48,000 |
| Steven L Vick | Director | 5 | — |
| Susan C Vick | Director | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Wellspring Foundation Texas?
Wellspring Foundation Texas is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Dallas, TX. It holds $1.3M in total assets as of 2024.
How large is Wellspring Foundation Texas?
As of 2024, Wellspring Foundation Texas holds $1.3M in total assets with $98K in annual revenue. It awarded 9 grants totaling $97K in 2024.
Where does Wellspring Foundation Texas operate?
Wellspring Foundation Texas has awarded grants in California, Illinois, Missouri, Pennsylvania, Texas, Virginia.
What size grants does Wellspring Foundation Texas award?
In 2024, Wellspring Foundation Texas awarded 9 grants totaling $97K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Wellspring Foundation Texas required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wellspring Foundation Texas reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wellspring Foundation Texas's EIN?
Wellspring Foundation Texas's EIN (Employer Identification Number) is 47-5248507. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.