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.
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
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 |
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 include Hope International ($20,000), Renew the Hope ($15,000), R3 Development ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAINT LOUIS PRIORY SCHOOL ST LOUIS, MO | GENERAL OPERATING | $7,000 |
| R3 DEVELOPMENT EAST ST LOUIS, IL | GENERAL ORERATION | $10,000 |
| THE CROSSINGS CHESTERFIELD, MO | GENERAL ORERATION | $10,000 |
| VISITATION ACADEMY ST LOUIS, MO | GENERAL ORERATION | $5,000 |
| PROVIDENCE CHRISTIAN OF TEXAS DALLAS, TX | GENERAL OPERATING | $10,000 |
| HOPE INTERNATIONAL LANCASTER, PA | GENERAL ORERATION | $20,000 |
| RENEW THE HOPE REDDING, CA | GENERAL ORERATION | $15,000 |
| THE SEED COMPANY ARLINGTON, TX | GENERAL ORERATION | $10,000 |
| NORTHWAY CHURCH DALLAS, TX | GENERAL OPERATING | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in Wellspring Foundation Texas'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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