The Spungin Family Foundation
MARBLEHEAD, MA EIN: 26-1124991
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$360K
-3.0% YoY
Annual Giving
$20K
+0.0% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$5K
-75.0% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $360,155 | $371,219 | $318,444 |
| Revenue | $29,155 | $53,548 | $6,826 |
| Expenses | $21,632 | $21,792 | $20,400 |
| Qualifying Distributions | $20,000 | $19,992 | $20,273 |
| Net Investment Income | $29,155 | $53,487 | $6,734 |
| Distributable Amount | $22,889 | $14,032 | $18,352 |
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
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Spungin Family Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steven M Spungin | Trustee | 2 | — |
| Jennifer D Spungin | Trustee | 1 | — |
| Sophia R Spungin | Trustee | 0.25 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Massachusetts $87K (100%)
States
Cities
BelmontBostonLincolnLynnMarbleheadSalem
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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