Well-Spring Foundation

GREENSBORO, NC EIN: 56-2217797 Website

WELL-SPRING FOUNDATION PROVIDES FINANCIAL SUPPORT TO WELL-SPRING RETIREMENT COMMUNITY. THE PRIMARY FINANCIAL SUPPORT IS FOR HEALTH CARE SERVICE PROVIDED AND CHARITY CARE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$10.9M

-6.5% YoY

Annual Giving

$675K

+21.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$675K

+21.2% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$592K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$10,938,452$11,697,990$11,257,578
Revenue$1,496,459$945,355$1,308,920
Expenses$1,727,371$1,322,118$681,565
Qualifying Distributions
Net Investment Income$910,417$395,499$419,754
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$169K$338K$506K$675K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

WELL-SPRING RETIREMENT C…$675K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K3$100–250K$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Well-Spring Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ANTHONY BOYDCHAIRPERSON2
CHARLES LUCASSECRETARY1
CHARLES T HAGAN IIIDIRECTOR1
DAVY DAVIDSONDIRECTOR1
JENNIFER KOENIGDIRECTOR1
KATHRYN COOKIE BILLINGSDIRECTOR1
WENDY GATLINDIRECTOR1
K ALAN TUTTEROWCFO2
STEPHEN P FLEMINGPRESIDENT2

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

Greensboro

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

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