Wellspring Foundation Inc
SOUTH PLAINFIELD, NJ EIN: 80-0699956
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$635K
-31.3% YoY
Annual Giving
$36K
-10.1% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$9K
+34.8% 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 | $634,501 | $923,098 | $897,252 |
| Revenue | $63,447 | $72,145 | $73,727 |
| Expenses | $352,044 | $46,299 | $107,135 |
| Qualifying Distributions | $35,500 | $39,500 | $49,500 |
| Net Investment Income | $9,053 | $68,640 | $73,027 |
| Distributable Amount | $53,023 | $43,868 | $43,233 |
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
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Wellspring Foundation Inc 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 |
|---|---|---|---|
| Gary Singleterry | Trustee | 5 | — |
| Mary Singleterry | Trustee | 5 | — |
| Bruce Singleterry | Trustee | 5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
New Jersey $96K (65%)
Texas $18K (12%)
District of Columbia $15K (10%)
Colorado $10K (7%)
Illinois $5K (3%)
Ohio $3K (2%)
Florida $1K (1%)
Cities
AshlandCedar KnollsColorado SpringsLake BarringtonPlainfieldTampaWashibgtonWashingtonWoodway
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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