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ALAN AND TERRI SPOON

WELLESLEY HILLS, MA 510433601

The Alan and Terri Spoon Foundation, based in Wellesley Hills, MA, manages $3.6 million in assets, funds projects across the US, and is led by trustees Alan and Terri Spoon.

Overview

About ALAN AND TERRI SPOON

The Alan and Terri Spoon Foundation is a private foundation based in Wellesley Hills, Massachusetts, with assets totaling approximately $3.6 million. The foundation reported expenses of $210,868 and revenue of $988,117. It does not specify particular subject areas of focus but has funded projects in various cities across the United States, including major cities like Boston, Los Angeles, and New York. The foundation operates in several states, including Massachusetts, California, and New York. The trustees of the foundation are Alan G. Spoon and Terri L. Spoon, both of whom serve without compensation.

Focus Areas

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Geographic Focus

ALCADCFLMAMDMINYPA
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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87%
Excellent compatibility match
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Key Statistics
Total Assets $3.6M
Total Awarded This Year $191K
Average Grant Size $19K
Total Grants (Previous Year) 3,504
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
WELLESLEY HILLS, MA US
Geographic Funding Distribution

Financials

Total Assets
$3,637,677

in 2024, compared to $2,860,428 in 2023

Annual Grants
$191,100

10 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$520,000MASSACHUSETTS INSTITUTE OF TECHNOLOGYGENERAL77 MASS AVE CAMBRIDGE, MA US2023
$200,000MIT (METRO WAREHOUSE)GENERAL77 MASS AVE CAMBRIDGE, MA US2022
$200,000MIT (INSTITUTE FOR COMPUTING)GENERAL77 MASS AVE CAMBRIDGE, MA US2022
$137,500MITGENERAL77 MASS AVE CAMBRIDGE, MA US2024
$100,000MIT (MUSIC BUILDING)GENERAL77 MASS AVE CAMBRIDGE, MA US2022
$25,000NORWOOD SCHOOLGENERAL8821 RIVER ROAD BETHESDA, MD US2022
$25,000COMBINED JEWISH PHILANTHROPIESGENERAL126 HIGH STREET BOSTON, MA US2022
$25,000COMBINED JEWISH PHILANTHROPIESGENERAL126 HIGH STREET BOSTON, MA US2023
$25,000RINGLING COLLEGE OF ART DESIGNGENERAL2700 N TAMIAMI TRAIL SARASOTA, FL US2024
$11,750MIT (SAILING FLEET ENDOWMENT FUND)GENERAL77 MASS AVE CAMBRIDGE, MA US2022
41 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
AGS
ALAN G SPOON
TRUSTEE$02022
TLS
TERRI L SPOON
TRUSTEE$02022
AGS
ALAN G SPOON
TRUSTEE$02023
TLS
TERRI L SPOON
TRUSTEE$02023
AGS
ALAN G SPOON
TRUSTEE$02024
TLS
TERRI L SPOON
TRUSTEE$02024
6 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024