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WELLSPRING FOUNDATION OF SOUTHWEST

ABINGDON, VA 262870970 WELLSPRINGVA.ORG

The Wellspring Foundation of Southwest is a Virginia-based philanthropic organization with significant assets, focusing on community development and education across several states, with a dedicated board and compensated executive team.

Overview

About WELLSPRING FOUNDATION OF SOUTHWEST

The Wellspring Foundation of Southwest, based in Abingdon, Virginia, is a philanthropic organization with assets totaling $158,481,087. The foundation focuses on supporting initiatives in areas such as children and youth, adults, education, health, and community and economic development. It operates primarily in the states of Virginia, Massachusetts, North Carolina, and Tennessee, funding projects in cities including Abingdon, Boston, Bristol, Charlotte, Johnson City, Lebanon, Marion, Troutdale, and Warrenton. The foundation reported expenses of $5,995,493 and revenue of $27,149,953. The board is composed of several members who volunteer their time, while the executive team, including Executive Director Sean McMurray, receives compensation for their roles. The foundation's website is wellspringva.org.

Focus Areas

Children and youthAdultsEducationHealthCommunity and economic development

Geographic Focus

MANCTNVA
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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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $158.5M
Total Awarded This Year $4.9M
Average Grant Size $233K
Total Grants (Previous Year) 0
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
ABINGDON, VA US
Geographic Funding Distribution

Financials

Total Assets
$158,481,087

in 2024, compared to $112,449,531 in 2023

Annual Grants
$4,885,853

21 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
$2,000,000EO COMPANIESCOMMUNITY SUPPORT300 TOWNE CENTER DR ABINGDON, VA US2024
$1,000,000VA HIGHLANDS COMM COLLEGECOMMUNITY SUPPORT100 VHCC DR ABINGDON, VA US2024
$318,000US NATIONAL WHITEWATER CENTER INCCOMMUNITY SUPPORT5000 WHITEWATER CENTER PK CHARLOTTE, NC US2024
$300,000SW VA HIGHER EDUCATION CENTERCOMMUNITY SUPPORT1 PARTNERSHIP CIRCLE ABINGDON, VA US2024
$234,499BALLAD HEALTHCOMMUNITY SUPPORT408 N ST OF FRANKLIN RD JOHNSON CITY, TN US2024
$227,380COMMUNITIES IN SCHOOLS OF APP HIGHCOMMUNITY SUPPORT280 LEE ST BRISTOL, VA US2024
$213,699APPALACHIAN HIGHLANDS COMM DENTALCOMMUNITY SUPPORT616 CAMPUS DR STE 100 ABINGDON, VA US2024
$200,000FAIRVIEW HOUSING MANAGEMENT CORPCOMMUNITY SUPPORT100 E MILLARD ST JOHNSON CITY, TN US2024
$122,040UNITED WAY OF SW VACOMMUNITY SUPPORTPO BOX 644 ABINGDON, VA US2024
$53,320WASHINGTON COUNTY VA PUBLIC SCHOOLSCOMMUNITY SUPPORT812 THOMPSON DR ABINGDON, VA US2024
21 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
SM
SEAN MCMURRAY
EXECUTIVE DI$2744232024
SM
SEAN MCMURRAY
EXECUTIVE DI$1350002023
RL
RUSTY LITTLE
DIRECTOR OF$1348082024
CS
COURTNEY STRINGER
DIRECTOR OF$1011162024
SA
SUSAN ABEL
DIRECTOR OF$811872024
WH
William Hayter
Chairman$02022
RG
Richard Gail
Director$02022
DM
Donnie Meadows
Treasurer$02022
MS
Michael Spiegler
Secretary$02022
HAM
Haytham Adada MD
Director$02022
37 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