Funder DirectoryWELLSPRING FOUNDATION OF SOUTHWEST
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Private foundation (trust)EIN 262870970Est. 2008-11

WELLSPRING FOUNDATION OF SOUTHWEST

ABINGDON, VA 24210

Total Assets

$176.3M

FY 2023

Annual Giving

$4.9M

FY 2023

Grants Made

21

FY 2023

Avg Grant

$233K

FY 2023

Grant Range

$10K–$2M

Typical

Deadlines

Applications

Focus Areas

Health Care

Financial Snapshot

2023 filing

Total Revenue

$27.1M

Total Expenses

$6.0M

Qualifying Distributions

$5.7M

Distributable Amount

$7.9M

Min. Investment Return

$7.9M

Undistributed Income

$6.8M

Payout rate 73%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.73%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

21 grants

Grant sizes from minimum $10K through median $36K to maximum $2M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $4.9M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

28 grants

EO COMPANIES
$2M
1 grant
VA HIGHLANDS COMM COLLEGE
$1M
1 grant
APPALACHIAN HIGHLANDS COMM DENTAL
$716K
2 grants
US NATIONAL WHITEWATER CENTER INC
$318K
1 grant
SW VA HIGHER EDUCATION CENTER
$300K
1 grant
BALLAD HEALTH
$234K
1 grant
COMMUNITIES IN SCHOOLS OF APP HIGH
$227K
1 grant
FAIRVIEW HOUSING MANAGEMENT CORP
$200K
1 grant

Grant Size Distribution

28 grants

<$10K
4
grants
$10–50K
13
grants
$50–250K
6
grants
$250K–1M
4
grants
$1–5M
1
grants
$5M+

Geographic Focus

4 states

Virginia
$4.7M
86% of total
Tennessee
$459K
8% of total
North Carolina
$318K
6% of total
Massachusetts
$13K
0% of total

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WELLSPRING FOUNDATION OF SOUTHWEST — Grants, Financials & Contact | Grantivo