Spring Run Charitable Foundation Inc
- Assets
- $89.2k
- Revenue
- $270.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 04/2010
- Data as of
- 06/2023
- EIN
- 26-3813716
Organization Overview
Spring Run Charitable Foundation Inc is located in Bonita Springs, FL. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Run Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Spring Run Charitable Foundation Inc generated $270.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $279.1k during the year ending 06/2023. While expenses have increased by 10.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Spring Run Charitable Foundation Inc has awarded 62 individual grants totaling $1,068,050. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPRING RUN CHARITABLE FOUNDATION'S MISSIONS IS TO SPONSOR, PROMOTE AND UNDERTAKE EXCLUSIVELY CHARITABLE ACTIVITIES THAT WILL SUPPORT THE EDUCATIONAL, HEALTH AND MEDICAL NEEDS OF RESIDENTS OF LEE AND COLLIER COUNTIES, FLORIDA, WITH A PARTICULAR EMPHASIS ON THE NEEDS OF CHILDREN; AND TO MAKE GIFTS OR GRANTS TO ORGANIZATIONS QUALIFIED AS CHARITABLE ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE CODE AND THAT ARE ORGANIZED TO SERVE THE EDUCATIONAL, HEALTH AND MEDICAL NEEDS OF CHILDREN AND RESIDENTS OF LEE AND COLLIER COUNTIES, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT FUNDRAISING EVENTS TO SUPPORT LOCAL COMMUNITY SOCIAL SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Chadwick President | OfficerTrustee | 12 | $0 |
Patricia Fitzgerald Vice President | OfficerTrustee | 5 | $0 |
Don Schwartz Treasurer | OfficerTrustee | 8 | $0 |
Kathleen Horvath Secretary | OfficerTrustee | 5 | $0 |
Luke Cunningham Director | Trustee | 2 | $0 |
John Fitzgerald Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,594 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,594 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $111,474 |
| Net Income from Gaming Activities | $19,868 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $270,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $208,750 |
| Grants and other assistance to domestic individuals. | $62,609 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,918 |
| Information technology | $90 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $46 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $437 |
| Insurance | $524 |
| All other expenses | $0 |
| Total functional expenses | $279,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,553 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $655 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $89,208 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $89,208 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $89,208 |
Grants Awarded
Over the last fiscal year, Spring Run Charitable Foundation Inc has awarded $208,750 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
INTEFAITH CARE GIVERS OF SOUTH LEE INC PURPOSE: LOCAL CHARITY SUPPORT | $25,000 |
LACES OF LOVE CHARITABLE FOUNDATION INC PURPOSE: LOCAL CHARITY SUPPORT | $25,500 |
LEE HEALTH CENTER COCONUT POINT PURPOSE: LOCAL CHARITY SUPPORT | $10,000 |
OPERATION OPEN ARMS INC PURPOSE: LOCAL CHARITY SUPPORT | $25,750 |
HARRY CHAPIN FOOD BANK PURPOSE: LOCAL CHARITY SUPPORT | $25,000 |
NEW HORIZONS OF SOUTHWEST FLORIDA INC PURPOSE: LOCAL CHARITY SUPPORT | $25,000 |