Springcreek Foundation
- Assets
- $17.0m
- Revenue
- $97.5k
- Investments
- $16.8m
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 02/1995
- Data as of
- 12/2023
- EIN
- 68-0344778
Organization Overview
Springcreek Foundation is located in Berkeley, CA. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Springcreek Foundation 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 12/2023, Springcreek Foundation generated $97.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Springcreek Foundation has awarded 1,448 individual grants totaling $6,474,049. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maud-Alison Long President/director | 2 | $0 | |
Marlis Corning Jansen V.p./secretary/treasurer | 2 | $0 | |
Jeanne Lemieur Chief Financial Officer | 1 | $0 | |
Mark Grace Board Member | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Third Plateau Social Impact Strategies | 12/30/23 | $113,648 |
Sonen Capital | 12/30/23 | $61,158 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25,627 |
| Dividends & Interest | $251,313 |
| Net Rental Income | -$6,434 |
| Net Gain on Sale of Assets | -$178,951 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,493 |
| Total Revenue | $97,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,543 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,189 |
| Total operating and administrative expenses | $452,093 |
| Contributions, gifts, grants paid | $789,840 |
| Total expenses and disbursements | $1,241,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,350 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,097 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,905,590 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,977,720 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $13,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $78,746 |
| Total liabilities | $91,746 |
Grants Awarded
Over the last fiscal year, Springcreek Foundation has awarded $801,576 in support to 134 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN RESERVE ACADEMY PURPOSE: BILL ROEMER CHALLENGE | $25,000 |
THE LEAKEY FOUNDATION PURPOSE: BUTTER FOR BALDWINS PROGRAM | $750 |
THE LEAKEY FOUNDATION PURPOSE: BALDWIN SCHOLARSHIP PROGRAM | $1,500 |
FLOURISH FOUNDATION PURPOSE: CAPACITY BUILDING | $25,000 |
THE GRABHORN INSTITUTE PURPOSE: CAMPAIGN GRANT | $5,000 |
MAUI UNITED WAY PURPOSE: CASH GRANTS FOR THOSE IMPACTED BY WILDFIRES | $10,000 |