Three Springs Foundation Inc
- Assets
- $1.8m
- Revenue
- -$855.0
- Investments
- $1.7m
- Employees
- 0
- Location
- Powell Butte, OR
- Founding
- Data as of
- 06/2024
- EIN
- 83-0944474
Organization Overview
Three Springs Foundation Inc is located in Powell Butte, OR. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Springs 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.
Since 2021, Three Springs Foundation Inc has awarded 49 individual grants totaling $248,200. 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 |
|---|---|---|---|
Ronald Raasch President | 5 | $0 | |
Susan Raasch Secretary | 5 | $0 | |
Ashley Raasch Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $702 |
| Dividends & Interest | $63,927 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$65,484 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$855 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $865 |
| Depreciation | $990 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,361 |
| Total operating and administrative expenses | $12,891 |
| Contributions, gifts, grants paid | $128,500 |
| Total expenses and disbursements | $141,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,436 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,725,195 |
| Net Land, buildings, and equipment | $1,817 |
| Other assets | $0 |
| Total assets | $1,809,448 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Three Springs Foundation Inc has awarded $128,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHTSIDE ANIMAL SHELTER PURPOSE: TO HELP RESCUED ANIMALS FOR SHELTER AND SERVICES | $10,000 |
SAVING GRACE PURPOSE: TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $30,000 |
DIOCESE OF BAKER PURPOSE: TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $3,000 |
WSO ART PURPOSE: TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $1,000 |
HILLSDALE COLLEGE PURPOSE: TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $10,000 |
LITTLE BIT THERAPEUTIC RIDING CENTER PURPOSE: TOWARDS GENERAL FUND FOR OPERATIONS OF SUPPORT OR SERVICES | $10,000 |