The Seven Springs Foundation
- Assets
- $11.2k
- Revenue
- $34.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sausalito, CA
- Founding
- 04/1979
- Data as of
- 12/2023
- EIN
- 94-2570260
Organization Overview
The Seven Springs Foundation is located in Sausalito, CA. The organization was established in 1979. 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. Seven Springs 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, Seven Springs Foundation generated $34.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Seven Springs Foundation has awarded 47 individual grants totaling $2,449,052. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,470 |
| Dividends & Interest | $10,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,900 |
| Capital Gain Net Income | $15,900 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,971 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $550 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $720 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,118 |
| Total operating and administrative expenses | $11,188 |
| Contributions, gifts, grants paid | $1,877,361 |
| Total expenses and disbursements | $1,888,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,238 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,238 |
| 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, The Seven Springs Foundation has awarded $1,877,361 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BELVEDERE TIBURON LANDMARK SOCIETY PURPOSE: CHARITABLE WORK | $20,000 |
UPSTREAM PURPOSE: CHARITABLE WORK | $20,000 |
MARIN COMMUNITY FOUNDATION PURPOSE: CHARITABLE WORK | $133,935 |
MARIN COMMUNITY FOUNDATION PURPOSE: CHARITABLE WORK | $1,703,426 |