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The Springfield Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 316030764 ✦ Springfield, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Springfield Foundation?

The Springfield Foundation is a nonprofit organization situated in Springfield, Ohio, specifically at 333 N Limestone St STE 201. Their primary mission is to improve the quality of life for residents of Clark County by raising and distributing permanent charitable funds. They accomplish this by partnering with individuals, families, and organizations, investing wisely, and dispensing grants to various non-profit organizations and scholarships within the community. Their activities and support encompass education, welfare services, recreation, fine arts, health services, and the enhancement of children's lives. With a dedicated team of eight employees, The Springfield Foundation is committed to making a lasting impact in Clark County.


Official website here: www.springfieldfoundation.org

Is The Springfield Foundation legitimate?

The Springfield Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Springfield Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $189,919
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,337

For more financial information, click here


Official website here: www.springfieldfoundation.org

What is the mission statement of The Springfield Foundation?

The Springfield Foundation's mission is centered around enhancing the quality of life for its community members. They aim to achieve this by raising and distributing permanent charitable funds. This is done through partnerships with individuals, families, and organizations, who contribute to a permanent source of charitable capital. This capital is strengthened through sound investment and diligent stewardship, and is then distributed as grants to non-profit organizations and scholarships for students within the community. In essence, The Springfield Foundation works toward improving various aspects of community life, including education, welfare services, recreation, fine arts, health services, and the well-being of children.


Official website here: www.springfieldfoundation.org

Who is the CEO of The Springfield Foundation?

Susan Carey is the President of The Springfield Foundation.


Official website here: www.springfieldfoundation.org

What is the revenue of The Springfield Foundation?

The Springfield Foundation's revenue in 2022 was $7,221,415.


Official website here: www.springfieldfoundation.org

Who are the executives of The Springfield Foundation and what are their salaries?

The average compensation at The Springfield Foundation during 2022 was $64,282. There are 8 employees and 37 volunteers at The Springfield Foundation.


Here are 21 key members and their salaries:


Victoria Dawson-Scruse (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Moody (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Lantz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nettie Carter-Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Leeth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Luther (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunna Bass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Meermans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Flax (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Humera Umerani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Lampe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Basil Fett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wells (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Shaffer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Frandsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Jermain Maynard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Vander Roest (Executive Director)
  • Compensation: $55,975
  • Related: $0
  • Other: $15,441
Susan Carey (Executive Director)
  • Compensation: $104,527
  • Related: $0
  • Other: $13,976


Official website here: www.springfieldfoundation.org

Where can I find the form 990 for The Springfield Foundation?

The Springfield Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.springfieldfoundation.org

Learn more at the official website: www.springfieldfoundation.org

Mission Statement of The Springfield Foundation

The Springfield Foundation, a nonprofit organization, is committed to enhancing the lives of residents in Clark County. Their mission is threefold: firstly, they aim to raise funds and strengthen these resources through careful investment and diligent stewardship. Secondly, they distribute these funds as grants to various non-profit organizations within the community. Lastly, they provide scholarships to students, contributing to their educational pursuits. In essence, The Springfield Foundation serves as a perpetual source of charitable capital, seeking to improve the quality of life for individuals in Clark County.

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Impact




October, 2024

The Springfield Foundation significantly enhances the quality of life for residents of Clark County, Ohio, by providing vital resources aimed at education, welfare services, recreation, fine arts, and health services. Through partnerships with individuals, families, and various organizations, it creates a sustainable source of charitable capital. The foundation’s commitment to sound investment and stewardship ensures that these resources are effectively used. Grants are distributed to nonprofit organizations, and scholarships are awarded to local students, fostering community growth and supporting the enhancement of children's lives. This impactful philanthropy not only addresses immediate needs but also contributes to long-term advancements within the community.




This information is meant to be a general summary of The Springfield Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,221,415 (2022)
Expenses
$5,602,894 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,754,214
  • Program Service Revenue: $244,303
  • Gross Receipts: $10,012,171

Assets and Liabilities:

  • Total Assets: $109,518,613
  • Total Liabilities: $57,884,213
  • Net Assets: $51,634,400

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMINISTRATIVE FEE INCOME

Revenue

$181,583

OPERATING ENDOWMENT

Revenue

$62,720

Organization Details

Founding Year

1948

Principal Officer

Susan Carey

Main Address

333 N LIMESTONE ST STE 201, SPRINGFIELD, OH, 45503

NTEE Category

Code: T31 - Philanthropy

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