Private Foundation

WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA

WELLSPRING FOUNDATION OF SOUTHWEST VIRGINIA is a Private Foundation headquartered in ABINGDON, VA. Financial data from the 2025 filing: $27.1M revenue, $6.0M expenses, $179.6M total assets. IRS filings disclose 49 grants awarded by this foundation, totaling roughly $10.4M.

EIN: 262870970 ABINGDON, VA Latest filing: 2025
Total Revenue$27.1M
Total Expenses$6.0M
Total Assets$179.6M
Grants Given49
Grant Total$10.4M
Filing Years2021–2025

Sample Grants Given

EO COMPANIES
ABINGDON, VA · 2024
COMMUNITY SUPPORT
$2,000,000
VA HIGHLANDS COMM COLLEGE
ABINGDON, VA · 2024
COMMUNITY SUPPORT
$1,000,000
US NATIONAL WHITEWATER CENTER INC
CHARLOTTE, NC · 2024
COMMUNITY SUPPORT
$318,000
SW VA HIGHER EDUCATION CENTER
ABINGDON, VA · 2024
COMMUNITY SUPPORT
$300,000
BALLAD HEALTH
JOHNSON CITY, TN · 2024
COMMUNITY SUPPORT
$234,499

Showing up to 5 of 49 total records — full history available with membership.

Officers & Directors

DIRECTOR OF Courtney Stringer
BOARD MEMBER Donnie Meadows
BOARD MEMBER Dr Haytham Adada
VICE CHAIR Dr Joann Price
BOARD MEMBER Dr Karen Elmore
BOARD MEMBER Elizabeth Lowe

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY SUPPORT
$10,353,877 48 grants
501 (C) 3 COMMUNITY SUPPORT
$2,145 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $27.1M $6.0M $179.6M
2024 $27.1M $6.0M $158.5M
2023 $25.8M $1.6M $137.3M
2022 $112.9M $464K $112.4M
2021

Between 2022 and 2025, reported annual revenue declined from $112.9M to $27.1M (-76%), with total assets most recently reported at $179.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA, NC, TN, VA.

MANCTNVA

Full geographic grant map with state-by-state breakdown available with membership.

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