Mission
WELL-SPRING FOUNDATION PROVIDES FINANCIAL SUPPORT TO WELL-SPRING RETIREMENT COMMUNITY. THE PRIMARY FINANCIAL SUPPORT IS FOR HEALTH CARE SERVICE PROVIDED AND CHARITY CARE.
Public Charity
Well-Spring Foundation
Based in GREENSBORO, NC, Well-Spring Foundation operates as a Public Charity. The organization reported $1.5M in revenue, $1.7M in expenses, $10.9M in total assets for fiscal year 2024. Imperigo tracks 7 reported grants from this foundation totaling approximately $2.0M.
EIN: 562217797
GREENSBORO, NC
Public Foundations
NTEE: T30
Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.7M
Total Assets$10.9M
Grants Given7
Grant Total$2.0M
Filing Years2019–2024
Sample Grants Given
GENERAL SUPPORT
$675,244
GENERAL SUPPORT
$557,248
GENERAL SUPPORT
$199,033
GENERAL SUPPORT
$151,558
FOR TWO CERTIFIED NURSING ASSISTANTS - ACTUAL PAY AT FMV PLUS BENEFITS.
$132,085
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
CHAIRPERSON
Anthony Boyd
SECRETARY
Charles Lucas
DIRECTOR
Charles T Hagan Iii
DIRECTOR
Davy Davidson
DIRECTOR
Jennifer Koenig
CFO
K Alan Tutterow
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.5M | $1.7M | $10.9M |
| 2023 | $945K | $1.3M | $11.7M |
| 2022 | $1.3M | $682K | $11.3M |
| 2020 | $1.4M | $392K | $11.3M |
| 2019 | $626K | $290K | $9.7M |
Between 2019 and 2024, reported annual revenue grew from $626K to $1.5M (+139%), with total assets most recently reported at $10.9M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NC.
NC
Full geographic grant map with state-by-state breakdown available with membership.