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 2 reported grant relationships connected to this organization totaling approximately $56K.

EIN: 562217797 GREENSBORO, NC Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.7M
Total Assets$10.9M
Grant Records2
Funding Total$56K
Filing Years2019–2024

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.

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

GENERAL SUPPORT
$50,000 1 grant
CHARITABLE SUPPORT FOR PROGRAMS & OPERATIONS OF THE DONEE ORGANIZATIONS
$6,000 1 grant

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.

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