GrantAuthority

Wellspring Foundation of Southwest Virginia

Grantmaking foundation in Abingdon, Virginia · EIN 26-2870970

Grants itemized on the 990
$4.9MTax year 2025
Grants made
21Tax year 2025
Total assets
$180MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE ORGANIZATION IS ORGANIZED FOR THE PURPOSE OF RECEIVING, MAINTAINING AND ADMINISTERING ASSETS EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES, INCLUDING, BUT NOT LIMITED TO THE RECOGNIZABLE AND UNMET HEALTHCARE, WELLNESS, ECONOMIC AND EDUCATIONAL NEEDS OF THE COMMUNITIES WHICH THE CORPORATION SERVES, AND TO USE THE WHOLE OR ANY PART OF THE INCOME AND PRINCIPAL WITHIN THEREFROM FOR SUCH PURPOSES EITHER DIRECTLY OR BY CONTRIBUTION TO OTHER ORGANIZATIONS.

Quoted from the foundation's IRS filing.

Giving by year

$580K2022
$4.9M2023
$4.9M2024
$4.9M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Eo Companies$2M2025
Va Highlands Comm College$1M2025
US National Whitewater Center Inc$320K2025
Sw Va Higher Education Center$300K2025
Ballad Health$230K2025

Amounts are rounded. The full grantee list (21 grants in 2025) is available with a free account.

Website: wellspringva.org

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Similar foundations in Virginia

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.