Well-Spring Retirement Community Inc
Greensboro, NC · EIN 56-1497371. Reported 73 grants totalling $3,084,006 to 41 organizations across tax years 2021-2024, on Form 990 Schedule I.
Does this grantmaker accept applications?
Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.
Three things in the filing do bear on it:
- What kind of organization it is. For Well-Spring Retirement Community Inc, the IRS classifies it under human services rather than as a grantmaker (NTEE P750) -- it is an operating charity that also makes grants.
- How spread out its giving is. 41 distinct organizations, with 45% of the dollars going to the largest single recipient. That is concentrated. Most of the money has a settled destination, and the remainder is what is realistically in play.
- How much its list changes. 38% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is below the 57% median for grantmaking charities, and well below the 67% private foundations manage. A list that turns over this much is one a newcomer can realistically join.
How big are its grants?
The median reported grant is $10,000. Half of what it reported fell between $6,500 and $25,000; the smallest was $5,000 and the largest $500,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.
15 of those grants were non-cash -- goods, property or services worth $995,800 in total. In-kind giving is real support but it is not a cheque.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Adult Center for Enrichment Inc | Greensboro, NC | $1,393,000 | 4 | 4 | 2024 |
| Well-Spring Services Inc | Greensboro, NC | $600,000 | 2 | 2 | 2022 |
| The Moses H Cone Memorial Hospital Operating Corporation | Greensboro, NC | $313,000 | 4 | 4 | 2024 |
| Authoracare Collective | Burlington, NC | $125,025 | 3 | 3 | 2023 |
| Authoracare Foundation | Greensboro, NC | $55,000 | 2 | 2 | 2024 |
| Appalachian State University Foundation Inc | Boone, NC | $52,500 | 3 | 3 | 2024 |
| Uncg | Greensboro, NC | $40,280 | 1 | 1 | 2022 |
| Action Greensboro | Greensboro, NC | $37,500 | 3 | 3 | 2024 |
| University of Nc Ctr for Public Media | Research Triangle Park, NC | $29,800 | 2 | 2 | 2022 |
| Greensboro Symphony Orchestra Incorporated | Greensboro, NC | $26,473 | 3 | 3 | 2024 |
| Alamance Community College | Graham, NC | $25,000 | 1 | 1 | 2022 |
| Elon University | Elon, NC | $25,000 | 1 | 1 | 2022 |
| Guilford County Dhhs | Greensboro, NC | $25,000 | 1 | 1 | 2022 |
| United Arts Council of Greater Greensboro Inc | Greensboro, NC | $25,000 | 2 | 2 | 2023 |
| North Carolina for Community and Justice Inc | Greensboro, NC | $24,000 | 3 | 3 | 2024 |
| Greensboro Opera Company | Greensboro, NC | $23,000 | 2 | 2 | 2022 |
| Eastern Music Festival Inc | Greensboro, NC | $22,500 | 3 | 3 | 2023 |
| Guilford College | Greensboro, NC | $22,250 | 3 | 3 | 2023 |
| Center for Creative Aging North Carolina | Greensboro, NC | $20,000 | 2 | 2 | 2022 |
| Wake Forest University | Winstonsalem, NC | $20,000 | 2 | 2 | 2022 |
| Alzheimer's Association | Chicago, IL | $15,075 | 2 | 2 | 2024 |
| Greensboro Literary Organization | Greensboro, NC | $15,000 | 2 | 2 | 2024 |
| Greensboro Childrens Museum | Greensboro, NC | $14,000 | 2 | 2 | 2022 |
| Community Foundation of Greater Greensboro Inc | Greensboro, NC | $13,500 | 2 | 2 | 2022 |
| United Way of Greater Greensboro Inc | Greensboro, NC | $11,500 | 1 | 1 | 2021 |
| Greensboro Jewish Federation | Greensboro, NC | $10,300 | 2 | 2 | 2023 |
| Guilford Green Foundation | Greensboro, NC | $10,000 | 1 | 1 | 2023 |
| Leadingage North Carolina | Durham, NC | $10,000 | 1 | 1 | 2022 |
| Triad Stage | Greensboro, NC | $7,500 | 1 | 1 | 2023 |
| Greensboro Symphony Guild Inc | Greensboro, NC | $7,200 | 1 | 1 | 2022 |
| Natural Science Center of Greensboro Inc | Greensboro, NC | $7,140 | 1 | 1 | 2022 |
| Community Housing Solutions of Guilford Inc | Greensboro, NC | $6,500 | 1 | 1 | 2022 |
| Tiny House Community Development | Greensboro, NC | $6,500 | 1 | 1 | 2023 |
| Temple Emanuel | Greensboro, NC | $6,188 | 1 | 1 | 2022 |
| Family Service of the Piedmont Inc | Jamestown, NC | $6,000 | 1 | 1 | 2022 |
| Greensboro Airport Rotary Foundation Inc | Greensboro, NC | $6,000 | 1 | 1 | 2022 |
| Interactive Resource Center Inc | Greensboro, NC | $6,000 | 1 | 1 | 2022 |
| North Carolina Folk Festival | Greensboro, NC | $6,000 | 1 | 1 | 2023 |
| Carolina Aging Alliance Inc | Cary, NC | $5,250 | 1 | 1 | 2022 |
| Triad Honor Flight | Greensboro, NC | $5,025 | 1 | 1 | 2023 |
| Beth David Synagogue | Greensboro, NC | $5,000 | 1 | 1 | 2024 |
21 of 41 (51%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.
What kind of organizations it funds
By each recipient's own IRS classification, for the 31 of 41 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.
Giving by year
| Tax year | Grants reported | Total | Median grant |
|---|---|---|---|
| 2021 | 15 | $995,800 | $10,000 |
| 2022 | 32 | $971,976 | $10,000 |
| 2023 | 16 | $608,730 | $7,500 |
| 2024 | 10 | $507,500 | $10,000 |
Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.
Where its money goes
100% of its giving went to organizations in North Carolina. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.
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Funders that support the same organizations
These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.
How to approach this grantmaker
- Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
- Check you are its size. The median reported grant is $10,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
- Check you are in its geography. Its giving concentrates in North Carolina.
- Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.
Related guides
Where these numbers come from
Everything above is taken from Well-Spring Retirement Community Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred or estimated.
On its most recent return it told the IRS it made grants to 10 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.
Address of record on the latest return: 5603 New Garden Village Dr, Greensboro, NC, 27410.
EIN 56-1497371 · See the original filings on ProPublica · How we build this
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