Skip to content
Nonprofiteer
← GROUNDSWELL FUND

Form 990 for tax year 2022

Filed by GROUNDSWELL FUND.

Totals

Total revenue
$29,604,689
Total expenses
$20,741,164
Contributions and grants received
$29,279,065
Grants paid
$13,461,055
Program service revenue
$600
Investment income
$135,714
Other revenue
$189,310
Total assets, end of year
$53,772,714
Total liabilities, end of year
$5,066,868
Net assets or fund balances, end of year
$48,705,846
Program services expenses (Part IX)
$17,876,336
Management and general expenses
$1,872,114
Fundraising expenses
$992,714
Program service expenses (Part III)
$17,876,336

Program services were 86.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $29,279,065

  • 1g · Noncash contributions included above

    $2,816,388

  • 2a · Program service revenue: Honorarium/speaker fees

    total $600 · related or exempt $600

  • 3 · Investment income

    total $136,628 · excluded $136,628

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $1,853,549

  • 7b · Less cost or other basis and sales expenses

    securities $1,854,463

  • 7c · Gain or loss

    securities -$914

  • 7d · Net gain or loss

    total -$914 · excluded -$914

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Canceled grants payable

    total $119,310 · related or exempt $119,310

  • 11b · Other revenue: Settlement proceeds

    total $70,000 · related or exempt $70,000

  • 11e · Other revenue, total

    $189,310

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $13,461,055 · program services $13,461,055

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $942,580 · program services $524,207 · management and general $283,476 · fundraising $134,897

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $2,369,355 · program services $1,317,694 · management and general $712,572 · fundraising $339,089

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $1,438,287 · program services $726,075 · management and general $524,656 · fundraising $187,556

  • 10 · Payroll taxes

    total $263,048 · program services $146,292 · management and general $79,110 · fundraising $37,646

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $73,766 · program services $50,540 · management and general $15,904 · fundraising $7,322

  • 11c · Fees: accounting

    total $128,292 · management and general $128,292

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $53,750 · fundraising $53,750

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $459,673 · program services $379,589 · management and general $27,025 · fundraising $53,059

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $85,614 · program services $53,804 · management and general $20,486 · fundraising $11,324

  • 14 · Information technology

    total $192,849 · program services $119,886 · management and general $43,264 · fundraising $29,699

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $1,754 · program services $982 · management and general $509 · fundraising $263

  • 17 · Travel

    total $165,921 · program services $162,449 · management and general $594 · fundraising $2,878

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $57,608 · program services $38,022 · management and general $10,369 · fundraising $9,217

  • 23 · Insurance

    total $12,166 · program services $8,029 · management and general $2,190 · fundraising $1,947

  • 24a · Other expenses: Program technical assistance

    total $724,953 · program services $695,116 · management and general $14,275 · fundraising $15,562

  • 24b · Other expenses: Dues & subscriptions

    total $129,763 · program services $20,298 · management and general $5,547 · fundraising $103,918

  • 24c · Other expenses: Program other support

    total $98,794 · program services $98,328 · fundraising $466

  • 24d · Other expenses: Communications

    total $54,079 · program services $54,079

  • 24e · All other expenses

    total $27,857 · program services $19,891 · management and general $3,845 · fundraising $4,121

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,809,142 · end of year $5,196,486

  • 2 · Savings and temporary cash investments

    beginning of year $24,801,581 · end of year $33,923,500

  • 3 · Pledges and grants receivable

    beginning of year $11,406,099 · end of year $14,039,601

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $45,527 · end of year $57,144

  • 10a · Land, buildings and equipment: cost or other basis

    $226,279

  • 10b · Land, buildings and equipment: accumulated depreciation

    $179,749

  • 10c · Land, buildings and equipment, net

    beginning of year $49,672 · end of year $46,530

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    beginning of year $30,134 · end of year $5,054

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $96,908 · end of year $504,399

  • 17 · Accounts payable and accrued expenses

    beginning of year $400,909 · end of year $314,868

  • 18 · Grants payable

    beginning of year $1,351,500 · end of year $3,752,000

  • 25 · Other liabilities

    beginning of year $666,667 · end of year $1,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $19,982,750 · end of year $22,161,907

  • 28 · Net assets with donor restrictions

    beginning of year $19,837,237 · end of year $26,543,939

Mission and programs · 2022

Mission

gender non-conforming people. Our efforts strengthen reproductive and social justice by resourcing intersectional grassroots organizing and centering leadership of women of color-particularly black, indigenous, transgender and gender non-conforming.

Activities or mission (Part I)

Groundswell supports a stronger, more effective U.S. movement for reproductive justice by mobilizing new funding and capacity building resources to grassroots organizing and policy change efforts led to empower low income women, women of color, transgender people and (cont on pg 2)

  • GrantmakingGroundswell Fund supports organizations across the United States. Our grantmaking focuses on bolstering and scaling organizations that are building a grassroots base of support for reproductive justice (RJ) policy and systems change; on organizations that are reducing poor birthing outcomes by expanding access to community-based midwifery and doula care. We acknowledge that systems change takes time. Thus, the vast majority of our grants are for general support, and we commit to funding efficient and effective organizations over many years. We award grants through five funds and through our capacity building programs.

    Expenses $12,273,176 · Grants $10,471,055

  • Capacity BuildingThe underlying principle of our capacity-building work is that all programs are opt-in for grant partners, and organizations will not be required to participate in these programs to receive other grant support. Interested organizations may apply to be considered for specific capacity building programs, which currently include: (a) Integrated Civic Engagement, (b) Grassroots Organizing Institute, (c) Income Diversification, and (d) Organizational Development.

    Expenses $4,755,796 · Grants $2,990,000

  • Funder OrganizingWe explicitly center our giving on work led by women of color, particularly those who are Black, Indigenous, Transgender, and Gender Non-Conforming and do more to sustain and nourish our grantees: increasing resources for healing justice, organizational development, civic education, data management, legal support, and climate justice. We support groups who ask for our help to connect and build together across geographies and sectors, and create a stronger community for donors who want to deepen their engagement and learning.

    Expenses $847,364

As filed on the 2022 return.

Listed in Part VII

  • Sheena Johnson

    Interim Co ED

    Total calculated
    $312,343
    From this org
    $265,299
    From related orgs
    $0
    Other
    $47,044
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $265,299
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,362
    Nontaxable benefits
    $38,682
    Filer's total
    $312,343

  • Vanessa Daniel

    Former Executive Director

    Total calculated
    $255,829
    From this org
    $255,145
    From related orgs
    $0
    Other
    $684
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $255,145
    Bonus
    not reported
    Other
    not reported
    Deferred
    $684
    Nontaxable benefits
    not reported
    Filer's total
    $255,829

  • Meenakshi Menon

    Interim Co-ED

    Total calculated
    $251,523
    From this org
    $234,375
    From related orgs
    $0
    Other
    $17,148
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $234,375
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,000
    Nontaxable benefits
    $11,148
    Filer's total
    $251,523

  • Chanda Jones

    CFO

    Total calculated
    $239,405
    From this org
    $187,761
    From related orgs
    $0
    Other
    $51,644
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $187,761
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,708
    Nontaxable benefits
    $45,936
    Filer's total
    $239,405

  • Quanita Toffie

    Sr Director-Action

    Total calculated
    $231,640
    From this org
    $192,643
    From related orgs
    $0
    Other
    $38,997
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $192,643
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,885
    Nontaxable benefits
    $32,112
    Filer's total
    $231,640

  • Aileen Hammond

    Sr Dir Grantmaking

    Total calculated
    $196,560
    From this org
    $137,179
    From related orgs
    $0
    Other
    $59,381
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,179
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,801
    Nontaxable benefits
    $53,580
    Filer's total
    $196,560

  • Wen Brovold

    Dir Comms & Donor

    Total calculated
    $194,025
    From this org
    $147,125
    From related orgs
    $0
    Other
    $46,900
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $147,125
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,780
    Nontaxable benefits
    $42,120
    Filer's total
    $194,025

  • Victoria Mojarro

    Program Dir-GAF

    Total calculated
    $169,987
    From this org
    $135,994
    From related orgs
    $0
    Other
    $33,993
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $135,994
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,625
    Nontaxable benefits
    $28,368
    Filer's total
    $169,987

  • Julieta Garibay

    Sr Cap Bldg CoDir

    Total calculated
    $149,676
    From this org
    $140,281
    From related orgs
    $0
    Other
    $9,395
    Hours/week
    40

  • Yamani Hernandez

    Interim ExecDir

    Total calculated
    $34,760
    From this org
    $31,250
    From related orgs
    $0
    Other
    $3,510
    Hours/week
    38 + 2 related

  • Kimberly Inez McGuire

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Brook Kelly-Green

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Nicolle Gonzales

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Karen Grove

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Nse Ufot

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bamby Salcedo

    Director

    Total calculated
    $0
    Hours/week
    1

  • Holly Bartling

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kiyomi Fujikawa

    Director

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 September 2023
IRS schema version
2022v5.0
Source object
202302589349302255

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.