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← GROUNDSWELL CHARITABLE FOUNDATION

Form 990 for tax year 2024

Filed by GROUNDSWELL CHARITABLE FOUNDATION.

What the amendment changed

Compared with the return it replaced , filed 17 November 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$11,890,610
Total expenses
$4,621,910
Contributions and grants received
$11,750,787
Grants paid
$4,463,378
Program service revenue
$0
Investment income
$139,823
Other revenue
$0
Total assets, end of year
$11,049,807
Total liabilities, end of year
$518,226
Net assets or fund balances, end of year
$10,531,581
Program services expenses (Part IX)
$4,550,300
Management and general expenses
$66,497
Fundraising expenses
$5,113
Program service expenses (Part III)
$4,550,300

Program services were 98.5% 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

    $11,750,787

  • 3 · Investment income

    total $139,823 · excluded $139,823

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,463,378 · program services $4,463,378

  • 7 · Other salaries and wages

    total $79,779 · program services $67,812 · management and general $7,978 · fundraising $3,989

  • 9 · Other employee benefits

    total $22,482 · program services $19,110 · management and general $2,248 · fundraising $1,124

  • 11c · Fees: accounting

    total $13,000 · management and general $13,000

  • 24a · Other expenses: BANK FEES

    total $43,271 · management and general $43,271

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,748,833 · end of year $10,549,807

  • 3 · Pledges and grants receivable

    end of year $500,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,733 · end of year $44,349

  • 25 · Other liabilities

    beginning of year $435,219 · end of year $473,877

  • 27 · Net assets without donor restrictions

    beginning of year $3,262,881 · end of year $10,531,581

Mission and programs · 2024

Mission

TO EMPOWER MODERN PHILANTHROPISTS WITH THE TOOLS THEY NEED TO BUILD BRIDGES BETWEEN COMPANIES AND NONPROFITS TO FOSTER SMART PHILANTHROPY FOR MAXIMUM IMPACT TO CHARITABLE CAUSES.

  • IN 2024, THE GROUNDSWELL CHARITABLE FOUNDATION RECEIVED $11,750,787 IN CONTRIBUTIONS, AND DISBURSED $4,463,378 IN GRANTS AT THE ADVICE OF DONORS. OVER 26,000 INDIVIDUAL GRANTS WERE MADE, CONSTITUTING APPROXIMATELY 4,850 UNIQUE NONPROFIT RECIPIENTS. THE TOP FIVE NONPROFITS (BY NUMBER OF GRANTS) WERE: US VENTURE ACT FUND, KENYA WORKS, UNITED WAY FOX CITIES, AMERICAN NATIONAL RED CROSS, AND ST. JUDE CHILDREN'S RESEARCH HOSPITAL.

    Expenses $4,550,300 · Grants $4,463,378

As filed on the 2024 return.

Listed in Part VII

  • Jake Wood

    PRESIDENT & DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joe Marchese

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Adam Miller

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Shawn Beidler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Julie Brandt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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.

Grants on this return

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

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • GROUNDSWELL GIVING INC

    C · DEVELOPER AND OPERATOR OF PROPRIETARY SOFTWARE PLATFORM. · CA

Provenance

Return type
form_990
Tax year
2024
Filed
28 January 2026
IRS schema version
2024v5.5
Source object
202640289349301029

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.