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GROUNDSWELL CHARITABLE FOUNDATION DAF sponsor

2024 · Form 990 · revenue $11.9M · expenses $4.6M · assets $11.0M

EIN
87-1530516
Address
880 APOLLO ST STE 246, EL SEGUNDO, CA 90245-4782
Website
WWW.GROUNDSWELLCHARITABLE.FOUNDATION
NTEE code
T30
Subsection
501(c)(3)
Ruling year
2021
Donor-advised funds
Sponsor: its returns say it maintains donor-advised funds (latest tax year 2024). Figures by year
Cross-check
ProPublica Nonprofit Explorer

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.

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

No one listed on these returns was paid.

Unpaid officers and directors · 6 people
NameLatest titleYearsOrganizations
Adam Miller SECRETARY2022-2024 3
Joe Marchese TREASURER2022-2024 2
Jake Wood PRESIDENT & DIRECTOR2022-2024 3
Shawn Beidler DIRECTOR2024 1
Julie Brandt DIRECTOR2022-2024 1
Sean Beidler (former) DIRECTOR2022-2023 1

People by year

2024 · 5 people listed · none paid · 0 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JAKE WOOD PRESIDENT & DIRECTOR2 $0$0$0 $03
JOE MARCHESE TREASURER2 $0$0$0 $02
ADAM MILLER SECRETARY2 $0$0$0 $03
SHAWN BEIDLER DIRECTOR2 $0$0$0 $01
JULIE BRANDT DIRECTOR2 $0$0$0 $01
2023 · 5 people listed · none paid · 0 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JAKE WOOD PRESIDENT & DIRECTOR2 $0$0$0 $03
JOE MARCHESE TREASURER2 $0$0$0 $02
ADAM MILLER SECRETARY2 $0$0$0 $03
SEAN BEIDLER DIRECTOR2 $0$0$0 $01
JULIE BRANDT DIRECTOR2 $0$0$0 $01
2022 · 5 people listed · none paid · 0 employees · 5 volunteers
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
JAKE WOOD PRESIDENT & DIRECTOR2 $0$0$0 $03
JOE MARCHESE TREASURER2 $0$0$0 $02
ADAM MILLER SECRETARY2 $0$0$0 $03
SEAN BEIDLER DIRECTOR2 $0$0$0 $01
JULIE BRANDT DIRECTOR2 $0$0$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 56 grants to organizations · $1.8M

Listed grants add up to $1,814,318; the return's “grants paid” expense line says $4,463,378. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2023 · 20 grants to organizations · $470K

Listed grants add up to $470,213; the return's “grants paid” expense line says $2,482,500. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2022 · 11 grants to organizations · $1.4M

Listed grants add up to $1,444,791; the return's “grants paid” expense line says $1,558,692. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Grants received from DAF sponsors and foundations

13 grants to this organization reported by other filers, $2,634,377 in all. Schedule I grants are matched by the EIN the grantor reported; 990-PF grants list no EIN, so those are matched by exact name and state. Grantor type: private foundation (990-PF), DAF sponsor (answered yes to maintaining donor-advised funds that year), or other public charity. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

YearGrantorGrantor typeAmountPurposeMatched byFiling
2025INGREDION CHARITABLE FOUNDATIONPrivate foundation $300,000Manages Donor-Advised Funds empowers philanthropy by connecting companies and individuals with charitable causes.name and state view
2025GQG PARTNERS COMMUNITY EMPOWERMENT FOUNDATIONPrivate foundation $130,000GENERAL SUPPORTname and state view
2025LORI AND MICHAEL NASH FOUNDATIONPrivate foundation $25,000PROGRAM SUPPORTname and state view
2024WAVERLEY STREET FOUNDATIONPrivate foundation $375,000General Operating Supportname and state view
2024GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INCDAF sponsor $250,000COMMUNITY & HUMAN SERVICESein view
2024FIDELITY INVESTMENTS CHARITABLE GIFT FUNDDAF sponsor $27,000For grant recipient's exempt purposesein view
2024MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INCDAF sponsor $20,000UNRESTRICTED GENERAL SUPPORTein view
2024PANORAMA GLOBALDAF sponsor $14,250PROJECT FUNDein view
2024ROSE COMMUNITY FOUNDATIONDAF sponsor $8,127General operating supportein view
2023GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INCDAF sponsor $150,000COMMUNITY & HUMAN SERVICESein view
2023ROSE COMMUNITY FOUNDATIONDAF sponsor $25,000Employee matching programein view
2023MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INCDAF sponsor $10,000UNRESTRICTED GENERAL SUPPORTein view
2022GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INCDAF sponsor $1,300,000COMMUNITY & HUMAN SERVICESein view

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990 period ending 2024-12-31 · amended · view filing · original 990 ↗
$11,890,610$4,621,910 $11,049,807$10,531,581 $11,750,787$0 $005
2024 · Form 990 period ending 2024-12-31 · superseded · view filing · original 990 ↗
$11,890,610$4,621,910 $11,049,807$10,531,581 $11,750,787$0 $005
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
$4,931,666$2,672,690 $3,748,833$3,262,881 $4,860,615$0 $005
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
$2,782,421$1,778,516 $1,235,867$1,003,905 $2,780,608$0 $005

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $4,621,910 spent · pay $102,261 · grants $4,463,378 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $4,463,378$4,463,378-- 96.6%
Other salaries and wages $79,779$67,812$7,978$3,989 1.7%
Other (as described)BANK FEES $43,271-$43,271- 0.9%
Other employee benefits $22,482$19,110$2,248$1,124 0.5%
Fees: accounting $13,000-$13,000- 0.3%
Total$4,621,910100%

View the filing

2023 · Form 990 · $2,672,690 spent · pay $126,821 · grants $2,482,500 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $2,482,500$2,482,500-- 92.9%
Other salaries and wages $125,049$106,292$12,505$6,252 4.7%
Other (as described)BANK FEES $36,188-$36,188- 1.4%
Fees: legal $22,314$22,314-- 0.8%
Fees: other services $4,867$4,137$487$243 0.2%
Other employee benefits $1,772$1,506$177$89 0.1%
Total$2,672,690100%

View the filing

2022 · Form 990 · $1,778,516 spent · pay $145,231 · grants $1,558,692 · events $0
LineAs describedTotalProgramManagementFundraisingShare
Grants to US organizations and governments $1,558,692$1,558,692-- 87.6%
Other salaries and wages $140,649$119,552$14,065$7,032 7.9%
Fees: legal $42,560$42,560-- 2.4%
Other (as described)BANK FEES $20,975-$20,975- 1.2%
Fees: other services $11,058$9,399$1,106$553 0.6%
Other employee benefits $4,582$3,895$458$229 0.3%
Total$1,778,516100%

View the filing

Donor-advised funds

Donors to individual donor-advised funds are not public. These filings show what the sponsor reports, not who gave.

As reported on Schedule D Part I (and the Form 990 Part IV question “did the organization maintain donor advised funds”). Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Maintains DAFsDAFs heldContributionsGrantsValue at year endOther funds heldOther contributionsOther grantsOther value at year end
2024 · Form 990 view filing
No 12,808$9,691,912-$10,084,314 5--$465,493