Groundswell Action Fund
- Assets
- $5.6m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2022
- EIN
- 82-1172119
Organization Overview
Groundswell Action Fund is located in San Francisco, CA. Groundswell Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Groundswell Action Fund generated $5.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.1% each year . All expenses for the organization totaled $4.5m during the year ending 12/2022. While expenses have increased by 28.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Groundswell Action Fund has awarded 238 individual grants totaling $17,245,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GROUNDSWELL ACTION FUND PROVIDES AN EASY WAY FOR INDIVIDUAL DONORS TO RESOURCE THE STRONGEST 501(C)(4) GRASSROOTS ORGANIZING AND BASE BUILDING EFFORTS LED BY WOMEN OF COLOR, LOW-INCOME WOMEN, TRANSGENDER PEOPLE AND GENDER NON-CONFORMING PEOPLE ACROSS THE UNITED STATES TO BUILD POLITICAL POWER THROUGH CIVIC ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROUNDSWELL ACTION FUND MAKES GRANTS AND PROVIDES STAFF TECHNICAL ASSISTANCE TO NONPROFIT ORGANIZATIONS AND MOVEMENT LEADERS WHO ARE PAVING THE ROAD TO LIBERATION AND HARNESSING A BROADER STRATEGY OF TRANSFORMATION AND POWER BUILDING THROUGH CIVIC ENGAGEMENT. WHILE WE, AND OUR GRANTEE PARTNERS, UNDERSTAND THE IMPORTANCE OF WINNING POLICY FIGHTS, THE LONG-TERM PRIZE IS CREATING AND SUSTAINING A TRULY INCLUSIVE, PARTICIPATORY DEMOCRACY WITH LEADERS WHO COME FROM AND REFLECT OUR COMMUNITIES AND ARE ROOTED IN PROGRESSIVE VALUES OF INTERCONNECTEDNESS, STRUCTURAL INCLUSION, AN ECONOMY FOR THE COMMON GOOD, AND LIBERATION.
GROUNDSWELL ACTION FUND PARTICIPATES ACTIVELY IN 10 DONOR NETWORKS, IN AN EFFORT TO EDUCATE FUNDERS ABOUT THE REPRODUCTIVE JUSTICE MOVEMENT AND TO RAISE THE VISIBILITY OF OUR GRANTEES. STAFF MAKE PRESENTATIONS AT DOZENS OF MEETINGS AND EVENTS ANNUALLY, AND REGULARLY HOST EDUCATIONAL EVENTS FOR THE PHILANTHROPIC COMMUNITY, TO UPLIFT GRANTEES AND TO CREATE OPPORTUNITIES FOR THEM TO BUILD RELATIONSHIPS WITH FUNDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheena Johnson Interim Co Ed | Officer | 3 | $0 |
Vanessa Daniel Former Executive Director | 0 | $0 | |
Meenakshi Menon Interim Co Ed | Officer | 3.5 | $0 |
Chanda Jones CFO | Officer | 2 | $0 |
Quanita Toffie Senior Director-Action Fund | 40 | $0 | |
Aileen Hammond Sr Dir Grantmaking | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,871,860 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,871,860 |
| Total Program Service Revenue | $0 |
| Investment income | $3,149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,875,009 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,780,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $300,203 |
| Compensation of current officers, directors, key employees. | $120,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $88,373 |
| Payroll taxes | $22,088 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,113 |
| Fees for services: Accounting | $17,871 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,082 |
| Advertising and promotion | $0 |
| Office expenses | $2,079 |
| Information technology | $13,260 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,000 |
| Insurance | $4,949 |
| All other expenses | $4,693 |
| Total functional expenses | $4,478,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,624,523 |
| Savings and temporary cash investments | $919,370 |
| Pledges and grants receivable | $1,065,102 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,553 |
| Net Land, buildings, and equipment | $29,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,641,048 |
| Accounts payable and accrued expenses | $4,500 |
| Grants payable | $110,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $504,400 |
| Total liabilities | $618,900 |
| Net assets without donor restrictions | $3,413,815 |
| Net assets with donor restrictions | $1,608,333 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,641,048 |
Grants Awarded
Over the last fiscal year, Groundswell Action Fund has awarded $3,780,000 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR YOUTH ACTION PURPOSE: Program Support | $95,000 |
ASIAN AMERICAN ADVOCACY FUND PURPOSE: Program Support | $130,000 |
API POLITICAL ALLIANCE PURPOSE: Program Support | $70,000 |
APEN ACTION PURPOSE: Program Support | $60,000 |
BLACK VOTERS MATTER FUND PURPOSE: Program Support | $155,000 |
BLACK WOMEN FOR WELLNESS AF PURPOSE: Program Support | $70,000 |