Greenstate Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$543K
+251.1% YoY
Annual Giving
$876K
-37.9% YoY
Grant Count
62
-70.5% YoY
Avg Grant Size
$14K
+110.5% YoY
Mission & Focus Areas
The foundation's vision is to provide communities with solutions to improve financial education, address the shortage of affordable housing, and protect the health of children.
Primary Funding Areas:
Financial Education — Equitable projects and programs that help individuals develop the skills, experience, and knowledge to make informed financial decisions and demonstrate fiscally responsible behavior.
Housing — Initiatives addressing affordable housing shortages, recognizing that stable homeownership is foundational to family wellbeing and participation in economic opportunity.
Childhood Healthcare — Organizations providing direct or supportive services to improve the mental and physical health of youth.
The foundation emphasizes the importance of exploring mindsets around money and financial wellness, recognizing that perspectives on finances are shaped by family, community, and cultural contexts.
Grantmaking
Grant Range
$5,000
Review Cycle
January 9, April 10, July 3, and October 9
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation distributes grants to organizations in Iowa and Illinois.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $543,000 (as of 2024)
- Annual Income: $1.3 million
- Asset Growth: Increased from $16,000 in 2022 to $543,000 in 2024
- Tax Status: IRS ruling year 2023; contributions are tax-deductible
- EIN: 88-0616839
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $542,650 | $154,547 | $15,987 |
| Revenue | $1,300,150 | $1,603,866 | $827,440 |
| Expenses | $751,214 | $1,489,637 | $1,112,286 |
| Qualifying Distributions | $924,576 | $1,466,023 | $811,453 |
| Net Investment Income | — | — | — |
| Distributable Amount | $41,207 | $8,434 | $10,033 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
150 grants across all recorded years
Open Grants
1 open opportunity from Greenstate Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by 8 officers and trustees. The principal officer is listed as the Legal Department.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TARA WACHENDORF | PRESIDENT | 1 | — |
| LYNSEY ENGELS | CHAIR | 1 | — |
| FRANK LONA | VICE-CHAIR | 1 | — |
| ROBIN BOUDREAU | SECRETARY | 1 | — |
| JILL BAKER | TREASURER | 1 | — |
| JASMINE ALMOAAYED | DIRECTOR | 1 | — |
| KINGSLEY BOTCHWAY | DIRECTOR | 1 | — |
| JORDAN MONTGOMERY | DIRECTOR | 1 | — |
Contact Information
Address: PO Box 800, North Liberty, IA 52317
Phone: (319) 248-5865
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Greenstate Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities