GROUNDSWELL CAPITAL IS AN ARIZONA-BASED 501(C)3 NONPROFIT LENDER FOCUSED ON CREATING INNOVATIVE, BLENDED CAPITAL SOLUTIONS TO TACKLE OUR COMMUNITIES BIGGEST CHALLENGES AND INVEST IN A VIBRANT, CLEAN ECONOMY WHERE ALL RESIDENTS CAN PROSPER.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.2M
+224.5% YoY
Annual Giving
$304K
Grant Count
28
Avg Grant Size
$11K
About Groundswell Capital
Based on IRS filings
Groundswell Capital is a nonprofit organization focused on Housing & Shelter, based in TUCSON, AZ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 28 grants totaling $304K. Net investment income was $24K.
Focus Areas
Ready to take the next step with Groundswell Capital?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $3,202,901 | $986,986 |
| Revenue | $2,685,721 | $1,003,528 |
| Expenses | $1,014,310 | $583,739 |
| Qualifying Distributions | — | — |
| Net Investment Income | $23,826 | — |
| Distributable Amount | — | — |
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
28 grants across all recorded years
Open Grants
7 open opportunities from Groundswell Capital
[CREATE] Content With A Purpose Grant
GROUNDSWELL CAPITAL
Amount
Up to $2,000
Deadline
Rolling / Open
Good Energy Grant Fund
GROUNDSWELL CAPITAL
Amount
Up to $10,000
Deadline
Rolling / Open
Groundswell Growth Fund
GROUNDSWELL CAPITAL
Amount
Up to $10,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMBER CORDOBA | BOARD MEMBER | 1 | — |
| ANNE DOUGHTERY | BOARD MEMBER | 1 | — |
| MARK MANSFIELD | BOARD MEMBER | 1 | — |
| SANDRA BARTON | BOARD MEMBER | 1 | — |
| RITESH PATEL | BOARD MEMBER | 1 | — |
| MIGUEL CRUZ | BOARD MEMBER | 1 | — |
| DAVE DICOSOLA | VICE CHAIR | 2 | — |
| ROB TULL | TREASURER | 4 | — |
| ANGELO TORRELBA | SECRETARY | 1 | — |
| ANDREA THOMPSON | PRESIDENT | 20 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Groundswell Capital 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