Groundswell Capital

In filing year 2025, Groundswell Capital reported 11 grants totaling $147,500. Grant amounts ranged from $6,000 to $25,000, with a median of $10,000. All reported grant dollars went to Arizona recipients. The stated purpose for most of the listed awards was to support small businesses and entrepreneurs in Tucson’s Rio Nuevo district.

The largest reported awards were $25,000 to Scented Leaf Tea House, $20,000 to Dolce Pastello Cakes, $18,500 to White File LLC, and $15,000 each to Danny’s Downtown Barber and Urban Pita LLC. Other listed awards ranged from $6,000 to $10,000.

The organization’s website lists three active Tucson grant funds under the Transform Tucson: Changemakers Grant Program: the Good Energy Grant Fund, offering up to $10,000 per small business for clean-energy improvements; the Groundswell Seed Fund, offering up to $5,000 for aspiring entrepreneurs and startups; and the Groundswell Growth Fund, offering up to $10,000 for established small businesses ready to grow. The listed eligible uses include clean-energy equipment and improvements, startup costs, equipment, technology, and expansion.

Groundswell Capital’s 2024 filing says it receives pass-through grant funding from other organizations and uses it to distribute community grants. It describes its role as potentially including marketing opportunities, reviewing applications, disbursing awards, and tracking grant activity. These funds received by Groundswell are distinct from the grants it reports giving.