Groundswell Fund
Groundswell Fund practices solidarity with U.S. movements for bodily autonomy by redistributing wealth to build care-based, grassroots networks for a multi-racial feminist democracy
Groundswell Fund at a glance
In short: Groundswell Fund gave $11.8M across 130 grants in 2025 (avg $90K), top state California. 5% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $11,752,000
- -33.0% vs 2024
- Grants made (2025)
- 130
- -39.8% vs 2024
- Average grant
- $90,400
- +11.3% vs 2024
- Median grant
- $75,000
- Total assets
- $25,416,530
- -30.5% vs 2024
- New grantees (estimate)
- 5% first-time grantees (6 of 130, 2025)
- Primary geography
- California (21% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Groundswell Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Proteus Fund ($400K). Together the top 10 received $2.4M.
Grant Size Distribution
922 grants across all recorded years
The most common grant size was under $50K: 342 grants of 922 (37%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 130 itemized grants.
States
Cities
Is Groundswell Fund open to new grantees?
5%
first-time grantees, 2025
In 2025, 6 of 130 grantees (5%) were first-time recipients. First grants averaged $60K; repeat grants $92K. How we count
Medians: $63K first-time, $75K repeat.
- 91% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−12%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $11.8M (2025) to $17.5M (2024). In 2025 it made 130 grants totaling $11.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Proteus Fund New York, NY | Program Support | $400,000 |
| Tides Center San Francisco, CA | Program Support | $295,000 |
| Bold Futures NM Albuquerque, NM | Program Support | $255,000 |
| Amalgamated Charitable Fo Washington, DC | Program Support | $250,000 |
| Commonsense Childbirth Inc Winter Garden, FL | Program Support | $225,000 |
| Miami Workers Center Miami, FL | Program Support | $220,000 |
| Movement Strategy Center Oakland, CA | Program Support | $220,000 |
| Take Birmingham, AL | Program Support | $207,000 |
| Mujeres Unidas y Activas San Francisco, CA | Program Support | $205,000 |
| Access Philanthropy Charities Minneapolis, MN | Program Support | $170,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $25,416,530 | $13,282,655 | $22,565,704 | $11,752,000 | 130 | $604,443 |
| 2024 | $36,554,170 | $22,115,419 | $30,180,367 | $17,546,086 | 216 | $1,102,928 |
| 2023 | $45,207,953 | $18,645,193 | $24,372,876 | $14,137,385 | 208 | $634,184 |
| 2022 | $53,772,714 | $29,604,689 | $20,741,164 | $13,304,255 | 199 | $135,714 |
| 2021 | $42,239,063 | $24,343,616 | $18,544,605 | $12,269,010 | 169 | $43,267 |
| 2020 | $37,022,960 | $29,691,752 | $16,400,164 | $11,877,109 | 162 | $55,587 |
About Groundswell Fund
Based on IRS filings
Groundswell Fund is a public charity, based in San Francisco, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $25.4M in total assets. In 2025, it awarded 130 grants totaling $11.8M. Net investment income was $604K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Groundswell Fund is led by Yamani Hernandez, CEO since 2023 (on filings since 2022); 7 of 16 officers listed in 2025 are compensated.
Officers on the 2025 filing
Yamani Hernandez
CEO
Interim Execdir → CEO, 2023
On filings since 2022
40 hrs/week
$31K (2022) → $372K (2025)
Kimberly Inez McGuire
Chair
On filings since 2021
1 hr/week
No compensation reported
Julieta Garibay
Senior Director Cap Bldg
Senior Cap Bldg Codir → Senior Director Cap Bldg, 2025
On filings since 2021
40 hrs/week
$130K (2021) → $220K (2025)
Angella Bellota
Director-Fnd Relat
Director Funder Organiz → Director-Fnd Relat, 2025
On filings since 2023
40 hrs/week
$193K (2023) → $239K (2025)
Bamby Salcedo
Director
On filings since 2021
1 hr/week
No compensation reported
Bipasha Ray
Director
New on the 2025 filing
1 hr/week
No compensation reported
Inga Skippings
Director
New on the 2025 filing
1 hr/week
No compensation reported
Monique Mehta
Director
New on the 2025 filing
1 hr/week
No compensation reported
Chanda Jones
CFO
On filings since 2021
40 hrs/week
$150K (2021) → $216K (2025)
Lorena Gamboa-Martin
Chief of Staff
On filings since 2023
40 hrs/week
$174K (2023) → $237K (2025)
Krystal Kwong
Ops Manager Cap Bldg
New on the 2025 filing
40 hrs/week
$207K (2025)
Naa Amissah-Hammond
Chief Strategy Ofr
New on the 2025 filing
40 hrs/week
$229K (2025)
Karen Grove
Secretary
Director → Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Holly Bartling
Vice Chair
Director → Vice Chair, 2024
On filings since 2022
1 hr/week
No compensation reported
Amber Banks
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Kheira Issaoui-Mansouri
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (26)
- Former: Nicolle Gonzales (2020–2024) — Treasurer
- Former: Quanita Toffie (2020–2024) — Executive Director Action Fund
- Former: Nse Ufot (2021–2024) — Director
- Former: Naa Hammond (2023–2024) — Chief Strategy Ofr
- Former: Angelique Green (2024) — Chief Advanc Offcr
- Former: Jazmin Edwards (2024) — Senior Hr & Ops Manager
- Former: Sherie Salter-Reid (2024) — Finance Director
- Former: Brook Kelly-Green (2020–2023) — Vice Chair
- Former: Meenakshi Menon (2020–2023) — Former Interim Executive Director
- Former: Wen Brovold (2022–2023) — Director Comms & Donor
- Former: Bre Rivera (2023) — Progm Director Btf
- Former: Laura Nixon (2023) — Director
- Former: Kiyomi Fujikawa (2020–2022) — Director
- Former: Vanessa Daniel (2020–2022) — Former Executive Director
- Former: Sheena Johnson (2021–2022) — Interim Co Executive Director
- Former: Aileen Hammond (2022) — Senior Director Grantmaking
- Former: Victoria Mojarro (2022) — Program Dir-Gaf
- Former: Amanda Coslor (2020–2021) — Treasurer
- Former: Jamia Wilson (2020–2021) — Director
- Former: Jihan Gearon (2020–2021) — Vice Chair
- Former: Judy Thomas (2020–2021) — CFO
- Former: Rocio L Cordoba JD (2020–2021) — Chair
- Former: Tara Ellison (2020–2021) — Deputy Director
- Former: Alexandra D. Delvalle (2020) — Senior Director of Special Projects
- Former: Beverly Avery (2020) — It Director
- Former: Lanita Morris (2020) — Senior Program Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $372K, to Yamani Hernandez (CEO). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Groundswell Fund
How much does Groundswell Fund give each year?
Groundswell Fund gave $11.8M across 130 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $17.5M across 216 grants.
What is Groundswell Fund's typical grant size?
Groundswell Fund's median grant in 2025 was $75,000, and its average grant was $90,400, across 130 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Groundswell Fund that year got $60K on average.
Where does Groundswell Fund give grants?
Groundswell Fund's top state is California, with 21% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were New York (12%) and Florida (7%). The most frequent recipient cities were New York, NY (11 grants), Oakland, CA (9 grants), Atlanta, GA (8 grants) and Chicago, IL (7 grants).
Does Groundswell Fund give general operating support?
Not in 2025: none of the 130 grants with a stated purpose on Groundswell Fund's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (130 grants).
Who are Groundswell Fund's largest grantees?
Groundswell Fund's largest 2025 grantees include Proteus Fund ($400,000), Tides Center ($295,000) and Bold Futures NM ($255,000), according to its 2025 IRS Form 990. Together they received 8% of its itemized 2025 grant dollars.
How large is Groundswell Fund?
Groundswell Fund reported $25.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $13.3M.
What is Groundswell Fund's EIN?
Groundswell Fund's EIN (Employer Identification Number) is 47-4003615. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 23, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS September 18, 2026)
Live grants for the work Groundswell Fund funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Groundswell Fund's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Groundswell Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Groundswell Fund down — hundreds of funders to go?