The Accel Foundation

Private foundation · Grantmaker Waverly, IA EIN: 20-8359918

The Accel Foundation is a private foundation based in Waverly, Iowa. It supports charitable organizations through grants; its 2025 grants included organizations working in human services, education, food assistance, housing, and community support.

The Accel Foundation at a glance

In short: The Accel Foundation gave $63K across 27 grants in 2025 (avg $2K), mostly in Iowa. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$62,717
+113.4% vs 2024
Grants made (2025)
27
-18.2% vs 2024
Average grant
$2,323
+160.8% vs 2024
Median grant
$1,063
Total assets
$90,043
-24.9% vs 2024
New grantees (estimate)
36% first-time grantees (9 of 25, 2025)
Primary geography
Iowa (84% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Accel Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 301 Oak Ridge Circle, Waverly, IA 50677
Phone: (319) 365-8611

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Accel Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Friends of the Family: $10KFriends of the Family$10KSleep in Heavenly Peace - DSM Chapter: $10KSleep in Heavenly Peace - DSMChapter$10KSleep in Heavenly Peace - Linn CO: $10KSleep in Heavenly Peace - LinnCO$10KLutheran Services in Iowa: $5KLutheran Services in Iowa$5KWartburg College: $5KWartburg College$5KWaverly Childcare: $5KWaverly Childcare$5KNortheast Iowa Food Bank: $4K across 2 grantsNortheast Iowa Food Bank$4K · 2 grantsCedar Rapids Community School Foundation: $3KCedar Rapids Community SchoolFoundation$3KWaypoint Services: $2KWaypoint Services$2KWillis Dady: $2K across 2 grantsWillis Dady$2K · 2 grants

The largest 2025 recipient was Friends of the Family ($10K). Together the top 10 received $54K.

Grant Size Distribution

193 grants across all recorded years

193<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 193 grants of 193 (100%).

Geographic Focus

Where this funder awards grants

In 2025, 84% of grant dollars went to recipients in Iowa and 16% to recipients in Arizona. The filing also reports 0% for Illinois.

Grant Distribution by State

6states

Share of 2025 grant dollars across all 27 itemized grants.

Cities

Cedar RapidsWaverlyWaterlooDes MoinesHiawathaMarionCedar FallsSaint CharlesSwisherIowa CityNorth LibertyAmesAnkenyUrbandaleBoys TownCenter PointChicagoHagerstownJohnstonMonticello

Is The Accel Foundation open to new grantees?

36%

first-time grantees, 2025

In 2025, 9 of 25 grantees (36%) were first-time recipients. First grants averaged $3K; repeat grants $2K. How we count

Medians: $1K first-time, $1K repeat.

  • 52% of 2025 grantees were also funded in 2024. Method
  • Giving grew 35% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF 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

$0$20K$40K$60K$80K49 grants2020 40 grants2021 48 grants2022 45 grants2023 33 grants2024 27 grants2025

From 2020 to 2025, annual grant giving ranged from $29K (2024) to $63K (2025). In 2025 it made 27 grants totaling $63K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Friends of the Family Waverly, IAGeneral Support$10,000
Sleep in Heavenly Peace - DSM Chapter Phoenix, AZGeneral Support$10,000
Sleep in Heavenly Peace - Linn CO Cedar Rapids, IAGeneral Support$10,000
Lutheran Services in Iowa Des Moines, IAGeneral Support - 160TH Anniv.$5,000
Wartburg College Waverly, IAGeneral Support$5,000
Waverly Childcare Waverly, IAGeneral Support$5,000
Cedar Rapids Community School Foundation Cedar Rapids, IAMcKinney-Vento Homeless Program Support$2,500
Northeast Iowa Food Bank Waterloo, IACapacity Campaign$2,500
Waypoint Services Cedar Rapids, IAGeneral Support$1,667
Willis Dady Cedar Rapids, IAHops for Housing Support$1,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$90,043$32,940$62,839$62,71727$62,739$3,490$6,224
2024$119,942$41,376$29,451$29,38833$29,428$5,077$5,905
2023$108,017$57,368$56,938$56,92545$56,938$2,814$6,035
2022$107,587$50,842$50,694$46,44348$50,575$1,204$6,336
2021$107,439$33,152$40,559$37,22840$40,193$1,214$5,997
2020$114,846$37,434$55,560$55,56049—$1,441$6,135

Under IRS private-foundation payout rules, The Accel Foundation reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated mission is to provide community support through volunteer and financial assistance to help improve quality of life in the areas it serves.

Its 2025 grantees illustrate the range of organizations supported. Lutheran Services in Iowa describes its mission as responding to the love of Jesus Christ through compassionate service. Wartburg College says it challenges and nurtures students for lives of leadership and service. Northeast Iowa Food Bank’s mission is to provide food to nonprofit organizations and individuals in northeast Iowa and offer hunger education. Other grantees include organizations whose stated missions involve children and families, crisis prevention, and organ and tissue donation.

Grantmaking

In 2025, the foundation reported 27 grants totaling $62,717. Individual grants ranged from $60 to $10,000, with a median of $1,063. Notable grants included $10,000 each to Friends of the Family, Sleep in Heavenly Peace – DSM Chapter, and Sleep in Heavenly Peace – Linn Co; and $5,000 each to Lutheran Services in Iowa, Wartburg College, and Waverly Childcare.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Jessica Bronson as president, Jessica Rhatigan as secretary, and Candace Graybill as treasurer.

The Accel Foundation is led by Jessica Bronson, President since 2021 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jessica Bronson

    President

    President-Elect → President, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Candace Graybill

    Treasurer

    On filings since 2020

    0.8 hrs/week

    No compensation reported

  • Jessica Rhatigan

    Secretary

    On filings since 2020

    0.8 hrs/week

    No compensation reported

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.

Frequently asked questions about The Accel Foundation

How much does The Accel Foundation give each year?

The Accel Foundation gave $63K across 27 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $29K across 33 grants.

What is The Accel Foundation's typical grant size?

The Accel Foundation's median grant in 2025 was $1,063, and its average grant was $2,323, across 27 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Accel Foundation that year got $3K on average.

Where does The Accel Foundation give grants?

The Accel Foundation gives mostly in Iowa: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Arizona (16%). The most frequent recipient cities were Cedar Rapids, IA (12 grants), Waverly, IA (5 grants), Waterloo, IA (3 grants) and Des Moines, IA (2 grants).

Does The Accel Foundation give general operating support?

Yes: 44% of The Accel Foundation's 2025 grants with a stated purpose (12 of 27) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Fundraiser Support" (3 grants).

Who are The Accel Foundation's largest grantees?

The Accel Foundation's largest 2025 grantees include Friends of the Family ($10,000), Sleep in Heavenly Peace - DSM Chapter ($10,000) and Sleep in Heavenly Peace - Linn CO ($10,000), according to its 2025 IRS Form 990-PF. Together they received 48% of its itemized 2025 grant dollars.

How large is The Accel Foundation?

The Accel Foundation reported $90K in total assets on its 2025 IRS Form 990-PF. It paid out $63K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

What does The Accel Foundation fund?

The foundation’s stated mission is to provide community support through volunteer and financial assistance to help improve quality of life in the areas it serves. See mission & focus areas ↑

How do I apply for a grant from The Accel Foundation?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Accel Foundation's EIN?

The Accel Foundation's EIN (Employer Identification Number) is 20-8359918. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Accel Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 17, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 20, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 2, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)

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Cite this profile

Grantable. (2026). The Accel Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-accel-foundation-morg_09f480954ba44cb89a5cdfd238d7140d

BibTeX
@misc{grantable_208359918_2026,
  author       = {{Grantable}},
  title        = {{The Accel Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-accel-foundation-morg_09f480954ba44cb89a5cdfd238d7140d},
  note         = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The Accel Foundation'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.

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