The Accel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $120K in total assets. In 2024, it awarded 33 grants totaling $29K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$120K
+11.0% YoY
Annual Giving
$29K
-48.4% YoY
Grant Count
33
-26.7% YoY
Avg Grant Size
$890.545
-29.6% YoY
Under IRS private-foundation payout rules, The Accel Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About The Accel Foundation
Based on IRS filings
The Accel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $120K in total assets. In 2024, it awarded 33 grants totaling $29K. Net investment income was $5K.
Focus Areas
Ready to take the next step with The Accel Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $119,942 | $108,017 | $107,587 |
| Revenue | $41,376 | $57,368 | $50,842 |
| Expenses | $29,451 | $56,938 | $50,694 |
| Qualifying Distributions | $29,428 | $56,938 | $50,575 |
| Net Investment Income | $5,077 | $2,814 | $1,204 |
| Distributable Amount | $5,905 | $6,035 | $6,336 |
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
215 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cedar Valley Hospice ($5,000), Wartburg College ($3,000), Lutheran Services in Iowa ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICANS FOR INDEPENDENT LIVING WATERLOO, IA | BRONZE SPONSOR | $500 |
| CEDAR FALLS COMMUNITY FOUNDATION CEDAR FALLS, IA | DOLLY PARTON'S IMAGINATION LIBRARY | $1,000 |
| CEDAR RAPIDS COMMUITY CANCER CENTER FOUNDATION CEDAR RAPIDS, IA | HOPE BLOOMS - DAFFODILS | $135 |
| CEDAR RAPIDS COMMUNITY SCHOOL FOUNDATION CEDAR RAPIDS, IA | GENERAL SUPPORT DONATION | $500 |
| CEDAR RAPIDS PUBLIC LIBRARY FOUNDATION CEDAR RAPIDS, IA | DOLLY PARTON'S IMAGINATION LIBRARY | $1,000 |
| CEDAR VALLEY HOSPICE WATERLOO, IA | GENERAL SUPPORT DONATION | $5,000 |
| CHILDSERVE FOUNDATION INC JOHNSTON, IA | GENERAL SUPPORT DONATION | $565 |
| CHRISTIAN COMMUNITY DEVELOPMENT - HOUSE OF HOPE WATERLOO, IA | GENERAL SUPPORT DONATION | $1,000 |
| CHRISTIAN COMMUNITY DEVELOPMENT - HOUSE OF HOPE WATERLOO, IA | WHITE CHRISTMAS DINNER DONATION | $500 |
| DES MOINES FOOD BANK DES MOINES, IA | GENERAL SUPPORT DONATION | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESSICA BRONSON | PRESIDENT | 2 | — |
| JESSICA RHATIGAN | SECRETARY | 0.75 | — |
| CANDACE GRAYBILL | TREASURER | 0.75 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Accel Foundation?
The Accel Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, IA. It holds $120K in total assets as of 2024.
How large is The Accel Foundation?
As of 2024, The Accel Foundation holds $120K in total assets with $41K in annual revenue. It awarded 33 grants totaling $29K in 2024.
Where does The Accel Foundation operate?
The Accel Foundation has awarded grants in District of Columbia, Iowa, Maryland, Nebraska.
What size grants does The Accel Foundation award?
In 2024, The Accel Foundation awarded 33 grants totaling $29K — an average of about $890.545 per grant, based on its IRS Form 990 filings.
How much is The Accel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Accel Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Accel Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Main Street Fort Dodge Inc
FORT DODGE, IA
Assets
$315K
Grants
1
Total Given
$25K
John & Beverly Anderson Charitable Trust
VINTON, IA
Assets
—
Grants
18
Total Given
$22K
Daniel J & Ann L Krumm Charitable Trus
AMES, IA
Assets
—
Grants
21
Total Given
$228K
Barbara Jean Couturier Charitable T
DAVENPORT, IA
Assets
—
Grants
0
Total Given
—
Change Happens Foundation
URBANDALE, IA
Assets
$17.8M
Grants
12
Total Given
$255K
The Joseph Andres Family Foundation
OKOBOJI, IA
Assets
—
Grants
6
Total Given
$7K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Accel 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
Go from researching The Accel Foundation to a real strategy.