The Cambridge Foundation Inc

Foundation · Grantmaker Fairfield, IA EIN: 47-2457466

The Cambridge Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Fairfield, IA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 87 grants totaling $63K.

Key facts about The Cambridge Foundation Inc

EIN
47-2457466
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$63,265
Grants made (2025)
87
Average grant
$727
Median grant
$50
New grantees (estimate)
58% first-time grantees (34 of 59, 2025)
Primary geography
Iowa (44% of itemized 2025 grant dollars)

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

Who The Cambridge Foundation Inc funds

By grant dollars, the top recipient states for The Cambridge Foundation Inc's 87 itemized 2025 grants were Iowa (44%), District of Columbia (35%) and Virginia (7%). The most frequent recipient cities were Fairfield, IA (18 grants), Dallas, TX (16 grants), Richmond, VA (10 grants) and Naperville, IL (3 grants). 91% of grants with a stated purpose were for general or operating support. Recurring purposes include "Scholarship Fund Support" (3 grants).

Is The Cambridge Foundation Inc open to new grantees?

58%

first-time grantees, 2025

In 2025, 34 of 59 grantees (58%) were first-time recipients. First grants averaged $1K; repeat grants $525. How we count

Medians: $500 first-time, $100 repeat.

  • 27% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+1%). Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$63K

+12.9% YoY

Grant Count

87

+40.3% YoY

Avg Grant Size

$727.184

-19.6% YoY

About The Cambridge Foundation Inc

Based on IRS filings

The Cambridge Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Fairfield, IA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 87 grants totaling $63K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

34states

Share of all 87 itemized 2025 grant dollars.

Cities

FairfieldDallasWashingtonDes MoinesNapervilleKansas CityNew YorkRichmondChicagoIowa CityBlue IslandMount PleasantOttumwaAtlantaPackwoodRye BrookWest Des MoinesYoung HarrisArlingtonCedar Rapids

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12019202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2021 (received by the IRS August 29, 2022)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$63K$95K$126K64 grants201947 grants202053 grants202153 grants202249 grants202362 grants202487 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Luke's Wings: $22KLuke's Wings$22KJefferson County Little League: $4KJefferson County Little League$4K1ST Fridays Art Walk of Fairfield Inc: $3K1ST Fridays Art Walk ofFairfield Inc$3KFriends of SBL: $3KFriends of SBL$3KLiberty University: $3KLiberty University$3KTenco Foundation Inc: $3KTenco Foundation Inc$3KUniversity of Northern Iowa: $3KUniversity of Northern Iowa$3KDuet Partners in Health & Aging: $2KDuet Partners in Health &Aging$2KMain Street Fairfield: $2KMain Street Fairfield$2KFood Bank of Iowa: $2K across 2 grantsFood Bank of Iowa$2K · 2 grants

Grant Size Distribution

304 grants across all recorded years

304<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Luke's Wings ($21,940), Jefferson County Little League ($4,000), 1ST Fridays Art Walk of Fairfield Inc ($2,500).

RecipientPurposeAmount
LUKE'S WINGS Washington, DCGENERAL OPERATING FUND$21,940
JEFFERSON COUNTY LITTLE LEAGUE Fairfield, IAGENERAL OPERATING FUND$4,000
1ST FRIDAYS ART WALK OF FAIRFIELD INC Fairfield, IAGENERAL OPERATING FUND$2,500
FRIENDS OF SBL Fairfield, IAGENERAL OPERATING FUND$2,500
LIBERTY UNIVERSITY Lynchburg, VASCHOLARSHIP FUND SUPPORT$2,500
TENCO FOUNDATION INC Ottumwa, IAGENERAL OPERATING FUND$2,500
UNIVERSITY OF NORTHERN IOWA Cedar Falls, IASCHOLARSHIP FUND SUPPORT$2,500
DUET PARTNERS IN HEALTH & AGING Phoenix, AZGENERAL OPERATING FUND$2,000
MAIN STREET FAIRFIELD Fairfield, IAGENERAL OPERATING FUND$2,000
FOOD BANK OF IOWA Des Moines, IACOUNTY FOOD SECURITY NEEDS SUPPORT$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Matthew GoodwinPresident2—
Gretchen RasmussenTreasurer/Secretary2—
Andrea LindbergVice President2—
Will BriggsDirector2—
Kevin ManzDirector2—
Seth MillerDirector2—
Ashley PooleDirector2—
Seth TalbotDirector2—
Amy WebberDirector2—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Cambridge Foundation Inc?

The Cambridge Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Fairfield, IA. It holds — in total assets as of 2025.

Where does The Cambridge Foundation Inc operate?

The Cambridge Foundation Inc has awarded grants in Alabama, Arizona, California, Colorado, District of Columbia, Delaware, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, North Carolina, Nebraska, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Virginia, Washington, Wisconsin.

What size grants does The Cambridge Foundation Inc award?

In 2025, The Cambridge Foundation Inc awarded 87 grants totaling $63K — an average of about $727.184 per grant, based on its IRS Form 990 filings.

What is The Cambridge Foundation Inc's EIN?

The Cambridge Foundation Inc's EIN (Employer Identification Number) is 47-2457466. IRS Form 990 filing data is available on this page for 2019–2025.

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

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