The Cambridge Foundation Inc
The Cambridge Foundation Inc is a private foundation based in Fairfield, Iowa. Its 2025 filing lists grants to charitable organizations, including organizations in Iowa and other states.
The Cambridge Foundation Inc at a glance
In short: The Cambridge Foundation Inc gave $63K across 87 grants in 2025 (avg $727.184), top state Iowa. 54% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $63,265
- +12.9% vs 2024
- Grants made (2025)
- 87
- +40.3% vs 2024
- Average grant
- $727
- -19.6% vs 2024
- Median grant
- $50
- Total assets
- $1,708,699
- +6.9% vs 2024
- New grantees (estimate)
- 54% first-time grantees (32 of 59, 2025)
- Primary geography
- Iowa (44% 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 Cambridge Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1776 Pleasant Plain Road, Fairfield, IA 52556
Phone: (641) 472-5100
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Cambridge Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Luke's Wings ($22K). Together the top 10 received $44K.
Grant Size Distribution
304 grants across all recorded years
The most common grant size was under $50K: 304 grants of 304 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Iowa recipients received 44% of grant dollars, followed by recipients in DC (35%), Virginia (7%), Arizona (6%), and Pennsylvania (2%). The listed recipients also included organizations in Florida.
Grant Distribution by State
Share of 2025 grant dollars across all 87 itemized grants.
States
Cities
Is The Cambridge Foundation Inc open to new grantees?
54%
first-time grantees, 2025
In 2025, 32 of 59 grantees (54%) were first-time recipients. First grants averaged $2K; repeat grants $542. 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
- In 2025 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2019 to 2025, annual grant giving ranged from $49K (2023) to $126K (2019). In 2025 it made 87 grants totaling $63K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Luke's Wings Washington, DC | General Operating Fund | $21,940 |
| Jefferson County Little League Fairfield, IA | General Operating Fund | $4,000 |
| 1ST Fridays Art Walk of Fairfield Inc Fairfield, IA | General Operating Fund | $2,500 |
| Friends of SBL Fairfield, IA | General Operating Fund | $2,500 |
| Liberty University Lynchburg, VA | Scholarship Fund Support | $2,500 |
| Tenco Foundation Inc Ottumwa, IA | General Operating Fund | $2,500 |
| University of Northern Iowa Cedar Falls, IA | Scholarship Fund Support | $2,500 |
| Duet Partners in Health & Aging Phoenix, AZ | General Operating Fund | $2,000 |
| Main Street Fairfield Fairfield, IA | General Operating Fund | $2,000 |
| Food Bank of Iowa Des Moines, IA | County Food Security Needs Support | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,708,699 | $119,646 | $70,421 | $63,265 | 87 | $67,673 | $107,957 | $80,295 |
| 2024 | $1,598,744 | $956,221 | $61,939 | $56,043 | 62 | $61,939 | $45,411 | $52,040 |
| 2023 | $683,080 | $16,796 | $57,062 | $48,602 | 49 | $55,762 | $16,796 | $33,737 |
| 2022 | $671,092 | $43,694 | $68,411 | $62,405 | 53 | $66,261 | $32,279 | $34,994 |
| 2021 | $804,493 | $24,535 | $69,262 | $62,471 | 53 | $67,562 | $24,535 | $42,862 |
| 2020 | $813,385 | $32,768 | $76,401 | $73,231 | 47 | — | $14,408 | $38,236 |
| 2019 | $802,395 | $18,552 | $129,292 | $126,180 | 64 | — | $18,423 | $41,156 |
Under IRS private-foundation payout rules, The Cambridge Foundation Inc reported a distributable amount of $80K 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
No mission statement for the foundation is provided. Its 2025 grants included general operating support, scholarship fund support, and support for food security and a fundraising walk.
The grantees’ own descriptions show a range of activities: Luke’s Wings says it supports wounded service members by helping families visit during hospitalization and rehabilitation. The University of Northern Iowa Foundation says it raises and sustains private resources for the university and its students, faculty, staff, and programs. Duet Partners in Health & Aging says it provides services to homebound adults, family caregivers, and grandfamilies. The Food Bank of Iowa says it distributes salvageable food to member agencies serving people in need. Adoption Center says it works to create permanent environments for children in foster care through public awareness, advocacy, and family finding.
Grantmaking
In filing year 2025, the foundation reported 87 grants totaling $63,265. Grant amounts ranged from $20 to $21,940, with a median of $50. The largest listed grant was $21,940 to Luke’s Wings for its general operating fund. Other notable grants included $4,000 to Jefferson County Little League for its general operating fund; $2,500 each to 1st Fridays Art Walk of Fairfield, Friends of SBL, Tenco Foundation, and the University of Northern Iowa; and $2,000 to Duet Partners in Health & Aging and Main Street Fairfield.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Matthew Goodwin as president; Gretchen Rasmussen as treasurer/secretary; Andrea Lindberg as vice president; and Will Briggs, Kevin Manz, Seth Miller, Ashley Poole, Seth Talbot, and Amy Webber as directors.
The Cambridge Foundation Inc is led by Matthew Goodwin, President since 2025 (on filings since 2023); none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Matthew Goodwin
President
Vice President → President, 2025
On filings since 2023
2 hrs/week
No compensation reported
Seth Miller
Director
On filings since 2019
2 hrs/week
No compensation reported
Ashley Poole
Director
On filings since 2023
2 hrs/week
No compensation reported
Kevin Manz
Director
On filings since 2023
2 hrs/week
No compensation reported
Seth Talbot
Director
On filings since 2023
2 hrs/week
No compensation reported
Will Briggs
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Gretchen Rasmussen
Treasurer & Secretary
Director → Treasurer, Secretary & Director, 2021
Treasurer, Secretary & Director → Treasurer & Secretary, 2025
On filings since 2020
2 hrs/week
No compensation reported
Andrea Lindberg
Vice President
Director → Vice President, 2025
On filings since 2023
2 hrs/week
No compensation reported
Former officers (12)
- Former: Amy Webber (2019–2025) — Director · Filing note: Until 12/17/2019
- Former: Lindsey Haskins (2020–2024) — President
- Former: J. Daniel Sullivan (2021–2024) — Director
- Former: Alisa Thompson (2019–2022) — President & Director
- Former: Matt Goodwin (2021–2022) — Director
- Former: Nate Garrison (2021–2022) — Director
- Former: Andrea Schaefer (2022) — Director
- Former: Kristina Quinn (2019–2021) — President & Director
- Former: Dan Sullivan (2019–2020) — Director
- Former: Kyle Selberg (2019–2020) — Director
- Former: Teri Bockting (2019–2020) — President
- Former: Cindy Schaus (2019) — President · Filing note: Until 12/17/2019
Data from IRS Form 990 filings, 2019–2025. "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 Cambridge Foundation Inc
How much does The Cambridge Foundation Inc give each year?
The Cambridge Foundation Inc gave $63K across 87 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $56K across 62 grants.
What is The Cambridge Foundation Inc's typical grant size?
The Cambridge Foundation Inc's median grant in 2025 was $50, and its average grant was $727, across 87 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Cambridge Foundation Inc that year got $2K on average.
Where does The Cambridge Foundation Inc give grants?
The Cambridge Foundation Inc's top state is Iowa, with 44% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were 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).
Does The Cambridge Foundation Inc give general operating support?
Yes: 91% of The Cambridge Foundation Inc's 2025 grants with a stated purpose (79 of 87) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship Fund Support" (3 grants).
Who are The Cambridge Foundation Inc's largest grantees?
The Cambridge Foundation Inc's largest 2025 grantees include Luke's Wings ($21,940), Jefferson County Little League ($4,000) and 1ST Fridays Art Walk of Fairfield Inc ($2,500), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.
How large is The Cambridge Foundation Inc?
The Cambridge Foundation Inc reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $68K in qualifying distributions that year, against a required minimum of $80K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Cambridge Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included general operating support, scholarship fund support, and support for food security and a fundraising walk. See mission & focus areas ↑
How do I apply for a grant from The Cambridge Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Cambridge Foundation Inc 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
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 18, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 31, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 1, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2021 (received by the IRS August 29, 2022)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work The Cambridge Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Cambridge Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Cambridge Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-cambridge-foundation-inc-morg_56107fd80ebe419494d07ab2c9b55fbf
BibTeX
@misc{grantable_472457466_2026,
author = {{Grantable}},
title = {{The Cambridge Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-cambridge-foundation-inc-morg_56107fd80ebe419494d07ab2c9b55fbf},
note = {Accessed 2026-10-17. 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 Cambridge Foundation Inc'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.
The Cambridge Foundation Inc down — hundreds of funders to go?