The Greenelight Foundation
The Greenelight Foundation is a private foundation focused on Arts, Culture & Humanities, based in Burbank, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $951K in total assets. In 2024, it awarded 5 grants totaling $45K.
The Greenelight Foundation at a glance
In short: The Greenelight Foundation gave $45K across 5 grants in 2024 (avg $9K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $45,000
- +114.3% vs 2023
- Grants made (2024)
- 5
- +66.7% vs 2023
- Average grant
- $9,000
- +28.6% vs 2023
- Median grant
- $10,000
- Total assets
- $950,595
- +26.1% vs 2023
- Primary geography
- California (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Greenelight Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Hope of the Valley Rescue Mission ($15K). Together the top 5 received $45K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How The Greenelight Foundation gives
- Giving grew 41% from 2021 to 2024. Method
- In 2022 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $10K (2019) to $52K (2022). In 2024 it made 5 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope of the Valley Rescue Mission North Hills, CA | To Aid in Charitable Activities | $15,000 |
| Kodawest Camp Burbank, CA | To Aid in Charitable Activities | $10,000 |
| Jensen Schmidt Tennis Academy Sewell, NJ | To Aid in Charitable Activities | $10,000 |
| Variety Boys and Girls Club Los Angeles, CA | To Aid in Charitable Activities | $5,000 |
| Mag Foundation San Diego, CA | To Aid in Charitable Activities | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $950,595 | $252,500 | $56,909 | $45,000 | 5 | $45,075 | — | — |
| 2023 | $754,004 | $145,000 | $47,205 | $21,000 | 3 | $47,205 | — | — |
| 2022 | $656,209 | $150,553 | $74,176 | $52,000 | 6 | $52,000 | $303 | $39,275 |
| 2021 | $579,832 | $500,825 | $32,110 | $32,000 | 4 | $32,000 | $75 | — |
| 2020 | $111,117 | $120,100 | $24,635 | $24,515 | 5 | — | — | — |
| 2019 | $15,652 | $40,000 | $26,752 | $9,500 | 4 | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
The Greenelight Foundation is led by William J. Greene, Director on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2024 filing
William J. Greene
Director
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Greenelight Foundation
How much does The Greenelight Foundation give each year?
The Greenelight Foundation gave $45K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $21K across 3 grants.
What is The Greenelight Foundation's typical grant size?
The Greenelight Foundation's median grant in 2024 was $10,000, and its average grant was $9,000, across 5 grants on its 2024 IRS Form 990-PF.
Where does The Greenelight Foundation give grants?
The Greenelight Foundation gives mostly in California: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (22%).
Does The Greenelight Foundation give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on The Greenelight Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Aid in Charitable Activities" (5 grants).
Who are The Greenelight Foundation's largest grantees?
The Greenelight Foundation's largest 2024 grantees include Hope of the Valley Rescue Mission ($15,000), Kodawest Camp ($10,000) and Jensen Schmidt Tennis Academy ($10,000), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.
How large is The Greenelight Foundation?
The Greenelight Foundation reported $951K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $253K.
What is The Greenelight Foundation?
The Greenelight Foundation is a private foundation focused on Arts, Culture & Humanities, based in Burbank, CA. It holds $951K in total assets as of 2024.
What is The Greenelight Foundation's EIN?
The Greenelight Foundation's EIN (Employer Identification Number) is 33-1015211. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 27, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 4, 2022)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in The Greenelight Foundation's focus areas in our free grants database
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