The Greenelight Foundation

Private foundation · Grantmaker Burbank, CA EIN: 33-1015211

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.

Key facts about The Greenelight Foundation

In short: The Greenelight Foundation gave $45K across 5 grants in 2024 (avg $9K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
33-1015211
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$45,000
Grants made (2024)
5
Average grant
$9,000
Median grant
$10,000
Total assets
$950,595
Primary geography
California (78% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$951K

+26.1% YoY

Annual Giving

$45K

+114.3% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$9K

+28.6% YoY

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

Los AngelesBurbankNorth HillsSewellFlorissantLa CrescentaSan DiegoShadow HillsValenciaWashingtonWest Covina

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K4 grants2019 5 grants2020 4 grants2021 6 grants2022 3 grants2023 5 grants2024

From 2019 to 2024, annual grant giving ranged from $10K (2019) to $52K (2022). In 2024 it made 5 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Hope of the Valley Rescue Mission: $15KHope of the Valley RescueMission$15KKodawest Camp: $10KKodawest Camp$10KJensen Schmidt Tennis Academy: $10KJensen Schmidt Tennis Academy$10KVariety Boys and Girls Club: $5KVariety Boys and Girls Club$5KMag Foundation: $5KMag Foundation$5K

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

23<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 23 grants of 23 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hope of the Valley Rescue Mission North Hills, CATo Aid in Charitable Activities$15,000
Kodawest Camp Burbank, CATo Aid in Charitable Activities$10,000
Jensen Schmidt Tennis Academy Sewell, NJTo Aid in Charitable Activities$10,000
Variety Boys and Girls Club Los Angeles, CATo Aid in Charitable Activities$5,000
Mag Foundation San Diego, CATo Aid in Charitable Activities$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$950,595$754,004$656,209
Revenue$252,500$145,000$150,553
Expenses$56,909$47,205$74,176
Qualifying Distributions$45,075$47,205$52,000
Net Investment Income——$303
Distributable Amount——$39,275

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 27, 2020)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 4, 2022)
  3. IRS filings on file for fiscal years 2019–2024

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.

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