The IV Fund is a private foundation established in 2004 and designated as a 501(c)(3) organization. Based in Folsom, California, the organization operates with a small staff of 2 employees. The foundation is classified as a private grantmaking foundation under the National Taxonomy of Exempt Entities (NTEE).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.9M
-4.5% YoY
Annual Giving
$2.9M
+9.2% YoY
Grant Count
46
+15.0% YoY
Avg Grant Size
$64K
-5.1% YoY
Under IRS private-foundation payout rules, The Iv Fund reported a distributable amount of $3.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The IV Fund's mission is to enhance mental wellbeing in the United States. The foundation works to foster a cultural shift that prioritizes mental well-being to inspire resilience, enhance mental health, and prevent suicide.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $18.9 million
- Annual Revenue: $2.17 million
- Annual Expenses: $3.06 million
- Total Liabilities: $0
The foundation has maintained consistent financial activity since its establishment, with assets and revenue tracked annually from 2011 through 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,889,680 | $19,783,404 | $16,097,226 |
| Revenue | $2,171,468 | $6,443,696 | $8,428,916 |
| Expenses | $3,061,093 | $2,757,518 | $1,124,378 |
| Qualifying Distributions | $3,018,467 | $2,753,082 | $1,099,603 |
| Net Investment Income | $1,106,790 | $2,271,455 | $149,600 |
| Distributable Amount | $3,488,397 | $2,474,354 | $1,433,576 |
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
217 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Gift Fund ($998,204), Jewish Federation of Cleveland ($414,000), Pulitzer Center on Crisis Reporting ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CIVIL LIBERTIES UNION OF OHIO FOUNDATION INC CLEVELAND, OH | CRIMINAL LAW REFORM; REPRODUCTIVE FREEDOM PROJECT | $120,000 |
| AMERICAN FOUNDATION FOR SUICIDE PREVENTION NEW YORK, NY | LOSS SUPPORT IN MEMORY OF DAKOTA WILLIAM POWELL | $50,000 |
| AMERICAN GIFT FUND WILMINGTON, DE | GENERAL SUPPORT | $998,204 |
| BARD COLLEGE ANNANDALEONHUDSON, NY | BARD PRISON INITIATIVE - REENTRY PROGRAMMING | $25,000 |
| BELLEFAIRE JEWISH CHILDRENS BUREAU SHAKER HEIGHTS, OH | IN HONOR OF BETH BRANDON | $5,400 |
| CENTER FOR ALTERNATIVE SENTENCING AND EMPLOYMENT SERVICES INC BROOKLYN, NY | EDUCATION, CAREER, AND ENRICHMENT SERVICES | $10,000 |
| CENTURION MINISTRIES PRINCETON, NJ | GENERAL SUPPORT | $5,400 |
| FIREBIRD COMMUNITY ARTS CHICAGO, IL | PROJECT FIRE | $50,000 |
| FOUNTAIN HOUSE INC NEW YORK, NY | DIRECT SERVICES FOR 47TH ST CLUBHOUSE | $25,000 |
| GREATER CLEVELAND FOOD BANK INC CLEVELAND, OH | STOCK THE SHELVES CAMPAIGN | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Ivy Lewis
- Trustee: Lewis Ivy
The organization maintains a lean operational structure with 2 directors handling operations.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IVY B LEWIS | PRESIDENT/DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The IV Fund has demonstrated active engagement in mental health advocacy and cultural partnerships:
Partnered with The Pulitzer Center to promote reporting on mental health and well-being across the United States
Collaborated with The Town Hall to promote civic discourse on dismantling stigmas around mental health
Supported Princeton University Art Museum's free public opening event
Supported a new play by Princeton senior Stephanie Chen at the Lewis Arts Center
Featured in The Pulitzer Center's 2025 Mental Well-Being Fellowship program, highlighting investigative journalism on mental health topics
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Iv Fund fund?
The IV Fund's mission is to enhance mental wellbeing in the United States. The foundation works to foster a cultural shift that prioritizes mental well-being to inspire resilience, enhance mental health, and prevent suicide.
What size grants does The Iv Fund award?
In 2024, The Iv Fund awarded 46 grants totaling $2.9M — an average of about $64K per grant, based on its IRS Form 990 filings.
How much is The Iv Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Iv Fund reported a distributable amount of $3.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Iv Fund's EIN?
The Iv Fund's EIN (Employer Identification Number) is 20-1422978. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Iv Fund's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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