The IV Fund
The IV Fund is a private foundation based in Folsom, California. Its grantmaking includes support for mental well-being, journalism, arts, civil liberties, reproductive health, and Jewish community initiatives, as reflected in its 2025 grants. An earlier description of the fund states that its mission is to enhance mental well-being in the United States.
The IV Fund at a glance
In short: The IV Fund gave $4.1M across 56 grants in 2025 (avg $73K), top state Ohio. 19% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $4,078,550
- +38.8% vs 2024
- Grants made (2025)
- 56
- +21.7% vs 2024
- Average grant
- $72,831
- +14.1% vs 2024
- Median grant
- $25,000
- Total assets
- $16,881,233
- -10.6% vs 2024
- New grantees (estimate)
- 19% first-time grantees (8 of 43, 2025)
- Primary geography
- Ohio (25% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The IV Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The fund states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 340 Palladio Parkway Suite 540, Folsom, CA 95630
Phone: (650) 804-7100
Website: https://theivfund.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The IV Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Gift Fund ($830K). Together the top 10 received $3.4M.
Grant Size Distribution
223 grants across all recorded years
The most common grant size was under $50K: 161 grants of 223 (72%).
Geographic Focus
Where this funder awards grants
In filing year 2025, grant dollars were distributed among recipients in Ohio (25%), Illinois (24%), Delaware (20%), New York (14%), and Washington, DC (7%). These figures describe the locations of recipients, not necessarily the geographic reach of their work.
Grant Distribution by State
Share of 2025 grant dollars across all 56 itemized grants.
States
Cities
Is The IV Fund open to new grantees?
19%
first-time grantees, 2025
In 2025, 8 of 43 grantees (19%) were first-time recipients. First grants averaged $11K; repeat grants $114K. How we count
Medians: $5K first-time, $35K repeat.
- 79% of 2025 grantees were also funded in 2024. Method
- Giving grew 286% from 2022 to 2025. Method
- In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). 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 $777K (2019) to $4.1M (2025). In 2025 it made 56 grants totaling $4.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Gift Fund Wilmington, DE | General Support | $830,000 |
| Firebird Community Arts Chicago, IL | Building Construction Project | $650,000 |
| Pulitzer Center on Crisis Reporting Washington, DC | Mental Well-Being in the US Fellowship | $300,000 |
| American Civil Liberties Union of Ohio Foundation Inc Cleveland, OH | Criminal law reform project; reproductive freedom project & lgbtq+ rights | $250,000 |
| Jewish Federation of Cleveland Cleveland, OH | Israel Emergency Campaign | $250,000 |
| Jewish Federation of Cleveland Cleveland, OH | Combating Anti-Semitism in Cleveland Initiative | $200,000 |
| Propublica Inc New York, NY | Mental Health Beat | $150,000 |
| Northwestern University Evanston, IL | Positive Emotion & Health Research Fund | $140,000 |
| Planned Parenthood of Greater Ohio Cleveland, OH | Peer Education Program & General Operations | $80,000 |
| Fountain House Inc New York, NY | General Support | $75,000 |
Ready to take the next step with The IV Fund?
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 | $16,881,233 | $2,193,487 | $4,201,934 | $4,078,550 | 56 | $4,167,455 | $1,978,008 | $3,817,106 |
| 2024 | $18,889,680 | $2,171,468 | $3,061,093 | $2,937,404 | 46 | $3,018,467 | $1,106,790 | $3,488,397 |
| 2023 | $19,783,404 | $6,443,696 | $2,757,518 | $2,691,150 | 40 | $2,753,082 | $2,271,455 | $2,474,354 |
| 2022 | $16,097,226 | $8,428,916 | $1,124,378 | $1,057,000 | 42 | $1,099,603 | $149,600 | $1,433,576 |
| 2021 | $12,037,042 | $3,275,276 | $1,179,700 | $1,155,300 | 39 | $1,178,345 | $950,048 | $1,062,606 |
| 2020 | $9,941,466 | $2,996,022 | $940,672 | $883,000 | 52 | — | $424,085 | $905,270 |
| 2019 | $7,876,000 | $1,601,783 | $781,250 | $776,800 | 44 | — | $567,509 | $768,127 |
Under IRS private-foundation payout rules, The IV Fund reported a distributable amount of $3.8M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The earlier description states that the fund seeks to foster a cultural shift that prioritizes mental well-being, to inspire resilience, enhance mental health, and prevent suicide. Its 2025 grants also supported organizations working in a range of areas. For example, the Pulitzer Center on Crisis Reporting describes its work as promoting engagement with global affairs through quality journalism and education; Firebird Community Arts says it empowers and connects people through glassblowing and ceramics; and the ACLU of Ohio Foundation says it uses advocacy, litigation, and public education to champion fairness, freedom, and justice. These are the grantees’ descriptions of their own work.
Grantmaking
In filing year 2025, the fund made 56 grants totaling $4,078,550. Grant amounts ranged from $450 to $830,000, with a median grant of $25,000. Among the largest grants were $830,000 to American Gift Fund for general support, $650,000 to Firebird Community Arts for a building construction project, and $300,000 to the Pulitzer Center on Crisis Reporting for its Mental Well-Being in the US Fellowship. Other notable grants included $250,000 to the American Civil Liberties Union of Ohio Foundation for criminal law reform, reproductive freedom, and LGBTQ+ rights; $250,000 to Jewish Federation of Cleveland for its Israel Emergency Campaign; and $200,000 to the same federation for its Combating Anti-Semitism in Cleveland Initiative.
The fund also awarded $150,000 to ProPublica for its Mental Health Beat, $140,000 to Northwestern University for its Positive Emotion & Health Research Fund, and $80,000 to Planned Parenthood of Greater Ohio for a peer education program and general operations.
Leadership & Key People
Leadership team and compensation from IRS filings
Ivy B. Lewis was listed as president and director on the 2025 filing.
The IV Fund is led by Ivy B. Lewis, President & Director on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Ivy B. Lewis
President & Director
On filings since 2019
1 hr/week
No compensation reported
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 IV Fund
How much does The IV Fund give each year?
The IV Fund gave $4.1M across 56 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.9M across 46 grants.
What is The IV Fund's typical grant size?
The IV Fund's median grant in 2025 was $25,000, and its average grant was $72,831, across 56 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The IV Fund that year got $11K on average.
Where does The IV Fund give grants?
The IV Fund's top state is Ohio, with 25% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Illinois (24%) and Delaware (20%). The most frequent recipient cities were New York, NY (9 grants), Princeton, NJ (9 grants), Cleveland, OH (8 grants) and Evanston, IL (4 grants).
Does The IV Fund give general operating support?
Yes: 34% of The IV Fund's 2025 grants with a stated purpose (19 of 56) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The IV Fund's largest grantees?
The IV Fund's largest 2025 grantees include American Gift Fund ($830,000), Firebird Community Arts ($700,000 across 2 grants) and Jewish Federation of Cleveland ($450,000 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.
How large is The IV Fund?
The IV Fund reported $16.9M in total assets on its 2025 IRS Form 990-PF. It paid out $4.2M in qualifying distributions that year, against a required minimum of $3.8M (roughly 5% of its investment assets).
What does The IV Fund fund?
The earlier description states that the fund seeks to foster a cultural shift that prioritizes mental well-being, to inspire resilience, enhance mental health, and prevent suicide. Its 2025 grants also supported organizations working in a range of areas. See mission & focus areas ↑
How do I apply for a grant from The IV Fund?
The fund 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 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 2019–2025.
Does The IV Fund accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 1, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The IV Fund funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The IV Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The IV Fund funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-iv-fund-morg_94cc4822afc449209f2860849e0a7559
BibTeX
@misc{grantable_201422978_2026,
author = {{Grantable}},
title = {{The IV Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-iv-fund-morg_94cc4822afc449209f2860849e0a7559},
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 IV Fund'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.
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