The Ondulado Fund fka Richard Grinold Fund

Private foundation · Grantmaker Pebble Beach, CA EIN: 90-0506349

The Ondulado Fund fka Richard Grinold Fund is a private foundation, based in Pebble Beach, CA. IRS filing data is available from 2020 through 2025.

The Ondulado Fund fka Richard Grinold Fund at a glance

Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Ondulado Fund fka Richard Grinold Fund funds

How this funder distributes its grants

Grant Size Distribution

26 grants across all recorded years

18<$50K4$50–100K$100–250K3$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 18 grants of 26 (69%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

WashingtonHoney FallsMontereyNorthbrookPebble BeachArlingtonBelmontNew YorkBostonPhiladelphiaSan FranciscoSeaside

How The Ondulado Fund fka Richard Grinold Fund gives

  • Giving fell 94% from 2021 to 2024. Method
  • In 2024 it paid out well above 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

$0$1M$2M$3M8 grants2020 9 grants2021 8 grants2022 5 grants2023 4 grants2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $58K (2024) to $2.5M (2023). In 2024 it made 4 grants totaling $58K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hoover Institution Washington, DCCharitable contribution$25,000
Belmont Historical Society Belmont, CACharitable Contribution$15,000
Meriden Public Library Honey Falls, NYCharitable Contribution$15,000
Del Monte Forest Conservation Pebble Beach, CACharitable Contribution$3,350
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024—$52,635$84,145$58,3504$83,005$51,495$2,467
2023$31,510$71,843$2,521,095$2,503,6735$2,518,591$69,339$69,635
2022$1,686,490$66,730$517,176$502,4198$511,616$61,170$123,921
2021$2,058,918$148,467$1,047,351$1,034,2039$1,039,995$141,111$178,676
2020$2,523,245$8,626$374,687$365,9328—$58,544$191,427

Leadership & Key People

Officers and directors from IRS filings

The Ondulado Fund fka Richard Grinold Fund is led by Richard Grinold, President & Director on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Richard Grinold

    President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Leilani Grinold (2020–2021) — Secretary, CFO & Director

Data from IRS Form 990 filings, 2020–2025. "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 Ondulado Fund fka Richard Grinold Fund

Where does The Ondulado Fund fka Richard Grinold Fund operate?

The Ondulado Fund fka Richard Grinold Fund has awarded grants in California, District of Columbia, Illinois, Massachusetts, New York, Pennsylvania, Virginia.

What is The Ondulado Fund fka Richard Grinold Fund's EIN?

The Ondulado Fund fka Richard Grinold Fund's EIN (Employer Identification Number) is 90-0506349. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Ondulado Fund fka Richard Grinold 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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