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Arizona · Public charity

Groundswell Capital

GROUNDSWELL CAPITAL is an arizona-based 501(c)(3) nonprofit lender focused on creating innovative, blended capital solutions to tackle our communities' biggest challenges and invest in a vibrant, clean economy where all residents can prosper.

$234k
Granted FY2025(still arriving)
11
Itemized grants FY2025
28
Organizations funded FY2024
Read the full brief
Itemized, FY2025
$148k
The rest is grants the schedule does not break out
Median grant, FY2025
$10,000
Largest grant, FY2025
$25,000
States reached, FY2025
1
Total assets, FY2025
$14M
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2024 to 2025.

Community Improvement$243kEmployment$53kFood & Nutrition$47kHuman Services$33kRecreation & Sports$20kArts & Culture$16kMembership Benefit$11kEnvironment$10kOther$0

Top grantees

Largest recipients by total granted, FY2024 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Dolce Pastello Cakes LLC$30,0002n/a
Huub$30,0001n/a
Blax Friday$25,0001n/a
Growth Partners Arizona$20,00011%
Startup Tucson$20,00013%
Estradaornada Motors LLC$10,7001n/a
Mel Dominguez Art LLC$10,2001n/a
Mr Nature's Music Garden LLC$10,0001n/a
Templo Fitness LLC$10,0001n/a
Barrio Restoration$10,0001n/a
Show all 27 grantees
All grantees of Groundswell Capital by total granted
GranteeTotal grantedYearsShare of their budget
Dolce Pastello Cakes LLC$30,0002n/a
Huub$30,0001n/a
Blax Friday$25,0001n/a
Growth Partners Arizona$20,00011%
Startup Tucson$20,00013%
Estradaornada Motors LLC$10,7001n/a
Mel Dominguez Art LLC$10,2001n/a
Mr Nature's Music Garden LLC$10,0001n/a
Templo Fitness LLC$10,0001n/a
Barrio Restoration$10,0001n/a
Originate Natural Building Materials$10,0001n/a
Spark Business Solutions$10,0001n/a
Savage Mechanical Design$10,0001n/a
D & D Accounting Services$10,0001n/a
Etano Center$10,0001n/a
Gabe's Spotless Cleaning Services Inc$9,9001n/a
Freefall Aerospace$9,0001n/a
Leon's Handyman Services LLC$8,3281n/a
Big Frog Custom T Shirts and More$8,3001n/a
Movement Culture LLC$8,2751n/a
Exo Roast Co$7,0001n/a
Di Luna Candles LLC$6,2001n/a
El Minuto Cafe$6,2001n/a
Mobility Plus$6,2001n/a
Cormax Rigging Supply$6,2001n/a
Cafe Passe$6,2001n/a
Rachel Marie Photography$6,2001n/a

Plus 11 recipients with no EIN on record ($138k), not named here.

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About Groundswell Capital

How much does Groundswell Capital give?
Groundswell Capital reported 11 itemized grants totaling $147,500, out of $233,748 in total grant expense reported on the return in its FY2025 IRS filing.
What does Groundswell Capital fund?
By grant dollars over FY2024 to FY2025, its largest causes are Community Improvement (54%), Employment (12%), Food & Nutrition (10%).
Who are Groundswell Capital's largest grantees?
By total granted over FY2024 to FY2025: Dolce Pastello Cakes LLC ($30k), Huub ($30k), Blax Friday ($25k).
Where is Groundswell Capital based?
Groundswell Capital is based in AZ.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 38 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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