The Accel Foundation

Organization Overview

The Accel Foundation is located in Waverly, IA. The organization was established in 2007. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accel Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Accel Foundation generated $50.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $50.7k during the year ending 12/2022. While expenses have increased by 12.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Accel Foundation has awarded 176 individual grants totaling $183,095. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $49,292
Interest on Savings $1,204
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $346
Total Revenue $50,842

Grants Awarded

Over the last fiscal year, The Accel Foundation has awarded $46,443 in support to 48 organizations.

Grant RecipientAmount

COMMUNITY FOUNDATION OF NORTHEAST IOWA

Org PageRecipient Profile

Cedar Falls, IA

PURPOSE: WAVERLY BALL DIAMONDS (PLEDGE 2 OF 3)

$8,333

PROSPECT MEADOWS INC

Org PageRecipient Profile

Marion, IA

PURPOSE: PROSPECT MEADOWS (PAYM. 4 OF 5)

$5,000

Waverly, IA

PURPOSE: WARTBURG COLLEGE PLEDGE

$3,000

Waverly, IA

PURPOSE: WARTBURG COLLEGE PLEDGE - RF (ANNUAL FUND/EXERCISE FACILITY)

$3,000

LUTHERAN SERVICES IN IOWA

PURPOSE: LSI ANNUAL DONATION

$2,500

HIS HANDS MINISTRIES

Org PageRecipient Profile

Cedar Rapids, IA

PURPOSE: GENERAL SUPPORT DONATION

$2,000
View Grant Profile

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