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Speedwell Foundation is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2000. It holds total assets of $175.3M. Annual income is reported at $203.9M. Total assets have grown from $74.2M in 2011 to $175.3M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including Georgia, South Carolina, District of Columbia. According to available records, Speedwell Foundation has made 110 grants totaling $25.7M, with a median grant of $20K. The foundation has distributed between $5.7M and $6.9M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $6.9M distributed across 27 grants. Individual grants have ranged from $1K to $5M, with an average award of $234K. The foundation has supported 70 unique organizations. The foundation primarily supports organizations in Connecticut, Georgia, Maryland, which account for 35% of all grants. Grantmaking reaches organizations across 15 states.
The Speedwell Foundation is a highly personal, family-driven philanthropy established by Michael and Jenny Messner in Atlanta in 2000. Its database record carries a `preselected_only` flag, and the foundation's website offers no application portal, LOI instructions, or deadline calendar — confirming that all grantmaking flows through pre-existing relationships rather than competitive rounds. Prospective grantees should internalize this fundamental fact before investing time in any formal submission.
The Messners' giving philosophy revolves around two reinforcing civic priorities: transforming neglected urban land into accessible public green space, and expanding educational opportunity for underserved students through scholarships and direct school partnerships. These pillars are not siloed — they converge in the foundation's stated mission to "revitalize, enhance and connect communities" and to build places "where every person feels welcome." Organizations that straddle both themes (e.g., a school with an urban greening curriculum, or a park conservancy with a youth employment program) may find the strongest resonance.
The grantee roster reveals a consistent relationship trajectory. City Parks Alliance grew from early general operating grants to $507,000 across four engagements. Georgia Tech's relationship spans a $5.9M+ commitment across four grants, escalating from a $5,325 lab support check to a $3M challenge grant and a named faculty chair. Prospect Park Alliance has received four grants totaling $240,000. This pattern — small entry, deepening trust, major commitment — is the playbook Speedwell follows across virtually every anchor partnership.
For organizations seeking an entry point, the path is not through a grants portal. It runs through Atlanta civic networks, the Georgia Tech urban design community, city park conservancy associations, and Catholic school networks in Georgia and South Carolina. Initial conversations are most likely to begin at civic events, through board member introductions, or via referrals from current Speedwell grantees. Organizations operating in Atlanta, Charleston SC, Washington DC, or New York City have measurable geographic fit based on where Speedwell has concentrated its grantmaking. First-time interactions should focus on demonstrating shared values and community presence, not on asking for money.
Over the most recently filed decade, Speedwell's annual grantmaking has ranged from $4.3M (2019) to $7.8M (2023), with an apparent stabilization around $6.5-7.8M in recent years. Total assets grew from $79.8M in 2014 to $175.3M as of the 2024 IRS filing, fueled by a combination of investment returns ($4.6-6.1M net investment income in most years) and recurring Messner family contributions (ranging from $1M to $4.5M annually per 990 data).
The headline average grant of $286,059 is heavily distorted by two outliers: a $14M+ donor-advised fund transfer to National Charitable Endowment (pass-through philanthropy) and $5.9M to Georgia Tech Foundation (multi-year anchor partnership). For arm's-length grantees, the practical grant range is $5,000 to $500,000. The database-reported median grant of $19,000 accurately reflects the modal relationship-starter check.
Urban Parks (estimated 40-45% of direct grantmaking): The parks portfolio funds conservancies, advocacy, and design research. Top cumulative recipients: City Parks Alliance ($507K, 4 grants — national advocacy); Prospect Park Alliance, NYC ($240K, 4 grants); Piedmont Park Conservancy, Atlanta ($164K, 3 grants); Atlanta Beltline Partnership ($150K, 1 grant); National Association for Olmsted Parks ($133K total across multiple grants); Charleston Park Conservancy ($75K, 2 grants). Documentary film production also appears (Center for Independent Documentary, $101K — Rails to Trails film).
Education (estimated 35-40%): Anchor commitment is Georgia Tech ($5.9M). Removing that, education giving splits across faith-based K-12 (Charleston Catholic Schools $160K, Cristo Rey Atlanta $320K+, St. Vincent Academy $90K), international scholarships (AFS-USA $645K, Naval Academy $1.2M), and school choice funds (Drexel Fund $500K). Typical school-level grants run $10,000-$160,000.
Religious/Civic (10-15%): Direct church support (Basilica of Sacred Heart $311K, Cathedral of St John $110K) and archdiocese grants.
Social Services (~5%): Charleston Area Therapeutic Riding ($175K across 3 grants), Immigrant Legal Advocacy Project ($60K), and small social service organizations ($10K-$23K each).
Annual grant counts appear to be 20-30 distinct grantees per cycle based on 990 filings.
The table below places Speedwell against four peer foundations of nearly identical asset size (all within 1% of Speedwell's $175.3M) to illustrate how it sits within the family-philanthropy tier:
| Foundation | Assets | Est. Annual Giving | Primary Focus | Geography | Application |
|---|---|---|---|---|---|
| Speedwell Foundation | $175.3M | ~$7.0-7.8M | Urban Parks & Education | GA, SC, DC, NY | Invited/Preselected |
| Evan Williams Foundation | $175.9M | N/A public | Environment, journalism, public interest | CA (national) | By invitation |
| Jeffrey H & Shari L Aronson Family Foundation | $176.0M | N/A public | Varied — health, education, arts | NY | By invitation |
| Cornelia T Bailey Charitable Trust | $174.7M | N/A public | Varied — education, environment | FL | By invitation |
| Soros Economic Development Fund | $174.9M | N/A public | Economic development, microfinance | NY (global) | Program-specific |
Among peers at this asset tier, Speedwell is distinctive for two reasons: the specificity and consistency of its thematic focus (urban parks + education are genuinely operational priorities, not broad statements), and the deep anchor partnerships it builds with a small number of institutions over many years. Comparable family foundations at this size often operate with more diffuse portfolios. Speedwell's $7-8M annual grantmaking pace is consistent with a 4-5% payout rate on its asset base, which is typical but not aggressive for a non-operating private foundation. No peer foundation in this cohort publishes an open application process.
No press releases, grant announcements, or leadership changes from 2025 or early 2026 surfaced in public sources. The foundation maintains a minimal public communications posture — its website is informational rather than newsy, and it does not operate a blog, press room, or social media presence under the foundation's own name.
The most recent documented activity comes from the 2023 990 filing (the latest publicly available): 29 grants totaling $6,863,339, with total giving of $7,816,512. Assets recovered to $159.9M after a major unrealized-loss year (2023 showed -$432M in total revenue, a non-cash valuation correction), and the 2024 IRS BMF record shows total assets of $175.3M with $19.2M in total revenue — indicating a strong investment recovery year.
The Redesigning Cities lecture series at Georgia Tech remains the foundation's most publicly visible ongoing program, distributing urbanist conversations via podcast and YouTube. The Georgia Tech School of Architecture actively promotes the series on its website, confirming the partnership is active.
The Speedwell AFS Study Abroad Scholarship program's website (speedwellafs.org) shows the scholarship as currently inactive with no announced 2025 or 2026 cycle. Whether this reflects a formal program pause or simply an administrative gap is unclear from public sources.
Michael and Jenny Messner are listed as the sole trustees across all 990 filings reviewed (2012-2023), suggesting no governance change or succession event has occurred. Officer compensation of $236,580 appeared for the first time in the 2023 filing, possibly indicating a professional staff hire.
Because Speedwell does not accept unsolicited applications, these tips focus on the relationship-building and positioning work that precedes any funding conversation.
Earn a warm introduction, not a cold email. Every significant Speedwell grantee appears in the foundation's network before appearing in a 990. Identify shared board members, connectors in Atlanta's civic philanthropic community, or current Speedwell grantees (City Parks Alliance, Prospect Park Alliance, Georgia Tech) who can make an introduction to the Messners. The foundation's phone number on file (908-273-8052) is a New Jersey area code — suggesting the Messners have roots there — which may open another network avenue.
Match the Messner geographic and thematic priorities precisely. Atlanta and Charleston are not examples of their interest — they are the interest. If your organization does not operate in Atlanta, Charleston, DC, or New York City, explain convincingly why the work is relevant to those urban contexts or replicable there.
Speak the foundation's language, not grant-speak. Avoid boilerplate impact metrics. Instead, use the foundation's own framing: parks as civic infrastructure, community resilience, expanding individual opportunity, widening access to public space. The Redesigning Cities series signals that Speedwell values intellectual rigor alongside direct service — proposals that combine research, policy, and on-the-ground implementation fit this profile.
Catholic and faith-based school alignment is a real factor. The foundation has given consistently to Cristo Rey network schools, Charleston Catholic Schools, and directly to Catholic archdioceses. Non-sectarian education organizations should expect this affinity to influence prioritization and should not assume neutral competition.
Start small, demonstrate reliability, ask for more. Every major Speedwell grantee began with a small grant before growing into six- and seven-figure commitments. A $10,000-$25,000 first grant is not a consolation prize — it is the beginning of a multi-year relationship track. Organizations that report back rigorously, invite trustees to site visits, and show measurable community impact earn the next grant.
Avoid asking about application deadlines or cycles. This foundation does not operate on a cycle. Asking about deadlines signals unfamiliarity with how it works. Instead, seek a conversation about shared priorities.
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Smallest Grant
$1K
Median Grant
$19K
Average Grant
$286K
Largest Grant
$5M
Based on 20 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Over the most recently filed decade, Speedwell's annual grantmaking has ranged from $4.3M (2019) to $7.8M (2023), with an apparent stabilization around $6.5-7.8M in recent years. Total assets grew from $79.8M in 2014 to $175.3M as of the 2024 IRS filing, fueled by a combination of investment returns ($4.6-6.1M net investment income in most years) and recurring Messner family contributions (ranging from $1M to $4.5M annually per 990 data). The headline average grant of $286,059 is heavily distort.
Speedwell Foundation has distributed a total of $25.7M across 110 grants. The median grant size is $20K, with an average of $234K. Individual grants have ranged from $1K to $5M.
The Speedwell Foundation is a highly personal, family-driven philanthropy established by Michael and Jenny Messner in Atlanta in 2000. Its database record carries a `preselected_only` flag, and the foundation's website offers no application portal, LOI instructions, or deadline calendar — confirming that all grantmaking flows through pre-existing relationships rather than competitive rounds. Prospective grantees should internalize this fundamental fact before investing time in any formal submiss.
Speedwell Foundation is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mr Michael G Messner | Trustee | $0 | $0 | N/A |
| Mrs Jenny K Messner | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$175.3M
Fair Market Value
N/A
Net Worth
$173M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
110
Total Giving
$25.7M
Average Grant
$234K
Median Grant
$20K
Unique Recipients
70
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gabriel HomesGeneral Support - intellectual and developmental disabilities to live independent. | Herndon, VA | $20K | 2023 |
| Covenant HouseGeneral Support - Operations | New York, NY | $5K | 2023 |
| Georgia Tech FoundationFinancial Service Lab $3,100,000.Redesigning Cities Series $100,000.Faculty chair and professorship School of Civil & Enviromental Engineering $1,000,000Student support for Cristo Rey Students $200,000 | Atlanta, GA | $4.4M | 2023 |
| United States Naval Academy FoundatEducation - Establish professorship in Foreign Studies | Annapolis, MD | $600K | 2023 |
| Basilica Of Sacred Heart Of JesusReligious - Church Restoration and maintenance | Atlanta, GA | $300K | 2023 |
| Afs UsaStudent Scholarship Fund | New York, NY | $300K | 2023 |
| Drexel FundEducation Projects within the Drexel Fund. This fund invests in financially sustainable schools serving low-income students in any state with publicly funded private school choice. | Seattle, WA | $250K | 2023 |
| Cristo Rey Atlanta Jesuit High SchoSupport quality education and work experience to young men and women of limited economic means $150,000. | Atlanta, GA | $150K | 2023 |
| City Park AllianceResilent City Parks program - Resilient City Alliance | Washington, DC | $150K | 2023 |
| Piedmont Park Conservancy IncConservation - Support Olmsted Event - $19,591.Support the Parks and Green Space Program $100,000 | Atlanta, GA | $120K | 2023 |
| Center For Independent DocumentaryConservation - Rails to Trails Documentary | Newton, MA | $101K | 2023 |
| Park PrideConservation - Parks for All Comprehensive Campaign | Atlanta, GA | $100K | 2023 |
| Prospect Park AllianceConservation - support the parks program | Brooklyn, NY | $63K | 2023 |
| Charleston Park ConservancySupport Parks and Green Spaces- continued care for 20 parks $50,000.Bond referendum support "Vote Yes for Charleston Parks" $10,000. | Charleston, SC | $60K | 2023 |
| Charleston Catholic SchoolsMinority Students scholarship program for the 2023-2024 school year. | Charleston, SC | $40K | 2023 |
| Charleston Area Therapeutic RidingTherapeutic riding program for shildren and adults with disabilities. | Johns Island, SC | $35K | 2023 |
| Olmsted NetworkSupport the Olmsted principles - Parks For All People Program $33,875 | Washington, DC | $34K | 2023 |
| St Vincent AcademyEducation - Promise Scholars program that awards full four year scholarship to ten ninth grade applicants. | Newark, NJ | $30K | 2023 |
| Culturetrust Greater PhiladelphiaArts Program - support program for diverse disciplines and cultural diversities. | Philadelphia, PA | $20K | 2023 |
| Sacred Heart CatholicReligious- General Support | Atlanta, GA | $11K | 2023 |
| Catholic Partnership SchoolsGeneral support | Camden, NJ | $10K | 2023 |
| Lancaster County ConservancyConservation | Lancaster, PA | $10K | 2023 |
| Roman Catholic Archdiocese AtlantaEducation - support Catholic Schools in Atlanta | Smyrna, GA | $10K | 2023 |
| Memorial Sloan Kettering Cancer CenMedical - General Support | New York, NY | $10K | 2023 |
| Grateful PeoplesEducation - support program to bring the power of gratitude to children. | San Diego, CA | $10K | 2023 |
| Ansley Park Beautification FdnParks and Green Spaces Program - general support. | Atlanta, GA | $10K | 2023 |
| Partners 4 Global HealthCover shipping costs for container to Grenada - medical supplies and donated items. | Winter Park, FL | $8K | 2023 |
| Lehigh UniversityRobert Behmer Scholarship for Engineering Grad School Tuition - Nickolas Altenderfer. | Bethehem, PA | $5K | 2023 |
| St Pius X Catholic High SchoolEducation - General Support | Atlanta, GA | $3K | 2023 |
| National Charitable EndowmentDonor Advised Fund | Darien, CT | $4M | 2022 |
| Immigrant Legal Advocacy ProjectLegal services for refugees and asylum seekers | Portland, ME | $40K | 2022 |
| National Association For Olmsted PaConservation city parks | Washington, DC | $25K | 2022 |
| West Hartford Youth Baseball LeagueLighting Improvements to the baseball field | West Hartford, CT | $12K | 2022 |
| Girl Empowerment NetworkGeneral Operations | Dallas, TX | $10K | 2022 |
| Meals On Wheels AtlantaFund Meals $10,000 | Atlanta, GA | $10K | 2022 |
| Atlanta Botanial GardenCity Parks Alliance Program | Atlanta, GA | $8K | 2022 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA