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Towanda Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $9.6M. Annual income is reported at $8.5M. Total assets have grown from $50K in 2021 to $9.6M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2021 to 2024. According to available records, Towanda Foundation has made 11 grants totaling $176K, with a median grant of $10K. Annual giving has grown from $36K in 2022 to $140K in 2023. Individual grants have ranged from $10K to $26K, with an average award of $16K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in California, Pennsylvania, Massachusetts, which account for 55% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Towanda Foundation is a young, founder-directed family foundation established in 2021 by Ryan Hinkle (a venture investor at Insight Partners) and Sara Hinkle, who serves as President; both serve without compensation and the foundation is administered through Foundation Source, a third-party platform common among small family foundations that want no in-house staff. This structural detail matters strategically: there is no program officer, no board committee, and no formal review calendar — decisions run directly through the two founders.
The foundation's own language, drawn from its website, frames giving as 'trust-based' and 'regenerative': multi-year, unrestricted funding with minimal reporting requirements, extended to organizations working at the intersection of ecological and human wellbeing, led by women and underrepresented leaders, and grounded in lived experience. It also explicitly supports grantee-leader wellness — rest, healing-centered retreats, reflection — a distinctive emphasis rarely seen in smaller family foundations.
Critically, the foundation's application_instructions field in IRS/enrichment data is blank, and no LOI portal, deadline, or public intake form could be found across the website or third-party grant databases (GrantExec, Instrumentl, Grantable). Combined with the foundation's small, uncompensated two-person leadership and its grantee list — nearly all national/coastal-city organizations with no evident local Delaware ties — this points to an invite-only, relationship-first funder rather than one that reviews unsolicited proposals.
For first-time applicants, the realistic path is not a cold proposal but a warm introduction: through peer grantees already in the portfolio (Groundswell Fund, Women Moving Millions, Surfrider Foundation, Billion Oyster Project, Chicken & Egg Films), through environmental-justice or women's-movement funder circles, or through direct network ties to the Hinkles. One outlier grant — $26,000 to Brandywine Heights Area School District in Pennsylvania for a high school computer lab, a project unrelated to the foundation's stated ecological/healing thesis — reinforces that personal or community connection to the founders can outweigh strict mission fit. Grantseekers should treat mission alignment as necessary but not sufficient; relationship equity is the deciding factor.
Towanda Foundation's asset base has grown sharply since inception: $50,000 (FY2021, its first filing year) to $5,062,791 (FY2022) to $6,142,776 (FY2023) to $9,553,549 (FY2024), fueled by large founder contributions — $5,317,202 received in 2022 and $1,259,072 in 2023 — plus investment income ($2,441,043 in 2022, $1,248,548 in 2023). Grantmaking has lagged well behind asset growth: total giving was $0 in FY2021, $87,332 in FY2022, and $174,831 in FY2023 (990-PF grants_paid: $36,000 and $140,200 respectively), a payout ratio in the low single digits — typical of a foundation still building its corpus rather than one at mature 5%+ payout.
A matched sample of 11 disclosed grants totaling $176,200 (average $16,018, range $10,000–$26,000) gives the clearest picture of grant-by-grant behavior. By cause area: ocean and environmental conservation dominates at roughly $60,000 (34%) — Earth Island Institute ($20,000), and $10,000 each to Surfrider Foundation, The Coral Reef Alliance, Billion Oyster Project, and Greenwave Organization. Women's movement/leadership funding follows at $35,000 (20%): Groundswell Fund ($25,000) and Women Moving Millions ($10,000). Outdoor conservation/recreation accounts for $25,000 (14%) via the Appalachian Mountain Club, and international disaster relief for $20,200 (11%) via Together Rising's Turkey-Syria earthquake response. Indigenous-led climate justice (Honor The Earth, $10,000) and one local education grant (Brandywine Heights Area School District, $26,000, 15%) round out the list.
Geographically, giving is national and coastal: California leads with 4 of 11 grants, New York has 2, and Connecticut, Massachusetts, Minnesota, Pennsylvania, and Virginia each have 1 — despite the foundation's Delaware domicile, which reflects only its Foundation Source administrative address, not a giving focus. All disclosed grants are general/unrestricted or single-purpose one-time awards; none show multi-year renewal patterns in the available data, though the foundation's stated policy is to prefer multi-year commitments going forward.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Towanda Foundation (DE) | $9.55M | $174,831 (FY2023) | Environmental/climate justice, women's leadership, arts | Invited/Closed |
| Pritchett Foundation (WI) | $9.55M | Not disclosed | Philanthropy & Grantmaking | Unknown |
| Seneca Trail Charitable Foundation (WV) | $9.55M | Not disclosed | Philanthropy & Grantmaking | Unknown |
| Oreilly Automotive Foundation (MO) | $9.55M | Not disclosed | Philanthropy & Grantmaking | Unknown |
| Rescue Funding Resource Inc. (GA) | $9.56M | Not disclosed | Philanthropy & Grantmaking | Unknown |
| Morgan Family Foundation (MT) | $9.56M | Not disclosed | Philanthropy & Grantmaking | Unknown |
All five peers sit within roughly $1,000 of Towanda's asset base and share its generic 'Philanthropy & Grantmaking' NTEE classification, but none maintain a public website in this dataset (websites listed as null) — a strong signal they are similarly closed, founder-directed vehicles rather than staffed grantmaking institutions. Towanda stands out within this peer set for actually publishing a public-facing mission statement and grant philosophy (trust-based, regenerative, women-led), which gives grantseekers unusually more insight into fit than is available for any of its five closest asset-tier peers. That transparency should not be mistaken for accessibility, however — Towanda remains functionally invite-only despite the public messaging.
No 2025 or 2026 news specific to this Towanda Foundation (EIN 872754682, Wilmington, DE) surfaced in web search — the name collides heavily with two unrelated organizations: the Towanda Area School District Education Foundation in Pennsylvania (which issued teacher 'Venture grants' covered by local press in August 2025) and the separate Tow Foundation. Grantseekers should not confuse these when researching funding history.
The most substantive recent signal is structural rather than newsworthy: the foundation's asset base grew from $6.14M to $9.55M between the FY2023 and FY2024 filings (a 55% increase), and the data bundle's foundation record was last verified 2026-07-23, with the most recent 990-PF financial detail (grants_paid, total_giving) available through FY2023 — FY2024 giving figures had not yet been disclosed as of this research. Leadership has remained stable and unchanged since the foundation's 2021 founding: Ryan Hinkle (Treasurer/Director/Secretary) and Sara Hinkle (Director/President), both uncompensated.
The clearest 'recent activity' available is the foundation's own website positioning, which now reads as a mature articulation of trust-based, regenerative philanthropy — support for women and underrepresented leaders, intersectional ecological/human wellbeing work, and leader wellness/rest — alongside a distinct Arts program supporting storytellers and documentary filmmakers (e.g., Chicken & Egg Films, the documentary 'To Kill A Tiger,' photographer Whitney Bradshaw). Absent a dedicated newsroom or press presence, this website content is the best available proxy for the foundation's current-year priorities.
This is not a foundation to approach with a cold, unsolicited proposal — there is no public LOI process, no online application portal, and no listed deadline; the underlying data record's application instructions field is empty, and no application form URL exists across the website or third-party grant trackers (GrantExec, Instrumentl, Grantable all show it as effectively closed to direct applications). Treat any 'Apply Now' button you may encounter with skepticism and verify directly on towandafoundation.org before investing time.
The highest-leverage strategy is a warm introduction. Study the existing grantee list as a map of the foundation's actual network: ocean and environmental conservation groups (Surfrider Foundation, Billion Oyster Project, The Coral Reef Alliance, Earth Island Institute, Greenwave), women's movement funders (Groundswell Fund, Women Moving Millions), indigenous-led climate justice (Honor The Earth), and documentary/storytelling organizations (Chicken & Egg Films). A connection through any of these networks — board overlap, co-funder relationships, or direct referral — is far more likely to open a conversation than any written proposal.
If you do reach the founders, mirror their own language rather than a traditional grant-application register: request flexible, multi-year, unrestricted general operating support rather than a narrowly scoped project grant, and frame your organization's work at the intersection of ecological and human wellbeing, led by women or underrepresented leaders, grounded in lived experience. The site's explicit attention to grantee-leader wellness (rest, healing-centered retreats) suggests they respond to candor about organizational capacity and burnout, not just program metrics — a departure from typical logic-model-heavy proposals.
The most common mistake would be treating Towanda like a large staffed foundation with an annual cycle: it is a two-person, uncompensated family foundation run through an outsourced administrator (Foundation Source), so there is no program staff to build a relationship with beyond the Hinkles themselves. Expect a long relationship-building runway rather than a single application-to-decision cycle. Given rapid asset growth (assets nearly doubled from FY2022 to FY2024), the funding pool is likely to expand — worth periodically re-checking the website and the foundation's 990-PF for signs of a more formalized process opening up.
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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.
Towanda Foundation's asset base has grown sharply since inception: $50,000 (FY2021, its first filing year) to $5,062,791 (FY2022) to $6,142,776 (FY2023) to $9,553,549 (FY2024), fueled by large founder contributions — $5,317,202 received in 2022 and $1,259,072 in 2023 — plus investment income ($2,441,043 in 2022, $1,248,548 in 2023). Grantmaking has lagged well behind asset growth: total giving was $0 in FY2021, $87,332 in FY2022, and $174,831 in FY2023 (990-PF grants_paid: $36,000 and $140,200 r.
Towanda Foundation has distributed a total of $176K across 11 grants. The median grant size is $10K, with an average of $16K. Individual grants have ranged from $10K to $26K.
Towanda Foundation is a young, founder-directed family foundation established in 2021 by Ryan Hinkle (a venture investor at Insight Partners) and Sara Hinkle, who serves as President; both serve without compensation and the foundation is administered through Foundation Source, a third-party platform common among small family foundations that want no in-house staff. This structural detail matters strategically: there is no program officer, no board committee, and no formal review calendar — decis.
Towanda Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 7 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sara Hinkle | Dir, Pres | $0 | $0 | N/A |
| Ryan Hinkle | Treas, Dir, Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$9.6M
Fair Market Value
N/A
Net Worth
$9.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$176K
Average Grant
$16K
Median Grant
$10K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Appalachian Mountain ClubGeneral & Unrestricted | Charlestown, MA | $25K | 2023 |
| Groundswell FundGeneral & Unrestricted | San Francisco, CA | $25K | 2023 |
| Together RisingIn support of crisis response in Turkey and Syria | Falls Church, VA | $20K | 2023 |
| Earth Island Institute IncGeneral & Unrestricted | Berkeley, CA | $20K | 2023 |
| Greenwave Organization CorpGeneral & Unrestricted | New Haven, CT | $10K | 2023 |
| Honor The EarthGeneral & Unrestricted | Ponsford, MN | $10K | 2023 |
| Surfrider FoundationGeneral & Unrestricted | San Clemente, CA | $10K | 2023 |
| The Coral Reef AllianceGeneral & Unrestricted | San Francisco, CA | $10K | 2023 |
| Billion Oyster ProjectGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Brandywine Heights Area School DistrictHigh School Computer Lab | Topton, PA | $26K | 2022 |
| Women Moving Millions IncGeneral & Unrestricted | New York, NY | $10K | 2022 |