Health Foundation Of Greater Indianapolis Inc
- Assets
- $11.4m
- Revenue
- $4.2m
- Investments
- $8.9m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 35-6203550
Organization Overview
Health Foundation Of Greater Indianapolis Inc is located in Indianapolis, IN. The organization was established in 1990. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Foundation Of Greater Indianapolis Inc 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 12/2023, Health Foundation Of Greater Indianapolis Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $5.5m during the year ending 12/2023. While expenses have increased by 11.1% per year over the past 8 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 2016, Health Foundation Of Greater Indianapolis Inc has awarded 322 individual grants totaling $15,600,810. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Grisell President & CEO | 50 | $174,645 | |
Sean Obermeyer Chair | 2 | $0 | |
Gloria King Vice Chair | 2 | $0 | |
Ryan Cromer Secretary/treasurer | 2 | $0 | |
Michael Butler Trustee | 1 | $0 | |
Samir Gupta MD Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Teresa Craig Cpa | 12/30/23 | $87,547 |
Katherine Campbell Consulting | 12/30/23 | $78,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,159,280 |
| Interest on Savings | $7,730 |
| Dividends & Interest | $210,978 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$213,438 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $79,000 |
| Total Revenue | $4,243,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $185,997 |
| Other employee salaries and wages | $418,266 |
| Pension plans, employee benefits | $98,011 |
| Interest | $5,966 |
| Taxes | $313 |
| Depreciation | $6,412 |
| Occupancy | $44,830 |
| Travel, conferences, and meetings | $83,665 |
| Printing and publications | $0 |
| Other expenses | $914,022 |
| Total operating and administrative expenses | $1,970,366 |
| Contributions, gifts, grants paid | $3,514,419 |
| Total expenses and disbursements | $5,484,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $572,913 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $704,811 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,983 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $11,839 |
| Other assets | $1,236,663 |
| Total assets | $11,395,530 |
| Accounts payable and accrued expenses | $39,895 |
| Grants payable | $665,237 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,204,147 |
| Total liabilities | $1,909,279 |
Grants Awarded
Over the last fiscal year, Health Foundation Of Greater Indianapolis Inc has awarded $3,514,419 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
ASPIRE INDIANA PURPOSE: PROMOTE WELLNESS | $68,062 |
HEALTHLINC INC PURPOSE: PROMOTE WELLNESS | $39,829 |
AIDS RESOURCE GROUP OF EVANSVILLE PURPOSE: PROMOTE WELLNESS | $3,500 |
AIDS MINISTRIESAIDS ASSIST PURPOSE: PROMOTE WELLNESS | $57,113 |
AIDS TASKFORCE OF LAPORTE AND PORTER COUNTIES PURPOSE: PROMOTE WELLNESS | $15,000 |
AMERICORPS PURPOSE: PROMOTE WELLNESS | $654,564 |