Ipa Foundation

Organization Overview

Ipa Foundation is located in Louisville, KY. The organization was established in 1993. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Ipa 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 06/2022, Ipa Foundation generated $790.6k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $799.6k during the year ending 06/2022. While expenses have increased by 8.2% per year over the past 3 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 2020, Ipa Foundation has awarded 119 individual grants totaling $1,890,968. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FOR THE WELL-BEING OF CHILDREN AND THEIR BASIC NEEDS WITH A FOCUS ON MAKING LIFE-CHANGING DIFFERENCES FOR CHILDREN WITH EXCEPTIONAL MEDICAL REQUIREMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THROUGH FUNDRAISING, PROVIDED GRANTS TO 51 CHARITIES PROVIDING SERVICES TO CHILDREN WITH EXCEPTIONAL MEDICAL NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Dan Bradley
Trustee
$0
Lyndon Shumaker
Trustee
$0
Mike Pratt
Trustee
$0
Charles Beery
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$680,286
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$680,286
Total Program Service Revenue$0
Investment income $106,845
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $790,631

Grants Awarded

Over the last fiscal year, Ipa Foundation has awarded $715,259 in support to 37 organizations.

Grant RecipientAmount

CEDAR LAKE FOUNDATION

PURPOSE: LONG-TERM CARE

$10,000

CENTER FOR COURAGEOUS KIDS

PURPOSE: CONSTRUCTION OF PATH AT CAMP; PROGRAM SPONSORSHIP

$25,000

CHILDREN'S CENTER (THE CHILDREN'S CENTER INC)

PURPOSE: PORTABLE OXYGEN UNITS

$14,569

CHILDREN'S HOSPITAL FOUNDATION KY

PURPOSE: ISOLETTE FOR NEONATAL UNIT

$10,000

DEBORAH HOSPITAL FOUNDATION

PURPOSE: FINANCIAL ASSISTANCE FOR PEDIATRIC CARDIOLOGY PATIENTS

$25,000

FEAT OF LOUISVILLE INC

PURPOSE: TRANSPORT SERVICE VAN

$10,000
View Grant Profile

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Ipa Foundation
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