IVY TECH FOUNDATION INC

INDIANAPOLIS, IN, 46208-5752 (317) 921-4749 Est. 1969 EIN 23-7073977
B114— Education Form 990 501(c)(3)
WWW.IVYTECH.EDU/GIVING

Mission

TO RECEIVE, HOLD, INVEST AND ADMINISTER PROPERTY; AND TO SOLICIT AND RECEIVE CONTRIBUTIONS; TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF IVY TECH COMMUNITY COLLEGE.

Giving Portfolio

Total Grants
7
Total Giving
$15.7M
Recipients
7
Years Active
2019 - 2021
Avg grant: $6,306,102 Median: $5,997,166

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20211$12.0M $12.0M01
20196$3.7M $623K60

Sectors Funded

Human Services
1
Philanthropy & Grantmaking
1

Top States

Indiana
7

Grantee Size Profile

$500K - $1M
1
$1M - $5M
1
$10M - $50M
1

Top Grantees

IVY TECH COMMUNITY COLLEGE OF INDIANA
IN - 2 grants
$15.7M
BLOOMINGTON ECONOMIC DEVELOPMENT CORP
IN
$5K

Grants Awarded · 4 grants

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Financials

Total Revenue
$40,262,352
Total Expenses
$30,571,324
Net Assets
$164,085,256
400 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 74.8%
Expenses ↑ 12.5%
Revenue Sources
Contributions 84.6% Investment 14.9% Other 1.0%
Expense Breakdown
Program 88.2% Management 8.5% Fundraising 3.3%

Officers & Trustees (51)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$40,262,352 $30,571,324$164,085,256
2023 Form 990$23,032,210 $27,184,523$149,260,577
2022 Form 990$41,134,022 $24,943,462$147,196,086
2021 Form 990$38,600,222 $26,743,266$127,922,924
2020 Form 990$30,082,278 $19,214,225$124,567,214
2019 Form 990$22,108,760 $19,816,401$108,639,932

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EIN: 23-7073977 · Source: IRS Form 990 e-file data