NonprofitsIvy Tech Foundation Inc

Education

Ivy Tech Foundation Inc

INDIANAPOLIS, IN

Total revenue

$40.3M

Total expenses

$30.6M

Net assets

$164.1M

Grants received

$52.4M

509 grants

EIN

237073977

Tax year

2024

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.

Programs

3 programs

The ivy tech foundation provides funds to support the operation, maintenance, and improvement of college facilities and real estate in indiana. This includes classrooms, research laboratories, instructional supplies, dining halls, and athletic facilities. These activities ensure a safe, accessible, and well-equipped environment that supports the institution's educational mission and student development.

Expenses: $3.7M

The ivy tech foundation makes sub-awards to ivy tech community college to carry out educational and research projects to support students, faculty, and programs. These sub-awards fund activities such as curriculum development, student research opportunities, and campus improvement initiatives that enhance educational outcomes. The sub-awards provide support for special and innovative programs.

Expenses: $8.2M

Helping fund other program expenditures for ivy tech community college of indiana, including faculty and staff development, employee recognition, and community outreach expenditures.

Expenses: $8.5M

Financials

FY 2024

Revenue

Contributions & grants$34.0M
Program service revenue
Investment income$6.0M
Other revenue$223K
Total revenue$40.3M

Expenses

Grants paid$6.6M
Salaries & benefits
Fundraising$1.0M
Other expenses$23.8M
Total expenses$30.6M
Total assets$165.5M
Net assets$164.1M

People

50 listed

NameRoleCompensation

SUE ELLSPERMANN

PRESIDENT, COLLEGE

Board

2 hrs/wk

LAUREN SALERNO

CHAIR

Board

2 hrs/wk

VINCENT VIVEROS

VICE CHAIR

Board

2 hrs/wk

BRIAN STATER

TREASURER

Board

2 hrs/wk

SCOTT MILLER

SECRETARY

Board

2 hrs/wk

ALISA HECIMOVICH

BOARD MEMBER

Board

2 hrs/wk

ALPA PATEL

BOARD MEMBER

Board

2 hrs/wk

CATHERINE HOFFMAN

BOARD MEMBER

Board

2 hrs/wk

CELESTE CALVITTO

BOARD MEMBER

Board

2 hrs/wk

CINDY KINNARNEY

BOARD MEMBER

Board

2 hrs/wk

CONNIE FERGUSON

BOARD MEMBER

Board

2 hrs/wk

CONSTANCE BROWN

BOARD MEMBER

Board

2 hrs/wk

DONNA PFEIL

BOARD MEMBER

Board

2 hrs/wk

GLEN MUEHLBAUER

BOARD MEMBER

Board

2 hrs/wk

HEATHER SCHOEGLER

BOARD MEMBER

Board

2 hrs/wk

JAMES GOTHARD

BOARD MEMBER

Board

2 hrs/wk

JAMES ORBIK

BOARD MEMBER

Board

2 hrs/wk

JENNIFER HINDMAN

BOARD MEMBER

Board

2 hrs/wk

JESSE BRAND

BOARD MEMBER

Board

2 hrs/wk

JODI ENGELSTAD

BOARD MEMBER

Board

2 hrs/wk

KEITH O'NEAL

BOARD MEMBER

Board

2 hrs/wk

KEVIN AHAUS

BOARD MEMBER

Board

2 hrs/wk

KIM EMMERT O'DELL

BOARD MEMBER

Board

2 hrs/wk

LARRY SMITH

BOARD MEMBER

Board

2 hrs/wk

LEO BRADDOCK

BOARD MEMBER

Board

2 hrs/wk

LORI DANIELSON

BOARD MEMBER

Board

2 hrs/wk

MAMON POWERS III

BOARD MEMBER

Board

2 hrs/wk

MARCUS HESTER

BOARD MEMBER

Board

2 hrs/wk

MELISSA PROFFITT SCHMIDT

BOARD MEMBER

Board

2 hrs/wk

MICHAEL HARMLESS

BOARD MEMBER

Board

2 hrs/wk

PAUL PERKINS

BOARD MEMBER

Board

2 hrs/wk

PAULA HEIDERMAN

BOARD MEMBER

Board

2 hrs/wk

PAULA HUGHES-SCHUH

BOARD MEMBER

Board

2 hrs/wk

PHIL BANE

BOARD MEMBER

Board

2 hrs/wk

SALLY DEVOE

BOARD MEMBER

Board

2 hrs/wk

J SCOTT KLEPPE

BOARD MEMBER

Board

2 hrs/wk

SCOTT WALLSMITH

BOARD MEMBER

Board

2 hrs/wk

STEVEN SCHRECKENGAST

BOARD MEMBER

Board

2 hrs/wk

TERRY ANKER

BOARD MEMBER

Board

2 hrs/wk

THOMAS MARCUCCILLI

BOARD MEMBER

Board

2 hrs/wk

WILLIAM GUTZWILLER

BOARD MEMBER

Board

2 hrs/wk

GEORGE CLINTON

BOARD MEMBER

Board

2 hrs/wk

AMY FRYMAN

BOARD MEMBER

Board

2 hrs/wk

CHRIS JACKSON

BOARD MEMBER

Board

2 hrs/wk

JULIA MOORE

BOARD MEMBER

Board

2 hrs/wk

LINDSEY NIX

BOARD MEMBER

Board

2 hrs/wk

BECKY MILLER

VICE PRESIDENT, FORMER

Board

38 hrs/wk

THOMAS SKIDMORE

ASSISTANT TREASURER

Board

38 hrs/wk

COURTNEY ROBERTS

PRESIDENT, FOUNDATION

Board

38 hrs/wk

RACHEL MULLINNIX

VICE PRESIDENT

Board

38 hrs/wk

Independent contractors

JOHNSON GROSSNICKLE & ASSOCIATES

FUNDRAISING CONSULTANT

$166K

Grants received

Showing 200 of 509

FromAmountPurposeYear
$500K
CAPITAL CAMPAIGN FOR EXPANSION AND MOVE OF HEALTH SCIENCES AND NURSING PROGRAMS
2024
$451K
Support for the Nina Scholars program.
2024
$274K
GENERAL CHARITABLE GIFT
2024
$260K
BROTHER 2 BROTHER PROGRAM AT IVY TECH INDIANAPOLIS
2024
$200K
SKILLS TO SUCCEED
2024
$150K
SCHOLARSHIPS/OPERATING
2024
$130K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$127K
TO FURTHER CHARITABLE WORKS
2024
$70K
COLLEGE & CAREER CONCIERGE FOR PATHWAYS TO OPPORTUNITY; EMT BASIC PATHWAY
2024
$67K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$56K
PUR EQUIP FOR CCMA LAB & TUITION SUP
2024
$50K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$50K
SURG TECH LAB SPACE IN NEW BUILDING PROJECT AT LOCAL COLLEGE
2024
$50K
OPERATING GRANT
2024
$47K
DONOR ADVISED GRANTS
2024
$46K
SCHOLARSHIP
2024
$40K
EDUCATIONAL
2024
$38K
SCHOLARSHIP
2024
$34K
Scholarships
2024
$30K
UNRESTRICTED GENERAL SUPPORT
2024
$30K
MEDICAL RELATED SCHOLARSHIPS
2024
$25K
VIRTUAL REALITY SIMULATION CENTER
2024
$20K
ENTREPRENEURSHIP
2024
$20K
Support for Hamilton County Campus
2024
$20K
SCHOLARSHIPS
2024
$18K
MANUFACTURING LAB
2024
$16K
KEYS AND COCKTAILS/IVY TECH DAY; VIDEO WALL TECHNOLOGY PLEDGE
2024
$14K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$12K
GENERAL OPERATIONS
2024
$10K
STEM MOBILE
2024
$10K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$10K
2024 Prof Grant
2024
$10K
IVY TECH TERRE HAUTE LAPTOP PROGRAM
2024
$10K
SCHOLARSHIPS FOR STUDENTS TO ATTEND LOCAL COLLEGE
2024
$10K
Education
2024
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$10K
Program Support
2024
$10K
CHARITABLE SUPPORT
2024
$8K
JOHN P. & LAWRENCE J. GIACOLETTO SCHOLARSHIP
2024
$6K
SUPPORT ORGS MISSION
2024
$6K
GENERAL SUPPORT
2024
$5K
GENERAL SUPPORT
2024
$5K
OPERATING SUPPORT
2024
$2K
A REASON TO TASTE ENTERTAINMENT SPON
2024
$1K
UNRESTRICTED
2024
$500
GENERAL EXEMPT PURPOSE
2024
$1.5M
IMPROVING READING INSTRUCTION IN IN
2023
$1M
Renovation of the lab, classroom and tool room of IVY Tech's Machine Tool Program at the East Chicago Indiana campus
2023
$875K
TO EXPAND ITS NURSING PROGRAM AND INCREASE STUDENT ENROLLMENT. FOR INVESTMENTS IN ADDITIONAL LABS, EQUIPMENT, STUDENT SCHOLARSHIPS ALONG WITH RECRUITING TALENTED FACULTY AND STAFF
2023
$700K
Skilled Trades
2023
$500K
SKILLS TRAINING PROGRAM
2023
$300K
EARLY YEARS INITIATIVE
2023
$280K
GENERAL CHARITABLE GIFT
2023
$260K
BROTHER 2 BROTHER PROGRAM AT IVY TECH INDIANAPOLIS
2023
$150K
SCHOLARSHIPS/OPERATING
2023
$125K
DIRECT GRANTS TO SMALL BUSINESSES
2023
$120K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$120K
SURGICAL TECH LAB
2023
$111K
TO ASSIST THE ORGANIZATION IN FURTHERING ITS EXEMPT PURPOSE
2023
$100K
IMPROVING READING INSTRUCTION IN IN
2023
$100K
Continued support for the IGNITE program to help former foster care youth and youth who experienced homelessness successfully transition to college.
2023
$100K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$80K
OPTIMUS PRIMARY - HENRY CO NURSING APPRENTICESHIP; EARLY CHILDHOOD LEARNING CENTER
2023
$75K
CHARITABLE
2023
$63K
DONOR ADVISED GRANTS
2023
$61K
Streets Smart De-escalation Virtual Reality Training System & Endow Dist
2023
$50K
SURG TECH LAB SPACE IN NEW BUILDING PROJECT AT LOCAL COLLEGE
2023
$50K
Contribution for general operations
2023
$48K
SCHOLARSHIP
2023
$40K
EDUCATIONAL
2023
$39K
For grant recipient's exempt purposes
2023
$35K
GENERAL ASSISTANCE
2023
$34K
SCHOLARSHIP
2023
$30K
PROGRAMMING
2023
$30K
MEDICAL RELATED SCHOLARSHIPS
2023
$30K
CORPORATE DONATION
2023
$30K
FUNDING FOR SUPPLIES, & EQUIPMENT
2023
$28K
PROGRAM
2023
$26K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$25K
UNRESTRICTED GENERAL SUPPORT
2023
$25K
SUPPORT CYBER SECUIRTY OPERATIONS CENTER AND AWARENESS LAB
2023
$25K
New Initiatives and Barrier Busting support
2023
$23K
General Support
2023
$20K
GENERAL OPERATING
2023
$20K
GENERAL OPERATIONS
2023
$20K
SCHOLARSHIPS
2023
$18K
general support
2023
$17K
HEALTH EDUCATION EQUIPMENT
2023
$15K
To support the Ivy Tech Community College 60th Anniversary Gala.
2023
$13K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$13K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$10K
IVY TECH TERRE HAUTE LAPTOP PROGRAM
2023
$10K
SCHOLARSHIPS FOR STUDENTS TO ATTEND LOCAL COLLEGE
2023
$10K
PLEDGE FOR BARBARA HILTON SCHOOL OF NURSING
2023
$10K
Nexus Grant
2023
$10K
TO SUPPORT SCHOLARSHIPS FOR HEALTHCARE PROFESSIONALS
2023
$10K
PLEDGE FOR BARBARA HILTON SCHOOL OF NURSING
2023
$10K
MENTORING/TUTORING MIDDLE GRADE MATH CAN; CAN LEADERSHIP RECOGNITION
2023
$10K
capital campaign
2023
$9K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$8K
JOHN P. & LAWRENCE J. GIACOLETTO SCHOLARSHIP
2023
$8K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
2023
$7K
CORPORATE DONATION
2023
$6K
FURTHER ORGS MISSION
2023
$6K
General Support
2023
$5K
SCHOLARSHIPS
2023
$5K
GENERAL SUPPORT
2023
$5K
OPERATING SUPPORT
2023
$5K
FUNDED PARTNER ALLOCATION
2023
$5K
UNRESTRICTED
2023
$5K
TO SUPPORT IVY TECH COMMUNITY COLLEGE
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$4K
TO SUPPORT THE COLLEGE
2023
$3K
UNRESTRICTED CONTRIBUTION
2023
$1K
General Support
2023
$1K
SCHOLARSHIPS
2023
$500
EDUCATION
2023
$355
NONPROFIT EXCELLENCE
2023
$300
UNRESTRICTED
2023
$240
GENERAL FUND
2023
$100
GENERAL OPERATING PURPOSE
2023
$6.9M
GENERAL SUPPORT
2022
$2.0M
TO EXPAND ITS NURSING PROGRAM AND INCREASE STUDENT ENROLLMENT. FOR INVESTMENTS IN ADDITIONAL LABS, EQUIPMENT, STUDENT SCHOLARSHIPS ALONG WITH RECRUITING TALENTED FACULTY AND STAFF.
2022
$1M
CHARITABLE GRANT
2022
$1M
YOUTH PROGRMS ON IN COLLEGE CAMPUSES
2022
$525K
OPERATING GRANT
2022
$479K
CAPITAL CAMPAIGN - MUNCIE CAMPUS & WORKMATTERS PROGRAM
2022
$361K
GENERAL CHARITABLE GIFT
2022
$328K
To Be Used at the Organization's Discretion
2022
$260K
BROTHER 2 BROTHER PROGRAM AT IVY TECH INDIANAPOLIS
2022
$250K
PLANNING PROGRAM
2022
$221K
Continued support for the Nina Scholars program to help non-traditional college students.
2022
$203K
For grant recipient's exempt purposes
2022
$200K
SCHOLARSHIP PROGRAM
2022
$150K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$150K
SCHOLARSHIPS/OPERATING
2022
$150K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2022
$135K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$125K
DIRECT GRANTS TO SMALL BUSINESSES
2022
$125K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$118K
GENERAL SUPPORT
2022
$107K
TO ASSIST THE ORGANIZATION IN FURTHERING ITS EXEMPT PURPOSE
2022
$100K
Continued support for the IGNITE program to help former foster care youth and youth who experienced homelessness successfully transition to college.
2022
$95K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$79K
MUNCIE-HENRY COUNTY WORKMATTERS PILO
2022
$60K
CULINARY PROGRAM
2022
$53K
SCHOLARSHIP
2022
$51K
Capital Campaign
2022
$50K
TO FACILITATE AN EXPANSION OF THE CYBER SECURITY WORKFORCE PROGRAM WITH CALUMET COLLEGE ST. JOSEPH
2022
$50K
ADVANCED MANUFACTURING EDUCATION LAB
2022
$50K
PURCHASE OF NINE ADDITIONAL WELDING BOOTHS AT THE EAST CHICAGO CAMPUS
2022
$50K
FISHER WELLNESS PARK-MUNCIE CAMPUS
2022
$50K
GENERAL SUPPORT & GRANT DONATION
2022
$50K
SURG TECH LAB SPACE IN NEW BUILDING PROJECT AT LOCAL COLLEGE
2022
$46K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$40K
SCHOLARSHIP
2022
$35K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$35K
GENERAL ASSISTANCE
2022
$35K
OPTIMUS PRIMARY & EARLY CHILDHOOD EDUCATION PIPELINE
2022
$35K
OPTIMUS PRIMARY & EARLY CHILDHOOD EDUCATION PIPELINE
2022
$34K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$30K
ANNUAL GRANT DISTRIBUTION AND DONOR ADVISED GRANT
2022

Funded by

$52.4M from 198 funders · 509 grants · 2017–2024

Lilly Endowment Inc

$11.4M · 10 grants · 2018–2023

Community Health Network Inc

$6.9M · 1 grant · 2022

North Central Health Services Inc

$2.9M · 2 grants · 2022–2023

Baptist Healthcare System Inc

$2.5M · 2 grants · 2021–2023

Fulk Family Foundation Inc

$2.5M · 11 grants · 2019–2023

Central Indiana Community Foundation Inc

$1.9M · 3 grants · 2019–2022

The Garatoni-Smith Family Foundation

$1.5M · 5 grants · 2020–2024

University of Notre Dame du Lac

$1.3M · 3 grants · 2020–2022

Details

EIN237073977
NTEE codeB114
Subsection03
Ruling date1970-08
Formed1969
Employees0
Volunteers400
IVY TECH FOUNDATION INC — Mission, Financials & Grants Received | Grantivo