NonprofitsThe Mind Trust Inc

Education

The Mind Trust Inc

INDIANAPOLIS, IN

Total revenue

$57.9M

Total expenses

$35.6M

Net assets

$54.4M

Grants received

$89.3M

90 grants

EIN

204560286

Tax year

2024

Mission

The mind trust is an education nonprofit organization focused on systemic changes that ensure every student in indianapolis, across indiana and connecticut, and beyond has access to an excellent education. Since launching in 2006, the mind trust has supported the launch of more than 50 schools that will serve over 22,000 students at scale alongside 15 education nonprofit organizations that are leading education change. In every region they serve, the mind trust strives to provide every student access to an excellent education by amplifying the power of neighborhoods and communities to lead education change and supporting schools to grow and excel in a thriving education ecosystem.

Programs

1 program

The mind trust's team is focused on creating and managing innovative programs. The mind trust has helped develop and manage transformative programs that enhance student learning through partnerships with the indiana department of education, including indiana learns, indy summer learning labs, and expanding what works. In addition, the mind trust supports indianapolis partners to improve the city's education ecosystem and national partners in the development of other city proof points for education transitions. In fy25, the mind trust managed the indiana learns, indy summer learning labs, and expanding what works programs and supported a national partner to design and facilitate the north star fellowship in connecticut as a strategy to meet the need for more high-quality public school options in connecticut.

Expenses: $19.7MGrants: $15.6M

Financials

FY 2024

Revenue

Contributions & grants$35.7M
Program service revenue$21.1M
Investment income$1.2M
Other revenue
Total revenue$57.9M

Expenses

Grants paid$26.4M
Salaries & benefits$6.2M
Fundraising$524K
Other expenses$2.9M
Total expenses$35.6M
Total assets$58.7M
Net assets$54.4M

People

25 listed

NameRoleCompensation

BRANDON BROWN

CEO

Board

$363K

40 hrs/wk

CORRIE LAPP

SVP OF FINANCE

Board

$201K

40 hrs/wk

JIM SCHUMACHER

BOARD CHAIR

Board

0.5 hrs/wk

ANN MURTLOW

BOARD TREASURER

Board

0.5 hrs/wk

STEVEN JONES

SECRETARY

Board

0.25 hrs/wk

RODNEY BYRNES

DIRECTOR

Board

0.25 hrs/wk

MIRIAM ACEVEDO DAVIS

DIRECTOR

Board

0.25 hrs/wk

NAEHA DEAN

DIRECTOR

Board

0.25 hrs/wk

DAVID HARRIS

DIRECTOR

Board

0.25 hrs/wk

REBECCA KUBACKI

DIRECTOR

Board

0.25 hrs/wk

MAGGIE LEWIS

DIRECTOR

Board

0.25 hrs/wk

MARK MILES

DIRECTOR

Board

0.25 hrs/wk

JANE PAULEY

DIRECTOR

Board

0.25 hrs/wk

DAVID SHANE

DIRECTOR

Board

0.25 hrs/wk

BILL SHREWSBERRY

DIRECTOR

Board

0.25 hrs/wk

LESLIE SHEGOG

EXECUTIVE VP AND COO

Staff

$257K

40 hrs/wk

KRISTIN GRIMME

CHIEF STRATEGY OFFICER

Staff

$219K

40 hrs/wk

PATRICK JONES

SVP LEADERSHIP & EQUITY

Staff

$192K

40 hrs/wk

KELLI MARSHALL

SVP OF SCHOOLS

Staff

$183K

40 hrs/wk

KIMBERLY PRESTON

SVP OF POLICY

Staff

$183K

40 hrs/wk

SEANA MURPHY

SD INDIANA LEARNS

Staff

$140K

40 hrs/wk

LAUREN PETERSON

VP OF COMMUNITY ENGAGEMENT

Staff

$135K

40 hrs/wk

LUKE LENNON

SD LEADERSHIP & DEV

Staff

$133K

40 hrs/wk

MADELINE POULAKIDAS

SD OF FINANCE AND OPERATION

Staff

$126K

40 hrs/wk

STACY HELMUTH

SD OF DEVELOPEMENT

Staff

$123K

40 hrs/wk

Independent contractors

QUAD C LE HOLDINGS LLC DBA LAVINIA GROUP

CONSULTING FOR PROFESSIONAL DEVELOPMENT

$513K

OAK ROSE GROUP LLC

CONSULTING SERVICES FOR LOCAL EDUCATION

$272K

ELMCO LLC DBA HUNTINGTON LEARNING CENTER

TUTORING FOR ELIGIBLE STUDENTS THROUGH T

$266K

ROUTE TO READING LTD

TUTORING FOR ELIGIBLE STUDENTS THROUGH T

$168K

BILINGUAL BRIDGES

TUTORING FOR ELIGIBLE STUDENTS THROUGH T

$165K

Grants received

Showing 90 of 90

FromAmountPurposeYear
$1.2M
TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S.
2024
$300K
ADVANCING EDUCATIONAL EQUITY
2024
$150K
CALL TO EFFECTIVE ACTION
2024
$101K
To Be Used at the Organization's Discretion
2024
$63K
Thrive grant recipient
2024
$3K
CIVIC/COMMUNITY PROGRAMMING
2024
$9.1M
TO SUPPORT CAPACITY DEVELOPMENT OF SENIOR LEADERSHIP
2023
$5.4M
TO SUPPORT SUMMER BOOST
2023
$1.3M
General Operating Support 2023-2025
2023
$1.2M
TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S.
2023
$1.2M
TO SUPPORT THE LAUNCH OF THE EDUCATION CHAMPION ORGANIZATION READY THAT AIMS TO CREATE A CITY-WIDE VISION FOR EDUCATION SYSTEMS CHANGE TO IMPROVE THE EDUCATION AND LIFE OUTCOMES FOR ROCHESTER STUDENTS.(THE PURPOSE). READY, SHALL BE LAUNCHED AND LED BY DR. SHANAI LEE, A ROCHESTER EDUCATION FELLOW.
2023
$1M
CONNECTICUT CHARTER SCHOOL INCUBATOR
2023
$685K
INDPLS PARENT ENGAGEMENT PROGRAMS
2023
$300K
ADVANCING EDUCATIONAL EQUITY
2023
$250K
To support a network and coaching program for school district innovation leaders.
2023
$250K
To Support policy research and analysis in Indiana.
2023
$210K
Pilot to improve math instruction in Marion County in partnership with Instruction Partners
2023
$200K
The Mind Trust's Go Farther Literacy Fund & Advancing Educational Equity
2023
$188K
For grant recipient's exempt purposes
2023
$63K
Thrive grant recipient
2023
$59K
EMPLOYEE MATCHING GIFT(S)
2023
$47K
"WE ARE READY" CAMPAIGN
2023
$15K
To Be Used at the Organization's Discretion
2023
$10K
To Be Used at the Organization's Discretion
2023
$5K
GENERAL CHARITABLE PURPOSE
2023
$3K
CELEBRATING EDUCATION INNOVATION
2023
$11.3M
TO SUPPORT GRANTEE'S COMMUNICATIONS CAPACITY, STAKEHOLDER ENGAGEMENT, AND STORYTELLING IN INDIANAPOLIS
2022
$5.5M
HUMAN SERVICES
2022
$4.3M
TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S.
2022
$3.1M
TEACH FOR AMERICA (INDPLS) PROGRAM
2022
$1M
General Operating Support 2020-2022
2022
$635K
INDPLS PARENT ENGAGEMENT PROGRAMS
2022
$435K
Pilot to improve math instruction in Marion County in partnership with Instruction Partners
2022
$330K
Support for Relay National Principals Academy Fellowship (NPAF) 2020-2022
2022
$300K
ADVANCING EDUCATIONAL EQUITY
2022
$131K
CHARITABLE PURPOSE
2022
$125K
To help Develop and disseminate nonpartisan information related to education policy at the local, district, and state levels.
2022
$76K
To Be Used at the Organization's Discretion
2022
$62K
For grant recipient's exempt purposes
2022
$10K
EMPLOYEE MATCHING GIFT(S)
2022
$10K
PROGRAMMING ASSISTANCE
2022
$10K
EDUCATIONAL EXCELLENCE AWARDS GALA
2022
$10K
SUPPORT PROGRAM
2022
$5K
GENERAL CHARITABLE PURPOSE
2022
$3.8M
INNOVATION NETWORK SCHOOLS PROGRAM
2021
$525K
INDPLS PARENT ENGAGEMENT PROGRAMS
2021
$225K
IMPLEMENTATION OF INNOVATIVE LEARNING HUBS THAT MEET THE NEEDS OF VULNERABLE STUDENT GROUPS
2021
$213K
OPERATING SUPPORT
2021
$41K
For grant recipient's exempt purposes
2021
$41K
For grant recipient's exempt purposes
2021
$15K
TO COMPENSATE ORGANIZATIONS, IN PART, FOR THE TIME THEIR STAFF WILL NEED TO DEDICATE TO COMPLETING THE THREE COURSES IN THE 2022 SCHOOL FINANCE EQUITY TRAININGS
2021
$9K
PROVIDED NEEDED SUPPLIES TO STUDENTS IN NEED
2021
$5K
GENERAL CHARITABLE PURPOSE
2021
$15.0M
OPERATING SUPPORT
2020
$3.5M
TEACH FOR AMERICA (INDIANAPOLIS)
2020
$2.6M
Support for The Mind Trust High-Quality Schools Plan
2020
$675K
TO CATALYZE, DEVELOP AND SUSTAIN DURABLE CHANGE WITHIN SCHOOL DISTRICTS BY LEVERAGING INNOVATIVE USES OF STAFF, SPACE, TIME AND COMMUNITY PARTNERSHIPS.
2020
$500K
COVID19 INDIANAPOLIS LEARNING SITES
2020
$400K
General Operating Support
2020
$350K
HIGH QUALITY SCHOOLS PLAN (GROW GREAT SCHOOLS CAMPAIGN)
2020
$330K
Relay Graduate School of Education National Principals Academy Fellowship
2020
$293K
Pilot to improve math instruction in Marion County in partnership with Instruction Partners
2020
$250K
INDIANAPOLIS E-LEARNING LAB
2020
$203K
OPERATING SUPPORT
2020
$173K
CHARITABLE PURPOSE
2020
$33K
For grant recipient's exempt purposes
2020
$25K
COVID-19 Professional Development
2020
$18K
EMPLOYEE MATCHING GIFT(S)
2020
$15K
To Be Used at the Organization's Discretion
2020
$13K
ASSISTANCE TO SCHOOL
2020
$10K
GENERAL CHARITABLE PURPOSE
2020
$5K
GENERAL SUPPORT
2020
$5K
GENERAL PURPOSES
2020
$1K
EDUCATIONAL
2020
$250K
The Mind Trust High Quality Schools Plan
2019
$8K
For grant recipient's exempt purposes
2019
$3K
GENERAL PURPOSES
2019
$3.4M
SUPPORT TEACH FOR AMERICA (INDPLS)
2018
$50K
Grow Great Schools Campaign
2018
$9K
EMPLOYEE MATCHING GIFT(S)
2018
$6K
For grant recipient's exempt purposes
2018
$7K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$89.3M from 32 funders · 90 grants · 2017–2024

City Fund

$36.8M · 5 grants · 2020–2023

Lilly Endowment Inc

$16.1M · 13 grants · 2018–2023

National Philanthropic Trust

$11.0M · 2 grants · 2022–2023

The Bloomberg Family Foundation Inc

$6.7M · 3 grants · 2022–2024

50Can Inc

$5.4M · 1 grant · 2023

Richard M Fairbanks Foundation Inc

$4.2M · 8 grants · 2020–2023

Walton Family Foundation Inc

$3.2M · 4 grants · 2020–2023

Eli Lilly And Company Foundation

$1.5M · 5 grants · 2020–2024

Details

EIN204560286
NTEE codeB052
Subsection03
Ruling date2007-03
Formed2006
Employees43
Volunteers10
THE MIND TRUST INC — Mission, Financials & Grants Received | Grantivo