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.
Public Charity
IVY TECH FOUNDATION INC
IVY TECH FOUNDATION INC is a nonprofit organization categorized as Public Charity based in INDIANAPOLIS, IN. Its most recent IRS filing (2025) reports revenue of $40.3M, expenses of $30.6M, total assets of $165.5M. Imperigo tracks 300 reported grant relationships connected to this organization totaling approximately $33.7M.
EIN: 237073977
INDIANAPOLIS, IN
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$40.3M
Total Expenses$30.6M
Total Assets$165.5M
Grant Records300
Funding Total$33.7M
Filing Years2021–2025
Where $100 goes at Ivy Tech Foundation Inc
How Ivy Tech Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$88
Programs
the work itself
$10
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $88 for programs
$28
Helping fund other program expenditures for ivy tech community college of indiana, including faculty and staff development, employee recognition, and community outreach expenditures
$27
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
$21
The Ivy Tech Foundation provides scholarships, grants, and financial support to assist ivy tech students with tuition, educational related expenses, and non-tuition barriers
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
TO ASSIST THE ORGANIZATION IN FURTHERING ITS EXEMPT PURPOSE
$119,603
SKILLS TO SUCCEED
$101,750
GENERAL SUPPORT
$56,205
To support corrugated packaging program by providing student scholarships
$50,000
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
$28,600
Showing up to 5 of 300 total records — full history available with membership.
Officers & Directors
ASSISTANT SECRETARY
Albie Marco
BOARD MEMBER
Alisa Hecimovich
BOARD MEMBER
Alpa Patel
BOARD MEMBER
Amy Fryman
VICE PRESIDENT, FORMER
Becky Miller
TREASURER
Brian Stater
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $40.3M | $30.6M | $165.5M |
| 2024 | $23.0M | $27.2M | $149.9M |
| 2023 | $41.1M | $24.9M | $147.8M |
| 2022 | $38.6M | $26.7M | $133.2M |
| 2021 | $30.1M | $19.2M | $133.2M |
Between 2021 and 2025, reported annual revenue grew from $30.1M to $40.3M (+34%), with total assets most recently reported at $165.5M.
Interactive year-over-year charts and full filing details available with membership.