Mission
THE PURPOSE OF THE FOUNDATION IS TO DEVELOP, PROMOTE, FINANCE, SUPERVISE AND ADMINISTER EDUCATIONAL PROGRAMS.
Public Charity
THE EXPERIENTIAL LEARNING & ENTREPRENEURSHIP FOUNDATION INC
Based in CARMEL, IN, THE EXPERIENTIAL LEARNING & ENTREPRENEURSHIP FOUNDATION INC operates as a Public Charity. The organization reported $174 in revenue, $746K in expenses for fiscal year 2025. Imperigo tracks 7 reported grants from this foundation totaling approximately $742K.
EIN: 351434281
CARMEL, IN
Latest filing: 2025
Total Revenue$174
Total Expenses$746K
Grants Given7
Grant Total$742K
Filing Years2021–2025
Where $100 goes at The Experiential Learning & Entrepreneurship Foundation Inc
How The Experiential Learning & Entrepreneurship Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$98
Programs
the work itself
$2
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $98 for programs
$98
Experiential learning and entrepreneurship assists educational organizations in the development and implementation of various educational programs for schoolchildren in central indiana
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 Given
TO SUPPORT EDUCATION PROGRAMS
$280,000
TO SUPPORT EDUCATION PROGRAMS
$150,000
TO SUPPORT EDUCATION PROGRAMS
$75,000
TO SUPPORT EDUCATION PROGRAMS
$75,000
TO SUPPORT EDUCATION PROGRAMS
$75,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT
Bob Palmer
BOARD MEMBER
Cheryl Watson
BOARD MEMBER
Chris Lamothe
BOARD CHAIRMAN
Gary Aletto
BOARD MEMBER
Greg Kroot
SECRETARY/TREASURER
Mike Wells
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $174 | $746K | — |
| 2024 | $8K | — | $746K |
| 2023 | $28K | $14K | $738K |
| 2022 | $6.0M | $1.1M | $724K |
| 2021 | $928K | $1.1M | $5.1M |
Between 2021 and 2025, reported annual revenue declined from $928K to $174 (-100%).
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in IN, KS.
INKS
Full geographic grant map with state-by-state breakdown available with membership.