Public Charity

INSTITUTE FOR DEFENSE AND BUSINESS

INSTITUTE FOR DEFENSE AND BUSINESS is a private foundation categorized as Public Charity based in CHAPEL HILL, NC. Its most recent IRS filing (2024) reports revenue of $6.1M, expenses of $5.4M, total assets of $3.3M.

EIN: 562068603 CHAPEL HILL, NC Latest filing: 2024
Total Revenue$6.1M
Total Expenses$5.4M
Total Assets$3.3M
Grants Given2
Filing Years2019–2024

Mission

IN ORDER TO FURTHER ITS EXEMPT PURPOSES, THE INSTITUTE FOR DEFENSE AND BUSINESS (IDB) FOSTERS SHOULDER-TO-SHOULDER EXCHANGES IN AN ACADEMIC SETTING AMONG THE U.S. DEPARTMENT OF DEFENSE (DOD), OTHER GOVERNMENT ORGANIZATIONS, AND THE PRIVATE SECTOR, (CONTINUED ON SCHEDULE O)DELIVERING EDUCATION AND RESEARCH PROGRAMS THAT PRESENT STIMULATING IDEAS TO FOSTER COLLABORATION AND ACHIEVE EXCELLENCE AND INNOVATION.

Officers & Directors

VICE PRESIDENT OF PROGRAM AND CURRICULUM, SENIOR P Arthur T Sturgeon Jr
PROGRAM DIRECTOR Clark Streets
VICE CHAIRWOMAN Judith A Fedder
DIRECTOR Kevin Sampels
VICE PRESIDENT, FINANCE AND ADMINISTRATION AND ASS Lisa C Rash
DIRECTOR Mark Cramer

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $6.1M $5.4M $3.3M
2023 $5.3M $5.2M $2.6M
2022 $4.8M $4.7M $2.3M
2020 $3.4M $3.3M $2.3M
2019 $5.0M $4.7M $2.3M

Between 2019 and 2024, reported annual revenue grew from $5.0M to $6.1M (+22%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IN.

IN

Full geographic grant map with state-by-state breakdown available with membership.

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