Care Institute Group Inc is a private foundation located in Indianapolis, Indiana. The organization was incorporated as an Indiana non-stock nonprofit corporation on October 28, 1993. It operates as a 501(c)(3) organization with tax-deductible status.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-14.5% YoY
Annual Giving
$1.1M
+26.8% YoY
Grant Count
36
-12.2% YoY
Avg Grant Size
$31K
+44.4% YoY
Mission & Focus Areas
Care Institute Group provides centralized executive and administrative services to three affiliated nonprofit corporations that deliver healthcare services to the community. The foundation's primary mission is to provide for the general welfare and promote health of community members by establishing, owning, maintaining, and operating nursing homes, related healthcare facilities, and residential assisted living facilities designed to meet the housing, health, and financial security needs of the elderly.
The foundation supports a range of grant types including general purpose funding, event sponsorship, scholarships, giving campaigns, and capital campaigns.
Grantmaking
Care Institute Group made 47 grants in the most recent reporting year.
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Geographic Focus
Where this funder awards grants
The foundation is based in Indianapolis, Indiana, with a primary focus on serving the local community.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Summary:
- Total revenues: $888,415
- Total expenses: $1,291,374
- Total assets: $2,369,135
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,369,135 | $2,772,094 | $3,459,447 |
| Revenue | $888,415 | $376,018 | $366,576 |
| Expenses | $1,291,374 | $1,063,371 | $1,135,387 |
| Qualifying Distributions | $1,219,813 | $980,866 | $1,032,416 |
| Net Investment Income | $818,764 | $293,513 | $281,292 |
| Distributable Amount | $241,488 | $237,944 | $277,371 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
216 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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