Care Institute Group Inc

INDIANAPOLIS, IN EIN: 35-1902145

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

15states
+7 more states

Cities

ArlingtonAshlandBeech GroveBostonChestnut HillChicagoCliftonCorpus ChristiDenverDurhamFishersFrankfortIndianapolisIndianpolisIrvineKansas CityKennett SquareKing Of PrussiaKnoxvilleKokomo

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$426K$851K$1M$2M201920202021202220232024
Metric202420232022
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

$0$343K$686K$1M$1M46 grants201946 grants202046 grants202147 grants202241 grants202336 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Emerald Youth Foundation$200KBoston University Schola…$125KAmerican Cancer Society$115KDuke University$100KKnoxville Zoo$100KKnoebel Insititute for H…$50KUSC Leonard Davis School…$50KThe University of Tennes…$50KBoston College - Carroll…$30KSt Vincent DePaul - St M…$30K

Grant Size Distribution

216 grants across all recorded years

180<$50K18$50–100K18$100–250K$250–500K$500K–1M$1–5M$5M+

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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