The Damar Foundation works to increase public awareness and financial support of Damar Services, Inc., an organization that has provided a range of charitable and educational services to children, youth, adults, and families for 50 years, and to maintain and preserve certain assets (real and personal) used in the delivery of the supported organization's programs. Services include residential and community-based treatment programs, outpatient, and educational services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$63.5M
+6.6% YoY
Revenue
$3.4M
-24.8% YoY
Net Investment Income
$1.6M
-14.6% YoY
Expenses
$2.0M
-12.2% YoY
About Damar Foundation Inc
Based on IRS filings
Damar Foundation Inc is a nonprofit organization focused on Human Services, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $63.5M in total assets. Net investment income was $1.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $63,519,831 | $59,592,245 | $56,354,966 |
| Revenue | $3,393,389 | $4,510,159 | $4,342,895 |
| Expenses | $2,007,164 | $2,285,217 | $2,355,021 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,555,680 | $1,820,816 | $2,396,581 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bob Kort | Chair | 2 | — |
| Jeff Hadden | Vice Chair | 1 | — |
| Ali Fell | Director | 1 | — |
| Chris Wilkes | Director | 1 | — |
| Gary Harris | Director | 1 | — |
| Greg Keele | Director | 1 | — |
| Happy Dhani | Director | 1 | — |
| Lisa Grimes | Director | 1 | — |
| Mary Beth Oakes | Director | 1 | — |
| Shawn Collinsworth | President | 40 | $183,056 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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