Everwise Foundation Inc
Everwise Foundation Inc is a private foundation based in South Bend, Indiana, established in 1995. The foundation is a 501(c)(3) organization that provides philanthropic support to organizations across multiple states, with a particular emphasis on its home region of Indiana and Michigan.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+3.1% YoY
Annual Giving
$268K
+30.9% YoY
Grant Count
57
+39.0% YoY
Avg Grant Size
$5K
-5.9% YoY
Under IRS private-foundation payout rules, Everwise Foundation Inc reported a distributable amount of $81K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Everwise Foundation focuses on endeavors that promote lifelong learning. The foundation's primary funding areas include:
- Financial Education: Supporting programs that help individuals develop sound financial management skills for children through adults
- Educational Programs: Supporting high-impact, measurable educational programs with lasting impact from preschool to adult education
- Mentoring: Supporting programs that offer encouragement, coaching, and support to students to help reach their full potential
- Scholarships: Awarding scholarships through accredited colleges, universities, or other scholarship-granting organizations for the benefit of selected students
- Member Matching Initiatives: Supporting charities and causes of special interest to members through matching grant programs
The foundation also supports general initiatives and has demonstrated commitment to programs addressing financial stability and upward mobility for working families.
Grantmaking
The foundation maintains a balanced approach to new applicants, with 39% of recent grants going to new grantees while maintaining loyal partnerships with established recipients. The foundation appears open to qualified applications, as the "Preselected Only" checkbox was not checked on recent filings.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation demonstrates highly concentrated geographic giving, with 94% of all grants concentrated in Indiana. Within Indiana, funding concentrates in:
- Indianapolis (24% of Indiana grants)
- South Bend (18% of Indiana grants)
- Elkhart (13% of Indiana grants)
The foundation also provides support to organizations in Michigan and has made grants in Minnesota and Washington D.C.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $1,472,655
- Total revenues: $325,653
- Total expenses: $210,114
Assets & Revenue (2024):
- Total assets: $1,620,299
- Total giving (all years): $1,203,329
Funding Trajectory: The foundation has experienced a 13% decline in funding over a seven-year period, which may indicate a more competitive application environment.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,519,005 | $1,472,655 | $1,357,116 |
| Revenue | $320,691 | $325,653 | $917,369 |
| Expenses | $274,341 | $210,114 | $217,599 |
| Qualifying Distributions | $267,621 | $204,530 | $213,179 |
| Net Investment Income | $37,445 | $30,279 | $16,986 |
| Distributable Amount | $80,894 | $70,185 | $61,336 |
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
236 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Goodwill Industries of Michiana ($25,000), Beacon Health Foundation ($15,000), Girl Scouts of Centrl Indiana ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAUGO COMMUNITY SCHOOLS ELKHART, IN | General | $2,000 |
| BEACON HEALTH FOUNDATION SOUTH BEND, IN | General | $15,000 |
| BIG BROTHERS BIG SISTERS OF CENTRAL INDIANA INDIANAPOLIS, IN | General | $10,000 |
| BOYS & GIRLS CLUBS ON INDIANAPOLIS INDIANAPOLIS, IN | General | $5,000 |
| CARMEL EDUCATION FOUNDATION CARMEL, IN | General | $2,000 |
| CHALLENGER LEARNING CENTER OF NORTHWEST INDIANA INC HAMMOND, IN | General | $9,000 |
| CLARK PLEASANT EDUCATION FOUNDATION WHITELAND, IN | General | $5,000 |
| COLLEGE MENTORS FOR KIDS INC INDIANAPOLIS, IN | General | $5,500 |
| CONCORD DOLLARS FOR SCHOLARS ELKKHART, IN | General | $2,000 |
| DEEPLY INGRAINED INDIANAPOLIS, IN | General | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by a volunteer board with limited paid staffing:
- Vincent Henderson - Chairman
- Thea Kelly - Vice Chairman
- Diane Maas - Treasurer
- John R Myers - Secretary
- Directors: Dan Rousseve, Shirley Golichowski, Jim Dubois, David Aranowski, Jackie Morales, Todd Brown, Art Vasquez
All board members serve with minimal time commitment (1 hour per week) and receive no compensation.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated active grantmaking in 2025, including:
$7,500 investment in United Way Northwest Indiana's Level Up program to support working families struggling with financial stability
Everwise Foundation Invests $7,500 in United Way Northwest Indiana\u2019\$5,000 grant to Questa Education Foundation for local student support
Fischoff Receives Grant from Everwise Foundation - Fischoff National ChamberContinued support for educational and cultural organizations including the Fischoff National Chamber Music Association
Fischoff Receives Grant from Everwise Foundation - Fischoff National ChamberThe foundation's recent grants reflect its commitment to programs that provide measurable impact and support community members in achieving financial stability and educational advancement.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Everwise Foundation Inc fund?
The Everwise Foundation focuses on endeavors that promote lifelong learning. The foundation's primary funding areas include: • **Financial Education**: Supporting programs that help individuals develop sound financial management skills for children through adults • **Educational Programs**: Supporting high-impact, measurable educational programs with lasting impact from preschool to adult education • **Mentoring**: Supporting programs that offer encouragement, coaching, and support to students …
How do I apply for a grant from Everwise Foundation Inc?
**Grant Characteristics:** • Individual grants range from $500 to $50,000 • Median grant award: $2,500 (historically); $5,000 in the most recent tax year • The foundation awarded 41 grants in 2023 and 57 grants in 2024 **Recent Grant Activity:** • $7,500 to United Way Northwest Indiana for the Level Up program (2025), which provides financial counseling, employment coaching, and local resources to working families • $15,000 to Elkhart Education Foundation (2023) • $10,000 to Boys and Girls Club…
Where does Everwise Foundation Inc make grants?
The foundation demonstrates highly concentrated geographic giving, with 94% of all grants concentrated in Indiana. Within Indiana, funding concentrates in: • Indianapolis (24% of Indiana grants) • South Bend (18% of Indiana grants) • Elkhart (13% of Indiana grants) The foundation also provides support to organizations in Michigan and has made grants in Minnesota and Washington D.C.
What size grants does Everwise Foundation Inc award?
In 2024, Everwise Foundation Inc awarded 57 grants totaling $268K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Everwise Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Everwise Foundation Inc reported a distributable amount of $81K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Everwise Foundation Inc's EIN?
Everwise Foundation Inc's EIN (Employer Identification Number) is 35-1939838. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Everwise Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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