Everwise Foundation Inc logo

Everwise Foundation Inc

SOUTH BEND, IN EIN: 35-1939838 Website

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

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

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

5states

Cities

ArgosBourbonCarmelCrafordsvilleCulverDaytonElkhartElkkhartFishersFort WayneFranklinFt WayneGoshenGreencastleGreenwoodHammondHollandHuntingtonIndianapolisIndianpolis

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$252K$505K$757K$1M201920202021202220232024
Metric202420232022
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

$0$67K$134K$201K$268K40 grants201950 grants202050 grants202145 grants202241 grants202357 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GOODWILL INDUSTRIES OF M…$25KBEACON HEALTH FOUNDATION$15KGIRL SCOUTS OF CENTRL IN…$15KPLAYWORKS INDIANA$15KBIG BROTHERS BIG SISTERS…$10KGIRLS INC OF GREATER IND…$10KINDIANAPOLIS PUBLIC LIBR…$10KST JOSEPH COUNTY PUBLIC …$10KCHALLENGER LEARNING CENT…$9KUNITED WAY OF NORTHWEST …$8K

Grant Size Distribution

236 grants across all recorded years

236<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

2025

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 Chamber

Continued support for educational and cultural organizations including the Fischoff National Chamber Music Association

Fischoff Receives Grant from Everwise Foundation - Fischoff National Chamber

The 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

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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