Garry and Mary Lou Estes Foundation Inc

HOPE, IN EIN: 88-3061439

Garry and Mary Lou Estes Foundation Inc is a private foundation focused on Education, based in HOPE, IN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 21 grants totaling $86K. Net investment income was $30K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+2.4% YoY

Annual Giving

$86K

+53.8% YoY

Grant Count

21

+50.0% YoY

Avg Grant Size

$4K

+2.6% YoY

About Garry and Mary Lou Estes Foundation Inc

Based on IRS filings

Garry and Mary Lou Estes Foundation Inc is a private foundation focused on Education, based in HOPE, IN. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 21 grants totaling $86K. Net investment income was $30K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AngolaCarmelCincinnatiColumbusEvansvilleFranklinHanoverHopeIndianapolisManhattanMcewenMuncieNashvilleOaklandSt HopeSt Mary Of The WoodsTerre HauteTrentonUnionUpland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$312K$625K$937K$1M202220232024
Metric202420232022
Total Assets$1,179,765$1,152,654$1,129,645
Revenue$47,085$35,509$1,136,121
Expenses$109,868$87,941$21,862
Qualifying Distributions$88,681$58,392$19,061
Net Investment Income$29,822$15,920$1,716
Distributable Amount$57,869$54,692$47,851

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$43K$65K$86K3 grants202214 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN WELDING ACADEMY$26KNORTH AMERICAN LINEMAN T…$10KPURDUE UNIVERSITY$7KVINCENNES UNIVERSITY$7KIVY TECH COMMUNITY COLLEGE$6KAVEDA INSTITUTE$5KIU INDIANAPOLIS$5KUNIVERSITY OF INDIANAPOLIS$5KIU COLUMBUS$4KUNIVERSITY OF CINCINNATI$3K

Grant Size Distribution

38 grants across all recorded years

38<$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

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RIKKI HEGEPRESIDENT10
BRENTON MCKINNEYVICE PRESIDENT3
ANDREA HATTONSECRETARY AND TREASURER6
REX BAXTERDIRECTOR1

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.

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