Healthcare Initiatives Inc
Healthcare Initiatives Inc is a private foundation based in Indianapolis, Indiana. It supports the advancement of human health and well-being through grants and donations to qualified nonprofit organizations.
Healthcare Initiatives Inc at a glance
In short: Healthcare Initiatives Inc gave $665K across 53 grants in 2024 (avg $13K), mostly in Indiana. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $664,500
- -3.7% vs 2023
- Grants made (2024)
- 53
- -8.6% vs 2023
- Average grant
- $12,538
- +5.4% vs 2023
- Median grant
- $5,000
- Total assets
- $19,909,118
- +1.1% vs 2023
- New grantees (estimate)
- 44% first-time grantees (23 of 52, 2024)
- Primary geography
- Indiana (94% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Healthcare Initiatives Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 9465 Counselors Row 200, Indianapolis, IN 46240
Phone: (317) 805-4869
Website: https://www.healthcareinitiativesinc.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Healthcare Initiatives Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hope Academy Recovery High School ($50K). Together the top 10 received $330K.
Grant Size Distribution
279 grants across all recorded years
The most common grant size was under $50K: 262 grants of 279 (94%).
Geographic Focus
Where this funder awards grants
In 2024, 94% of grant dollars went to recipients in Indiana. The remaining reported shares were Michigan (4%), North Carolina (1%), Kansas (1%), and Illinois (0%).
Grant Distribution by State
Share of 2024 grant dollars across all 53 itemized grants.
States
Cities
Is Healthcare Initiatives Inc open to new grantees?
44%
first-time grantees, 2024
In 2024, 23 of 52 grantees (44%) were first-time recipients. First grants averaged $9K; repeat grants $16K. How we count
Medians: $5K first-time, $10K repeat.
- 44% of 2024 grantees were also funded in 2023. Method
- Giving fell 29% from 2021 to 2024. Method
- In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $664K (2022) to $939K (2021). In 2024 it made 53 grants totaling $665K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Academy Recovery High School Indianapolis, IN | Educational Profressionalism/Medical Support | $50,000 |
| MLK Center Indianapolis, IN | Housing/Utility Barrier Busting Fund and General Support | $50,000 |
| Lifesmart Youth (Social Health Association) Indianapolis, IN | Mental health, human growth and development and operating support | $50,000 |
| Indiana Blind Children's Foundation Indianapolis, IN | Adaptive Kitchen | $30,000 |
| A Kid Again Indianapolis, IN | Medical Education and Advocacy | $25,000 |
| Gleaners Food Bank of Indiana Inc Indianapolis, IN | Resource Center, in Partnership with Genessaret | $25,000 |
| Indiana Center for Youth Abuse & Suicide Carmel, IN | Center Grove Community Schools and Digital Safety Programming | $25,000 |
| Joy's House (TMP Enterprises Inc) Indianapolis, IN | General Operating Support | $25,000 |
| Rehabilitation Hospital of Indiana Indianapolis, IN | Physical Medicine and Rehab Resident Support | $25,000 |
| The Village of Merici Inc Indianapolis, IN | Technology Support | $25,000 |
Ready to take the next step with Healthcare Initiatives Inc?
Financial History
Multi-year comparison from IRS filings
The foundation’s website reports that it distributed $5,700,849 in grants and donations from its inception through December 31, 2024.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $19,909,118 | $1,813,826 | $1,127,526 | $664,500 | 53 | $957,882 | $1,644,172 | $970,082 |
| 2023 | $19,692,502 | $709,716 | $1,209,069 | $689,725 | 58 | $988,056 | $488,703 | $942,786 |
| 2022 | $18,567,909 | $480,285 | $1,079,651 | $663,984 | 49 | $916,223 | $316,857 | $963,306 |
| 2021 | $22,413,997 | $2,038,647 | $1,418,997 | $938,500 | 69 | $1,200,562 | $1,795,264 | $1,125,200 |
| 2020 | $23,254,307 | $370,021 | $1,262,204 | $817,500 | 50 | — | $145,783 | $1,016,424 |
| 2019 | $20,977,143 | $3,069,888 | $1,116,947 | $668,146 | 48 | — | $2,858,325 | $940,344 |
Under IRS private-foundation payout rules, Healthcare Initiatives Inc reported a distributable amount of $970K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is to support the advancement of human health and well-being. Its stated funding objectives include sharing information to promote healthy lifestyles, developing or advancing programs that provide medical services, and providing educational opportunities to improve human health.
Its 2024 grants included support for organizations serving people with a range of needs. For example, the Indiana Blind Children’s Foundation says it empowers Indiana youth who are blind or have low vision and supports their families; A Kid Again says it provides hope, happiness, and healing to families raising children with life-threatening conditions; and the Village of Merici says it supports independent living for adults with intellectual and developmental disabilities.
Grantmaking
In 2024, Healthcare Initiatives Inc made 53 grants totaling $664,500. Grant amounts ranged from $2,500 to $50,000, with a median of $5,000. Notable grants included $50,000 each to Hope Academy Recovery High School, the MLK Center, and LifeSmart Youth; and $30,000 to the Indiana Blind Children’s Foundation. Other grants included $25,000 to A Kid Again, Gleaners Food Bank of Indiana, the Indiana Center for Youth Abuse & Suicide, Joy’s House, Rehabilitation Hospital of Indiana, the Village of Merici, and Brooke’s Place.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Edward R. Schmidt as chairman; Kenneth L. Sonner as vice chairman/treasurer; Timothy Harden as secretary; Haley Gilroy as president/executive director; and W. Jason Deppen, Patricia Roe, and Timothy Robinson as directors.
Healthcare Initiatives Inc is led by Haley Gilroy, President & Executive Director on every filing since 2019; 6 of 7 officers listed in 2024 are compensated.
Officers on the 2024 filing
Haley Gilroy
President & Executive Director
On filings since 2019
30 hrs/week
$88K (2019) → $118K (2024)
Edward R. Schmidt
Chairman
On filings since 2019
3 hrs/week
$24K (2019) → $28K (2024)
Patricia Roe
Director
On filings since 2019
1 hr/week
$18K (2019) → $22K (2024)
Timothy Robinson
Director
On filings since 2023
1 hr/week
$20K (2023) → $22K (2024)
W. Jason Deppen
Director
On filings since 2022
1 hr/week
No compensation reported
Kenneth L. Sonner
Vice Chairman & Treasurer
On filings since 2019
3 hrs/week
$21K (2019) → $25K (2024)
Timothy Harden
Secretary
On filings since 2019
1 hr/week
$18K (2019) → $22K (2024)
Former officers (2)
- Former: Robert Fisher Decd (2021) — Director
- Former: Robert Fisher (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $118K, to Haley Gilroy (President/Executive Director). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Healthcare Initiatives Inc
How much does Healthcare Initiatives Inc give each year?
Healthcare Initiatives Inc gave $665K across 53 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $690K across 58 grants.
What is Healthcare Initiatives Inc's typical grant size?
Healthcare Initiatives Inc's median grant in 2024 was $5,000, and its average grant was $12,538, across 53 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Healthcare Initiatives Inc that year got $9K on average.
Where does Healthcare Initiatives Inc give grants?
Healthcare Initiatives Inc gives mostly in Indiana: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (36 grants), Carmel, IN (3 grants) and Zionsville, IN (3 grants).
Does Healthcare Initiatives Inc give general operating support?
Yes: 49% of Healthcare Initiatives Inc's 2024 grants with a stated purpose (26 of 53) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Healthcare Initiatives Inc's largest grantees?
Healthcare Initiatives Inc's largest 2024 grantees include Hope Academy Recovery High School ($50,000), MLK Center ($50,000) and Lifesmart Youth (Social Health Association) ($50,000), according to its 2024 IRS Form 990-PF. Together they received 23% of its itemized 2024 grant dollars.
How large is Healthcare Initiatives Inc?
Healthcare Initiatives Inc reported $19.9M in total assets on its 2024 IRS Form 990-PF. It paid out $958K in qualifying distributions that year, against a required minimum of $970K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Healthcare Initiatives Inc fund?
The foundation’s mission is to support the advancement of human health and well-being. See mission & focus areas ↑
How do I apply for a grant from Healthcare Initiatives Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Healthcare Initiatives Inc's EIN?
Healthcare Initiatives Inc's EIN (Employer Identification Number) is 35-1392974. IRS Form 990 filing data is available on this page for 2019–2024.
Does Healthcare Initiatives Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 6, 2021)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Healthcare Initiatives Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Healthcare Initiatives Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/healthcare-initiatives-inc-morg_2bada87fe255464099a45d37ab4219d7
BibTeX
@misc{grantable_351392974_2026,
author = {{Grantable}},
title = {{Healthcare Initiatives Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/healthcare-initiatives-inc-morg_2bada87fe255464099a45d37ab4219d7},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Healthcare Initiatives Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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