Heart of the House Foundation Inc

INDIANAPOLIS, IN EIN: 82-0593120

Heart of the House Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $43K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$43K

+433.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$21K

+166.5% YoY

Under IRS private-foundation payout rules, Heart of the House Foundation Inc reported a distributable amount of $744 for 2021 — the minimum it must pay out in qualifying distributions.

About Heart of the House Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $51K (100%)

States

Indiana

Cities

Indianapolis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$4,215
Revenue	$44,756	$14,145
Expenses	$48,971	$14,343
Qualifying Distributions	$42,596	—
Net Investment Income	—	—
Distributable Amount	$744	$327

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Various Recipients ($36,959), Immigrant Welcome Center ($5,637).

Recipient	Purpose	Amount
IMMIGRANT WELCOME CENTER INDIANAPOLIS, IN	TO BENEFIT THE LIVE LOCAL, THINK GLOBAL EVENT WHICH PROVIDES RESOURCES FOR MEMBERS OF THE IMMIGRANT COMMUNITY TO SUCCEED THROUGH OUTREACH, EDUCATION, AND OTHER ACTIVITIES.	$5,637
VARIOUS RECIPIENTS INDIANAPOLIS, IN	TO PROVIDE ASSISTANCE TO HOSPITALITY WORKERS DURING THE PANDEMIC	$36,959

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
CHRIS TAYLOR	PRESIDENT	1	—
TERRI DOWNS	EXECUTIVE DIRECTOR	40	—
JANE HAMILTON	BOARD DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Heart of the House Foundation Inc?

Heart of the House Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds — in total assets as of 2021.

Where does Heart of the House Foundation Inc operate?

Heart of the House Foundation Inc has awarded grants in Indiana.

What size grants does Heart of the House Foundation Inc award?

In 2021, Heart of the House Foundation Inc awarded 2 grants totaling $43K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Heart of the House Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Heart of the House Foundation Inc reported a distributable amount of $744 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Heart of the House Foundation Inc's EIN?

Heart of the House Foundation Inc's EIN (Employer Identification Number) is 82-0593120. IRS Form 990 filing data is available on this page for 2020–2021.