Hulman & Company Foundation Inc

INDIANAPOLIS, IN EIN: 35-2063427

Hulman & Company Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.7M in total assets. In 2024, it awarded 37 grants totaling $850K. Net investment income was $1.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.7M

+2.3% YoY

Annual Giving

$850K

+203.4% YoY

Grant Count

37

+362.5% YoY

Avg Grant Size

$23K

-34.4% YoY

Under IRS private-foundation payout rules, Hulman & Company Foundation Inc reported a distributable amount of $898K for 2024 — the minimum it must pay out in qualifying distributions.

About Hulman & Company Foundation Inc

Based on IRS filings

Hulman & Company Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.7M in total assets. In 2024, it awarded 37 grants totaling $850K. Net investment income was $1.2M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BooneChicagoCovingtonEvansvilleIndianapolisLas VegasRochesterSaint Mary Of The WoodSaten IslandTerre HauteWest Terre Haute

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
Total Assets$17,664,349$17,263,946$4,906,763
Revenue$1,301,561$12,668,522$185,456
Expenses$901,158$311,339$255,246
Qualifying Distributions$849,500$280,000$230,000
Net Investment Income$1,238,240$355,583$160,210
Distributable Amount$897,891$594,653$255,797

Giving Over Time

Total grant dollars and number of grants per year

$0$212K$425K$637K$850K10 grants20209 grants20219 grants20228 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Indianapolis Motor Speed…$125KSwope Art Museum$113KConquer Paralysis NOW$50KMayo Clinic$50KFriends of Rea Park inc$50KAmerican Red Cross of Gr…$25KGleaners Food Bank of In…$25KSaint Mary-of-the-Woods …$25KWabash Valley Community …$25KRose Hulman Institute of…$25K

Grant Size Distribution

73 grants across all recorded years

64<$50K6$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Indianapolis Motor Speedway Foundation ($125,000), Swope Art Museum ($112,500), Conquer Paralysis NOW ($50,000).

RecipientPurposeAmount
500 Festival Foundation Inc Indianapolis, INGeneral Operating Expenses$5,000
American Red Cross of Greater Indpls Indianapolis, IN2024 Hurricane Relief Efforts$25,000
Cathedral High School Indianapolis, INGeneral Operating Expenses$15,000
Gleaners Food Bank of Indiana Indianapolis, INGleaners Huddle Against Hunger Program$25,000
Indianapolis Motor Speedway Foundation Indianapolis, INCapital Commitment$125,000
Park Tudor Foundation Inc Indianapolis, INGeneral Operating Expenses$15,000
Saint Mary-of-the-Woods College Saint Mary of the Wood, INGeneral Operating Expenses$25,000
Wabash Valley Community Foundation Inc Terre Haute, INHulman-George Family Fund$25,000
Wheeler Mission Ministries Indianapolis, INGeneral Operating Expenses$20,000
Swope Art Museum Terre Haute, INGeneral Operating Expenses$112,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Anton H GeorgePresident1
Nancy L GeorgeDirector1
M Josephine GeorgeDirector1
Katherine M George ConfortiDirector1
Lauren George SparkmanSec/Treas1
W Curtis BrightonDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hulman & Company Foundation Inc?

Hulman & Company Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $17.7M in total assets as of 2024.

How large is Hulman & Company Foundation Inc?

As of 2024, Hulman & Company Foundation Inc holds $17.7M in total assets with $1.3M in annual revenue. It awarded 37 grants totaling $850K in 2024.

Where does Hulman & Company Foundation Inc operate?

Hulman & Company Foundation Inc has awarded grants in Illinois, Indiana, Minnesota, North Carolina, Nevada, New York.

What size grants does Hulman & Company Foundation Inc award?

In 2024, Hulman & Company Foundation Inc awarded 37 grants totaling $850K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is Hulman & Company Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hulman & Company Foundation Inc reported a distributable amount of $898K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hulman & Company Foundation Inc's EIN?

Hulman & Company Foundation Inc's EIN (Employer Identification Number) is 35-2063427. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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