Hulman & Company Foundation Inc
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| 500 Festival Foundation Inc Indianapolis, IN | General Operating Expenses | $5,000 |
| American Red Cross of Greater Indpls Indianapolis, IN | 2024 Hurricane Relief Efforts | $25,000 |
| Cathedral High School Indianapolis, IN | General Operating Expenses | $15,000 |
| Gleaners Food Bank of Indiana Indianapolis, IN | Gleaners Huddle Against Hunger Program | $25,000 |
| Indianapolis Motor Speedway Foundation Indianapolis, IN | Capital Commitment | $125,000 |
| Park Tudor Foundation Inc Indianapolis, IN | General Operating Expenses | $15,000 |
| Saint Mary-of-the-Woods College Saint Mary of the Wood, IN | General Operating Expenses | $25,000 |
| Wabash Valley Community Foundation Inc Terre Haute, IN | Hulman-George Family Fund | $25,000 |
| Wheeler Mission Ministries Indianapolis, IN | General Operating Expenses | $20,000 |
| Swope Art Museum Terre Haute, IN | General Operating Expenses | $112,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anton H George | President | 1 | — |
| Nancy L George | Director | 1 | — |
| M Josephine George | Director | 1 | — |
| Katherine M George Conforti | Director | 1 | — |
| Lauren George Sparkman | Sec/Treas | 1 | — |
| W Curtis Brighton | Director | 1 | — |
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.
Explore Open Grants
Browse active grant opportunities in Hulman & Company Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.