Idex Foundation
IDEX Foundation is a private foundation based in Northbrook, Illinois. Founded in 2014, it supports charitable causes in communities where IDEX employees live and work, with a focus on health and well-being, leadership and education, and the environment.
Idex Foundation at a glance
In short: Idex Foundation gave $1.9M across 4 grants in 2025 (avg $481K), mostly in Delaware. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,925,524
- +5.0% vs 2024
- Grants made (2025)
- 4
- -71.4% vs 2024
- Average grant
- $481,381
- +267.4% vs 2024
- Median grant
- $138,976
- Total assets
- $2,933,066
- -31.1% vs 2024
- Primary geography
- Delaware (85% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Idex Foundation
- Review Cycle
- 12/31
- Deadline
- 12/31
- Contact
Application contact: Idex Foundation C O Nikki Ambers
Mailing address: 3100 Sanders Road Suite 301, Northbrook, IL 60062
Phone: (847) 498-7070
Website: https://idexcorp.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Idex Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was America Online Giving Foundation Inc ($1.6M). Together the top 4 received $1.9M.
Grant Size Distribution
234 grants across all recorded years
The most common grant size was under $50K: 213 grants of 234 (91%).
Geographic Focus
Where this funder awards grants
The foundation describes its work as supporting communities where IDEX operates and its employees live and work. Its 2025 grants included recipients in Delaware, Virginia, and Oklahoma, as well as The UK Online Giving Foundation, whose location was not listed.
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Idex Foundation gives
- Giving grew 39% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $546K (2020) to $1.9M (2025). In 2025 it made 4 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| America Online Giving Foundation Inc Newark, DE | Welfare Grant | $1,637,573 |
| The UK Online Giving Foundation | Welfare Grant | $150,304 |
| CAF America Alexandria, VA | Welfare Grant | $127,647 |
| Regional Food Bank of Oklahoma Oklahoma City, OK | Welfare Grant | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,933,066 | $500,000 | $1,935,664 | $1,925,524 | 4 | $1,925,524 | $113,482 | $174,480 |
| 2024 | $4,259,000 | — | $1,842,960 | $1,834,176 | 14 | $1,834,176 | $223,143 | $251,579 |
| 2023 | $5,875,065 | — | $1,323,447 | $1,318,972 | 60 | $1,318,972 | $224,011 | $312,733 |
| 2022 | $6,986,928 | $1,650,000 | $1,391,823 | $1,383,445 | 81 | $1,383,445 | $46,208 | $325,296 |
| 2021 | $6,670,116 | $6,000,000 | $1,261,887 | $1,261,511 | 75 | $1,261,887 | — | $341,145 |
| 2020 | $1,932,003 | $550,000 | $546,525 | $546,488 | 48 | — | — | $102,715 |
Under IRS private-foundation payout rules, Idex Foundation reported a distributable amount of $174K for 2025 — 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 aims to improve communities where IDEX operates and where its employees live and work. Its stated focus areas are Health & Well-Being, Leadership & Education, and Environment. The foundation describes support for local health and quality-of-life efforts, programs that help young people develop leadership and grow into successful adults, and community environmental initiatives.
Supported organizations include food-insecurity organizations. The Regional Food Bank of Oklahoma, a 2025 grantee, says its mission is to lead a network providing nutritious food and pathways to self-sufficiency for people facing hunger.
Grantmaking
In 2025, the foundation reported four grants totaling $1,925,524. The grants ranged from $10,000 to $1,637,573, with a median grant of $138,976. The largest awards were $1,637,573 to America Online Giving Foundation Inc. (Newark, Delaware), $150,304 to The UK Online Giving Foundation, and $127,647 to CAF America (Alexandria, Virginia). Each was identified as a Welfare Grant. The foundation also gave $10,000 to the Regional Food Bank of Oklahoma.
The application instructions require the information requested in the grant application, a copy of the organization’s 501(c)(3) tax-exemption letter, and a current listing of how the organization’s funds are distributed annually. Applicants may request contributions only for organizations qualifying as exempt under section 501(c)(3) or having equivalent status.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Krishna Ranganathan as president; Nikki Ambers as secretary and treasurer; Jenna Myszak as treasurer; and Mark Spencer, Stephanie Snow, Abigail Roche, Troy McIntosh, Erin Little, Richard Yarnall, and Lisa Presutti as directors.
Idex Foundation is led by Krishna Ranganathan, President on every filing since 2024; none of the 14 officers listed in 2025 report compensation.
Officers on the 2025 filing
Krishna Ranganathan
President
On filings since 2024
3.5 hrs/week
No compensation reported
Mark Spencer
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Lawyer Burks
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Stephanie Snow
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Troy McIntosh
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Erin Little
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Abigail Roche
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Lisa Presutti
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Margaux Friend
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Natalie Chatley
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Richard Yarnall
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Wes Lobo
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Jenna Myszak
Treasurer
On filings since 2021
3.5 hrs/week
No compensation reported
Nikki Ambers
Secretary & Treasurer
Secretary → Secretary & Treasurer, 2025
On filings since 2024
3.5 hrs/week
No compensation reported
Former officers (16)
- Former: Anastasia Graves (2020–2024) — Secretary
- Former: Abbie Roche (2021–2024) — Director
- Former: Nicole Jung (2023–2024) — Director
- Former: Bret Pryblyski (2020–2023) — Director
- Former: Derrick Goddard (2020–2023) — President
- Former: Jessica McKay (2022–2023) — Director
- Former: Stephen Ball (2023) — Director
- Former: Bruce Manning (2020–2022) — Treasurer
- Former: Brian Truesdale (2021–2022) — Director
- Former: Isabel Belderbos (2021–2022) — Director
- Former: Arthur Laszlo Jr. (2020–2021) — Director
- Former: Daniele Di Cesare (2020–2021) — Director
- Former: Denise Cade (2020–2021) — Director
- Former: Jeff Bucklew (2020–2021) — Director
- Former: Barb Berger (2021) — Director
- Former: Barb Johnson (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Idex Foundation
How much does Idex Foundation give each year?
Idex Foundation gave $1.9M across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.8M across 14 grants.
What is Idex Foundation's typical grant size?
Idex Foundation's median grant in 2025 was $138,976, and its average grant was $481,381, across 4 grants on its 2025 IRS Form 990-PF.
Where does Idex Foundation give grants?
Idex Foundation gives mostly in Delaware: 85% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (7%).
Does Idex Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Idex Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Welfare Grant" (4 grants).
How large is Idex Foundation?
Idex Foundation reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $1.9M in qualifying distributions that year, against a required minimum of $174K (roughly 5% of its investment assets).
What does Idex Foundation fund?
The foundation aims to improve communities where IDEX operates and where its employees live and work. Its stated focus areas are Health & Well-Being, Leadership & Education, and Environment. See mission & focus areas ↑
How do I apply for a grant from Idex Foundation?
Idex Foundation has no public application process in the sources Grantable reviewed. Check idexcorp.com for current guidelines, or contact the foundation directly before submitting a request.
What is Idex Foundation's EIN?
Idex Foundation's EIN (Employer Identification Number) is 47-1141222. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 25, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- IRS filings on file for fiscal years 2020–2024
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