Ifsa Foundation Inc
Ifsa Foundation Inc is a private foundation focused on Education, based in Indianapolis, IN. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grant totaling $61K. Net investment income was $534.
Ifsa Foundation Inc at a glance
In short: Ifsa Foundation Inc gave $61K across 1 grant in 2024 (avg $61K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $60,655
- +1744.2% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $60,655
- +1744.2% vs 2023
- Median grant
- $60,655
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ifsa Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 3 grants of 4 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Ifsa Foundation Inc gives
- Giving grew 1297% from 2021 to 2024. Method
- In 2022 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2021 to 2024, annual grant giving ranged from $3K (2022) to $61K (2024). In 2024 it made 1 grant totaling $61K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $60,655 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $534 | $60,655 | $60,655 | 1 | $60,655 | $534 | — |
| 2023 | $60,121 | $197 | $3,564 | $3,289 | 1 | $3,564 | — | — |
| 2022 | $63,488 | $7 | $3,288 | $3,288 | 1 | $3,288 | — | $3,289 |
| 2021 | $66,769 | $7 | $4,368 | $4,343 | 1 | — | — | $3,288 |
Leadership & Key People
Officers and directors from IRS filings
Ifsa Foundation Inc is led by Heather Barclay Hamir, President since 2024 (on filings since 2021); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Heather Barclay Hamir
President
President Director → President, 2024
On filings since 2021
1 hr/week
No compensation reported
Marsha Burgulla
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Jan Keiling (2021–2023) — Board Member
- Former: Marsha Bugalla (2022–2023) — Board Member
Data from IRS Form 990 filings, 2021–2024. "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 Ifsa Foundation Inc
How much does Ifsa Foundation Inc give each year?
Ifsa Foundation Inc gave $61K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3K across 1 grant.
What is Ifsa Foundation Inc?
Ifsa Foundation Inc is a private foundation focused on Education, based in Indianapolis, IN.
Where does Ifsa Foundation Inc operate?
Ifsa Foundation Inc has awarded grants in Indiana.
What is Ifsa Foundation Inc's EIN?
Ifsa Foundation Inc's EIN (Employer Identification Number) is 20-1238211. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 24, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 13, 2022)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 4, 2024)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Ifsa Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Ifsa Foundation Inc's focus areas in our free grants database
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Ifsa Foundation Inc down — hundreds of funders to go?