Ifsa Foundation Inc

Foundation · Grantmaker Indianapolis, IN EIN: 20-1238211

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.

Key facts about Ifsa Foundation Inc

EIN
20-1238211
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$60,655
Grants made (2024)
1
Average grant
$60,655
Median grant
$60,655
Primary geography
Indiana (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

Next steps with Ifsa Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$61K

+1744.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$61K

+1744.2% YoY

About Ifsa Foundation Inc

Based on IRS filings

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.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Indianapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17K$33K$50K$67K2021202220232024
Metric202420232022
Total Assets—$60,121$63,488
Revenue$534$197$7
Expenses$60,655$3,564$3,288
Qualifying Distributions$60,655$3,564$3,288
Net Investment Income$534——
Distributable Amount——$3,289

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$61K1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Institute for Study Abroad: $61KInstitute for Study Abroad$61K

Grant Size Distribution

4 grants across all recorded years

3<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Institute for Study Abroad ($60,655).

RecipientPurposeAmount
Institute for Study Abroad Indianapolis, INScholarships to be given to IFSA students to study abroad$60,655

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Heather Barclay HamirPresident1—
Marsha BurgullaBoard Member1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ifsa Foundation Inc?

Ifsa Foundation Inc is a private foundation focused on Education, based in Indianapolis, IN. It holds — in total assets as of 2024.

Where does Ifsa Foundation Inc operate?

Ifsa Foundation Inc has awarded grants in Indiana.

What size grants does Ifsa Foundation Inc award?

In 2024, Ifsa Foundation Inc awarded 1 grant totaling $61K — an average of about $61K per grant, based on its IRS Form 990 filings.

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.

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

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