IMS Foundation
To receive, manage, distribute assets for charitable purposes in support of independence mission schools, a Pennsylvania non-profit corporation recognized as tax exempt under section 501(c)(3) of the code as a public charity.
Key facts about IMS Foundation
- EIN
- 86-3279821
- Latest 990 filing
- Form 990, 2025
- Total assets
- $40,413,352
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$40.4M
+20.9% YoY
Revenue
$1.3M
-74.0% YoY
Net Investment Income
$151K
+71.2% YoY
Expenses
$33K
+442.3% YoY
About IMS Foundation
Based on IRS filings
IMS Foundation is a public charity focused on public and societal benefit, based in Philadelphia, PA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $40.4M in total assets. Net investment income was $151K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 1 grant totaling $1.0M.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $1–5M range: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $40,413,352 | $33,430,323 | $18,522,178 |
| Revenue | $1,322,883 | $5,087,392 | $1,312,069 |
| Expenses | $32,953 | $6,077 | $1,007,608 |
| Net Investment Income | $151,403 | $88,430 | $21,733 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS March 7, 2024)
- IRS filings on file for fiscal years 2022–2025
Leadership & Key People
Officers and directors from IRS filings
IMS Foundation is led by Kenneth Phelan, President on every filing since 2022; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kenneth Phelan
President
On filings since 2022
1 hr/week
No compensation reported
Joseph T. Stapleton
Secretary
On filings since 2022
0.1 hrs/week
No compensation reported
Lauren Adamski
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Maris Ogg
Vice President
On filings since 2022
1 hr/week
No compensation reported
Michael Piotrowicz
Board Member
On filings since 2022
1 hr/week
No compensation reported
Stephen Smith
Board Member
On filings since 2022
1 hr/week
No compensation reported
Richard Nourie
Board Member
On filings since 2023
1 hr/week
No compensation reported
Sr Mary Broderick
Board Member
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "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 IMS Foundation
How large is IMS Foundation?
IMS Foundation reported $40.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.3M.
What is IMS Foundation?
IMS Foundation is a public charity focused on public and societal benefit, based in Philadelphia, PA. It holds $40.4M in total assets as of 2025.
Where does IMS Foundation operate?
IMS Foundation has awarded grants in Pennsylvania.
What is IMS Foundation's EIN?
IMS Foundation's EIN (Employer Identification Number) is 86-3279821. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching IMS Foundation by hand.
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