IMS Foundation

Public charity · Grantmaker Philadelphia, PA EIN: 86-3279821

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Philadelphia

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants2022 1 grant2023 0 grants2024 0 grants2025

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

<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

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

Revenue
Expenses
Net Investment Income
$0$2.5M$5M$7.5M$10M2022 2023 2024 2025
Metric202520242023
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

  1. Updated Form 990 for fiscal year 2023 (received by the IRS March 7, 2024)
  2. 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.

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