Indiana Institute of Technology Inc
Indiana tech is a private, independent, and non-denominational university. Students are prepared for active participation in the complex, global society of the 21st century and are motivated toward a life of significance and worth. About 1,300 students are enrolled in the traditional day school, and the college of professional studies has about 5,500 students enrolled.
Indiana Institute of Technology Inc at a glance
In short: Indiana Institute of Technology Inc gave $27K across 3 grants in 2025 (avg $9K), mostly in Indiana. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $26,700
- Grants made (2025)
- 3
- Average grant
- $8,900
- Median grant
- $6,700
- Total assets
- $347,832,960
- +4.6% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Indiana Institute of Technology Inc
Open Grants
2 open opportunities from Indiana Institute of Technology Inc
Who Indiana Institute of Technology Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Love Fort Wayne Inc ($14K). Together the top 3 received $27K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $26K (2021) to $27K (2025). In 2025 it made 3 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Love Fort Wayne Inc Fort Wayne, IN | Sponsorship | $13,500 |
| Habitat for Humanity of Greater Fort Wayne Inc Fort Wayne, IN | Sponsorship | $6,700 |
| Startedup Foundation Inc Noblesville, IN | Sponsorship | $6,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $347,832,960 | $144,228,618 | $125,056,129 | $26,700 | 3 | $13,389,815 |
| 2024 | $332,648,381 | $101,696,525 | $109,583,110 | — | — | $4,338,031 |
| 2023 | $320,817,510 | $87,182,224 | $94,726,379 | — | — | $4,695,166 |
| 2022 | $320,737,366 | $115,536,261 | $98,047,098 | — | — | $17,861,941 |
| 2021 | $325,851,841 | $108,107,562 | $95,245,973 | $26,000 | 2 | $7,709,245 |
| 2020 | $274,881,086 | $97,349,817 | $93,576,478 | — | — | $3,762,405 |
About Indiana Institute of Technology Inc
Based on IRS filings
Indiana Institute of Technology Inc is a public charity focused on Education, based in Fort Wayne, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $347.8M in total assets. In 2025, it awarded 3 grants totaling $27K. Net investment income was $13.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Indiana Institute of Technology Inc is led by Karl W Einolf, President on every filing since 2020; 11 of 30 officers listed in 2025 are compensated.
Officers on the 2025 filing
Karl W Einolf
President
On filings since 2020
40 hrs/week
$450K (2020) → $552K (2025)
Brian W Engelhart
Vice President & Executive Director Junction
New on the 2025 filing
40 hrs/week
$144K (2025)
Anthony J Juliano
Trustee
Alumni Representative → Trustee, 2022
On filings since 2020
1 hr/week
No compensation reported
Arnold O Pierson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Cheri A Becker
Trustee
Trustee → Secretary, 2023
Secretary → Trustee, 2024
On filings since 2020
1 hr/week
No compensation reported
D Geoffrey Paddock
Trustee
On filings since 2020
1 hr/week
No compensation reported
David J Nash
Trustee
On filings since 2020
1 hr/week
No compensation reported
Dena M Jacquay
Trustee
On filings since 2020
1 hr/week
No compensation reported
Gregg C Sengstack
Trustee
On filings since 2020
1 hr/week
No compensation reported
Richard J Schul
Trustee
On filings since 2020
1 hr/week
No compensation reported
William Daugherty
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jeffrey A Benzing
Trustee
On filings since 2021
1 hr/week
No compensation reported
Clifford M Clark
Trustee
Alumni Representative → Trustee, 2023
On filings since 2022
1 hr/week
No compensation reported
Jarrod R Stoller
Trustee
On filings since 2022
1 hr/week
No compensation reported
Thomas L Burns
Trustee
On filings since 2022
1 hr/week
No compensation reported
John Kunze
Trustee
On filings since 2023
1 hr/week
No compensation reported
Whitney Bandemer
Trustee
On filings since 2023
1 hr/week
No compensation reported
Mark Dely
Trustee
On filings since 2024
1 hr/week
No compensation reported
Wendy Kobler
Trustee
On filings since 2024
1 hr/week
No compensation reported
Crystal Thomas
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jeffrey Witte
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Daniel J Stoker
Vice President Student Affairs
Vice President Student Affairs → Vice President of Student Affairs, 2023
Vice President of Student Affairs → Vice President Student Affairs, 2024
On filings since 2020
40 hrs/week
$141K (2020) → $176K (2025)
Judy K Roy
Treasurer
On filings since 2020
40 hrs/week
$223K (2020) → $274K (2025)
Michelle R Musolf
Assistant Vice President & Controller
Controller → Assistant Vice President & Controller, 2025
On filings since 2020
40 hrs/week
$126K (2020) → $148K (2025)
Steve A Herendeen
Vice President Enrollment Management
On filings since 2020
40 hrs/week
$190K (2020) → $224K (2025)
Kathleen H Watland
Vpaa
Dean → Vice President of Academic Affairs, 2022
Vice President of Academic Affairs → Vpaa, 2024
On filings since 2021
40 hrs/week
$135K (2021) → $205K (2025)
Jack Phlipot
Associate Professor
Faculty Representative → Trustee, 2023
Trustee → Associate Professor, 2024
On filings since 2022
40 hrs/week
$124K (2022) → $121K (2025)
Lori A Fincannon
Dean College of Business
Dean of Business → Dean College of Business, 2023
On filings since 2022
40 hrs/week
$134K (2022) → $158K (2025)
Jeffrey S Leichty
Vice President & CIO
Vice President & Chief Information Officer → Vice President & CIO, 2025
On filings since 2023
40 hrs/week
$134K (2023) → $144K (2025)
Stephanos Mavromoustakos
Associate Dean
New on the 2025 filing
40 hrs/week
$165K (2025)
Former officers (21)
- Former: Daniel Grigg (2020–2024) — Vice President Insitutional Advancement
- Former: Anne M Gull (2023–2024) — Dean of Coas
- Former: Ying Shang (2023–2024) — Dean of Engineering
- Former: Jeff S Leichty (2024) — Vice President & CIO
- Former: Michael H. Wood (2020–2023) — Trustee
- Former: Ravi R. Talwar (2020–2023) — Trustee
- Former: Kathlene Watland (2023) — Vpaa
- Former: Margaret A. Canales (2020–2022) — Professor
- Former: Michael D. Cahill (2020–2022) — Trustee
- Former: Steve Dusseau (2022) — Professor
- Former: Joseph Jordan (2020–2021) — Trustee
- Former: Stephen P. Dusseau (2020–2021) — Professor
- Former: Thomas E. Kaplan (2020–2021) — Vice President Academic Affairs
- Former: Jeffrey L. Walls (2021) — Professor
- Former: Manuela Pena-Morros (2021) — Trustee
- Former: Sherrill L. Hamman Left (2021) — Faculty Representative
- Former: Jeffery A. Benzing (2020) — Turstee
- Former: Jeffery L. Walls (2020) — Professor
- Former: Manual Pena-Morros (2020) — Trustee
- Former: Sherrill L. Hamman (2020) — Faculty Representative
- Former: Wendy W. Davis (2020) — Trustee
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $552K, to Karl W Einolf (President). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Indiana Institute of Technology Inc
How much does Indiana Institute of Technology Inc give each year?
Indiana Institute of Technology Inc gave $27K across 3 grants in 2025, according to its 2025 IRS Form 990.
What is Indiana Institute of Technology Inc's typical grant size?
Indiana Institute of Technology Inc's median grant in 2025 was $6,700, and its average grant was $8,900, across 3 grants on its 2025 IRS Form 990.
Where does Indiana Institute of Technology Inc give grants?
Indiana Institute of Technology Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Fort Wayne, IN (2 grants).
Does Indiana Institute of Technology Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Indiana Institute of Technology Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Sponsorship" (3 grants).
How large is Indiana Institute of Technology Inc?
Indiana Institute of Technology Inc reported $347.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $144.2M.
What is Indiana Institute of Technology Inc?
Indiana Institute of Technology Inc is a public charity focused on Education, based in Fort Wayne, IN. It holds $347.8M in total assets as of 2025.
What is Indiana Institute of Technology Inc's EIN?
Indiana Institute of Technology Inc's EIN (Employer Identification Number) is 35-0845258. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2025 (received by the IRS February 2, 2026)
Explore Open Grants
Browse active grant opportunities in Indiana Institute of Technology Inc's focus areas in our free grants database
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Indiana Institute of Technology Inc down — hundreds of funders to go?