Indiana University Health Arnett Inc

Public charity · Grantmaker Indianapolis, IN EIN: 26-3162145

Indiana University Health Arnett Inc is a public charity based in Indianapolis, Indiana. Formed in 2008, it operates IU Health Arnett, a full-service, 191-bed hospital in Lafayette with more than 40 specialties, 23 outpatient clinics, an outpatient surgery center, a cancer center, and medical offices serving Lafayette and surrounding counties.

Indiana University Health Arnett Inc at a glance

In short: Indiana University Health Arnett Inc gave $1.0M across 17 grants in 2024 (avg $60K), mostly in Indiana. 29% of 2024 grantees were new. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,019,151
+224.9% vs 2023
Grants made (2024)
17
+21.4% vs 2023
Average grant
$59,950
+167.6% vs 2023
Median grant
$8,500
Total assets
$374,363,662
-1.2% vs 2023
New grantees (estimate)
29% first-time grantees (5 of 17, 2024; small sample)
Primary geography
Indiana (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Indiana University Health Arnett Inc

Contact

Mailing address: 950 N Meridian Street 1200, Indianapolis, IN 46204
Phone: (317) 963-4842

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Indiana University Health Arnett Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Indiana Latino Institute Inc: $528KIndiana Latino Institute Inc$528KGoodwill Foundation of Central and Southern Indiana: $186KGoodwill Foundation of Centraland Southern Indiana$186KLafayette Family YMCA: $150KLafayette Family YMCA$150KUnited Way of Greater Lafayette: $57KUnited Way of GreaterLafayette$57KFood Finders Food Bank Inc: $17KFood Finders Food Bank Inc$17KMental Health America Wabash Valley Region: $13KMental Health America WabashValley Region$13KLyn Treece Boys and Girls Club of Tippecanoe County: $10KLyn Treece Boys and Girls Clubof Tippecanoe County$10KHealthy Communities Clinton CO: $10KHealthy Communities Clinton CO$10KWeCare of Clinton County Inc: $9KWeCare of Clinton County Inc$9KWhite County United Way: $5KWhite County United Way$5K

The largest 2024 recipient was Indiana Latino Institute Inc ($528K). Together the top 10 received $984K.

Grant Size Distribution

64 grants across all recorded years

47<$50K4$50–100K12$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 47 grants of 64 (73%).

Geographic Focus

Where this funder awards grants

The organization’s 2024 community health needs assessment defined its community as Carroll, Clinton, Tippecanoe, and White counties; the hospital is in Tippecanoe County. The assessment drew on data and community input gathered from January through June 2024 and was made publicly available on December 19, 2024. All reported 2024 grant dollars went to Indiana recipients.

Grant Distribution by State

1state

Share of 2024 grant dollars across all 17 itemized grants.

States

Cities

LafayetteFrankfortMonticelloIndianapolisWest LafayetteDelphiAtticaKokomoBrookstonW Lafayette

Is Indiana University Health Arnett Inc open to new grantees?

29%

first-time grantees, 2024

In 2024, 5 of 17 grantees (29%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $46K; repeat grants $66K. How we count

Medians: $13K first-time, $5K repeat.

  • 65% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+2%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M11 grants2020 17 grants2021 5 grants2022 14 grants2023 17 grants2024

From 2020 to 2024, annual grant giving ranged from $314K (2023) to $1.0M (2024). In 2024 it made 17 grants totaling $1.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Indiana Latino Institute Inc Indianapolis, INCommunity Benefit$527,634
Goodwill Foundation of Central and Southern Indiana Indianapolis, INCommunity Benefit$186,262
Lafayette Family YMCA Lafayette, INCommunity Benefit$150,000
United Way of Greater Lafayette Lafayette, INCommunity Benefit$56,755
Food Finders Food Bank Inc Lafayette, INCommunity Benefit$17,000
Mental Health America Wabash Valley Region Lafayette, INCommunity Benefit$13,000
Lyn Treece Boys and Girls Club of Tippecanoe County Lafayette, INCommunity Benefit$10,000
Healthy Communities Clinton CO Frankfort, INCommunity Benefit$10,000
WeCare of Clinton County Inc Frankfort, INCommunity Benefit$8,500
White County United Way Monticello, INCommunity Benefit$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$374,363,662$662,042,883$648,547,761$1,019,15117$5,134,222
2023$378,909,781$641,512,534$622,302,384$313,64514$4,946,613
2022$352,808,000$585,823,463$592,400,396$437,4005$189,537
2021$371,491,097$590,210,775$522,438,083$1,000,72517$-231,525
2020$319,820,511$504,048,288$489,377,949$409,21711$2,011,996

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The organization states its mission is to “lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.” Its 2024 community health needs assessment identified access to healthcare services; the needs of older adults; behavioral health; chronic disease prevention and management; maternal and infant health and child well-being; tobacco use; and social determinants of health as needs to address.

Among its 2024 grantees, Indiana Latino Institute Inc describes its mission as advancing Latino educational attainment and workforce preparedness statewide. Goodwill Legacy Group Foundation Inc says it supports programs and services for disabled and disadvantaged people in central and southern Indiana and educational efforts. The Lafayette YMCA Support Corporation says it exists to benefit the Lafayette Family YMCA. United Way of Greater Lafayette describes its mission as mobilizing the community so all can thrive. Food Finders Food Bank Inc says its mission is to distribute surplus food and nonfood products. Mental Health America says it provides mental health education and supportive services across eleven counties. Healthy Communities of Clinton County says it works to improve health status and reduce chronic-disease risk factors among Clinton County residents. Lyn Treece Boys & Girls Club of Tippecanoe County says it supports children’s and young adults’ social, educational, emotional, and physical development.

Grantmaking

In 2024, Indiana University Health Arnett reported 17 grants totaling $1,019,151. Grant amounts ranged from $5,000 to $527,634, with a median of $8,500. The largest awards were $527,634 to Indiana Latino Institute Inc, $186,262 to Goodwill Foundation of Central and Southern Indiana, and $150,000 to Lafayette Family YMCA. Other notable grants included $56,755 to United Way of Greater Lafayette, $17,000 to Food Finders Food Bank Inc, and $13,000 to Mental Health America Wabash Valley Region. Each of these grants was listed for community benefit.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Gary D. Henriott as director and chair. It also lists Philip List as a part-year director and part-year legal counsel secretary, and Amanda Whitlock, Ben Harpenau, Erika Ugianskis MD, Jesse Moore, Johnny Park, Mark Buono MD, Michele S. Saysana MD, and Ruban Nirmalan MD as directors. Michele S. Saysana MD is listed as a part-year director.

Indiana University Health Arnett Inc is led by Arthur Vasquez, President since 2023 (on filings since 2021); 14 of 29 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Arthur Vasquez

    President

    Regional President → President, 2023

    On filings since 2021

    33 hrs/week

    No compensation reported

  • Gary D. Henriott

    Director & Chair

    Director → Director & Chair, 2022

    On filings since 2020

    2 hrs/week

    $9K (2020) → $0 (2024)

  • Joseph E. Hubbard MD

    Phy. Dept. Chair

    Phy. Dept. Chairperson → Phy. Dept. Chair, 2022

    On filings since 2020

    55 hrs/week

    $1.1M (2020) → $1.2M (2024)

  • Amanda Whitlock

    Director

    On filings since 2020

    2 hrs/week

    $5K (2020) → $0 (2024)

  • Ruban Nirmalan MD

    Director

    On filings since 2020

    51 hrs/week

    $744K (2020) → $991K (2024)

  • Shan Sheridan

    Director

    On filings since 2020

    2 hrs/week

    $9K (2020) → $0 (2024)

  • William Y. Li MD

    Director

    On filings since 2020

    51 hrs/week

    $448K (2020) → $192K (2024)

  • Erika Ugianskis MD

    Director

    On filings since 2021

    51 hrs/week

    $689K (2021) → $917K (2024)

  • Mark Buono MD

    Director

    On filings since 2022

    51 hrs/week

    $660K (2022) → $820K (2024)

  • Matthew Orton MD

    Medical Director

    On filings since 2023

    55 hrs/week

    $836K (2023) → $994K (2024)

  • Yingkei Hui MD

    Director

    New on the 2024 filing

    2 hrs/week

    $34K (2024)

  • Michele S. Saysana MD

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Philip List

    Director & Legal Counsel Secretary

    Secretary → Director & Legal Counsel Secretary, 2024

    On filings since 2020

    35 hrs/week

    No compensation reported

  • Jesse Moore

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Umesh Patel

    Director

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Ben Harpenau

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Johnny Park

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Christopher A. Mansfield MD

    Former Key Employee

    Vp-Cmo → CMO & COO, 2023

    CMO & COO → Former Key Employee, 2024

    On filings since 2020

    35 hrs/week

    $448K (2020) → $656K (2024)

  • Garrett Jackson MD

    Physician

    On filings since 2020

    55 hrs/week

    $1.1M (2020) → $1.2M (2024)

  • James H. Parsons

    Former Key Employee

    Chief Practice Officer → Former Key Employee, 2022

    On filings since 2020

    35 hrs/week

    $214K (2020) → $185K (2024)

  • Stanton M. Regan MD

    Physician

    On filings since 2020

    55 hrs/week

    $994K (2020) → $1.1M (2024)

  • Kishan Patel MD

    Vp-Chief Physician Executive

    On filings since 2022

    35 hrs/week

    $412K (2022) → $473K (2024)

  • Roxanne Wicklund

    Cno

    On filings since 2023

    35 hrs/week

    $324K (2023) → $358K (2024)

  • Abhay Singhal MD

    Physician

    New on the 2024 filing

    55 hrs/week

    $1M (2024)

  • Derek E. Empie

    Former Officer

    On filings since 2020

    No compensation reported

  • Koreen C. Kyhnell

    Vice President - Human Resources

    On filings since 2020

    35 hrs/week

    No compensation reported

  • Todd A. Williams

    CFO & Treasurer

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Michael L. Craig

    CFO

    New on the 2024 filing

    5 hrs/week

    No compensation reported

  • Whitney A. Aiken

    Legal Counsel Secretary

    New on the 2024 filing

    35 hrs/week

    No compensation reported

Former officers (23)
  • Former: Cara L. Breidster (2020–2023) — Former Officer
  • Former: Jeffrey C. Zeh (2020–2023) — COO
  • Former: Kate L. Walker (2020–2023) — Director
  • Former: Randall R. Mitchell (2020–2023) — Director
  • Former: Randy W. Price (2020–2023) — Director
  • Former: Marion Underwood (2022–2023) — Director
  • Former: Joshua A Nepute MD (2023) — Physician
  • Former: Mark C Arvin MD (2023) — Physician
  • Former: Allison Shuttz (2020–2022) — Cno
  • Former: Daniel E. Neufelder (2020–2022) — Former Officer
  • Former: David Hummels (2020–2022) — Director & Chair
  • Former: Victor L. Lechtenberg (2020–2022) — Director
  • Former: Peter Seymour (2022) — Director-Chief of Surgery Regional
  • Former: Rayhan Jalal MD (2022) — Physician
  • Former: Andrew K. Edwards MD (2020–2021) — Former Officer
  • Former: Brian T. Shockney (2020–2021) — Former Key Employee
  • Former: James P. Bien MD (2020–2021) — CMO - Vice President Quality & Safety
  • Former: Naveed Ahmad MD (2020–2021) — Phy. Dept. Chairperson
  • Former: Roger G. Bangs MD (2020–2021) — Director
  • Former: Jalal Rayhan MD (2021) — Physician
  • Former: Brian M. Weirich (2020) — Cno
  • Former: Cheng Du MD (2020) — Physician
  • Former: Donald E. Clayton MD (2020) — Former Officer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Joseph E Hubbard MD — PHY. Dept. Chair: $1.2MJoseph E Hubbard MDPHY. Dept. Chair$1.2MGarrett Jackson MD — Physician: $1.2MGarrett Jackson MDPhysician$1.2MStanton M Regan MD — Physician: $1.1MStanton M Regan MDPhysician$1.1MAbhay Singhal MD — Physician: $1.0MAbhay Singhal MDPhysician$1.0MMatthew Orton MD — Medical Director: $994KMatthew Orton MDMedical Director$994KRuban Nirmalan MD — Director: $991KRuban Nirmalan MDDirector$991KErika Ugianskis MD — Director: $917KErika Ugianskis MDDirector$917KMark Buono MD — Director: $820KMark Buono MDDirector$820KChristopher a Mansfield MD — Former Key Employee: $656KChristopher a Mansfield…Former Key Employee$656KKishan Patel MD — VP-Chief Physician Executive (WCR): $473KKishan Patel MDVP-Chief Physician Executive…$473KRoxanne Wicklund — CNO (WCR): $358KRoxanne WicklundCNO (WCR)$358KWilliam Y Li MD — Director: $192KWilliam Y Li MDDirector$192KJames H Parsons — Former Key Employee: $185KJames H ParsonsFormer Key Employee$185KYingkei Hui MD — Director (Part Year): $34KYingkei Hui MDDirector (Part Year)$34K

The highest reported compensation on the 2024 filing was $1.2M, to Joseph E Hubbard MD (PHY. Dept. Chair). 14 officers or directors reported compensation on that filing.

Frequently asked questions about Indiana University Health Arnett Inc

How much does Indiana University Health Arnett Inc give each year?

Indiana University Health Arnett Inc gave $1.0M across 17 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $314K across 14 grants.

What is Indiana University Health Arnett Inc's typical grant size?

Indiana University Health Arnett Inc's median grant in 2024 was $8,500, and its average grant was $59,950, across 17 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Indiana University Health Arnett Inc that year got $46K on average.

Where does Indiana University Health Arnett Inc give grants?

Indiana University Health Arnett Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Lafayette, IN (8 grants), Frankfort, IN (3 grants) and Indianapolis, IN (2 grants).

Does Indiana University Health Arnett Inc give general operating support?

Not in 2024: none of the 17 grants with a stated purpose on Indiana University Health Arnett Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Community Benefit" (17 grants).

Who are Indiana University Health Arnett Inc's largest grantees?

Indiana University Health Arnett Inc's largest 2024 grantees include Indiana Latino Institute Inc ($527,634), Goodwill Foundation of Central and Southern Indiana ($186,262) and Lafayette Family YMCA ($150,000), according to its 2024 IRS Form 990. Together they received 85% of its itemized 2024 grant dollars.

How large is Indiana University Health Arnett Inc?

Indiana University Health Arnett Inc reported $374.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $662.0M.

What does Indiana University Health Arnett Inc fund?

The organization states its mission is to “lead the transformation of healthcare through quality, innovation & education, and make Indiana one of the nation's healthiest states.” See mission & focus areas ↑

How do I apply for a grant from Indiana University Health Arnett Inc?

Indiana University Health Arnett Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Indiana University Health Arnett Inc's EIN?

Indiana University Health Arnett Inc's EIN (Employer Identification Number) is 26-3162145. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Indiana University Health Arnett Inc funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/indiana-university-health-arnett-inc-morg_3384852abc2f48dd8666b58ce2497117

BibTeX
@misc{grantable_263162145_2026,
  author       = {{Grantable}},
  title        = {{Indiana University Health Arnett Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/indiana-university-health-arnett-inc-morg_3384852abc2f48dd8666b58ce2497117},
  note         = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Indiana University Health Arnett Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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