INDIANA WESLEYAN UNIVERSITY IS A CHRIST-CENTERED ACADEMIC COMMUNITY COMMITTED TO CHANGING THE WORLD BY DEVELOPING STUDENTS IN CHARACTER, SCHOLARSHIP, AND LEADERSHIP.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$685.7M
+11.6% YoY
Annual Giving
$73K
+1.4% YoY
Grant Count
9
+80.0% YoY
Avg Grant Size
$8K
-43.7% YoY
About Indiana Wesleyan University
Based on IRS filings
Indiana Wesleyan University is a nonprofit organization focused on Education, based in MARION, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $685.7M in total assets. In 2025, it awarded 9 grants totaling $73K. Net investment income was $12.6M.
Focus Areas
Ready to take the next step with Indiana Wesleyan University?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $685,685,861 | $614,595,507 | $572,069,015 |
| Revenue | $269,090,976 | $226,049,056 | $197,828,333 |
| Expenses | $223,084,044 | $213,017,671 | $200,454,828 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $12,641,321 | $12,303,726 | $7,205,782 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
Grant Size Distribution
32 grants across all recorded years
Open Grants
6 open opportunities from Indiana Wesleyan University
21st Century Scholarship
INDIANA WESLEYAN UNIVERSITY
Amount
100% Tuition
Deadline
Rolling / Open
Academic Awards (Freshmen)
INDIANA WESLEYAN UNIVERSITY
Amount
$8,000-$17,000
Deadline
Rolling / Open
Academic Awards (Transfers, Re-admits, Transitions)
INDIANA WESLEYAN UNIVERSITY
Amount
$4,000 - $11,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include United Way of Grant County INC ($15,000), Bridges to Health ($12,000), Radiant Health ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Radiant Health Marion, IN | Annual campaign support | $10,000 |
| Bridges to Health Marion, IN | Healthcare services to uninsured residents of Grant County | $12,000 |
| Boys & Girls Club of Grant County Marion, IN | Expand academic support and tutoring services, especially in reading and math; enhance youth leadership and character-building programs; provide healthy meals and snacks for club members; support transportation needs to ensure all youth can access the program safely; invest in staff training and development to ensure the highest quality of care | $10,000 |
| St Martin Community Center Marion, IN | Meals, pantry items, and essential resources to residents of Grant County | $5,000 |
| Youth for Christ Bluffton, IN | BIGJAWs chapter wide silver sponsor | $5,000 |
| Circles of Grant County Marion, IN | Updated office technology; meals for Tuesday night program; Circle Leader orientation & supplies; educational toys, books, and supplies for youth development activities | $5,000 |
| Convoy of Hope Springfield, MO | California wildfire response efforts | $5,000 |
| United Way of Grant County INC Marion, IN | Day of Action campaign support | $15,000 |
| Marion Public Library Foundation Marion, IN | Story Walk installation at Matter Park | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jonathan S Kulaga | University President | 39 | $318,645 |
| Barry Hines | Trustee | 1 | — |
| Brian Harlow | Trustee | 1 | — |
| Carl Shepherd | Trustee | 1 | — |
| Christopher Conrad | Trustee | 1 | — |
| Cindy Krall | Trustee | 1 | — |
| Dale Sloan | Trustee | 1 | — |
| David Dimmich | Trustee | 1 | — |
| Debbye Turner Bell | Trustee | 1 | — |
| Diane Foley | Trustee | 1 | — |
| Donald Cady | Trustee | 1 | — |
| Gary Ott | Trustee | 1 | — |
| James Poore II | Trustee (End 12/31/24) | 1 | — |
| Jeffrey Freeman | Trustee (End 12/9/24) | 1 | — |
| Johanna Rugh | Trustee | 1 | — |
| Kent Morgan | Trustee (Beg 5/7/25) | 1 | — |
| Kevin Myers | Trustee | 1 | — |
| Michael Carmichael | Trustee | 1 | — |
| Michael Colaw | Trustee | 1 | — |
| Paul Anthes | Trustee | 1 | — |
| Petra Ray | Trustee (End 3/31/25) | 1 | — |
| Ryan Frank | Trustee | 1 | — |
| Sharon Epps | Trustee | 1 | — |
| Stephen Laudermilch | Trustee | 1 | — |
| Steven DeNeff | Trustee | 1 | — |
| Steven Edmondson | Trustee | 1 | — |
| Thomas Schmidt | Trustee | 1 | — |
| Trey Rohrman | Trustee (Beg 5/7/25) | 1 | — |
| Wayne Schmidt | Trustee | 1 | — |
| Yaremi Alicea Morales | Trustee (End 5/5/25) | 1 | — |
| Jeff Rayis | CFO (Beg 7/8/24) | 40 | $105,266 |
| Tiffany Lewis | Interim CFO (End 7/7/24) | 40 | $124,505 |
| Eulala Eileen Hulme | Chancellor of National Global | 39 | $171,052 |
| Greg Tonagel | Head Coach, Men's Basketball | 40 | $169,761 |
| Karen Dowling | Exec VP/Chief People & Culture Officer | 40 | $147,929 |
| Robert Friberg | Professor/Program Director, DPT | 40 | $149,817 |
| Tod Dalberg | EVP/Chief Innovation & Strategy Officer | 40 | $164,853 |
| Warren Rogers | Professor, Blanchard Endowed Chair | 40 | $145,717 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Indiana Wesleyan University?
Indiana Wesleyan University is a nonprofit organization focused on Education, based in MARION, IN. It holds $685.7M in total assets as of 2025.
How large is Indiana Wesleyan University?
As of 2025, Indiana Wesleyan University holds $685.7M in total assets with $269.1M in annual revenue. It awarded 9 grants totaling $73K in 2025.
Where does Indiana Wesleyan University operate?
Indiana Wesleyan University has awarded grants in Indiana, Missouri.
What size grants does Indiana Wesleyan University award?
In 2025, Indiana Wesleyan University awarded 9 grants totaling $73K — an average of about $8K per grant, based on its IRS Form 990 filings.
What is Indiana Wesleyan University's EIN?
Indiana Wesleyan University's EIN (Employer Identification Number) is 35-0885591. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Indiana Wesleyan University's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Boren Foundation Inc
UPLAND, IN
Assets
$19.1M
Grants
70
Total Given
$1.3M
Lupke Foundation Inc Agency
FORT WAYNE, IN
Assets
$1.4M
Grants
22
Total Given
$76K
Harold Ellison Tuw for Jones Cemetery 002189
MUNCIE, IN
Assets
$442K
Grants
1
Total Given
$9K
John Carroll Club of South Bend Inc
SOUTH BEND, IN
Assets
—
Grants
1
Total Given
$220K
Buchanan-clements Foundation Inc
COLUMBUS, IN
Assets
$261K
Grants
3
Total Given
$16K
Harold Ellison Scholarship Fund 002188
MUNCIE, IN
Assets
$1.1M
Grants
1
Total Given
$62K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Indiana Wesleyan University on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Indiana Wesleyan University to a real strategy.