Internal Medicine Associates

Private foundation · Grantmaker Bloomington, IN EIN: 35-2091279

Internal Medicine Associates is a private foundation based in Bloomington, Indiana. Its 2024 filing reports grants to charitable organizations, all of them in Indiana, and states that it contributes only to preselected charitable organizations.

Internal Medicine Associates at a glance

In short: Internal Medicine Associates gave $77K across 17 grants in 2024 (avg $5K), mostly in Indiana. 6% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$76,500
-7.8% vs 2023
Grants made (2024)
17
-10.5% vs 2023
Average grant
$4,500
+3.0% vs 2023
Median grant
$4,000
Total assets
$1,345,676
-1.8% vs 2023
New grantees (estimate)
6% first-time grantees (1 of 17, 2024; small sample)
Primary geography
Indiana (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

How to apply to Internal Medicine Associates

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 550 Landmark Ave, Bloomington, IN 47404
Phone: (812) 331-3407

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

Who Internal Medicine Associates funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Boys & Girls Club of Bloomington: $10KBoys & Girls Club ofBloomington$10KIu Foundation: $10KIu Foundation$10KBloomington Health Foundation: $8KBloomington Health Foundation$8KYMCA of Monroe County: $6KYMCA of Monroe County$6KBloomington Rotary Foundation: $5KBloomington Rotary Foundation$5KCancer Support Community: $5KCancer Support Community$5KPals: $5KPals$5KAndy Hipskind MD Memorial Fund: $4KAndy Hipskind MD Memorial Fund$4KWonderlab Museum of Science: $4KWonderlab Museum of Science$4KAmethyst House: $3KAmethyst House$3K

The largest 2024 recipient was Boys & Girls Club of Bloomington ($10K). Together the top 10 received $60K.

Grant Size Distribution

89 grants across all recorded years

89<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 89 grants of 89 (100%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2024 went to recipients in Indiana.

Grant Distribution by State

1state

Share of 2024 grant dollars across all 17 itemized grants.

States

Cities

BloomingtonIndianapolisClear Creek

Is Internal Medicine Associates open to new grantees?

6%

first-time grantees, 2024

In 2024, 1 of 17 grantees (6%) 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 $4K; repeat grants $5K. How we count

Medians: $4K first-time, $4K repeat.

  • 94% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+2%). Method
  • In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF 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$25K$50K$75K$100K18 grants2020 18 grants2021 17 grants2022 19 grants2023 17 grants2024

From 2020 to 2024, annual grant giving ranged from $71K (2020) to $86K (2022). In 2024 it made 17 grants totaling $77K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Boys & Girls Club of Bloomington Bloomington, INTo Support Youth Intitatives$10,000
Iu Foundation Bloomington, INVarious Programs$10,000
Bloomington Health Foundation Bloomington, INVarious Programs$7,500
YMCA of Monroe County Bloomington, INVarious Programs$6,000
Bloomington Rotary Foundation Bloomington, INVarious Programs$5,000
Cancer Support Community Bloomington, INGeneral Fund$5,000
Pals Bloomington, INVarious Programs$5,000
Andy Hipskind MD Memorial Fund Bloomington, INGeneral Fund$4,000
Wonderlab Museum of Science Bloomington, INGeneral Fund$4,000
Amethyst House Bloomington, INGeneral Operations$3,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,345,676$70,606$94,273$76,50017$78,900$55,233$86,219
2023$1,369,843$90,355$100,323$83,00019$85,400$75,432$78,996
2022$1,383,777$154,030$107,181$86,00017$88,395$135,244$85,946
2021$1,336,928$245,086$101,452$75,00018$77,395$221,029$88,960
2020$1,193,294$179,063$90,229$70,75018—$159,584$53,659

Under IRS private-foundation payout rules, Internal Medicine Associates reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants include support for organizations working in health, food assistance, recovery services, survivor support, education, youth initiatives, and community programs. These are areas reflected in the work of grantees, rather than stated priorities of the foundation.

For example, Bloomington Health Foundation says it works to empower community partners to eliminate adverse health issues, remove access barriers, and improve health outcomes. Hoosier Hills Food Bank says it collects and distributes food to nonprofit organizations providing free feeding programs. Amethyst House says it partners with people, families, and communities affected by substance-use disorders and offers residential and outpatient treatment. Middle Way House says it supports survivors of domestic abuse, sexual violence, and human trafficking. Teachers Warehouse says it distributes donated supplies and equipment to teachers for classroom use.

Grantmaking

In 2024, the foundation reported 17 grants totaling $76,500. Grant amounts ranged from $1,000 to $10,000, with a median grant of $4,000.

Among the largest reported grants were $10,000 to Boys & Girls Club of Bloomington for youth initiatives and $10,000 to IU Foundation for various programs; $7,500 to Bloomington Health Foundation for various programs; and $6,000 to YMCA of Monroe County for various programs. Other reported grants included $5,000 each to Bloomington Rotary Foundation, Cancer Support Community, and PALS; and $4,000 each to Andy Hipskind MD Memorial Fund and WonderLab Museum of Science. Amethyst House, Community Kitchen of Monroe County, and Hoosier Hills Food Bank each received $3,000.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Lawrence Rink MD as president; Mark Dayton MD as vice preside; Prody Ghosh MD and Wesley Ratliff MD as directors; and Ken Kaczmarek as secretary/tr.

Internal Medicine Associates is led by Lawrence Rink MD, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Lawrence Rink MD

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Prody Ghosh MD

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Wesley Ratliff MD

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ken Kaczmarek

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Dayton MD

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Frequently asked questions about Internal Medicine Associates

How much does Internal Medicine Associates give each year?

Internal Medicine Associates gave $77K across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $83K across 19 grants.

What is Internal Medicine Associates's typical grant size?

Internal Medicine Associates's median grant in 2024 was $4,000, and its average grant was $4,500, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Internal Medicine Associates that year got $4K on average.

Where does Internal Medicine Associates give grants?

Internal Medicine Associates gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bloomington, IN (17 grants).

Does Internal Medicine Associates give general operating support?

Yes: 59% of Internal Medicine Associates's 2024 grants with a stated purpose (10 of 17) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Various Programs" (6 grants).

Who are Internal Medicine Associates's largest grantees?

Internal Medicine Associates's largest 2024 grantees include Boys & Girls Club of Bloomington ($10,000), Iu Foundation ($10,000) and Bloomington Health Foundation ($7,500), according to its 2024 IRS Form 990-PF. Together they received 36% of its itemized 2024 grant dollars.

How large is Internal Medicine Associates?

Internal Medicine Associates reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $79K in qualifying distributions that year, against a required minimum of $86K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Internal Medicine Associates fund?

No mission statement for the foundation is provided. Its 2024 grants include support for organizations working in health, food assistance, recovery services, survivor support, education, youth initiatives, and community programs. See mission & focus areas ↑

How do I apply for a grant from Internal Medicine Associates?

The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Internal Medicine Associates's EIN?

Internal Medicine Associates's EIN (Employer Identification Number) is 35-2091279. IRS Form 990 filing data is available on this page for 2020–2024.

Does Internal Medicine Associates accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Internal Medicine Associates funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/internal-medicine-associates-morg_033641fc978d479a9ba9457e4506f76d

BibTeX
@misc{grantable_352091279_2026,
  author       = {{Grantable}},
  title        = {{Internal Medicine Associates funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/internal-medicine-associates-morg_033641fc978d479a9ba9457e4506f76d},
  note         = {Accessed 2026-10-15. 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 Internal Medicine Associates'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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