Internal Medicine Associates
Internal Medicine Associates is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMINGTON, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $77K. Net investment income was $55K.
Key facts about Internal Medicine Associates
- EIN
- 35-2091279
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $76,500
- Grants made (2024)
- 17
- Average grant
- $4,500
- Median grant
- $4,000
- Total assets
- $1,345,676
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Internal Medicine Associates funds
By grant dollars, the top recipient states for Internal Medicine Associates's 17 itemized 2024 grants were Indiana (100%). The most frequent recipient cities were Bloomington, IN (17 grants). 59% of grants with a stated purpose were for general or operating support. Recurring purposes include "Various Programs" (6 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-1.8% YoY
Annual Giving
$77K
-7.8% YoY
Grant Count
17
-10.5% YoY
Avg Grant Size
$5K
+3.0% YoY
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.
About Internal Medicine Associates
Based on IRS filings
Internal Medicine Associates is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMINGTON, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 17 grants totaling $77K. Net investment income was $55K.
Focus Areas
Ready to take the next step with Internal Medicine Associates?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,345,676 | $1,369,843 | $1,383,777 |
| Revenue | $70,606 | $90,355 | $154,030 |
| Expenses | $94,273 | $100,323 | $107,181 |
| Qualifying Distributions | $78,900 | $85,400 | $88,395 |
| Net Investment Income | $55,233 | $75,432 | $135,244 |
| Distributable Amount | $86,219 | $78,996 | $85,946 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boys & Girls Club of Bloomington ($10,000), Iu Foundation ($10,000), Bloomington Health Foundation ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF BLOOMINGTON BLOOMINGTON, IN | TO SUPPORT YOUTH INTITATIVES | $10,000 |
| IU FOUNDATION BLOOMINGTON, IN | VARIOUS PROGRAMS | $10,000 |
| BLOOMINGTON HEALTH FOUNDATION BLOOMINGTON, IN | VARIOUS PROGRAMS | $7,500 |
| YMCA OF MONROE COUNTY BLOOMINGTON, IN | VARIOUS PROGRAMS | $6,000 |
| BLOOMINGTON ROTARY FOUNDATION BLOOMINGTON, IN | VARIOUS PROGRAMS | $5,000 |
| CANCER SUPPORT COMMUNITY BLOOMINGTON, IN | GENERAL FUND | $5,000 |
| PALS BLOOMINGTON, IN | VARIOUS PROGRAMS | $5,000 |
| ANDY HIPSKIND MD MEMORIAL FUND BLOOMINGTON, IN | GENERAL FUND | $4,000 |
| WONDERLAB MUSEUM OF SCIENCE BLOOMINGTON, IN | GENERAL FUND | $4,000 |
| AMETHYST HOUSE BLOOMINGTON, IN | GENERAL OPERATIONS | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE RINK MD | PRESIDENT | 1 | — |
| MARK DAYTON MD | VICE PRESIDE | 1 | — |
| PRODY GHOSH MD | DIRECTOR | 1 | — |
| WESLEY RATLIFF MD | DIRECTOR | 1 | — |
| KEN KACZMAREK | SECRETARY/TR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Internal Medicine Associates?
Internal Medicine Associates is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BLOOMINGTON, IN. It holds $1.3M in total assets as of 2024.
How large is Internal Medicine Associates?
As of 2024, Internal Medicine Associates holds $1.3M in total assets with $71K in annual revenue. It awarded 17 grants totaling $77K in 2024.
Where does Internal Medicine Associates operate?
Internal Medicine Associates has awarded grants in Indiana.
What size grants does Internal Medicine Associates award?
In 2024, Internal Medicine Associates awarded 17 grants totaling $77K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Internal Medicine Associates required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Internal Medicine Associates reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Internal Medicine Associates's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
United Way of South Central
BLOOMINGTON, IN
Assets
$2.2M
Grants
21
Total Given
$373K
Community Foundation of Bloomington
BLOOMINGTON, IN
Assets
$57.5M
Grants
62
Total Given
$1.7M
Webster Gladstone Foundation Inc
BLOOMINGTON, IN
Assets
$4.6M
Grants
31
Total Given
$158K
Curry Family Foundation Inc
BLOOMINGTON, IN
Assets
$300K
Grants
42
Total Given
$36K
The Smithville Charitable Foundation Inc
ELLETTSVILLE, IN
Assets
—
Grants
69
Total Given
$1.0M
The Richard M Schulze Family Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,431
Total Given
$47.9M
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
Houston Family Foundation
ARMONK, NY
Assets
$2.9M
Grants
90
Total Given
$515K
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Duke Energy Foundation
CHARLOTTE, NC
Assets
$1.9M
Grants
41
Total Given
$25.6M
Community Foundation of St Joseph County Inc
SOUTH BEND, IN
Assets
$327.4M
Grants
192
Total Given
$26.0M
Ah Hah Foundation
NASHVILLE, IN
Assets
$365K
Grants
9
Total Given
$44K
More Funders in Indiana
Data last updated April 2026. Sourced from IRS Form 990-PF filings.