IPA Foundation

Public charity · Grantmaker Louisville, KY EIN: 61-1244412

IPA Foundation is a public charity based in Louisville, Kentucky. Formed in 1993, it supports charities working for children’s well-being and basic needs, with a stated focus on children with exceptional medical requirements.

IPA Foundation at a glance

In short: IPA Foundation gave $448K across 34 grants in 2025 (avg $13K), mostly in Kentucky. 38% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$447,739
-29.3% vs 2024
Grants made (2025)
34
-5.6% vs 2024
Average grant
$13,169
-25.1% vs 2024
Median grant
$11,450
Total assets
$2,157,261
+14.0% vs 2024
New grantees (estimate)
38% first-time grantees (13 of 34, 2025)
Primary geography
Kentucky (56% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to IPA Foundation

Contact

Mailing address: 3607 Fern Valley Road, Louisville, KY 40219
Phone: (502) 968-0341

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

Who IPA Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Kids Cancer Alliance: $30KKids Cancer Alliance$30KOperation BACKPACK4 Kids I: $25KOperation BACKPACK4 Kids I$25KOrlando Health Foundation: $25KOrlando Health Foundation$25KRett Syndrome Research Tru: $20KRett Syndrome Research Tru$20KBest Buddies International: $15KBest Buddies International$15KBoy Scouts of America: $15KBoy Scouts of America$15KJohn Clarke Perry Corporat: $15KJohn Clarke Perry Corporat$15KKids Cancer Foundation: $15KKids Cancer Foundation$15KKosair Charities Committee: $15KKosair Charities Committee$15KProject Camp Inc: $15KProject Camp Inc$15K

The largest 2025 recipient was Kids Cancer Alliance ($30K). Together the top 10 received $190K.

Grant Size Distribution

181 grants across all recorded years

177<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 177 grants of 181 (98%).

Geographic Focus

Where this funder awards grants

The 2025 grant dollars went to recipients in multiple states. Kentucky received 56% of the total, followed by Florida at 11%, Connecticut at 8%, Texas at 7%, and New York at 6%.

Grant Distribution by State

26states

Share of 2025 grant dollars across all 34 itemized grants.

Cities

LouisvilleFrankfortScottsvilleDallasMidwest CityNew YorkOrlandoAlexandriaBethanyFort WorthGoffstownIndianapolisKingsportMount VernonAustinCroftonLexingtonMonroePutnam ValleyRoyal Palm Beach

Is IPA Foundation open to new grantees?

38%

first-time grantees, 2025

In 2025, 13 of 34 grantees (38%) were first-time recipients. First grants averaged $12K; repeat grants $14K. How we count

Medians: $10K first-time, $15K repeat.

  • 53% of 2025 grantees were also funded in 2024. Method
  • Giving fell 37% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). 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$200K$400K$600K$800K43 grants2020 39 grants2021 37 grants2022 35 grants2023 36 grants2024 34 grants2025

From 2020 to 2025, annual grant giving ranged from $448K (2025) to $715K (2022). In 2025 it made 34 grants totaling $448K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Kids Cancer Alliance Louisville, KYRetreat for Cancer Patient$30,000
Operation BACKPACK4 Kids I Louisville, KYSupply Backpacks to Kids$25,000
Orlando Health Foundation Orlando, FLOmnibed Care Station$25,000
Rett Syndrome Research Tru Trumbull, CTGenetic Research$20,000
Best Buddies International Louisville, KYOper Suppl Friendship Ba$15,000
Boy Scouts of America Louisville, KYFood Drive$15,000
John Clarke Perry Corporat Monroe, LARefurbish Playground$15,000
Kids Cancer Foundation Royal Palm Beach, FLSupport Equip Suppl Gam$15,000
Kosair Charities Committee Louisville, KYPediatric Neurorecovery PR$15,000
Project Camp Inc Scottsville, KYHorse Trailer Summer Camp$15,000
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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
2025$2,157,261$712,134$501,058$447,73934$180,604
2024$1,891,512$650,835$673,557$633,24436$140,928
2023$1,817,374$659,847$586,586$558,10535$95,524
2022$1,755,138$790,631$799,612$715,25937$106,845
2021$2,048,936$802,547$606,199$562,85139$81,651
2020$1,512,803$694,228$631,064$612,85843$47,685

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

Mission & Focus Areas

The foundation states that its mission is to “provide for the well-being of children and their basic needs with a focus on children with exceptional medical requirements.” Its 2024 filing describes grants to charities focused on children’s health and well-being, especially children with exceptional medical requirements.

Its 2025 grants included support for a range of organizations. Kids Cancer Alliance says its mission is to improve quality of life for children with cancer and their families through recreational and support programs. Kosair Charities Committee says it supports children’s health and well-being through healthcare, research, education, social services, and child advocacy. Project Camp says it aims to enhance the lives of children with serious illnesses. Other 2025 grantees included organizations supporting medical care, research, youth programs, and sports opportunities for people with intellectual disabilities.

Grantmaking

In filing year 2025, IPA Foundation made 34 grants totaling $447,739. Grants ranged from $6,000 to $30,000, with a median of $11,450.

Among the largest grants were $30,000 to Kids Cancer Alliance for a retreat for cancer patients; $25,000 to Operation Backpack4 Kids for backpacks; and $25,000 to Orlando Health Foundation for an Omnibed care station. The foundation also awarded $20,000 to Rett Syndrome Research Trust for genetic research. Grants of $15,000 included awards to Kosair Charities Committee, Project Camp, Special Olympics Kentucky, and Kids Cancer Foundation.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Alexandre Theodoro, Marc Sallee, Daniel Bradley, and Jonathan Coon as trustees.

IPA Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Daniel Bradley

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jonathan Coon

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Alexandre Theodoro

    Trustee

    New on the 2025 filing

    3 hrs/week

    No compensation reported

  • Marc Sallee

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: Lyndon Shumaker (2020–2024) — Trustee
  • Former: Charles Beery (2021–2024) — Trustee
  • Former: Michael Pratt (2023) — Trustee
  • Former: Dan Bradley (2020–2022) — Trustee
  • Former: Mike Pratt (2020–2022) — Trustee
  • Former: Eric Wetsch (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.

Frequently asked questions about IPA Foundation

How much does IPA Foundation give each year?

IPA Foundation gave $448K across 34 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $633K across 36 grants.

What is IPA Foundation's typical grant size?

IPA Foundation's median grant in 2025 was $11,450, and its average grant was $13,169, across 34 grants on its 2025 IRS Form 990. Organizations receiving their first grant from IPA Foundation that year got $12K on average.

Where does IPA Foundation give grants?

IPA Foundation gives mostly in Kentucky: 56% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Florida (11%) and Connecticut (8%). The most frequent recipient cities were Louisville, KY (13 grants) and New York, NY (2 grants).

Does IPA Foundation give general operating support?

Not in 2025: none of the 34 grants with a stated purpose on IPA Foundation's 2025 IRS Form 990 were described as general or operating support.

Who are IPA Foundation's largest grantees?

IPA Foundation's largest 2025 grantees include Kids Cancer Alliance ($30,000), Operation BACKPACK4 Kids I ($25,000) and Orlando Health Foundation ($25,000), according to its 2025 IRS Form 990. Together they received 18% of its itemized 2025 grant dollars.

How large is IPA Foundation?

IPA Foundation reported $2.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $712K.

What does IPA Foundation fund?

The foundation states that its mission is to “provide for the well-being of children and their basic needs with a focus on children with exceptional medical requirements.” See mission & focus areas ↑

How do I apply for a grant from IPA Foundation?

IPA Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is IPA Foundation's EIN?

IPA Foundation's EIN (Employer Identification Number) is 61-1244412. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 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 May 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2024)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 21, 2026)

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Cite this profile

Grantable. (2026). IPA Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/ipa-foundation-morg_a560f4a29e80480aaf8ca88dc28e3400

BibTeX
@misc{grantable_611244412_2026,
  author       = {{Grantable}},
  title        = {{IPA Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/ipa-foundation-morg_a560f4a29e80480aaf8ca88dc28e3400},
  note         = {Accessed 2026-10-19. 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 IPA Foundation'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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