Irons Family Foundation Inc

INDIANAPOLIS, IN EIN: 92-3575485

Irons Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 6 grants totaling $10K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$247K

-1.3% YoY

Annual Giving

$10K

Grant Count

Avg Grant Size

$2K

Under IRS private-foundation payout rules, Irons Family Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Irons Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Vermont $5K (53%)

Indiana $5K (47%)

States

Indiana Vermont

Cities

BloomingtonIndianapolisMontpelierRandolph

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$246,730	$250,006
Revenue	$7,567	$250,006
Expenses	$12,344	—
Qualifying Distributions	$10,250	—
Net Investment Income	$5,473	$6
Distributable Amount	$13,110	$8,838

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include All Brains Belong Vt Inc ($2,500), Randolph Area Food Shelf ($2,500), Nextechorg Inc ($2,500).

Recipient	Purpose	Amount
ALL BRAINS BELONG VT INC MONTPELIER, VT	GENERAL FUND	$2,500
RANDOLPH AREA FOOD SHELF RANDOLPH, VT	GENERAL FUND	$2,500
ATHLEAD INDY INC INDIANAPOLIS, IN	GENERAL FUND	$500
NEXTECHORG INC INDIANAPOLIS, IN	GENERAL FUND	$2,500
THE VILLAGES OF INDIANA FOUNDATION INC BLOOMINGTON, IN	GENERAL FUND	$750
INDIANA YOUTH GROUP INC INDIANAPOLIS, IN	GENERAL FUND	$750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REBECCA DEGROOT IRONS	PRESIDENT	—	—
SONIA M IRONS	VICE PRESIDENT	—	—
DILLON J IRONS	SECRETARY	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Irons Family Foundation Inc?

Irons Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $247K in total assets as of 2024.

How large is Irons Family Foundation Inc?

As of 2024, Irons Family Foundation Inc holds $247K in total assets with $8K in annual revenue. It awarded 6 grants totaling $10K in 2024.

Where does Irons Family Foundation Inc operate?

Irons Family Foundation Inc has awarded grants in Indiana, Vermont.

What size grants does Irons Family Foundation Inc award?

In 2024, Irons Family Foundation Inc awarded 6 grants totaling $10K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Irons Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Irons Family Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.