Joann and Leonard Isban Charitable

GRANGER, IN EIN: 30-0229875

Joann and Leonard Isban Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRANGER, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 9 grants totaling $319K. Net investment income was $252K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.2M

-1.2% YoY

Annual Giving

$319K

+1.3% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$35K

+1.3% YoY

Under IRS private-foundation payout rules, Joann and Leonard Isban Charitable reported a distributable amount of $345K for 2024 — the minimum it must pay out in qualifying distributions.

About Joann and Leonard Isban Charitable

Based on IRS filings

Joann and Leonard Isban Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRANGER, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 9 grants totaling $319K. Net investment income was $252K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

IndianapolisMemphisMishawakaPlymouthSouth Bend

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20202021202220232024
Metric202420232022
Total Assets$6,249,082$6,324,231$6,431,164
Revenue$278,367$256,503$1,386,362
Expenses$353,516$363,436$64,129
Qualifying Distributions$321,825$316,389$60,513
Net Investment Income$252,402$209,556$17,867
Distributable Amount$345,223$319,245$312,881

Giving Over Time

Total grant dollars and number of grants per year

$0$80K$160K$239K$319K1 grants20204 grants20215 grants20229 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

BOYS & GIRLS CLUB OF MAR…$100KO'HANA HERITAGE FOUNDATI…$81KSTJOSEPH GRADE SCHOOL$50KST MICHAEL'S CHURCH$35KCULTIVATE CULINARY SCHOO…$20KHANNAH'S HOUSE INC$20KST JUDE CHILDREN'S RESEA…$10KINDIANA GOLF FOUNDATION …$3KKAPPA KAPPA KAPPA INC$500

Grant Size Distribution

28 grants across all recorded years

23<$50K2$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys & Girls Club of Marshall County ($100,000), O'hana Heritage Foundation Dba a Rosie Place ($81,200), Stjoseph Grade School ($50,000).

RecipientPurposeAmount
BOYS & GIRLS CLUB OF MARSHALL COUNTY PLYMOUTH, INGENERAL SUPPORT$100,000
CULTIVATE CULINARY SCHOOL AND CATERING SOUTH BEND, INGENERAL SUPPORT$20,000
HANNAH'S HOUSE INC MISHAWAKA, INGENERAL SUPPORT$20,000
INDIANA GOLF FOUNDATION INC INDIANAPOLIS, INGENERAL SUPPORT$2,500
O'HANA HERITAGE FOUNDATION DBA A ROSIE PLACE SOUTH BEND, INGENERAL SUPPORT$81,200
ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TNGENERAL SUPPORT$10,000
ST MICHAEL'S CHURCH PLYMOUTH, INGENERAL SUPPORT$35,000
STJOSEPH GRADE SCHOOL SOUTH BEND, INGENERAL SUPPORT$50,000
KAPPA KAPPA KAPPA INC INDIANAPOLIS, INGENERAL SUPPORT$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JESSICA MAICHCO-TRUSTEE
SUSAN PAYNECO-TRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joann and Leonard Isban Charitable?

Joann and Leonard Isban Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRANGER, IN. It holds $6.2M in total assets as of 2024.

How large is Joann and Leonard Isban Charitable?

As of 2024, Joann and Leonard Isban Charitable holds $6.2M in total assets with $278K in annual revenue. It awarded 9 grants totaling $319K in 2024.

Where does Joann and Leonard Isban Charitable operate?

Joann and Leonard Isban Charitable has awarded grants in Indiana, Tennessee.

What size grants does Joann and Leonard Isban Charitable award?

In 2024, Joann and Leonard Isban Charitable awarded 9 grants totaling $319K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Joann and Leonard Isban Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joann and Leonard Isban Charitable reported a distributable amount of $345K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joann and Leonard Isban Charitable's EIN?

Joann and Leonard Isban Charitable's EIN (Employer Identification Number) is 30-0229875. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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