Kendrick Foundation Inc logo

Kendrick Foundation Inc

MOORESVILLE, IN EIN: 35-1124905 Website

The Kendrick Foundation Inc is a private independent foundation established in 2001 in Mooresville, Indiana. The foundation was created from the proceeds of the sale of Kendrick Memorial Hospital and reflects the hospital's 100-year legacy of community health service. It operates as a 501(c)(3) organization with tax-exempt status since February 1969.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$35.2M

+7.9% YoY

Annual Giving

$1.6M

-10.2% YoY

Grant Count

51

+50.0% YoY

Avg Grant Size

$32K

-40.2% YoY

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

Mission & Focus Areas

Mission: The Kendrick Foundation invests in conditions that support the physical and mental health of all Morgan County residents.

Vision: All Morgan County residents are healthy and thriving.

The foundation focuses on four main areas:

  • Grantmaking to health-related programs
  • Community leadership
  • Scholarships for health education
  • Organizational growth

Primary funding areas include:

  • Mental health and substance use disorder treatment and prevention
  • Physical activity and nutrition initiatives
  • Healthcare education programs
  • Support for medically indigent populations
  • Hospice programs
  • Community healthcare outreach

Grantmaking

The foundation awarded $833,102 to 14 nonprofit organizations addressing critical health needs in Morgan County. Recent grantees include:

Ready to take the next step with Kendrick Foundation Inc?

Geographic Focus

Where this funder awards grants

Morgan County, Indiana. The foundation exclusively serves residents of Morgan County and organizations operating within the county.

Grant Distribution by State

1states

States

Cities

BloomingtonEvansvilleIndianapolisMartinsvilleMooresville

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Revenue: $1,424,567
  • Total Expenses: $2,061,421
  • Total Assets: $35,181,547
  • Total Liabilities: $32,800

2025-26 Giving: The foundation invests nearly $1.3 million in 2025-26 grants plus an additional $833,102 through its competitive grant cycle, and over $440,000 for the 2025-26 school year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$617K$1M$2M$2M201920202021202220232024
Metric202420232022
Total Assets$35,181,547$32,615,505$31,444,583
Revenue$1,424,567$749,116$1,858,858
Expenses$2,061,421$2,241,910$1,660,303
Qualifying Distributions$1,811,297$1,994,544$1,496,555
Net Investment Income$1,209,354$529,657$1,599,262
Distributable Amount$1,592,880$1,561,112$1,766,808

Giving Over Time

Total grant dollars and number of grants per year

$0$451K$903K$1M$2M44 grants201960 grants202043 grants202130 grants202234 grants202351 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ADULT AND CHILD MENTAL H…$507KBOYS & GIRLS CLUB OF MOR…$112KCATHOLIC CHARITIES INDIA…$100KYOUTH FIRST INC$100KPEACE RESTORED$96KDESERT ROSE FOUNDATION INC$90KMORGAN COUNTY SUBSTANCE …$65KSTABILITY FIRST$42KMARTINSVILLE YOUTH DEVEL…$40KCOMMUNITY SERVICE CENTER…$38K

Grant Size Distribution

207 grants across all recorded years

180<$50K15$50–100K8$100–250K1$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Keylee Wright, M.A. – Executive Director Keylee Wright is the foundation's first Executive Director, overseeing day-to-day operations, leading the Board of Directors in strategic planning, and representing the foundation at community functions. She has worked in public health since 2003, including nearly 15 years with the Indiana State Department of Health focusing on cancer prevention and control. She completed the Mutz Philanthropic Leadership Institute in 2023 and joined the Indiana Public Health Association Board of Directors in 2025 and the Indiana Philanthropy Alliance Board of Directors in 2026.

Sara Dungan, J.D. – Board President

The foundation is governed by a seven-member board of directors responsible for investments, grants, and scholarships.

Compensation Overview

From 2024 IRS filing

KEYLEE WRIGHTEXECUTIVE DIRECTOR$88K

From 2024 filing

NameTitleHoursCompensation
KEYLEE WRIGHTEXECUTIVE DIRECTOR40$87,892
AMANDA WALTER MDPRESIDENT1
SARA DUNGANVICE PRESIDENT1
JOANN FISCHERSECRETARY/TREASURER1
BJ PENDILLDIRECTOR1
ERIC WYMER MDDIRECTOR1
LISA ARNOLDDIRECTOR1
PAUL BRODERICKDIRECTOR1

Recent News & Activity

Recent developments and announcements

2025

**2025-26 Competitive Grantees Announced:** The foundation awarded $833,102 to 14 nonprofit organizations to address mental health, substance use disorder, and physical activity and nutrition needs.

Kendrick Foundation Announces 2024-25 Competitive Grantees
2024

**School-Based Mental Health Initiative:** The foundation continues a three-year mental health initiative in schools, investing over $620,000 for the 2024-25 school year.

Kendrick Foundation Announces 2024-25 Competitive Grantees

**Behavioral Health Provider Initiative:** The foundation piloted a three-year initiative supporting behavioral health providers (mental health and substance use disorder) filling new positions within Morgan County.

Kendrick Foundation Announces School-Based Mental Health Initiative 2.0:
2025

**2025-26 Scholarships:** The foundation awarded 28 students $17,500 scholarships for the 2025-26 academic year.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Kendrick Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities