Kendrick Foundation Inc
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
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:
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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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
207 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEYLEE WRIGHT | EXECUTIVE DIRECTOR | 40 | $87,892 |
| AMANDA WALTER MD | PRESIDENT | 1 | — |
| SARA DUNGAN | VICE PRESIDENT | 1 | — |
| JOANN FISCHER | SECRETARY/TREASURER | 1 | — |
| BJ PENDILL | DIRECTOR | 1 | — |
| ERIC WYMER MD | DIRECTOR | 1 | — |
| LISA ARNOLD | DIRECTOR | 1 | — |
| PAUL BRODERICK | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
**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**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:**2025-26 Scholarships:** The foundation awarded 28 students $17,500 scholarships for the 2025-26 academic year.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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