Met Foundation Inc
Met Foundation Inc is a private grantmaking foundation based in Indianapolis, Indiana. The organization was established in 1997 and operates as a 501(c)(3) nonprofit entity.
Key facts about Met Foundation Inc
- EIN
- 35-1995120
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $995,714
- Grants made (2024)
- 91
- Average grant
- $10,942
- Median grant
- $5,000
- Total assets
- $12,886,811
- Primary geography
- Indiana (31% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who Met Foundation Inc funds
By grant dollars, the top recipient states for Met Foundation Inc's 91 itemized 2024 grants were Indiana (31%), Arizona (23%) and Colorado (21%). The most frequent recipient cities were Indianapolis, IN (29 grants), Denver, CO (9 grants), Nashville, TN (6 grants) and Pentwater, MI (6 grants). 69% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.9M
+4.8% YoY
Annual Giving
$996K
+8.8% YoY
Grant Count
91
+2.2% YoY
Avg Grant Size
$11K
+6.4% YoY
Under IRS private-foundation payout rules, Met Foundation Inc reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is giving for the arts, youth services, and animal welfare.
Grantmaking
Based on the most recent IRS Form 990 filing (2023):
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Geographic Focus
Where this funder awards grants
The foundation is based in Indianapolis, Indiana, with a registered address at 8224 Meadowbrook Drive, Indianapolis, IN 46240-2384.
Grant Distribution by State
Share of all 91 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $12,298,569
- Total annual giving: $915,558
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,886,811 | $12,298,569 | $11,516,892 |
| Revenue | $1,714,956 | $1,777,024 | $442,437 |
| Expenses | $1,143,057 | $1,043,129 | $1,084,334 |
| Qualifying Distributions | $1,032,792 | $967,820 | $979,337 |
| Net Investment Income | $1,623,691 | $1,702,715 | $367,440 |
| Distributable Amount | $1,408,408 | $1,044,976 | $961,400 |
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
428 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Second Presbyterian Church ($99,572), Coalition for Sonoran Desert Protection ($85,000), Tucson Audubon Society ($65,571).
| Recipient | Purpose | Amount |
|---|---|---|
| SECOND PRESBYTERIAN CHURCH INDIANAPOLIS, IN | GENERAL OPERATIONS | $99,572 |
| COALITION FOR SONORAN DESERT PROTECTION TUCSON, AZ | GENERAL OPERATIONS; 8K FOR DESERT FENCEBUSTERS ONLY | $85,000 |
| TUCSON AUDUBON SOCIETY TUCSON, AZ | CAVITY-NESTING BIRDS: APPLIED CONSERVATION & RESEARCH - $5K OLYA'S PIPE CAPPING PROGRAM | $65,571 |
| ARIZONA LAND AND WATER TRUST TUCSON, AZ | GENERAL OPERATIONS | $65,000 |
| NATIONAL SPORTS CENTER FOR THE DISABLED DENVER, CO | GENERAL OPERATIONS | $37,000 |
| PARK TUDOR SCHOOL INDIANAPOLIS, IN | GENERAL OPERATIONS | $30,000 |
| REGIS JESUIT HIGH SCHOOL AURORA, CO | GENERAL OPERATIONS | $30,000 |
| ST MARY'S ACADEMY ENGLEWOOD, CO | GENERAL OPERATIONS - TUITION ASSISTANCE | $30,000 |
| UNITED WAY OF CENTRAL INDIANA INDIANAPOLIS, IN | GENERAL OPERATIONS | $30,000 |
| WILLIAMS COLLEGE WILLIAMSTOWN, MA | ALUMNI FUND | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN M TOLBERT | DIRECTOR/PRESIDENT/TREASURER | 10 | — |
| DOUGLAS S MCVIE | DIRECTOR/VICE PRESIDENT | 10 | — |
| ALEXANDER S MCVIE | DIRECTOR/SECRETARY | 10 | — |
| BETH JOHNSON | DIRECTOR | 10 | — |
| GEOFF MCVIE | DIRECTOR | 10 | — |
| GREG MCVIE | DIRECTOR | 10 | — |
| ALEX TOLBERT | DIRECTOR | 10 | — |
| BRIAN TOLBERT | DIRECTOR | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Met Foundation Inc fund?
The foundation's mission is giving for the arts, youth services, and animal welfare.
How do I apply for a grant from Met Foundation Inc?
Based on the most recent IRS Form 990 filing (2023): • **Total giving:** $915,558 • **Total assets:** $12,298,569
Where does Met Foundation Inc make grants?
The foundation is based in Indianapolis, Indiana, with a registered address at 8224 Meadowbrook Drive, Indianapolis, IN 46240-2384.
What size grants does Met Foundation Inc award?
In 2024, Met Foundation Inc awarded 91 grants totaling $996K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Met Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Met Foundation Inc reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Met Foundation Inc's EIN?
Met Foundation Inc's EIN (Employer Identification Number) is 35-1995120. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Met Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.