Met Foundation Inc
Met Foundation Inc is a private foundation based in Indianapolis, Indiana. Its 2025 filing reports 85 grants totaling $1,368,329 to charitable organizations, including organizations in Indiana, Arizona, and Colorado.
Met Foundation Inc at a glance
In short: Met Foundation Inc gave $1.4M across 85 grants in 2025 (avg $16K), top state Indiana. 12% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,368,329
- +37.4% vs 2024
- Grants made (2025)
- 85
- -6.6% vs 2024
- Average grant
- $16,098
- +47.1% vs 2024
- Median grant
- $10,000
- Total assets
- $13,136,550
- +1.9% vs 2024
- New grantees (estimate)
- 12% first-time grantees (10 of 85, 2025)
- Primary geography
- Indiana (29% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Met Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 8224 Meadowbrook Drive, Indianapolis, IN 46240
Phone: (317) 237-0300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Met Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Second Presbyterian Church ($162K). Together the top 10 received $651K.
Grant Size Distribution
436 grants across all recorded years
The most common grant size was under $50K: 416 grants of 436 (95%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars went to recipients in Indiana (29%), Arizona (23%), and Colorado (22%). Tennessee and Washington, D.C., each received 5%.
Grant Distribution by State
Share of 2025 grant dollars across all 85 itemized grants.
States
Cities
Is Met Foundation Inc open to new grantees?
12%
first-time grantees, 2025
In 2025, 10 of 85 grantees (12%) were first-time recipients. First grants averaged $14K; repeat grants $16K. How we count
Medians: $11K first-time, $9K repeat.
- 82% of 2025 grantees were also funded in 2024. Method
- Giving grew 47% from 2022 to 2025. Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $677K (2020) to $1.4M (2025). In 2025 it made 85 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Second Presbyterian Church Indianapolis, IN | General Operations | $161,571 |
| Coalition for Sonoran Desert Protection Tucson, AZ | General Operations (8K for Desert Fence Busters Only) | $100,572 |
| Arizona Land and Water Trust Tucson, AZ | General Operations | $85,000 |
| Tucson Audubon Society Tucson, AZ | General Operations - 10K for Fence Capping, Only | $85,000 |
| Regis Jesuit High School Aurora, CO | General Operations | $45,000 |
| National Sports Center for the Disabled Golden, CO | General Operations | $40,000 |
| Park Tudor Foundation Inc Indianapolis, IN | General Operations | $38,500 |
| United Way of Central Indiana Inc Indianapolis, IN | General Operations | $35,000 |
| Food Bank of the Rockies Denver, CO | General Operations | $30,000 |
| St Marys Academy for the Sisters of Loretto Englewood, CO | General Operations | $30,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $13,136,550 | $1,717,663 | $1,519,542 | $1,368,329 | 85 | $1,406,754 | $1,625,259 | $1,465,745 |
| 2024 | $12,886,811 | $1,714,956 | $1,143,057 | $995,714 | 91 | $1,032,792 | $1,623,691 | $1,408,408 |
| 2023 | $12,298,569 | $1,777,024 | $1,043,129 | $915,558 | 89 | $967,820 | $1,702,715 | $1,044,976 |
| 2022 | $11,516,892 | $442,437 | $1,084,334 | $933,496 | 91 | $979,337 | $367,440 | $961,400 |
| 2021 | $12,172,479 | $2,053,993 | $893,470 | $726,964 | 80 | $773,262 | $1,964,496 | $975,087 |
| 2020 | $11,015,741 | $1,516,382 | $781,959 | $677,003 | 77 | — | $1,448,865 | $765,310 |
Under IRS private-foundation payout rules, Met Foundation Inc reported a distributable amount of $1.5M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state the foundation’s own mission. Its 2025 grants went to organizations working in areas including conservation, education, food security, community services, and local history. For example, the Coalition for Sonoran Desert Protection describes its mission as protecting Sonoran Desert biodiversity through science-based advocacy, education, and collaboration. Food Bank of the Rockies says it works to nourish people facing food insecurity, while the Pentwater Historical Society says it collects, preserves, and shares local history.
Grantmaking
In 2025, the foundation made 85 grants totaling $1,368,329. Grants ranged from $1,000 to $161,571, with a median grant of $10,000. The largest listed awards included $161,571 to Second Presbyterian Church in Indianapolis for general operations; $100,572 to the Coalition for Sonoran Desert Protection, including an amount designated for Desert Fence Busters; and $85,000 each to Arizona Land and Water Trust and Tucson Audubon Society. Other notable grants included $45,000 to Regis Jesuit High School, $40,000 to National Sports Center for the Disabled, and $38,500 to Park Tudor Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Susan M Tolbert as director, president, and treasurer; Douglas S McVie as director and vice president; and Alexander S McVie as director and secretary. It also lists Beth Johnson, Geoff McVie, Greg McVie, Alex Tolbert, and Brian Tolbert as directors.
Met Foundation Inc is led by Susan M. Tolbert, Director, President & Treasurer on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Susan M. Tolbert
Director, President & Treasurer
On filings since 2020
10 hrs/week
No compensation reported
Alex Tolbert
Director
On filings since 2020
10 hrs/week
No compensation reported
Alexander S. McVie
Director & Secretary
On filings since 2020
10 hrs/week
No compensation reported
Beth Johnson
Director
On filings since 2020
10 hrs/week
No compensation reported
Brian Tolbert
Director
On filings since 2020
10 hrs/week
No compensation reported
Douglas S. McVie
Director & Vice President
On filings since 2020
10 hrs/week
No compensation reported
Geoff McVie
Director
On filings since 2020
10 hrs/week
No compensation reported
Greg McVie
Director
On filings since 2020
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Met Foundation Inc
How much does Met Foundation Inc give each year?
Met Foundation Inc gave $1.4M across 85 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $996K across 91 grants.
What is Met Foundation Inc's typical grant size?
Met Foundation Inc's median grant in 2025 was $10,000, and its average grant was $16,098, across 85 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Met Foundation Inc that year got $14K on average.
Where does Met Foundation Inc give grants?
Met Foundation Inc's top state is Indiana, with 29% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Arizona (23%) and Colorado (22%). The most frequent recipient cities were Indianapolis, IN (20 grants), Denver, CO (8 grants), Tucson, AZ (7 grants) and Nashville, TN (6 grants).
Does Met Foundation Inc give general operating support?
Yes: 89% of Met Foundation Inc's 2025 grants with a stated purpose (76 of 85) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Met Foundation Inc's largest grantees?
Met Foundation Inc's largest 2025 grantees include Second Presbyterian Church ($161,571), Coalition for Sonoran Desert Protection ($100,572) and Arizona Land and Water Trust ($85,000), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is Met Foundation Inc?
Met Foundation Inc reported $13.1M in total assets on its 2025 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Met Foundation Inc fund?
The available information does not state the foundation’s own mission. Its 2025 grants went to organizations working in areas including conservation, education, food security, community services, and local history. See mission & focus areas ↑
How do I apply for a grant from Met Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does Met Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 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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Cite this profile
Grantable. (2026). Met Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/met-foundation-inc-morg_423d683f3fbd4774b5eacabc25097517
BibTeX
@misc{grantable_351995120_2026,
author = {{Grantable}},
title = {{Met Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/met-foundation-inc-morg_423d683f3fbd4774b5eacabc25097517},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Met Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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