Mibor Foundation Inc
MIBOR FOUNDATION INC is an Indianapolis, Indiana public charity formed in 1984. It raises funds and supports organizations working to transition people experiencing homelessness in central Indiana to safe, secure housing.
Key facts about Mibor Foundation Inc
In short: Mibor Foundation Inc gave $228K across 18 grants in 2024 (avg $13K), mostly in Indiana. 22% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.
- EIN
- 31-1158610
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $227,500
- Grants made (2024)
- 18
- Average grant
- $12,639
- Median grant
- $13,500
- New grantees (estimate)
- 22% first-time grantees (4 of 18, 2024)
- Total assets
- $2,554,292
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$2.6M
+8.2% YoY
Annual Giving
$228K
-14.2% YoY
Grant Count
18
-33.3% YoY
Avg Grant Size
$13K
+28.8% YoY
Is Mibor Foundation Inc open to new grantees?
22%
first-time grantees, 2024
In 2024, 4 of 18 grantees (22%) were first-time recipients. First grants averaged $9K; repeat grants $14K. How we count
Medians: $9K first-time, $15K repeat.
- 78% of 2024 grantees were also funded in 2023. Method
Estimate from itemized grant lists in IRS Form 990 filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s stated mission is “to raise funds and foster support for organizations transitioning Central Indiana’s homeless to safe and secure housing.” Its filing says it supports organizations serving and housing people experiencing homelessness, including victims of domestic violence, men with medical needs, and families.
The foundation’s grant-program description emphasizes permanent housing solutions and direct housing outcomes. Its listed 2024 grantees illustrate the range of organizations it supports: The PourHouse describes its mission as providing social services for people experiencing homelessness or transitional homelessness; Pathway to Recovery describes operating transitional and permanent housing programs; and 91 Place describes providing stable housing, mental health supports, and workforce development for youth and young adults experiencing homelessness. Other grantees describe work including housing and prevention services for veterans (HVAF of Indiana), safe shelter and counseling for people experiencing abuse (Sheltering Wings), and safe, affirming housing for LGBTQ youth experiencing housing instability (Trinity Haven).
Grantmaking
In filing year 2024, the foundation gave **$227,500 through 18 grants**. Grant amounts ranged from **$6,500 to $20,000**, with a median of **$13,500**. All reported 2024 grant dollars went to recipients in Indiana.
Review Cycle
, **September 18, 2026**, has passed. The program description says current-year grant recipients do not need to submit a Letter of Intent.
Open Grants
1 open opportunity from Mibor Foundation Inc
Ready to take the next step with Mibor Foundation Inc?
Geographic Focus
Where this funder awards grants
The grant program identifies a 10-county central Indiana area: Boone, Bartholomew, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Montgomery, and Morgan. The 2024 grants were all reported in Indiana, including awards to organizations in Indianapolis, Danville, and Plainfield.
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $228K (2024) to $265K (2023). In 2024 it made 18 grants totaling $228K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Dayspring Center ($20K). Together the top 10 received $162K.
Grant Size Distribution
69 grants across all recorded years
The most common grant size was under $50K: 69 grants of 69 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dayspring Center Indianapolis, IN | Financial Assistance | $20,000 |
| Pathway to Recovery Indianapolis, IN | Financial Assistance | $20,000 |
| The Pourhouse Inc Indanapolis, IN | Financial Assistance | $20,000 |
| Dove Recovery House for Women Indianapolis, IN | Financial Assistance | $15,000 |
| Hvaf of Indiana Indianapolis, IN | Financial Assistance | $15,000 |
| Sheltering Wings Center for Women Inc Danville, IN | Financial Assistance | $15,000 |
| Family Promise of Greater Indianapolis Inc Indanapolis, IN | Financial Assistance | $15,000 |
| Family Promise of Hendricks County Inc Plainfield, IN | Financial Assistance | $15,000 |
| 91 Place Indanapolis, IN | Financial Assistance | $15,000 |
| Trinity Haven Indanapolis, IN | Financial Assistance | $12,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $2,554,292 | $463,085 | $613,803 | $227,500 (18) |
| 2023 | $2,360,963 | $383,279 | $583,715 | $265,000 (27) |
| 2022 | $2,353,215 | $497,337 | $551,952 | $250,000 (24) |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,554,292 | $2,360,963 | $2,353,215 |
| Revenue | $463,085 | $383,279 | $497,337 |
| Expenses | $613,803 | $583,715 | $551,952 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $59,741 | $9,609 | $41,540 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation’s 2024 filing lists Michelle Hammes as president and Lynn Murray as treasurer. Directors listed are Frances Williams, Katie Malott, Brandon Warfield, Randy Surette, Jahana Strawther, Jamie Sargent, Doug Dilling, and Kyle Morris.
Mibor Foundation Inc is led by Shelley Specchio, Executive Director on every filing since 2020; none of the 18 officers listed in 2024 report compensation.
Officers on the 2024 filing
Shelley Specchio
Executive Director
On filings since 2020
1 hr/week
No compensation reported
Michelle Hammes
President
Director → President Elect, 2023
President Elect → President, 2024
On filings since 2021
No compensation reported
Katie Malott
Director
President Elect → President, 2023
President → Director, 2024
On filings since 2020
No compensation reported
Randy Surette
Director
Treasurer → Secretary, 2022
Secretary → Director, 2023
On filings since 2020
No compensation reported
Frances Williams
Director
On filings since 2021
No compensation reported
Kristin Dixon
Director
Director → Treasurer, 2023
Treasurer → Director, 2024
On filings since 2021
No compensation reported
Jahana Strawther
Director
On filings since 2023
No compensation reported
Jamie Sargent
Director
On filings since 2023
No compensation reported
Michael Albrecht
Director
Secretary → Director, 2024
On filings since 2023
No compensation reported
Brandon Warfield
Director
New on the 2024 filing
No compensation reported
Doug Dilling
Director
New on the 2024 filing
No compensation reported
Kyle Morris
Director
New on the 2024 filing
No compensation reported
Nicole Johnson
Director
New on the 2024 filing
No compensation reported
Rachel Campbell
Director
New on the 2024 filing
No compensation reported
Terry Waggoner
Director
New on the 2024 filing
No compensation reported
Val Penn
Director
New on the 2024 filing
No compensation reported
Danielle Coleman
Secretary
Director → Secretary, 2024
On filings since 2023
No compensation reported
Lynn Murray
Treasurer
Director → Treasurer, 2024
On filings since 2023
No compensation reported
Former officers (22)
- Former: Dona Kyler (2020–2023) — Director
- Former: Katie Griffin (2020–2023) — Director
- Former: Nancy Mutchmore (2020–2023) — Past President
- Former: Amie Drudge (2021–2023) — Director
- Former: Lindsay McAteer (2021–2023) — Director
- Former: Marcie Knafel (2023) — Director
- Former: Rachel Freitas (2023) — Director
- Former: Terry Wagonner (2023) — Director
- Former: Amy Mocas (2020–2022) — Director
- Former: Dee Eisenhour (2020–2022) — Director
- Former: Helen Metken (2020–2022) — Director
- Former: Kurt Fancher (2020–2022) — Past President
- Former: Steve Zachary (2020–2022) — Director
- Former: Wendy Buckler (2020–2022) — Director
- Former: Liz Michael (2020–2021) — Director
- Former: Robyn Breece (2021) — Director
- Former: Dawn Deputy-Poe (2020) — Director
- Former: Jeff Miles (2020) — Director
- Former: Julie Catton (2020) — Past President
- Former: Scott Pallikan (2020) — Director
- Former: Sue Pfohl (2020) — Director
- Former: Tracy Vatnsdal (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 1912 N Meridian Street, Indianapolis, IN 46202
Phone: (317) 956-5000
Website: https://realtorfoundation.org
Frequently asked questions about Mibor Foundation Inc
How much does Mibor Foundation Inc give each year?
Mibor Foundation Inc gave $228K across 18 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $265K across 27 grants.
What is Mibor Foundation Inc's typical grant size?
Mibor Foundation Inc's median grant in 2024 was $13,500, and its average grant was $12,639, across 18 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Mibor Foundation Inc that year got $9K on average.
Where does Mibor Foundation Inc give grants?
Mibor Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Indanapolis, IN (7 grants) and Indianapolis, IN (6 grants).
Does Mibor Foundation Inc give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on Mibor Foundation Inc's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Financial Assistance" (18 grants).
Who are Mibor Foundation Inc's largest grantees?
Mibor Foundation Inc's largest 2024 grantees include Dayspring Center ($20,000), Pathway to Recovery ($20,000) and The Pourhouse Inc ($20,000), according to its 2024 IRS Form 990 filing. Together they received 26% of its itemized 2024 grant dollars.
How large is Mibor Foundation Inc?
Mibor Foundation Inc reported $2.6M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $463K.
What does Mibor Foundation Inc fund?
The foundation’s stated mission is “to raise funds and foster support for organizations transitioning Central Indiana’s homeless to safe and secure housing.” See mission & focus areas ↑
How do I apply for a grant from Mibor Foundation Inc?
In filing year 2024, the foundation gave $227,500 through 18 grants. Grant amounts ranged from $6,500 to $20,000, with a median of $13,500. All reported 2024 grant dollars went to recipients in Indiana.
What is Mibor Foundation Inc's EIN?
Mibor Foundation Inc's EIN (Employer Identification Number) is 31-1158610. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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