Mothershead Foundation

Foundation · Grantmaker INDIANAPOLIS, IN EIN: 35-1844375

The Mothershead Foundation is a private family foundation established in 1991 and based in Indianapolis, Indiana. The foundation operates as a grantmaking organization with assets of approximately $3.2 million, supporting philanthropic initiatives across multiple disciplines and geographic regions.

Key facts about Mothershead Foundation

EIN
35-1844375
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$90,658
Grants made (2024)
18
Average grant
$5,037
Median grant
$2,736
Total assets
$3,149,768
Primary geography
Indiana (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Mothershead Foundation funds

By grant dollars, the top recipient states for Mothershead Foundation's 18 itemized 2024 grants were Indiana (94%) and Missouri (6%). The most frequent recipient cities were Indianapolis, IN (14 grants). 94% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.1M

-0.2% YoY

Annual Giving

$91K

-34.1% YoY

Grant Count

18

-10.0% YoY

Avg Grant Size

$5K

-26.8% YoY

Under IRS private-foundation payout rules, Mothershead Foundation reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation focuses on funding initiatives in the following areas:

  • Arts and culture
  • Museums and children's museums
  • Humanities and history
  • Education
  • Social sciences, anthropology, and archaeology
  • Community and economic development
  • Housing development
  • Human services

Grantmaking

The foundation made grants to organizations including:

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Geographic Focus

Where this funder awards grants

The foundation supports projects in multiple U.S. cities and states, including:

  • Franklin, Indianapolis, Kansas City, Naples, New York, and Northport
  • States: Florida, Indiana, Michigan, Missouri, and New York

Grant Distribution by State

6states

Share of all 18 itemized 2024 grant dollars.

Cities

IndianapolisFranklinKansas CityNew YorkNorthportNaplesFishersLincolnMidland

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023)

  • Total assets: $3,157,551
  • Total revenues: $444,538
  • Investment income and dividends: $80,739
  • Total expenses: $211,776

Tax Information

  • EIN: 35-1844375
  • IRS ruling year: 1992
  • 501(c)(3) organization
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$122K$244K$367K$489K20202021202220232024
Metric202420232022
Total Assets$3,149,768$3,157,551$2,924,789
Revenue$156,038$444,538$353,159
Expenses$163,821$211,776$153,535
Qualifying Distributions$90,658$137,560$88,805
Net Investment Income$21,166$41,001$31,390
Distributable Amount$221,929$198,323$200,180

Giving Over Time

Total grant dollars and number of grants per year

$0$56K$111K$167K$223K13 grants202017 grants202119 grants202220 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Indiana Historical Society$13K · 2 grantsOrchard School$12KFranklin College$11KChildren's Museum of Ind…$10KCrown Hill Heritage Foun…$10KWoodstock Foundation$10KSecond Presbyterian Church$10KFarmhouse Foundation$5KIndianapolis Zoo$3KIndiana State Fair Found…$3K

Grant Size Distribution

87 grants across all recorded years

85<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Indiana Historical Society ($12,972 across 2 grants), Orchard School ($12,250), Franklin College ($11,250).

RecipientPurposeAmount
ORCHARD SCHOOL INDIANAPOLIS, INGENERAL OPERATIONS$12,250
FRANKLIN COLLEGE FRANKLIN, INGENERAL OPERATIONS$11,250
CHILDREN'S MUSEUM OF INDIANAPOLIS INDIANAPOLIS, INGENERAL OPERATIONS$10,185
CROWN HILL HERITAGE FOUNDATION INDIANAPOLIS, INGENERAL OPERATIONS$10,000
WOODSTOCK FOUNDATION INDIANAPOLIS, INGENERAL OPERATIONS$10,000
INDIANA HISTORICAL SOCIETY INDIANAPOLIS, INGENERAL OPERATIONS$10,000
SECOND PRESBYTERIAN CHURCH INDIANAPOLIS, INGENERAL OPERATIONS$10,000
FARMHOUSE FOUNDATION KANSAS CITY, MOGENERAL OPERATIONS$5,000
INDIANA HISTORICAL SOCIETY INDIANAPOLIS, INFESTIVAL OF TREES$2,972
INDIANAPOLIS ZOO INDIANAPOLIS, INGENERAL OPERATIONS$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

  • Katharine M. Kruse (Trustee)
  • Katharine M. Wakefield (Trustee)
  • Richard D. Kruse (Trustee)
  • Anne E. Kruse (Trustee)

Katharine M. Wakefield and Anne E. Kruse receive compensation for their roles.

Compensation Overview

From 2024 IRS filing

KATHARINE M WAKEFIELDTRUSTEE$14KANNE E KRUSETRUSTEE$14K

From 2024 filing

NameTitleHoursCompensation
KATHARINE M KRUSETRUSTEE——
KATHARINE M WAKEFIELDTRUSTEE2$14,000
RICHARD D KRUSETRUSTEE——
ANNE E KRUSETRUSTEE2$13,500

Contact Information

  • Address: 4800 W 96th St, Indianapolis, IN 46268-3901
  • Telephone: (317) 257-8208

Frequently Asked Questions

What does Mothershead Foundation fund?

The foundation focuses on funding initiatives in the following areas: • Arts and culture • Museums and children's museums • Humanities and history • Education • Social sciences, anthropology, and archaeology • Community and economic development • Housing development • Human services

How do I apply for a grant from Mothershead Foundation?

**Financial Activity (2023)** • Total assets: $3,157,551 • Total giving: $137,560 • Total expenses: $211,776 • Total revenues: $444,538 **Recent Grants** The foundation made grants to organizations including: • Indiana Historical Society ($25,000 for general operations) • The Children's Museum of Indianapolis ($23,310 for general operations) • Franklin College ($20,000 for general operations) The foundation made a total of 9 grants in 2023.

Where does Mothershead Foundation make grants?

The foundation supports projects in multiple U.S. cities and states, including: • Franklin, Indianapolis, Kansas City, Naples, New York, and Northport • States: Florida, Indiana, Michigan, Missouri, and New York

What size grants does Mothershead Foundation award?

In 2024, Mothershead Foundation awarded 18 grants totaling $91K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Mothershead Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mothershead Foundation reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mothershead Foundation's EIN?

Mothershead Foundation's EIN (Employer Identification Number) is 35-1844375. IRS Form 990 filing data is available on this page for 2020–2024.

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

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