Mothershead Foundation
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.
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
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:
Ready to take the next step with Mothershead Foundation?
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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
87 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
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHARINE M KRUSE | TRUSTEE | — | — |
| KATHARINE M WAKEFIELD | TRUSTEE | 2 | $14,000 |
| RICHARD D KRUSE | TRUSTEE | — | — |
| ANNE E KRUSE | TRUSTEE | 2 | $13,500 |
Contact Information
- Address: 4800 W 96th St, Indianapolis, IN 46268-3901
- Telephone: (317) 257-8208
Related Funders
Similar funders by location and focus area
Lupke Foundation Inc Agency
FORT WAYNE, IN
Assets
$1.4M
Grants
22
Total Given
$76K
Harold Ellison Tuw for Jones Cemetery 002189
MUNCIE, IN
Assets
$442K
Grants
1
Total Given
$9K
John Carroll Club of South Bend Inc
SOUTH BEND, IN
Assets
—
Grants
1
Total Given
$220K
Buchanan-clements Foundation Inc
COLUMBUS, IN
Assets
$261K
Grants
3
Total Given
$16K
Harold Ellison Scholarship Fund 002188
MUNCIE, IN
Assets
$1.1M
Grants
1
Total Given
$62K
Alatash Foundation Inc
DYER, IN
Assets
$15K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Mothershead Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities