Ninetwelve Institute Inc

ZIONSVILLE, IN EIN: 84-4615768

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC AND EDUCATIONAL PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF THE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW). ITS PRIMARY FOCUS IS TO SUPPORT THE GOVERNMENT'S SCIENCE, TECHNOLOGY, AND ECONOMIC DEVELOPMENT OBJECTIVES BY CONNECTING THE ENTREPRENEURIAL, INNOVATION AND BUSINESS ACUMEN OF THE PRIVATE SECTOR WITH THE TECHNICAL RESEARCH CAPABILITIES OF ACADEMIC RESEARCHERS AND GOVERNMENT LABORATORIES TO DELIVER ADVANCED TECHNOLOGY FASTER, CHEAPER AND BETTER TO BENEFIT BOTH THE FEDERAL GOVERNMENT AND THE GENERAL PUBLIC.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$26.1M

+115.7% YoY

Annual Giving

$15.2M

+36.3% YoY

Grant Count

139

+36.3% YoY

Avg Grant Size

$109K

-0.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$18M$27M$36M20202021202220232024
Metric202420232022
Total Assets$26,062,756$12,082,591$19,260,418
Revenue$32,810,668$11,405,390$22,978,939
Expenses$16,934,023$18,415,730$28,523,245
Qualifying Distributions
Net Investment Income$398,195$-938,800$1,106
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$8M$11M$15M24 grants202076 grants2021142 grants2022102 grants2023139 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NHANCED SEMICONDUCTORS INC$1.0MDALLARA USA HOLDINGS INC$450KBILA SOLAR INC$300K24M TECHNOLOGIES INC$200KANCHOR TRANSLOAD LLC$200KBW FUSION LLC$200KCOLBERT PACKAGING CORPOR…$200KENTEK TECHNOLOGY HOLDING…$200KFEHRENBACHER CABINETS INC$200KFISHER PACKING COMPANY$200K

Grant Size Distribution

483 grants across all recorded years

136<$50K135$50–100K199$100–250K7$250–500K3$500K–1M2$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Ninetwelve Institute Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHAD PITTMANPRINCIPAL OF30
ALISON FRENCHBOARD MEMBER1
KATHLEEN SWANSONSECRETARY1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

16states
+8 more states

Cities

AkronAlbionAndersonAngolaArgosAuburnBataviaBatesvilleBedfordBerneBloomfieldBloomingtonBlufftonBordenBourbonBremenBristolBrownsburgBrownstownButler

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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