Ratio Foundation Inc
Ratio Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 9 grants totaling $19K. Net investment income was $3.
Key facts about Ratio Foundation Inc
- EIN
- 20-1436022
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $19,250
- Grants made (2024)
- 9
- Average grant
- $2,139
- Median grant
- $1,750
- Primary geography
- Indiana (52% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ratio Foundation Inc funds
By grant dollars, the top recipient states for Ratio Foundation Inc's 9 itemized 2024 grants were Indiana (52%), Illinois (25%) and North Carolina (23%). The most frequent recipient cities were Indianapolis, IN (5 grants), Champaign, IL (2 grants) and Raleigh, NC (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Ratio Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Ratio Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$19K
-54.0% YoY
Grant Count
9
-30.8% YoY
Avg Grant Size
$2K
-33.6% YoY
Under IRS private-foundation payout rules, Ratio Foundation Inc reported a distributable amount of $17 for 2024 — the minimum it must pay out in qualifying distributions.
About Ratio Foundation Inc
Based on IRS filings
Ratio Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 9 grants totaling $19K. Net investment income was $3.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 9 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $21 | $8 |
| Revenue | $16,766 | $42,006 | $11,002 |
| Expenses | $19,287 | $41,993 | $11,048 |
| Qualifying Distributions | $19,250 | $41,848 | $11,000 |
| Net Investment Income | $3 | $8 | $2 |
| Distributable Amount | $17 | $90 | $2 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Indy Criterium Inc ($5,000), North Carolina State University Fnd ($3,000), University of IL Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INDY CRITERIUM INC Indianapolis, IN | GENERAL | $5,000 |
| NORTH CAROLINA STATE UNIVERSITY FND Raleigh, NC | GENERAL | $3,000 |
| UNIVERSITY OF IL FOUNDATION Champaign, IL | GENERAL | $3,000 |
| ASPIRE HIGHER FOUNDATION Indianapolis, IN | GENERAL | $2,500 |
| DON MOYER BOYS & GIRLS CLUB Champaign, IL | GENERAL | $1,750 |
| IN SITU STUDIO Raleigh, NC | GENERAL | $1,500 |
| ACE MENTOR PROFRAM OF INDIANA INC Indianapolis, IN | GENERAL | $1,000 |
| INDIANA ARCHITECTURAL FOUNDATION INC Indianapolis, IN | GENERAL | $1,000 |
| FRIENDS OF INDY Indianapolis, IN | GENERAL | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| William a Browne Jr | President | — | — |
| Christopher Boardman | Secretary | — | — |
| Bryan Strube | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ratio Foundation Inc?
Ratio Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Indianapolis, IN. It holds — in total assets as of 2024.
Where does Ratio Foundation Inc operate?
Ratio Foundation Inc has awarded grants in Colorado, District of Columbia, Georgia, Illinois, Indiana, North Carolina, New York, Texas.
What size grants does Ratio Foundation Inc award?
In 2024, Ratio Foundation Inc awarded 9 grants totaling $19K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ratio Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ratio Foundation Inc reported a distributable amount of $17 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ratio Foundation Inc's EIN?
Ratio Foundation Inc's EIN (Employer Identification Number) is 20-1436022. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.