Robet Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNCIE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 22 grants totaling $247K. Net investment income was $401K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
+8.8% YoY
Annual Giving
$247K
+3.3% YoY
Grant Count
22
+4.8% YoY
Avg Grant Size
$11K
-1.4% YoY
Under IRS private-foundation payout rules, Robet Foundation Inc reported a distributable amount of $251K for 2024 — the minimum it must pay out in qualifying distributions.
About Robet Foundation Inc
Based on IRS filings
Robet Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNCIE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 22 grants totaling $247K. Net investment income was $401K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,695,776 | $3,397,918 | $3,440,054 |
| Revenue | $575,389 | $218,741 | $171,799 |
| Expenses | $277,531 | $260,877 | $237,512 |
| Qualifying Distributions | $247,000 | $243,226 | $217,083 |
| Net Investment Income | $401,396 | $206,065 | $156,477 |
| Distributable Amount | $250,915 | $220,509 | $254,556 |
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
100 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ridhwan Foundation ($150,000), Goodwill Inn ($10,000), Guest House ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RIDHWAN FOUNDATION BERKELEY, CA | GENERAL PURPOSE | $150,000 |
| PLANNED PARENTHOOD OF NORTHERN MICH TRAVERSE CITY, MI | GENERAL PURPOSE | $8,000 |
| WOMENS RESOURCE CENTER PETOSKEY, MI | GENERAL PURPOSE | $8,000 |
| LEELANAU CHILDRENS CENTER LELAND, MI | GENERAL PURPOSE | $7,000 |
| INTERLOCHEN CENTER FOR THE ARTS INTERLOCHEN, MI | DANCE SCHOLARSHIP | $3,000 |
| GOODWILL INN TRAVERSE CITY, MI | GENERAL PURPOSE | $10,000 |
| LEENANAU CHRISTIAN NEIGHBORS LAKE LEELANAU, MI | GENERAL PURPOSE | $5,000 |
| GUEST HOUSE LAKE ORION, MI | GENERAL PURPOSE | $10,000 |
| MICHAELS PLACE TRAVERSE CITY, MI | GENERAL PURPOSE | $3,000 |
| TRAVERSE HEALTH CLINIC TRAVERSE CITY, MI | GENERAL PURPOSE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAUREN CONNER | PRESIDENT | 0.5 | — |
| JAMES P BORGMANN | SECRETARY | 0.5 | — |
| BRAD LATOUR | TREASURER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Robet Foundation Inc?
Robet Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNCIE, IN. It holds $3.7M in total assets as of 2024.
How large is Robet Foundation Inc?
As of 2024, Robet Foundation Inc holds $3.7M in total assets with $575K in annual revenue. It awarded 22 grants totaling $247K in 2024.
Where does Robet Foundation Inc operate?
Robet Foundation Inc has awarded grants in California, Connecticut, Michigan.
What size grants does Robet Foundation Inc award?
In 2024, Robet Foundation Inc awarded 22 grants totaling $247K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Robet Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robet Foundation Inc reported a distributable amount of $251K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robet Foundation Inc's EIN?
Robet Foundation Inc's EIN (Employer Identification Number) is 20-5260732. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Robet Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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