Scientech Foundation Of Indiana Inc
Scientech Foundation Of Indiana Inc is a private foundation based in Carmel, Indiana. Its 2025 filing describes direct charitable activity in STEM education at the university level for Indiana universities, including scholarship funds for students and STEM camps.
Scientech Foundation Of Indiana Inc at a glance
In short: Scientech Foundation Of Indiana Inc gave $173K across 20 grants in 2025 (avg $9K), mostly in Indiana. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $172,723
- +22.1% vs 2024
- Grants made (2025)
- 20
- +5.3% vs 2024
- Average grant
- $8,636
- +16.0% vs 2024
- Median grant
- $10,000
- Total assets
- $3,792,764
- +10.9% vs 2024
- New grantees (estimate)
- 15% first-time grantees (3 of 20, 2025; small sample)
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Scientech Foundation Of Indiana Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it contributes only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 505 Lexington Blvd, Carmel, IN 46032
Phone: (317) 842-7364
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Scientech Foundation Of Indiana Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Indianapolis ($15K). Together the top 10 received $114K.
Grant Size Distribution
83 grants across all recorded years
The most common grant size was under $50K: 83 grants of 83 (100%).
Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to recipients in Indiana.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
States
Cities
Is Scientech Foundation Of Indiana Inc open to new grantees?
15%
first-time grantees, 2025
In 2025, 3 of 20 grantees (15%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $5K; repeat grants $9K. How we count
Medians: $5K first-time, $10K repeat.
- 85% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+2%). Method
- In 2025 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $93K (2021) to $173K (2025). In 2025 it made 20 grants totaling $173K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Indianapolis Indianapolis, IN | STEM research | $15,400 |
| NXG Youth Motorsports Indianapolis, IN | STEM education | $15,000 |
| Starbase Indiana Inc Fort Wayne, IN | STEM education | $12,000 |
| Stout Field Elementary School Grant Indianapolis, IN | STEM education | $11,494 |
| Girls Inc Indianapolis, IN | STEM education | $10,000 |
| Marion University Engineering Indianapolis, IN | STEM education | $10,000 |
| Jordan YMCA preschool Indianapolis, IN | STEM education | $10,000 |
| STEM Connection Indianapolis, IN | STEM education | $10,000 |
| Art Center Indianapolis, IN | STEM education | $10,000 |
| Cold Spring School Indianapolis, IN | STEM education | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,792,764 | $678,371 | $183,112 | $172,723 | 20 | $183,112 | $619,496 | $165,239 |
| 2024 | $3,419,403 | $696,833 | $146,583 | $141,440 | 19 | $146,583 | $645,595 | $151,098 |
| 2023 | $3,054,123 | $181,814 | $141,331 | $140,000 | 17 | $141,331 | $95,631 | $139,303 |
| 2022 | $2,802,250 | $91,445 | $171,772 | $169,450 | 16 | $171,772 | $58,310 | $141,551 |
| 2021 | $3,368,446 | $229,951 | $93,072 | $92,638 | 11 | $93,072 | $202,080 | $154,517 |
| 2020 | $3,008,826 | $-24,149 | $114,790 | $109,750 | 12 | — | $120,162 | $128,243 |
Under IRS private-foundation payout rules, Scientech Foundation Of Indiana Inc reported a distributable amount of $165K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing identifies university-level STEM education at Indiana universities, scholarships for students, and STEM camps as its direct charitable activity. Its 2025 grants also supported organizations with other STEM education activities. For example, Starbase Indiana describes its work as building at-risk youths’ science, math, and technology skills through experiential learning, while Cold Spring School describes its mission as developing students’ curiosity in STEM. The STEM Connection says it provides hands-on STEM experiences to children and adults.
Grantmaking
In 2025, the foundation reported 20 grants totaling $172,723. Grant amounts ranged from $250 to $15,400, with a median of $10,000.
The largest reported grants included $15,400 to the University of Indianapolis for STEM research, $15,000 to NXG Youth Motorsports for STEM education, and $12,000 to Starbase Indiana for STEM education. Other grants included $11,494 to Stout Field Elementary School Grant and $10,000 each to Girls Inc, Marion University Engineering, Jordan YMCA preschool, STEM Connection, Art Center, Cold Spring School, and Earlham summer STEM camp student le. The Ophthalmology Student Interest Group received $10,000 for recruitment for medical science careers.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Douglas R Gettelfinger as Treasurer; Victor Wenning as Chairman; Jeff Rasley as President; Benny Ko as Vice President; Robert Yee as Secretary; and Gregg Stewart, Teresa Trierweiler MD, Douglas Sherow, William Halsema, and Nancy Halsema as directors.
Scientech Foundation Of Indiana Inc is led by Jeff Rasley, President since 2023 (on filings since 2020); none of the 17 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeff Rasley
President
Secretary → President, 2023
On filings since 2020
4 hrs/week
No compensation reported
Victor Wenning
Chairman
President → Chairman, 2023
On filings since 2020
1 hr/week
No compensation reported
Teresa Trierweiler MD
Director
On filings since 2020
1 hr/week
No compensation reported
Douglas Sherow
Director
On filings since 2021
1 hr/week
No compensation reported
John Prentice
Director
On filings since 2023
1 hr/week
No compensation reported
Nancy Halsema
Director
On filings since 2023
1 hr/week
No compensation reported
Rick Whitener
Director
On filings since 2023
1 hr/week
No compensation reported
William Halsema
Director
On filings since 2023
1 hr/week
No compensation reported
Andrew Ratermann
Director
On filings since 2024
1 hr/week
No compensation reported
Christopher Moore
Director
On filings since 2024
1 hr/week
No compensation reported
Gregg Stewart
Director
New on the 2025 filing
1 hr/week
No compensation reported
Joshua Matthews
Director
New on the 2025 filing
1 hr/week
No compensation reported
Judy Weitzman
Director
New on the 2025 filing
1 hr/week
No compensation reported
Martin Meisenheimer
Director
New on the 2025 filing
1 hr/week
No compensation reported
Douglas R Gettelfinger
Treasurer
On filings since 2020
4 hrs/week
No compensation reported
Benny Ko
Vice President
Director → Vice President, 2023
On filings since 2021
2 hrs/week
No compensation reported
Robert Yee
Secretery
Director → Secretery, 2023
On filings since 2021
2 hrs/week
No compensation reported
Former officers (7)
- Former: Helmi Banta (2020–2024) — Director
- Former: Joseph Abella (2020–2024) — Director
- Former: Jerry Williams (2020–2022) — Director
- Former: Paul Richard (2020–2022) — Director
- Former: Joyce Mallette (2021–2022) — Director
- Former: Richard Carter (2020) — Director
- Former: Steve Springer (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Scientech Foundation Of Indiana Inc
How much does Scientech Foundation Of Indiana Inc give each year?
Scientech Foundation Of Indiana Inc gave $173K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $141K across 19 grants.
What is Scientech Foundation Of Indiana Inc's typical grant size?
Scientech Foundation Of Indiana Inc's median grant in 2025 was $10,000, and its average grant was $8,636, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Scientech Foundation Of Indiana Inc that year got $5K on average.
Where does Scientech Foundation Of Indiana Inc give grants?
Scientech Foundation Of Indiana Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (17 grants).
Does Scientech Foundation Of Indiana Inc give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Scientech Foundation Of Indiana Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "STEM education" (16 grants).
Who are Scientech Foundation Of Indiana Inc's largest grantees?
Scientech Foundation Of Indiana Inc's largest 2025 grantees include University of Indianapolis ($15,400), NXG Youth Motorsports ($15,000) and Starbase Indiana Inc ($12,000), according to its 2025 IRS Form 990-PF. Together they received 25% of its itemized 2025 grant dollars.
How large is Scientech Foundation Of Indiana Inc?
Scientech Foundation Of Indiana Inc reported $3.8M in total assets on its 2025 IRS Form 990-PF. It paid out $183K in qualifying distributions that year, against a required minimum of $165K (roughly 5% of its investment assets).
What does Scientech Foundation Of Indiana Inc fund?
The foundation’s filing identifies university-level STEM education at Indiana universities, scholarships for students, and STEM camps as its direct charitable activity. Its 2025 grants also supported organizations with other STEM education activities. See mission & focus areas ↑
How do I apply for a grant from Scientech Foundation Of Indiana Inc?
The foundation states that it contributes only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Scientech Foundation Of Indiana Inc's EIN?
Scientech Foundation Of Indiana Inc's EIN (Employer Identification Number) is 35-6065111. IRS Form 990 filing data is available on this page for 2020–2025.
Does Scientech Foundation Of Indiana Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 21, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Scientech Foundation Of Indiana Inc funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/scientech-foundation-of-indiana-inc-morg_56776a898d31410b85185a4b73bf9a37
BibTeX
@misc{grantable_356065111_2026,
author = {{Grantable}},
title = {{Scientech Foundation Of Indiana Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/scientech-foundation-of-indiana-inc-morg_56776a898d31410b85185a4b73bf9a37},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Scientech Foundation Of Indiana Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Scientech Foundation Of Indiana Inc down — hundreds of funders to go?