The Scientech Foundation Of Indiana
The Scientech Foundation Of Indiana is a private foundation, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 19 grants totaling $141K. Net investment income was $646K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+12.0% YoY
Annual Giving
$141K
+1.0% YoY
Grant Count
19
+11.8% YoY
Avg Grant Size
$7K
-9.6% YoY
Under IRS private-foundation payout rules, The Scientech Foundation Of Indiana reported a distributable amount of $151K for 2024 — the minimum it must pay out in qualifying distributions.
About The Scientech Foundation Of Indiana
Based on IRS filings
The Scientech Foundation Of Indiana is a private foundation, based in CARMEL, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 19 grants totaling $141K. Net investment income was $646K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,419,403 | $3,054,123 | $2,802,250 |
| Revenue | $696,833 | $181,814 | $91,445 |
| Expenses | $146,583 | $141,331 | $171,772 |
| Qualifying Distributions | $146,583 | $141,331 | $171,772 |
| Net Investment Income | $645,595 | $95,631 | $58,310 |
| Distributable Amount | $151,098 | $139,303 | $141,551 |
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
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Girls Inc ($10,000), Jordan YMCA preschool ($10,000), STEM Connection ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Girls Inc Indianapolis, IN | STEM education | $10,000 |
| Starbase Indiana Inc Fort Wayne, IN | STEM education | $6,000 |
| Jordan YMCA preschool indianapolis, IN | STEM education | $10,000 |
| STEM Connection indianapolis, IN | STEM education | $10,000 |
| Cold Spring School Indianapolis, IN | STEM education | $10,000 |
| Art Center Indianapolis, IN | STEM education | $10,000 |
| Marion University Engineering Indianapolis, IN | STEM education | $10,000 |
| Riley Child Foundation Indianapolis, IN | STEM education | $6,450 |
| Grand Universe Westfield, IN | STEM education | $10,000 |
| Mini Med School Program Indianapolis, IN | STEM education | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Douglas R Gettelfinger | Treasurer | 4 | — |
| Victor Wenning | Chairman | 1 | — |
| Joseph Abella | Director | 1 | — |
| Jeff Rasley | President | 4 | — |
| Teresa Trierweiler MD | director | 1 | — |
| Douglas Sherow | director | 1 | — |
| Benny Ko | Vice President | 2 | — |
| Robert Yee | Secretery | 2 | — |
| William Halsema | director | 1 | — |
| Nancy Halsema | director | 1 | — |
| John Prentice | director | 1 | — |
| Rick Whitener | director | 1 | — |
| Andrew Ratermann | director | 1 | — |
| Helmi Banta | director | 1 | — |
| Christopher Moore | director | 1 | — |
Frequently Asked Questions
How large is The Scientech Foundation Of Indiana?
As of 2024, The Scientech Foundation Of Indiana holds $3.4M in total assets with $697K in annual revenue. It awarded 19 grants totaling $141K in 2024.
Where does The Scientech Foundation Of Indiana operate?
The Scientech Foundation Of Indiana has awarded grants in Indiana.
What size grants does The Scientech Foundation Of Indiana award?
In 2024, The Scientech Foundation Of Indiana awarded 19 grants totaling $141K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Scientech Foundation Of Indiana required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Scientech Foundation Of Indiana reported a distributable amount of $151K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Scientech Foundation Of Indiana's EIN?
The Scientech Foundation Of Indiana's EIN (Employer Identification Number) is 35-6065111. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Scientech Foundation Of Indiana'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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