The Ternet Family Foundation Xxx-xx-xxxx

EVANSVILLE, IN EIN: 61-6611472

The Ternet Family Foundation Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 3 grants totaling $100K. Net investment income was $142K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+0.8% YoY

Annual Giving

$100K

-42.9% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$33K

-62.0% YoY

Under IRS private-foundation payout rules, The Ternet Family Foundation Xxx-xx-xxxx reported a distributable amount of $116K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ternet Family Foundation Xxx-xx-xxxx

Based on IRS filings

The Ternet Family Foundation Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 3 grants totaling $100K. Net investment income was $142K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Fort WayneIndianapolis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$434K$868K$1M$2M20202021202220232024
Metric202420232022
Total Assets$1,886,711$1,871,532$1,948,779
Revenue$150,249$124,501$11,989
Expenses$134,865$201,623$126,208
Qualifying Distributions$124,667$196,716$119,525
Net Investment Income$142,046$119,341$35,045
Distributable Amount$116,272$106,993$110,504

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$88K$131K$175K0 grants20202 grants20213 grants20222 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

TURNSTONE CENTER FOR DIS…$70KERIN'S HOUSE FOR GRIEVIN…$20KCOMMUNITY TRANSPORTATION…$10K

Grant Size Distribution

10 grants across all recorded years

6<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Turnstone Center for Disabled ($70,000), Erin's House for Grieving Children ($20,000), Community Transportation Network ($10,000).

RecipientPurposeAmount
TURNSTONE CENTER FOR DISABLED FORT WAYNE, INPROGRAM SUPPORT$70,000
ERIN'S HOUSE FOR GRIEVING CHILDREN FORT WAYNE, INPROGRAM SUPPORT$20,000
COMMUNITY TRANSPORTATION NETWORK FORT WAYNE, INPROGRAM SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

OLD NATIONAL WEALTH …TRUSTEE$31K

From 2024 filing

NameTitleHoursCompensation
OLD NATIONAL WEALTH MANAGEMENTTRUSTEE1$30,645

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Ternet Family Foundation Xxx-xx-xxxx?

The Ternet Family Foundation Xxx-xx-xxxx is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. It holds $1.9M in total assets as of 2024.

How large is The Ternet Family Foundation Xxx-xx-xxxx?

As of 2024, The Ternet Family Foundation Xxx-xx-xxxx holds $1.9M in total assets with $150K in annual revenue. It awarded 3 grants totaling $100K in 2024.

Where does The Ternet Family Foundation Xxx-xx-xxxx operate?

The Ternet Family Foundation Xxx-xx-xxxx has awarded grants in Indiana.

What size grants does The Ternet Family Foundation Xxx-xx-xxxx award?

In 2024, The Ternet Family Foundation Xxx-xx-xxxx awarded 3 grants totaling $100K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is The Ternet Family Foundation Xxx-xx-xxxx required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ternet Family Foundation Xxx-xx-xxxx reported a distributable amount of $116K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ternet Family Foundation Xxx-xx-xxxx's EIN?

The Ternet Family Foundation Xxx-xx-xxxx's EIN (Employer Identification Number) is 61-6611472. IRS Form 990 filing data is available on this page for 2020–2024.

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

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