Three Reasons Foundation Inc
Three Reasons Foundation Inc is a private foundation, based in Zionsville, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $93K in total assets. In 2025, it awarded 3 grants totaling $7K. Net investment income was $3K.
Three Reasons Foundation Inc at a glance
In short: Three Reasons Foundation Inc gave $7K across 3 grants in 2025 (avg $2K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $7,000
- +250.0% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $2,333
- +133.3% vs 2024
- Median grant
- $2,500
- Total assets
- $93,379
- -4.8% vs 2024
- Primary geography
- Florida (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Three Reasons Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was University of Florida Center ($4K). Together the top 3 received $7K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Three Reasons Foundation Inc gives
- Giving grew 250% from 2022 to 2025. Method
- In 2025 it paid out 136% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $450 (2020) to $7K (2025). In 2025 it made 3 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Florida Center Gainesville, FL | Educational | $3,500 |
| Ohio Northern University Ada, OH | Educational | $2,500 |
| Indiana Bass Federation Rolling Prairie, IN | Educational | $1,000 |
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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 | $93,379 | $2,895 | $7,600 | $7,000 | 3 | $7,000 | $2,895 | $5,131 |
| 2024 | $98,084 | $52,372 | $2,525 | $2,000 | 2 | $2,000 | $2,372 | $2,529 |
| 2023 | $48,238 | $2,123 | $1,022 | $500 | 1 | $500 | $2,123 | $2,337 |
| 2022 | $47,004 | $2,014 | $2,500 | $2,000 | 2 | $2,000 | $2,014 | — |
| 2021 | $55,041 | $2,610 | $3,272 | $2,750 | 2 | $2,750 | $2,610 | — |
| 2020 | $53,573 | $812 | $2,550 | $450 | 1 | — | — | — |
Under IRS private-foundation payout rules, Three Reasons Foundation Inc reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Three Reasons Foundation Inc is led by Tyler Koschnick, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Tyler Koschnick
President
On filings since 2020
1 hr/week
No compensation reported
Janelle Koschnick
Secretary
On filings since 2020
1 hr/week
No compensation reported
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 Three Reasons Foundation Inc
How much does Three Reasons Foundation Inc give each year?
Three Reasons Foundation Inc gave $7K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 2 grants.
What is Three Reasons Foundation Inc's typical grant size?
Three Reasons Foundation Inc's median grant in 2025 was $2,500, and its average grant was $2,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Three Reasons Foundation Inc give grants?
Three Reasons Foundation Inc gives mostly in Florida: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (36%) and Indiana (14%).
Does Three Reasons Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Three Reasons Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (3 grants).
How large is Three Reasons Foundation Inc?
Three Reasons Foundation Inc reported $93K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What is Three Reasons Foundation Inc's EIN?
Three Reasons Foundation Inc's EIN (Employer Identification Number) is 84-4032794. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 1, 2024)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in Three Reasons Foundation Inc's focus areas in our free grants database
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