Transformation Trust Inc is a private foundation based in Indianapolis, Indiana, established in 1997. The organization holds 501(c)(3) tax-exempt status and operates as an independent grantmaking foundation focused on philanthropic activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.9M
-1.9% YoY
Annual Giving
$1.2M
-2.4% YoY
Grant Count
13
-31.6% YoY
Avg Grant Size
$93K
+42.6% YoY
Under IRS private-foundation payout rules, Transformation Trust Inc reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The organization has not publicly provided a formal mission statement. However, based on their grantmaking patterns, Transformation Trust Inc focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts and creative fields
- Historic preservation
- Journalism
- Mental health
Grantmaking
Grant Range
& Activity:**
Average Grant
amount and median grant amount data not publicly specified
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Geographic Focus
Where this funder awards grants
Transformation Trust Inc primarily directs funding toward:
- Indiana
- California
- Utah
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Resources:
- Total Assets (2024): $21,856,502
- Total Liabilities (2024): $0
- Total Assets (2024): $21.9M
Financial Trend: The foundation's 2024 expenses exceeded revenues, resulting in a net deficit of $394,608 for that fiscal year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,856,502 | $22,279,129 | $22,818,280 |
| Revenue | $1,126,317 | $986,459 | $806,450 |
| Expenses | $1,520,925 | $1,525,297 | $1,171,055 |
| Qualifying Distributions | $1,302,961 | $1,329,211 | $978,461 |
| Net Investment Income | $978,277 | $852,167 | $669,307 |
| Distributable Amount | $1,355,499 | $1,289,965 | $1,354,796 |
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
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Institute of Heartmath ($256,000), Institute of Bioenergetics Inc ($200,000), Protection of the Educational Rights of Kids ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 500 FESTIVAL FOUNDATION INDIANAPOLIS, IN | EXPANDING ACCESS TO NUTRITIONAL INFORMATION FOR INDIANA SCHOOLS - KIDSFIT PROGRAM | $40,000 |
| DRESS FOR SUCCESS INDIANAPOLIS INC INDIANAPOLIS, IN | GENERAL OPERATIONS | $30,000 |
| GIVE TO GIVE FOUNDATION NEW YORK, NY | DOCUMENTARY | $136,000 |
| GIVE TO GIVE FOUNDATION NEW YORK, NY | VETERANS PROGRAMS | $15,000 |
| INDIANA STATE SYMPHONY SOCIETY INC DBA INDIANAPOLIS SYMPHONY ORCHESTRA INDIANAPOLIS, IN | METROPOLITAN YOUTH ORCHESTRA - BUILDING HUMAN POTENTIAL | $100,000 |
| INDIANAPOLIS ART CENTER INDIANAPOLIS, IN | GENERAL OPERATIONS | $20,000 |
| INSTITUTE OF BIOENERGETICS INC KAMAS, UT | MASTERING THE MATRIX DOCUMENTARY | $200,000 |
| INSTITUTE OF BIOENERGETICS INC KAMAS, UT | ANNUAL CONFERENCE | $70,000 |
| INSTITUTE OF HEARTMATH BOULDER CREEK, CA | WEBSITE UPGRADE, DESIGN | $256,000 |
| INSTITUTE OF NATURAL LAW INC CHARLOTTESVILLE, VA | EXPERIENTIAL LEARNING PLATFORM | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHEILA KLINK | BOARD MEMBER | 20 | $75,000 |
| ELIZABETH HAMILTON | BOARD MEMBER | 10 | $22,000 |
| JEANNE PAQUETTE | BOARD MEMBER | 1 | — |
Contact Information
Address: PO Box 80007, Indianapolis, IN 46280-0007
Phone: 317-580-2002
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Transformation Trust Inc fund?
The organization has not publicly provided a formal mission statement. However, based on their grantmaking patterns, Transformation Trust Inc focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and creative fields • Historic preservation • Journalism • Mental health
How do I apply for a grant from Transformation Trust Inc?
**Grant Size & Activity:** • Typical grant awards range from $6,000 to $256,000 • Total giving in 2024: $1,207,000 • Average grant amount and median grant amount data not publicly specified **Recent Financial Activity:** • 2024 Revenue: $1,126,317 • 2024 Expenses: $1,520,925 • Net Income (2024): -$394,608
Where does Transformation Trust Inc make grants?
Transformation Trust Inc primarily directs funding toward: • Indiana • California • Utah
What size grants does Transformation Trust Inc award?
In 2024, Transformation Trust Inc awarded 13 grants totaling $1.2M — an average of about $93K per grant, based on its IRS Form 990 filings.
How much is Transformation Trust Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Transformation Trust Inc reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Transformation Trust Inc's EIN?
Transformation Trust Inc's EIN (Employer Identification Number) is 35-2024586. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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