Transformation Trust Inc
Transformation Trust Inc is a private foundation based in Indianapolis, Indiana. Its 2024 grants supported charitable organizations working in areas including research and education, youth programs, women’s economic independence, and the arts.
Transformation Trust Inc at a glance
In short: Transformation Trust Inc gave $1.2M across 13 grants in 2024 (avg $93K), top state California. 27% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,207,000
- -2.4% vs 2023
- Grants made (2024)
- 13
- -31.6% vs 2023
- Average grant
- $92,846
- +42.6% vs 2023
- Median grant
- $70,000
- Total assets
- $21,856,502
- -1.9% vs 2023
- New grantees (estimate)
- 27% first-time grantees (3 of 11, 2024; small sample)
- Primary geography
- California (39% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Transformation Trust Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: PO Box 80007, Indianapolis, IN 46280
Phone: (317) 580-2002
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Transformation Trust Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Institute of Bioenergetics Inc ($270K across 2 grants). Together the top 10 received $1.2M.
Grant Size Distribution
62 grants across all recorded years
The most common grant size was under $50K: 24 grants of 62 (39%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars went to recipients in California (39%), Utah (22%), Indiana (18%), New York (13%), and Virginia (8%).
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Is Transformation Trust Inc open to new grantees?
27%
first-time grantees, 2024
In 2024, 3 of 11 grantees (27%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $55K; repeat grants $130K. How we count
Medians: $40K first-time, $126K repeat.
- 55% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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 2024, annual grant giving ranged from $881K (2022) to $1.9M (2020). In 2024 it made 13 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Institute of Heartmath Boulder Creek, CA | Website Upgrade, Design | $256,000 |
| Institute of Bioenergetics Inc Kamas, UT | Mastering the Matrix Documentary | $200,000 |
| Protection of the Educational Rights of Kids Newbury Park, CA | General Operations for Educational Purposes | $200,000 |
| Give to Give Foundation New York, NY | Documentary | $136,000 |
| Indiana State Symphony Society Inc DBA Indianapolis Symphony Orchestra Indianapolis, IN | Metropolitan Youth Orchestra - Building Human Potential | $100,000 |
| Institute of Natural Law Inc Charlottesville, VA | Experiential Learning Platform | $100,000 |
| Institute of Bioenergetics Inc Kamas, UT | Annual Conference | $70,000 |
| 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 |
| Y12 Inc Indianapolis, IN | General Operations | $25,000 |
Ready to take the next step with Transformation Trust Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $21,856,502 | $1,126,317 | $1,520,925 | $1,207,000 | 13 | $1,302,961 | $978,277 | $1,355,499 |
| 2023 | $22,279,129 | $986,459 | $1,525,297 | $1,237,000 | 19 | $1,329,211 | $852,167 | $1,289,965 |
| 2022 | $22,818,280 | $806,450 | $1,171,055 | $881,000 | 10 | $978,461 | $669,307 | $1,354,796 |
| 2021 | $23,182,828 | $1,253,752 | $1,526,311 | $1,257,082 | 8 | $1,309,248 | $1,114,121 | $1,480,890 |
| 2020 | $23,459,956 | $600,285 | $2,203,719 | $1,924,200 | 12 | — | $464,065 | $1,374,685 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for research and education, documentary projects, youth programming, and general operations.
Among its grantees, the Institute of HeartMath describes its mission as helping people connect with the intelligence and guidance of their hearts, including through research on heart intelligence, stress reduction, resilience, and emotional management. The Institute of Bioenergetics describes its mission as “illuminating the physics of biology through research and education.” Dress for Success Indianapolis says it works to empower women to achieve economic independence through support, professional attire, and development tools. The Indy Art Center describes its mission as providing accessible and inclusive art experiences that inspire creativity and enrich the community.
Grantmaking
In 2024, the foundation gave $1,207,000 through 13 grants. Awards ranged from $15,000 to $256,000, with a median of $70,000.
Notable 2024 grants included $256,000 to the Institute of HeartMath for a website upgrade and design; $200,000 to the Institute of Bioenergetics for a documentary; and $200,000 to Protection of the Educational Rights of Kids for general operations for educational purposes. Other grants included $136,000 to Give to Give Foundation for a documentary, $100,000 to the Indiana State Symphony Society for its Metropolitan Youth Orchestra, and $100,000 to the Institute of Natural Law for an experiential learning platform.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Sheila Klink, Elizabeth Hamilton, and Jeanne Paquette as board members.
Transformation Trust Inc's 2024 filing lists 3 officers; 2 of 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Elizabeth Hamilton
Board Member
On filings since 2020
10 hrs/week
$22K (2020) → $22K (2024)
Sheila Klink
Board Member
On filings since 2020
20 hrs/week
$75K (2020) → $75K (2024)
Jeanne Paquette
Board Member
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $75K, to Sheila Klink (Board Member). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Transformation Trust Inc
How much does Transformation Trust Inc give each year?
Transformation Trust Inc gave $1.2M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 19 grants.
What is Transformation Trust Inc's typical grant size?
Transformation Trust Inc's median grant in 2024 was $70,000, and its average grant was $92,846, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Transformation Trust Inc that year got $55K on average.
Where does Transformation Trust Inc give grants?
Transformation Trust Inc's top state is California, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Utah (22%) and Indiana (18%). The most frequent recipient cities were Indianapolis, IN (5 grants), Kamas, UT (2 grants) and New York, NY (2 grants).
Does Transformation Trust Inc give general operating support?
Yes: 31% of Transformation Trust Inc's 2024 grants with a stated purpose (4 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Transformation Trust Inc's largest grantees?
Transformation Trust Inc's largest 2024 grantees include Institute of Bioenergetics Inc ($270,000 across 2 grants), Institute of Heartmath ($256,000) and Protection of the Educational Rights of Kids ($200,000), according to its 2024 IRS Form 990-PF. Together they received 60% of its itemized 2024 grant dollars.
How large is Transformation Trust Inc?
Transformation Trust Inc reported $21.9M in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Transformation Trust Inc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for research and education, documentary projects, youth programming, and general operations. See mission & focus areas ↑
How do I apply for a grant from Transformation Trust Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Transformation Trust 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 September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Transformation Trust Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/transformation-trust-inc-morg_923e39e02f3b4bdb81cd2f31e8e9e9c0
BibTeX
@misc{grantable_352024586_2026,
author = {{Grantable}},
title = {{Transformation Trust Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/transformation-trust-inc-morg_923e39e02f3b4bdb81cd2f31e8e9e9c0},
note = {Accessed 2026-10-12. 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 Transformation Trust 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.
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