Zimmer Biomet Foundation Inc is a private 501(c)(3) foundation based in Warsaw, Indiana. Officially launched in December 2020, the foundation is a philanthropic organization that strengthens Zimmer Biomet Holdings Inc.'s commitment to community impact and healthcare advancement. The foundation operates as a corporate foundation with no direct charitable activities of its own, instead distributing grants to qualified nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.9M
-22.6% YoY
Annual Giving
$4.5M
+0.3% YoY
Grant Count
31
-18.4% YoY
Avg Grant Size
$144K
+22.9% YoY
Mission & Focus Areas
The foundation's philanthropic priorities include:
- Empowering diverse and underserved communities
- Supporting STEM education
- Enabling community health
- Providing disaster relief
- Addressing musculoskeletal health disparities through the "Movement is Life" initiative
- General community support during holidays
- Building healthy communities
- Civic and community matters
Grantmaking
The foundation appears possibly open to applications based on recent tax filings, with no "preselected only" restriction indicated.
Grant Range
$25,000
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states, with documented funding activity in:
- Indiana (primary focus, including Warsaw and Winona Lake)
- Illinois
- California
- Texas
- New York
- Additional states including Colorado, Delaware, Florida, Kentucky, Maryland, Minnesota, North Carolina, Oklahoma, South Carolina, Tennessee, and Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $12.9 million to $16.6 million (figures vary by source)
- Total revenues: $753,880
- Total expenses: $4.5 million
- Number of employees: 0 (volunteer-run organization)
Financial Status: The foundation ranks in the top 10% of U.S. foundations by asset size (#11,755 of 159,550 foundations).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,867,202 | $16,621,168 | $20,608,812 |
| Revenue | $753,880 | $479,828 | $5,050,000 |
| Expenses | $4,516,576 | $4,467,472 | $6,769,222 |
| Qualifying Distributions | $4,467,387 | $4,405,284 | $6,769,152 |
| Net Investment Income | $721,790 | $462,148 | — |
| Distributable Amount | $709,024 | $870,749 | $1,039,258 |
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
194 grants across all recorded years
Open Grants
4 open opportunities from Zimmer Biomet Foundation Inc
Zimmer Biomet Foundation: Charitable Monetary Donations Grant
Zimmer Biomet Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Zimmer Biomet Foundation: Educational Grants
Zimmer Biomet Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Zimmer Biomet Foundation: Fellowship Funding (US) Grant
Zimmer Biomet Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Current Leadership (as of 2024):
- Lori Winkler, President (started June 2024)
- Chad F Phipps, Senior Vice President and Secretary
- Rachel Ellingson, Senior Vice President
- Paul Stellato, Vice President and Controller
- Pradipto Bagchi, Vice President and Treasurer
- Michael Wall, Vice President and Assistant Treasurer
- Matthew R St Louis, Vice President and Assistant Secretary
- Eric Meyer, Assistant Treasurer
- Jill Clark, Assistant Treasurer
Note: All board members and officers work on a volunteer basis (1 hour per week, $0 compensation), indicating limited paid staffing.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Recent News & Activity
Recent developments and announcements
Warsaw Community Schools celebrated six years of STEM education support from the Zimmer Biomet Foundation as of February 2024
[PDF] ZIMMER BIOMET HOLDINGS, INC. - FortuneThe foundation has supported the Animal Welfare League of Kosciusko County through employee fundraising initiatives
The foundation was identified as a major donor for the Center Lake Pavilion project
Zimmer Biomet Foundation Revealed As Big Donor For Center Lake ...Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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