Ihs Foundatiion
- Assets
- $0.0
- Revenue
- $1.3m
- Investments
- $15.4m
- Employees
- 0
- Location
- columbus, OH
- Founding
- 08/2000
- Data as of
- 12/2020
- EIN
- 31-1721314
Organization Overview
Ihs Foundatiion is located in columbus, OH. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ihs Foundatiion is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Ihs Foundatiion generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 52.7% each year . All expenses for the organization totaled $2.0m during the year ending 12/2020. While expenses have increased by 6.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ihs Foundatiion has awarded 233 individual grants totaling $27,083,993. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justine A Skestos President | 0 | $0 | |
Amy Johnston Secretary | 1 | $0 | |
William Moorhead Treasurer | 1 | $0 | |
Stephanie Skestos Gabriele Trustee | 0 | $0 | |
Jason J Skestos Trustee | 0 | $0 | |
George Anthony Skestos Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $102 |
| Interest on Savings | $552,842 |
| Dividends & Interest | $350,420 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,262,711 |
| Total Revenue | $1,340,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $11,350 |
| Contributions, gifts, grants paid | $1,969,056 |
| Total expenses and disbursements | $1,980,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,083,164 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,848,605 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ihs Foundatiion has awarded $18,243,157 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
IHS FUND AEF PURPOSE: TO PROMOTE RELIGION, EDUCATION, SCIENCE, OR PUBLIC HEALTH AND WELFARE | $16,754,926 |
WISCONSIN LUTH COLLEGE PURPOSE: TO PROMOTE RELIGION, EDUCATION, SCIENCE, OR PUBLIC HEALTH AND WELFARE | $377,725 |
New Ulm, MN PURPOSE: TO PROMOTE RELIGION, EDUCATION, SCIENCE, OR PUBLIC HEALTH AND WELFARE | $296,395 |
GIGI'S DOG SHELTER PURPOSE: TO PROMOTE RELIGION, EDUCATION, SCIENCE, OR PUBLIC HEALTH AND WELFARE | $119,111 |
OPERA PROJECT COLUMBUS PURPOSE: TO PROMOTE RELIGION, EDUCATION, SCIENCE, OR PUBLIC HEALTH AND WELFARE | $70,000 |
EBENEZER ETHIOPIAN EVANGELICAL CHURCH PURPOSE: TO PROMOTE RELIGION, EDUCATION, SCIENCE, OR PUBLIC HEALTH AND WELFARE | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Progressive Insurance Foundation Cleveland, OH | $7,804,354 | $47,823,383 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Third Federal Foundation Cleveland, OH | $35,709,526 | $3,618,702 |
Gii Charities Grand Rapids, MI | $4,065,002 | $6,112,431 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Westfield Insurance Foundation Westfield Center, OH | $42,931,784 | $4,362,594 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |
Morgan Family Foundation Yellow Springs, OH | $51,827,477 | $1,582,241 |
Harry M And Violet Turner Charitable Trust Springfield, OH | $29,217,065 | $2,348,308 |
Penske Foundation Inc Bloomfield Hills, MI | $17,008,099 | $10,243,924 |