Indiana University Health Foundation Inc

Organization Overview

Indiana University Health Foundation Inc is located in Indianapolis, IN. The organization was established in 1964. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana University Health Foundation Inc 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 12/2021, Indiana University Health Foundation Inc generated $51.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $23.1m during the year ending 12/2021. While expenses have increased by 4.8% per year over the past 7 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 2019, Indiana University Health Foundation Inc has awarded 36 individual grants totaling $44,908,757. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INDIANA UNIVERSITY HEALTH FOUNDATION LEVERAGES THE POWER OF PHILANTHROPY TO SUPPORT THE IU HEALTH GOAL OF MAKING INDIANA ONE OF THE HEALTHIEST STATES IN THE NATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS A SUPPORTING ORGANIZATION FOR IU HEALTH INC. AND ITS AFFILIATED ORGANIZATIONS, THE INDIANA UNIVERSITY HEALTH FOUNDATION, INC. PROVIDED OVER $22 MILLION IN FUNDING TO IU HEALTH INC. AND ITS AFFILIATED ORGANIZATIONS FOR IMPORTANT COMMUNITY HEALTH INITIATIVES DURING 2021.


INDIANA UNIVERSITY HEALTH FOUNDATION SUPPORTS INDIANA UNIVERSITY HEALTH AND THE MEDICAL EDUCATION THAT FUNDS PHYSICIAN FELLOWSHIPS, PROFESSIONAL DEVELOPMENT AND OTHER TYPES OF MEDICAL EDUCATION. THIS ALLOWS EXPERIENCED SPECIALISTS AND LESS TENURED PHYSICIANS TO WORK TOGETHER WHILE PROVIDING OPPORTUNITIES FOR RESEARCH, RECRUITMENT, MULTI-SPECIALTY COLLABORATION AND NATIONAL EXPOSURE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director, Communications
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Indiana University
Physician Services And Research
$495,251
Fairbanks Center For Medical Ethics
Counseling And Professional Services
$289,715
C Squared Consulting
Event Planning
$138,244
Business Media Group
Event Production
$115,923
Iu School Of Medicine
Clinical Research
$113,680
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$574,365
Related organizations$6,225,010
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$12,842,422
Noncash contributions included in lines 1a–1f $103,607
Total Revenue from Contributions, Gifts, Grants & Similar$19,641,797
Total Program Service Revenue$1,711,507
Investment income $5,409,534
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $24,513,321
Net Income from Fundraising Events $153,982
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $51,478,300

Grants Awarded

Over the last fiscal year, Indiana University Health Foundation Inc has awarded $19,791,088 in support to 13 organizations.

Grant RecipientAmount

INDIANA UNIVERISTY HEALTH BALL MEMORIAL HOSPITAL INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: Hospital Programs Support

$8,413,646

INDIANA UNIVERSITY HEALTH INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: Hospital Programs Support

$8,156,603

INDIANA UNIVERSITY HEALTH BLOOMINGTON INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: Hospital Programs Support

$1,078,123

INDIANA UNIVERSITY HEALTH ARNETT INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: Hospital Programs Support

$577,265

INDIANA UNIVERSITY HEALTH NORTH HOSPITAL INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: Hospital Programs Support

$503,266

INDIANA UNIVERSITY HEALTH CARE ASSOCIATES INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: General support

$297,022
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Indiana University Health Foundation Inc has recieved totaling $4,100.

Awarding OrganizationAmount
Van Riper-Woodard Family Foundation Inc

Carmel, IN

PURPOSE: UNRESTRICTED DONATION

$3,600
Bussing-Koch Foundation Inc

Evansville, IN

PURPOSE: GENERAL OPERATING EXPENSE

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$68,282,432
Earnings$6,237,899
Net Contributions$5,032,007
Other Expense$2,122,285
Ending Balance$77,430,053

Create an account to unlock the data you need.

or