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Ackerman Foundation is a private trust based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 1993. It holds total assets of $16.7M. Annual income is reported at $6.2M. According to available records, Ackerman Foundation has made 71 grants totaling $921K, with a median grant of $10K. Annual giving has grown from $397K in 2020 to $524K in 2022. Individual grants have ranged from $2K to $63K, with an average award of $13K. The foundation has supported 44 unique organizations. Grants have been distributed to organizations in Indiana and Ohio. Contributions to this foundation are tax-deductible.
Ackerman Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 71 grants. Its grantmaking reaches organizations primarily in IN, OH.
Ackerman Foundation has distributed a total of $921K across 71 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $2K to $63K.
IT IS CURRENTLY ANTICIPATED THAT THE ORGANIZATION WILL FOCUS ITS EFFORTS IN AREAS OF SCIENTIFIC AND MEDICAL RESEARCH, CARE, INCLUDING HOUSING FOR THE AGED AND GIFTS TO ENTITIES SUCH AS MUSEUMS, ZOOS, THE UNITED WAY AND THE RED CROSS. THE ORGANIZATION MAY ALSO, IN THE FUTURE, IMPLEMENT A SCHOLAR- SHIP PROGRAM; ALTHOUGH, NO SUCH PROGRAM IS PLANNED AT THIS TIME.
Ackerman Foundation is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John F Ackerman | TRUSTEE | $0 | $0 | $0 |
Total Giving
$1.2M
Total Assets
$17.1M
Fair Market Value
$17.4M
Net Worth
$17.1M
Grants Paid
$780K
Contributions
$0
Net Investment Income
$358K
Distribution Amount
$823K
Total: $13.1M
Total Grants
71
Total Giving
$921K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
44
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersGENERAL OPERATIONS | Indianapolis, IN | $20K | 2022 |
| Children'S MuseumGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Oaks AcademyGENERAL OPERATIONS | Indianapolis, IN | $63K | 2022 |
| Jewish Federation Of Greater IndianapolisGENERAL OPERATIONS | Indianapolis, IN | $50K | 2022 |
| Conner Prairie MuseumGENERAL OPERATIONS |
Other foundations that have funded Ackerman Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Vinik Family Foundation | $5K | 2022 | GENERAL SUPPORT |
| Vinik Family Foundation | $5K | 2022 | GENERAL SUPPORT |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Fishers, IN |
| $50K |
| 2022 |
| Providence Cristo ReyGENERAL OPERATIONS | Indianapolis, IN | $50K | 2022 |
| United Way Of Central IndianaGENERAL OPERATIONS | Indianapolis, IN | $30K | 2022 |
| Gleaners Food BankGENERAL OPERATIONS | Indianapolis, IN | $25K | 2022 |
| Parent Project MdGENERAL OPERATIONS | Middletown, OH | $25K | 2022 |
| NewfieldsGENERAL OPERATIONS | Indianapolis, IN | $20K | 2022 |
| Shepherd Community CenterGENERAL OPERATIONS | Indianapolis, IN | $20K | 2022 |
| Elevate Ventures IncGENERAL OPERATIONS | Indianapolis, IN | $15K | 2022 |
| United Schools Of IndianapolisGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| Outreach IncGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| Junior Achievement Of Central IndianaGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| School On WheelsGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| O'Connor HouseGENERAL OPERATIONS | Carmel, IN | $10K | 2022 |
| TeenworksGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| John H Boner Community CenterGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| College MentorsGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| Kipp IndianapolisGENERAL OPERATIONS | Indianapolis, IN | $10K | 2022 |
| Indianapolis ZooGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Eiteljorg MuseumGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Bosma Visionary OpportunitiesGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Indianapolis Children'S ChoirGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| The Children'S Theraplay Foundation IncGENERAL OPERATIONS | Carmel, IN | $5K | 2022 |
| Concerts For A CauseGENERAL OPERATIONS | Carmel, IN | $5K | 2022 |
| Muscular Dystrophy Family FoundationGENERAL OPERATIONS | Carmel, IN | $5K | 2022 |
| Indiana Historical SocietyGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Indiana Reperatory TheatreGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Heartland Film IncGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Indianapolis Symphony Orchestra FoundationGENERAL OPERATIONS | Indianapolis, IN | $5K | 2022 |
| Eskenazi Health FoundationGENERAL OPERATIONS | Indianapolis, IN | $4K | 2022 |
| Crossroads Of America CouncilGENERAL OPERATIONS | Indianapolis, IN | $3K | 2022 |
| Wheeler MissionGENERAL PURPOSES | Indianapolis, IN | $10K | 2020 |
| Starfish InitiativeGENERAL PURPOSES | Indianapolis, IN | $10K | 2020 |
| Marian UniversityGENERAL PURPOSES | Indianapolis, IN | $10K | 2020 |
| Good Samaritan NetworkGENERAL PURPOSES | Fishers, IN | $10K | 2020 |
| Second HelpingsGENERAL PURPOSES | Indianapolis, IN | $10K | 2020 |
| Conexus IndianaGENERAL PURPOSES | Indianapolis, IN | $5K | 2020 |
| Horizon'S At St Richard'SGENERAL PURPOSES | Indianapolis, IN | $5K | 2020 |
| Ivy Tech FoundationGENERAL PURPOSES | Indianapolis, IN | $5K | 2020 |
| The Mind TrustGENERAL PURPOSES | Indianapolis, IN | $5K | 2020 |
| Indianapolis Classic SchoolsGENERAL PURPOSES | Indianapolis, IN | $3K | 2020 |
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