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Care Institute Group Inc. is a private corporation based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 1993. The principal officer is Jay L Hicks. It holds total assets of $2.4M. Annual income is reported at $2.1M. Total assets have decreased from $5.7M in 2019 to $2.8M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of health. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Indiana and California. According to available records, Care Institute Group Inc. has made 227 grants totaling $5M, with a median grant of $10K. Annual giving has decreased from $1.4M in 2020 to $888K in 2023. Grantmaking activity was highest in 2022 with $1.9M distributed across 94 grants. Individual grants have ranged from $1K to $155K, with an average award of $22K. The foundation has supported 84 unique organizations. The foundation primarily supports organizations in Indiana, Tennessee, Massachusetts, which account for 64% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$19K
Average Grant
$30K
Largest Grant
$150K
Based on 46 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Care Institute Group Inc. primarily funds organizations in the area of health. Based on available records, the foundation has funded 227 grants. Its grantmaking reaches organizations primarily in IN, TN, MA.
Care Institute Group Inc. has distributed a total of $5M across 227 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $1K to $155K.
Care Institute Group Inc. typically selects its grantees rather than accepting unsolicited proposals.
Care Institute Group Inc. is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jay L Hicks | DIRECTOR | $38K | $0 | $38K |
| Robert N Davies | DIRECTOR | $28K | $0 | $28K |
| Kelly L Adair | ASST. SECRETARY/TREASURER | $26K | $0 | $26K |
| James C Carlino | DIRECTOR | $10K | $0 | $10K |
| Arnold M Whitman | DIRECTOR | $10K | $0 | $10K |
Total Giving
$1.1M
Total Assets
$2.8M
Fair Market Value
$5.1M
Net Worth
$2.8M
Grants Paid
$888K
Contributions
N/A
Net Investment Income
$294K
Distribution Amount
$238K
Total: $1.9M
Total Grants
227
Total Giving
$5M
Average Grant
$22K
Median Grant
$10K
Unique Recipients
84
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyEvent Sponsorship | Nashville, TN | $25K | 2023 |
| Emerald Youth Foundation$130,000 General Purpose / $25,000 Event Sponsorship | Knoxville, TN | $155K | 2023 |
| Duke UniversityScholarship | Durham, NC | $100K | 2023 |
| Boston University ScholarshipScholarship | Boston, MA | $100K | 2023 |
| UscScholarship | Los Angeles, CA | $50K | 2023 |
| Pellissippi State Community College FoundationCapital Campaign | Knoxville, TN | $50K | 2023 |
| Knoxville ZooCapital Campaign | Knoxville, TN | $50K | 2023 |
| St Vincent Depaul - St Mary'S Frankfort ChapterGeneral Purpose | Frankfort, IN | $30K | 2023 |
| The Bishop SchoolFinancial Aid Program | La Jolla, CA | $25K | 2023 |
| Knoebel Institute For Healthy Aging (University Of Denver)General Purpose | Denver, CO | $25K | 2023 |
| Methodist Health FoundationEvent Sponsorship | Indianapolis, IN | $25K | 2023 |
| Boston College TrusteesDeans Innovation Fund | Chestnut Hill, MA | $25K | 2023 |
| Muncie Childrens MuseumCapital Campaign | Muncie, IN | $25K | 2023 |
| Alzheimer'S Association Greater Indiana ChapterGeneral Purpose | Indianapolis, IN | $20K | 2023 |
| Joy'S HouseGeneral Purpose | Indianapolis, IN | $20K | 2023 |
| Heartland Film IncEvent Sponsorship | Indianapolis, IN | $20K | 2023 |
| Indianapolis SymphonyEvent Sponsorship | Indianapolis, IN | $15K | 2023 |
| Fishers Youth Assistance ProgramGeneral Purpose | Fishers, IN | $10K | 2023 |
| Boys And Girls Club Of The Tennessee ValleyGeneral Purpose | Knoxville, TN | $10K | 2023 |
| Down Syndrome Of IndianaGeneral Purpose | Indianapolis, IN | $10K | 2023 |
| Addiction Research FoundationDigital Campaign | Lajolla, CA | $10K | 2023 |
| IwinGeneral Purpose | Indianapolis, IN | $10K | 2023 |
| University Of DenverScholarship | Denver, CO | $10K | 2023 |
| Michiana Humane SocietyEvent Sponsorship | Michigan City, IN | $8K | 2023 |
| Random Acts Of FlowersEvent Sponsorship | Knoxville, TN | $5K | 2023 |
| Second HelpingsGeneral Purpose | Indianapolis, IN | $5K | 2023 |
| St Mary'S Child CenterGeneral Purpose | Indianapolis, IN | $5K | 2023 |
| Monterey Bay AquariamGeneral Purpose | Monterey, CA | $5K | 2023 |
| Coalition For Homelessness Intervention & PreventionGeneral Purpose | Indianapolis, IN | $5K | 2023 |
| Uscg Auxiliary AssociationGeneral Purpose | St Louis, MO | $5K | 2023 |
| Las PatronasGeneral Purpose | La Jolla, CA | $5K | 2023 |
| Central Indiana Council On Aging (Cicoa)General Purpose | Indianapolis, IN | $5K | 2023 |
| St Michael'S FoundationEvent Sponsorship | Toronto | $4K | 2023 |
| Samantha'S House FoundationGeneral Purpose | Indianapolis, IN | $3K | 2023 |
| Indiana Neighborhood Housing Partnership (Inhp)Event Sponsorship | Indianapolis, IN | $3K | 2023 |
| The Hope ChestGeneral Purpose | La Grange, IL | $3K | 2023 |
| Hollis Adams FoundationGeneral Purpose | Indianapolis, IN | $3K | 2023 |
| Indiana Coalition To End Sexual Assault (Icesa)General Purpose | Indianapolis, IN | $3K | 2023 |
| Indiana Canine Assistance NetworkGeneral Purpose | Indianapolis, IN | $3K | 2023 |
| Fellowship Of Christian AthletesGeneral Purpose | Kansas City, MO | $1K | 2023 |
| Clinton Central Education FoundationEvent Sponsorship | Michigantown, IN | $1K | 2023 |
| Indiana Historical SocietyExhibit sponsor | Indianapolis, IN | $50K | 2022 |
| Knoebel Insititute For Healthy AgingPaul Freeman Financial Security Program | Denver, CO | $50K | 2022 |