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Also known as: FOUNDATION
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Joann And Leonard Isban Charitable Foundation is a private trust based in GRANGER, IN. The foundation received its IRS ruling in 2004. The principal officer is Donald J Messaglia. It holds total assets of $6.2M. Annual income is reported at $625K. Total assets have grown from $632K in 2011 to $6.3M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Joann And Leonard Isban Charitable Foundation has made 10 grants totaling $130K, with a median grant of $10K. Annual giving has grown from $10K in 2020 to $60K in 2022. Grantmaking activity was highest in 2021 with $60K distributed across 4 grants. Individual grants have ranged from $5K to $25K, with an average award of $13K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Indiana and Tennessee. Contributions to this foundation are tax-deductible.
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.
Joann And Leonard Isban Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in IN, TN.
Joann And Leonard Isban Charitable Foundation has distributed a total of $130K across 10 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $5K to $25K.
Joann And Leonard Isban Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals. Qualified 501 (C) (3) Organizations in Marshall County, Indiana.
Joann And Leonard Isban Charitable Foundation is headquartered in GRANGER, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jessica Maich | CO-TRUSTEE | $0 | $0 | N/A |
| Susan Payne | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$363K
Total Assets
$6.3M
Fair Market Value
$6.7M
Net Worth
$6.3M
Grants Paid
$315K
Contributions
N/A
Net Investment Income
$210K
Distribution Amount
$319K
Total: $5.8M
Total Grants
10
Total Giving
$130K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys & Girls Club Of Marshall CountyGENERAL SUPPORT | Plymouth, IN | $25K | 2022 |
| St Michael'S ChurchGENERAL SUPPORT | Plymouth, IN | $10K | 2022 |
| St Michael'S SchoolGENERAL SUPPORT | Plymouth, IN | $10K | 2022 |
| Ohana Heritage Foundation Dba A Rosie PlaceGENERAL SUPPORT | South Bend, IN | $10K | 2022 |
| Cultivate Culinary School And CateringGENERAL SUPPORT | South Bend, IN | $5K | 2022 |
| St Jude Childrens Research HospitalMedical | Memphis, TN | $10K | 2020 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN