Hulman & Company Foundation Inc
Indianapolis, IN · EIN 35-2063427. Reported 63 grants totalling $1,537,500 to 42 organizations across tax years 2021-2024. This foundation did not tell the IRS it funds only preselected organizations.
Does this foundation accept applications?
Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Hulman & Company Foundation Inc did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.
How big are its grants?
The median grant is $20,000. Half of everything it gave fell between $10,000 and $25,000; the smallest was $2,000 and the largest $125,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.
Every organization it funded
This is the complete list from its filings, largest first. Years funded is the number of separate tax years in which the organization received money -- more than one means a real relationship rather than a one-off.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Indianapolis Motor Speedway Foundation | Indianapolis, IN | $300,000 | 4 | 4 | 2024 |
| Swope Art Museum | Terre Haute, IN | $112,500 | 1 | 1 | 2024 |
| Gleaners Food Bank of Indiana | Indianapolis, IN | $95,000 | 4 | 4 | 2024 |
| 500 Festival Foundation Inc | Indianapolis, IN | $85,000 | 4 | 4 | 2024 |
| American Red Cross of Greater Indpls | Indianapolis, IN | $80,000 | 4 | 4 | 2024 |
| Saint Mary-of-the-Woods College | Saint Mary of the Wood, IN | $75,000 | 2 | 2 | 2024 |
| Wabash Valley Community Foundation Inc | Terre Haute, IN | $73,000 | 2 | 2 | 2024 |
| Park Tudor Foundation Inc | Indianapolis, IN | $70,000 | 4 | 4 | 2024 |
| Wheeler Mission Ministries | Indianapolis, IN | $65,000 | 3 | 3 | 2024 |
| Conquer Paralysis Now | Las Vegas, NV | $50,000 | 1 | 1 | 2024 |
| Friends of Rea Park Inc | Terre Haute, IN | $50,000 | 1 | 1 | 2024 |
| Mayo Clinic | Rochester, MN | $50,000 | 1 | 1 | 2024 |
| Indianapolis Zoo | Indianapolis, IN | $40,000 | 1 | 1 | 2022 |
| Cathedral High School | Indianapolis, IN | $30,000 | 2 | 2 | 2024 |
| Candles Holocaust Museum | Terre Haute, IN | $25,000 | 1 | 1 | 2024 |
| Community Foundation of Western | Covington, IN | $25,000 | 1 | 1 | 2024 |
| Reitz Home Preservation Society Inc | Evansville, IN | $25,000 | 1 | 1 | 2024 |
| Rose Hulman Institute of Technology | Terre Haute, IN | $25,000 | 1 | 1 | 2024 |
| Samaritan's Purse | Boone, NC | $25,000 | 1 | 1 | 2024 |
| Vigo County Historical Society Inc | Terre Haute, IN | $25,000 | 1 | 1 | 2024 |
| Wheeler Mission | Indianapolis, IN | $25,000 | 1 | 1 | 2021 |
| Ascension St Vincent Foundation | Indianapolis, IN | $20,000 | 1 | 1 | 2024 |
| Riley Children's Hospital | Indianapolis, IN | $20,000 | 1 | 1 | 2024 |
| Terre Haute Childrens Museum | Terre Haute, IN | $15,000 | 1 | 1 | 2024 |
| Tunnel to Towers Foundation | Saten Island, NY | $11,000 | 1 | 1 | 2024 |
| Alzheimer's Association | Chicago, IL | $10,000 | 1 | 1 | 2021 |
| Elevate Indianapolis | Indianapolis, IN | $10,000 | 1 | 1 | 2023 |
| Eskenazi Health Foundation Inc | Indianapolis, IN | $10,000 | 1 | 1 | 2024 |
| Holiday Park Foundation | Indianapolis, IN | $10,000 | 1 | 1 | 2024 |
| Indianapolis Public Library Foundation | Indianapolis, IN | $10,000 | 2 | 2 | 2022 |
| Ivy Tech Foundation | Indianapolis, IN | $10,000 | 1 | 1 | 2024 |
| Terre Haute Boys and Girls Club | Terre Haute, IN | $10,000 | 1 | 1 | 2024 |
| Terre Haute Symphony Orchestra | Terre Haute, IN | $10,000 | 1 | 1 | 2024 |
| Vigo County Educational Foundation | West Terre Haute, IN | $10,000 | 1 | 1 | 2024 |
| YMCA of Vigo County | Terre Haute, IN | $10,000 | 1 | 1 | 2024 |
| Iu Health Foundation | Indianapolis, IN | $5,000 | 1 | 1 | 2024 |
| Union Health Foundation Inc | Terre Haute, IN | $5,000 | 1 | 1 | 2024 |
| 14TH and Chestnut Community Center | Terre Haute, IN | $2,500 | 1 | 1 | 2024 |
| St Benedicts Church | Terre Haute, IN | $2,500 | 1 | 1 | 2024 |
| Gibault Children's Services | Terre Haute, IN | $2,000 | 1 | 1 | 2024 |
| Happiness Bag Inc | Terre Haute, IN | $2,000 | 1 | 1 | 2024 |
| League of Terre Haute Inc | Terre Haute, IN | $2,000 | 1 | 1 | 2024 |
10 of 42 (24%) received money in more than one year over the 4 years we hold.
Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 67%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is about typical. A high number means its list is close to settled and a newcomer has to displace someone; a low one means it is still moving money around, which is where an opening is.
What the money was for
Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.
- Indianapolis Motor Speedway Foundation
General Operating Expenses - Friends of Rea Park Inc
Clubhouse Restoration Project - Wabash Valley Community Foundation Inc
Hulman-George Family Fund - American Red Cross of Greater Indpls
2024 Hurricane Relief Efforts - Gleaners Food Bank of Indiana
Gleaners Huddle Against Hunger Program - Wheeler Mission
General Operating Expense
What kind of organizations it funds
By the recipient's own IRS classification, for the 36 grants where we could identify the organization. These are assigned categories, not our guesses.
Giving by year
| Tax year | Grants | Total | Median grant |
|---|---|---|---|
| 2021 | 9 | $178,000 | $20,000 |
| 2022 | 9 | $230,000 | $25,000 |
| 2023 | 8 | $280,000 | $20,000 |
| 2024 | 37 | $849,500 | $15,000 |
Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.
Where its money goes
Foundations concentrate geographically far more than their mission statements suggest. 91% of this one's giving went to organizations in Indiana. If you are outside its footprint, that matters more than how well your programme fits.
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Funders that support the same organizations
These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are the strongest available signal that two funders have overlapping priorities, and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.
How to approach this foundation
- Check you are its size. The median grant is $20,000. Asking for ten times that is the most common way small organizations waste a submission.
- Check you are in its geography. Its giving is concentrated in Indiana.
- Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
- Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.
Where these numbers come from
Everything above is taken from Hulman & Company Foundation Inc's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred, or estimated.
Address of record on the latest return: 8030 Spring Mill Road, Indianapolis, IN, 46260. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.
EIN 35-2063427 · See the original filings on ProPublica · How we build this
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