2024-09-24T09:35:36-05:00 2023-12-31 351489521 GREENWALT CPAS INC 5342 W VERMONT STREET INDIANAPOLIS IN 46224 990 2023-01-01 201161578 SAGAMORE INSTITUTE INC SAGA 3174722050 PO BOX 301076 INDIANAPOLIS IN 46230 JAY F HEIN CEO 3174722050 2024-09-05 0 AMANDA MEKO CPA P01062615 3172412999 2024-09-05 2023 2024-08-08 14:25:15Z JAY F HEIN PO BOX 301076 INDIANAPOLIS IN 46230 18281674 0 X WWW.SAGAMOREINSTITUTE.ORG X 2005 IN MULTIPLY THE EFFECTIVENESS OF POLICY AND SOCIAL ENTREPRENEURS THROUGH RESEARCH AND CONSULTING 8 8 56 25 50000 17264 12634070 14294843 995816 1037731 104924 350206 1462848 1080014 15197658 16762794 9641684 6748191 0 0 3508772 3703181 24000 40000 228430 3351476 3411257 16525932 13902629 -1328274 2860165 13251995 15774857 1544989 1289829 11707006 14485028 X AN INDIANAPOLIS-BASED NONPROFIT, NONPARTISAN PUBLIC POLICY RESEARCH ORGANIZATION OR "THINK TANK." IT IS OUR MISSION TO RESEARCH AND ANALYZE DIFFICULT ISSUES AND TO CONNECT THE BEST IDEAS WITH LEADERS WHO CAN TRANSFORM THEM INTO SMARTER POLICY AND IMPROVED PRACTICE. 0 0 6439354 5922976 8331887 EDUCATION THE EDUCATIONAL OPPORTUNITIES PROGRAM SERVES THE J1 VISA PROGRAM, WHICH ISSUES VISAS AND MONITORS HIGHLY-QUALIFIED INTERNATIONAL TEACHERS WHO COME TO THE USA TO TEACH. IT ALSO OPERATES SCHOLARSHIPS FOR EDUCATION CHOICE, AN INDIANA SCHOLARSHIP GRANTING ORGANIZATION WHICH GRANTS SCHOLARSHIPS SO THAT STUDENTS CAN ATTEND THE SCHOOL OF THEIR CHOICE. TO RAISE THE FUNDS NECESSARY TO AWARD THE SCHOLARSHIPS, THE ORGANIZATION IS ABLE TO OFFER INDIVIDUAL AND BUSINESS DONORS A STATE TAX CREDIT EQUAL TO FIFTY PERCENT (50%) OF THE AMOUNT DONATED. SINCE THE PROGRAM'S BEGINNING AT THE ORGANIZATION, THE ACADEMIC YEARS OF OPERATIONS JULY 2011 JUNE 2024, "SCHOLARSHIPS FOR EDUCATION CHOICE" AWARDED APPROXIMATELY $50 MILLION TO OVER 9,000 INDIANA STUDENTS. THE ADMINISTRATIVE FEE INCOME VS. SCHOLARSHIP INCOME PERCENTAGE WAS 6.51% AND 4.65 % IN 2023 AND 2022, RESPECTIVELY. THE ORGANIZATION MEETS THE STATUTORY REQUIREMENTS AS STATED IN IC 20-51-3-3 SEC 3(3) AND DOES NOT USE MORE THAN TEN PERCENT OF THE TOTAL AMOUNT OF SCHOLARSHIP CONTRIBUTIONS FOR ADMINISTRATIVE COSTS. 1067085 597827 COMMUNITY DEVELOPMENT - THE ORGANIZATION'S CITIZENSHIP PORTFOLIO ENGAGES CITIZENS, SCHOLARS, AND POLITICIANS TO DEVELOP COMMUNITIES WHERE ALL PEOPLE CAN THRIVE. MANY OF THE INITIATIVES HAVE A FOCUS ON CAPACITY-BUILDING FOR COMMUNITY-BASED ORGANIZATIONS. 1507700 CRIMINAL JUSTICE REFORM - THE ORGANIZATION'S CRIMINAL JUSTICE REFORM PORTFOLIO AIMS TO HELP RESCUE AND RESTORE THOSE HURT BY CRIME AND THOSE WHOSE CRIMINAL BEHAVIOR HURTS THEMSELVES AND SOCIETY. THE ORGANIZATION IS ADVANCING NEW IDEAS FOR CRIMINAL JUSTICE POLICY REFORM AND GROUND-BREAKING INNOVATIONS. A KEY INITIATIVE IS ONE HEART, A NATIONAL COLLABORATIVE INITIATIVE THAT PROVIDES MENTORS, EDUCATION AND TRAINING PROGRAMS, AND ANCILLARY ELEMENTS TO INCARCERATED AND PROBATED YOUTH, TO EQUIP THEM WITH THE NECESSARY TOOLS AND LIFE SKILLS. 830896 POLICY REFORM - THE ORGANIZATION IS HOST TO SEVERAL POLICY REFORM PROGRAMS WHICH FOCUS ON STATE PROGRAM INNOVATIONS THAT FAVOR HEALTHY FAMILIES, WORK, ECONOMIC SUSTAINABILITY, BUDGET RESPONSIBILITY, ETC. THERE IS ALSO A CONCENTRATION ON POLICY REFORM REGARDING EDUCATION CHOICE. 631788 81457 MINORITY ENTREPRENURSHIP - THE MINORITY ENTREPRENEURSHIP PROGRAM AT THE ORGANIZATION PARTNERS WITH THE MINORITY ENTREPRENURSHIP INSTITUTE, INNOPWER, COHATCH, AND OTHER, TO HELP CLOSE THE WEALTH GAP IN AMERICA BY ACCELERATING HIGH-GROWTH ENTREPRENEURSHIP, SMALL BUSINESS SUPPORT, AND IMPACT INVESTING. 1457649 PURPOSEFUL DESIGN - PURPOSEFUL DESIGN SELLS FURNITURE CRAFTED BY PROGRAM PARTICIPANTS AND ANY PROFITS ARE RE-INVESTED INTO THE PROGRAM TO HELP REBUILD LIVES OF INDIVIDUALS BROKEN BY ADDICTION OR HOMELESSNESS, EQUIP THEM WITH VALUABLE WORK AND LIFE SKILLS, AND PROVIDE THEM A JOB BUILDING FURNITURE. PURPOSEFUL DESIGN IS A WHOLLY OWNED SUBSIDIARY OF THE ORGANIZATION. 234818 135931 INTERNATIONAL DEVELOPMENT - THE ORGANIZATION HAS SCHOLAR-PRACTITIONERS THAT SEEK TO DELIVER WISE COUNSEL TO A WORLD IN PROGRESS. SPECIFICALLY IN LIBERIA, ISRAEL, INDIA, AND RWANDA ARE VARIOUS INITIATIVES THAT WORK TOWARD ENCOURAGING COMMUNITY PROSPERITY AND FLOURISHING. 554213 10000 OTHER PROGRAMS - THESE EXPENDITURES RELATE TO IMPACT INVESTING THROUGH DONOR ADVISED FUNDS, OTHER SMALLER PROJECTS, AND GENERAL AND ADMINISTRATIVE SALARIES THAT RELATE TO PROGRAM MANAGEMENT BUT ARE NOT ALLOCATED TO SPECIFIC PROGRAMS. 3709364 227388 12723503 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 69 0 1 56 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X ROB PANOS 3174722050 PO BOX 301076 INDIANAPOLIS IN 46230 JAY F HEIN CHIEF EXECUTIVE OFFICER 40.00 X 239730 0 25716 JEAN WOJTOWICZ DIRECTOR 1.00 X 0 0 0 DAYTON MOLENDORP VICE CHAIR 1.00 X X 0 0 0 DOUG WILSON DIRECTOR 1.00 X 0 0 0 CRAIG WESTRICK TREASURER 1.00 X X 0 0 0 CLAUDIA CUMMINGS SECRETARY 1.00 X X 0 0 0 KATIE MOTE PAST CHAIR 1.00 X X 0 0 0 SAM ODLE DIRECTOR 1.00 X 0 0 0 ALLISON BARBER CHAIR 1.00 X X 0 0 0 EARL PHALEN DIRECTOR 1.00 X 0 0 0 RICH WESTLAKE CHIEF FINANCIAL OFFICER 40.00 X 84365 0 7244 TERESA LUBBERS PRESIDENT 40.00 X 172708 0 13301 BLAIR MILO DIR - CENTER TALENT & OPPO 40.00 X 148940 0 2716 LAUREL VANDENBERG DIRECTOR - EDUCATIONAL OPPORTUNITIES 40.00 X 100947 0 11926 DANIEL M CAHALEN SENIOR FELLOW 40.00 X 144311 0 514 BRIAN SCHMIDT MANAGER - PURPOSEFUL DESIGN, LLC 40.00 X 139923 0 0 DAVID PALMER MANAGER - PURPOSEFUL DESIGN, LLC 40.00 X 133215 0 0 1164139 0 61417 7 0 1 0 SECRETARIES INNOVATION GROUP PO BOX 15238 WASHINGTON DC 20003 INITIATIVES TO ASSIST LEADERSHIP IN VARI 584250 STAL-WERT LLC 7215 THOMAS BLVD PITTSBURGH PA 15208 LEADERSHIP INITIATIVES 569328 METACX INC 830 MASS AVE SUITE 1500 INDIANAPOLIS IN 46204 COLLOBORATIVE SOFTWARE 190833 THOMAS P MILLER AND ASSOCIATES LLC 1630 NORTH MERIDIAN STREET SUITE 3 INDIANAPOLIS IN 46202 CONSULTING SERVICES AND STRATEGIC PLANNI 108100 4 14294843 14294843 CONSULTING 900099 578626 528626 50000 PROGRAM 900099 457000 457000 ADMIN FEE 900099 2105 2105 1037731 350206 350206 2590292 1518880 1071412 1071412 MISCELLANEOUS INCOME 900099 8602 8602 8602 16762794 996333 50000 1421618 X 743080 743080 5925180 5925180 79931 79931 412438 323690 68384 20364 2728592 2141453 452413 134726 94451 74127 15660 4664 239086 187639 39642 11805 228614 179421 37905 11288 43917 40640 3277 42526 39353 3173 40000 40000 1613929 1493499 120430 16827 14671 2156 1060796 920328 135229 5239 262392 228776 33616 71833 62630 9203 205280 187340 17596 344 1848 1611 237 16101 14038 2063 PROGRAMMING 46686 40705 5981 BAD DEBT EXPENSE 29122 25391 3731 13902629 12723503 950696 228430 2235024 3224176 8356283 10680258 142597 0 404635 642985 425000 125000 510477 252733 41494 52818 1311248 1063408 380397 247840 176255 101255 579833 447792 13251995 15774857 495060 553756 286976 329120 762953 406953 1544989 1289829 X 2735392 3069477 8971614 11415551 11707006 14485028 13251995 15774857 2860165 -82143 0 X X 0 1 X 1 0 X 12719340 11286812 17414243 12634070 14294843 68349308 12719340 11286812 17414243 12634070 14294843 68349308 3793562 64555746 16204 28991 3651 103574 350206 502626 16127 418713 9005 8602 452447 69304381 0.93150 0.93100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 763867 695497 68370 547381 367911 179470 247840 18281674 1518880 1518880 16762794 0 16762794 15421509 1518880 1518880 13902629 0 13902629 PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS 1,518,880. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 1,518,880. 0 0 0 0 0 0 0 0 0 0 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, SPONSOR LEADERSHIP DEVELOPMENT IN THE STATE OF ISRAEL 14681 CASH GRANT 0 SUB-SAHARAN AFRICA SPONSOR MISSION TO AFRICA 65250 CASH GRANT 0 0 0 0 0 0 0 X X X 0 AMERICAN PHILANTHROPIC 119 N HIGH STREET WEST CHESTER PA 19380 PROFESSIONAL FUNDRAISER 0 0 40000 -40000 40000 -40000 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OK OH OR PA RI SC TN UT VA WA WV WI 1 INDIA COLLECTIVE 107 JOHN ST THIRD FLOOR SOUTHPORT CT 068900621 863921418 501(C)(3) 56000 0 PAYROLL GRANTS AT WORK ON PURPOSE 9891 MONTGOMERY ROAD 202 CINCINNATI OH 45242 043790286 501(C)(3) 24000 0 GRANTS CENTER FOR SERVING LEADERSHIP 7215 THOMAS BLVD PITTSBURG PA 15208 205429301 569328 0 GRANTS COMMONWEALTH IMPACT FOUNDATION PO BOX 301076 INDIANAPOLIS IN 46230 850781875 501(C)(3) 19237 0 GRANTS OSPREY RELIEF FOUNDATION 1000 N ELWELL FERRY RD COUNCIL NC 28434 301350075 501(C)(3) 10000 0 GRANTS 4 1 OHIO FAITH & ESSENTIALS - GRANT TO MINISTRY 1 5000 SCHOLARSHIPS 1847 5920180 PART I, LINE 2: SAGAMORE INSTITUTE, INC. RECEIVED APPROVAL FROM THE INDIANA DEPARTMENT OF EDUCATION TO BECOME A SCHOLARSHIP GRANTING ORGANIZATION AND ADMINISTER THE INDIANA SCHOOL SCHOLARSHIP TAX CREDIT PROGRAM. THE ORGANIZATION BRANDED THEIR PROGRAM SCHOLARSHIPS FOR EDUCATION CHOICE AND PROVIDES SCHOLARSHIPS TO STUDENTS IN GRADES K-12 FROM QUALIFYING HOUSEHOLDS WHO ARE ENROLLED IN ELIGIBLE PRIVATE SCHOOLS. SAGAMORE MONITORS THE FUNDS IN COMPLIANCE WITH THE SCHOOL SCHOLARSHIP TAX CREDIT PROGRAM. X 0 0 0 0 0 0 0 0 0 JAY F HEIN CHIEF EXECUTIVE OFFICER 239730 0 0 0 0 0 17873 0 7843 0 265446 0 0 0 TERESA LUBBERS PRESIDENT 172708 0 0 0 0 0 12833 0 468 0 186009 0 0 0 BLAIR MILO DIR - CENTER TALENT & OPPO 148940 0 0 0 0 0 0 0 2716 0 151656 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS SENT TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REPORT ANY POTENTIAL CONFLICTS OF INTERESTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. COMPARABLE DATA IS REVEIWED BY THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,260,602. MANAGEMENT AND GENERAL EXPENSES 101,650. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,362,252. PURPOSEFUL DESIGN FEES: PROGRAM SERVICE EXPENSES 232,897. MANAGEMENT AND GENERAL EXPENSES 18,780. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 251,677. FORM 990, PART XI, LINE 2 THE BOARD SELECTS THE OUTSIDE AUDITORS AND IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. SAGAMORE INVESTMENTS LLC 2902 NORTH MERIDIAN STREET INDIANAPOLIS IN 46208 350537360 FACILITATE MISSION RELATED INVESTMENTS IN -68510 249008 PURPOSEFUL DESIGN LLC 1710 JENKINS STREET INDIANAPOLIS IN 46218 841807406 PROVIDING JOBS AND REVENUE FOR PRIMARY MISSION OF REBUILDING LIVES IN -243739 5916539