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Nonprofit · EIN 20-1093251

IU MEDICAL GROUP FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46202

Financials

$11.1M$11.8M2023$103.9M$81.2M2024
Revenue Expenses · by fiscal year end
Financials of IU MEDICAL GROUP FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$103,901,255$81,196,075$22,705,180$408,013,450$8,135,143$399,878,307
June 30, 2024990$11,084,015$11,790,843-$706,828$370,763,990$0$370,763,990
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$70,590,016
Program service revenue
$3,090,537
Investment income
$30,220,702
Net gain from sales of assets
$17,763,227
Other revenue
$0

Expenses

Grants and similar amounts paid
$80,603,085
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$27,228
Travel
$18,024
Program services (functional)
$80,603,085
Management and general (functional)
$592,990

Balance sheet and other

Total assets, start of year
$370,763,990
Total assets, end of year
$408,013,450
Total liabilities, end of year
$8,135,143
Net assets, end of year
$399,878,307
Publicly traded securities
$372,970,916
Net assets without donor restrictions
$337,397,631
Net assets with donor restrictions
$62,480,676
Gross receipts
$322,590,118
Employees
0
Volunteers
0
Year formed
2004
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID INGRAMDIRECTOR
Trustee or director
0.25$0$1,572,531$262,714
JAY HESSBOARD CHAIRMAN
Trustee or director, Officer
1$0$1,115,039$390,445
KEVIN B GEBKESECRETARY
Trustee or director, Officer
0.25$0$1,004,651$186,801
MICHAEL FELDMANTREASURER
Trustee or director, Officer
0.25$0$829,735$84,052
WADE D CLAPPDIRECTOR
Trustee or director
0.25$0$702,391$79,893
PETER PANGDIRECTOR
Trustee or director
0.25$0$660,293$94,814
FLORA HAMMONDDIRECTOR
Trustee or director
0.25$0$492,750$74,580
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID INGRAMVICE-CHAIRMAN
Trustee or director, Officer
0.25$0$1,326,814$254,699
JAY HESSBOARD CHAIRMAN
Trustee or director, Officer
1$0$1,055,714$387,160
MICHAEL O KOCHTREASURER
Trustee or director, Officer
0.25$0$1,042,216$49,411
KEVIN B GEBKESECRETARY
Trustee or director, Officer
0.25$0$714,573$179,213
WADE D CLAPPDIRECTOR
Trustee or director
0.25$0$689,791$74,624
PETER PANGDIRECTOR
Trustee or director
0.25$0$665,722$80,940
FLORA HAMMONDDIRECTOR
Trustee or director
0.25$0$509,332$67,821

Address and contacts

Address (IRS master file)
340 W 10TH STREET FS5100, INDIANAPOLIS, IN 46202-3082
In care of
% D CRAIG BRATER
Principal officer (990 for 2024)
JAMIE B DIMOND, 340 WEST 10TH STREET FS 6200, INDIANAPOLIS, IN 46202
Signed the 990
JAMIE B DIMOND, EXECUTIVE ASSOCIATE DEAN FIN. ADMIN
Phone
(317) 278-3500
Return prepared by
BGBC ADVISORY LLC

Mission

TO ACQUIRE, MANAGE AND DISTRIBUTE FUNDS FOR THE BENEFIT OF THE INDIANA UNIVERSITY SCHOOL OF MEDICINE AND INDIANA UNIVERSITY HEALTH CARE ASSOCIATES, INC.

990 for the year ended June 30, 2025

Program accomplishments

  • TO ACQUIRE, MANAGE AND DISTRIBUTE FUNDS FOR THE BENEFIT OF THE INDIANA UNIVERSITY SCHOOL OF MEDICINE AND INDIANA UNIVERSITY HEALTH CARE ASSOCIATES, INC.
    Expenses $80,603,085 · grants $80,603,085 · revenue $3,090,537

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-1093251
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B114)
Assets (IRS master file)
$408,013,450
Income (IRS master file)
$322,590,118

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$103,901,255$81,196,075$408,013,450XML
990June 2024$11,084,015$11,790,843$370,763,990XML
990June 2023$90,820,472$26,717,815$340,333,025IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1093251).

Questions about IU MEDICAL GROUP FOUNDATION INC

What is the EIN of IU MEDICAL GROUP FOUNDATION INC?
The employer identification number (EIN) of IU MEDICAL GROUP FOUNDATION INC is 20-1093251.
Is IU MEDICAL GROUP FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to IU MEDICAL GROUP FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does IU MEDICAL GROUP FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of IU MEDICAL GROUP FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IU MEDICAL GROUP FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of IU MEDICAL GROUP FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JAMIE B DIMOND.
Who are the officers and directors of IU MEDICAL GROUP FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does IU MEDICAL GROUP FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $103,901,255, expenses of $81,196,075 and total assets of $408,013,450 at year end.

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