The Indiana State Capitol

Form 990-PFTax year 2025EIN 26-3922724

The Forest Fund Inc

A private foundation in Indianapolis, IN. Its return for tax year 2025 lists 28 grants and $280,500 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Wendy Kortepeter - President
320 N Meridian St Ste 700
Indianapolis, IN 46204
(317) 829-5500
Form and materials
Letter
Deadlines
None
Restrictions
None

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $280,500

    Grants listed
    28
    Assets, end of year
    $5,745,799
  • Tax year 2024

    $309,861

    Grants listed
    28
    Assets, end of year
    $5,521,641
  • Tax year 2023

    $290,500

    Grants listed
    23
    Assets, end of year
    $4,678,164
  • Tax year 2022

    $307,250

    Grants listed
    25
    Assets, end of year
    $4,470,612
  • Tax year 2021

    $209,500

    Grants listed
    26
    Assets, end of year
    $4,323,543
  • Tax year 2020

    $167,000

    Grants listed
    14
    Assets, end of year
    $3,107,516
  • Tax year 2019

    $171,000

    Grants listed
    18
    Assets, end of year
    $2,765,575
  • Tax year 2018

    $143,000

    Grants listed
    16
    Assets, end of year
    $2,779,940

Grants paid in 2025

28 grants, largest first

As listed on the return.

  1. Gastro-Intestinal Research Foundation IncHighland Park, IL

    Operations

    $28,500
  2. The Salvation ArmyIndianapolis, IN

    Operations

    $25,000
  3. Midwest Food BankNormal, IN

    Operations

    $20,000
  4. New Hope of IndianaIndianapolis, IN

    Services for disabled persons and their families

    $20,000
  5. Park Tudor FoundationIndianapolis, IN

    Build possibility campaign

    $20,000
  6. First Principles ForumIndianapolis, IN

    Operations

    $15,000
  7. Second Presbyterian ChurchIndianapolis, IN

    To support youth ministries

    $15,000
  8. Lake Maxinkuckee Environmental Fund IncCulver, IN

    Operations

    $12,000
  9. Coburn Place Safehaven II IncIndianapolis, IN

    Operations

    $10,000
  10. Grit & Grace GirlsAcworth, GA

    Operations

    $10,000
  11. James Whitcomb Riley Memorial Association (DBA Riley Children's Endowment)Indianapolis, IN

    Operations

    $10,000
  12. Nehemiah Group (DBA Chicago Eco House)Chicago, IL

    Southside blooms project

    $10,000
  13. Samaritan's PurseBoone, NC

    Operations

    $10,000
  14. Sam's Wish IncCarmel, IN

    Operations

    $10,000
  15. St Mary's Child CenterIndianapolis, IN

    Operations

    $10,000
  16. Brookes Place for Grieving Young People IncIndianapolis, IN

    Grief support for youth and their families

    $5,000
  17. Culver Community Christmas Basket IncCulver, IN

    Operations

    $5,000
  18. Dyslexia Institute of Indiana IncIndianapolis, IN

    Operations

    $5,000
  19. Planned Parenthood of IllinoisChicago, IL

    Operations

    $5,000
  20. Random Acts of Flowers Indianapolis IncIndianapolis, IN

    Operations

    $5,000
  21. Roaring Fork ConservancyBasalt, CO

    Operations

    $5,000
  22. Second Helpings IncIndianapolis, IN

    Operations

    $5,000
  23. Dignity Diner FoundationChicago, IL

    Helping the hungry

    $4,000
  24. Forever Fortunate FelinesPalatine, IL

    Cat rescue and adoption

    $4,000
  25. Nourishing HopeChicago, IL

    Food, ental health support and social serivces

    $4,000
  26. Housing Opportunities and Maintenance for the Elderly Inc (home)Chicago, IL

    Assistance for low-income elderly

    $3,000
  27. Sarahs CircleChicago, IL

    Services and housing for homeless women

    $3,000
  28. Flint Creek Wildlife RehabilitationBarrington, IL

    To help injured and orphaned wildlife and provide educational programming regarding wildlife conservation

    $2,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services5 grants $60,00033% of the total
  2. Medical research1 grant $28,50015% of the total
  3. Community development2 grants $20,00011% of the total
  4. Education1 grant $20,00011% of the total
  5. Environment3 grants $19,00010% of the total
  6. Health2 grants $10,0005% of the total
  7. 5 other causes5 grants $27,00015% of the total

By State

Grants to organizations with a US address, latest year.

  1. Indiana16 grants $192,000
  2. Illinois9 grants $63,500
  3. Georgia1 grant $10,000
  4. North Carolina1 grant $10,000
  5. Colorado1 grant $5,000

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Wendy KortepeterPRESIDENT Hours 0.5Pay $0
  • William KortepeterVICE PRESIDENT Hours 0.5Pay $0

The return

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