The Indiana State Capitol

Form 990-PFTax year 2024EIN 35-6567579

The Ackerman Foundation

A private foundation in Indianapolis, IN. Its return for tax year 2024 lists 36 grants and $810,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), 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
John F Ackerman
401 Pennsylvania Parkway Suite 115
Indianapolis, IN 46280
(317) 663-0205
Form and materials
Money requested and purpose for which money is to be used
Deadlines
None
Restrictions
It is currently anticipated that the organization will focus its efforts in areas of scientific and medical research, care, including housing for the aged and gifts to entities such as museums, zoos, the united way and the red cross. The organization may also, in the future, implement a scholar- ship program; although, no such program is planned at this time.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $810,000

    Grants listed
    36
    Assets, end of year
    $16,688,803
  • Tax year 2023

    $780,000

    Grants listed
    35
    Assets, end of year
    $17,068,960
  • Tax year 2022

    $524,000

    Grants listed
    34
    Assets, end of year
    $17,809,664
  • Tax year 2021

    $425,250

    Grants listed
    38
    Assets, end of year
    $16,790,761
  • Tax year 2020

    $396,500

    Grants listed
    37
    Assets, end of year
    $8,001,494
  • Tax year 2019

    $443,000

    Grants listed
    47
    Assets, end of year
    $8,454,661
  • Tax year 2018

    $413,000

    Grants listed
    45
    Assets, end of year
    $7,825,096

Grants paid in 2024

36 grants, largest first

As listed on the return.

  1. Purdue FoundationWest Lafayette, IN

    General operations

    $100,000
  2. Oaks AcademyIndianapolis, IN

    General operations

    $75,000
  3. Conner Prairie MuseumFishers, IN

    General operations

    $50,000
  4. Gleaners Food BankIndianapolis, IN

    General operations

    $50,000
  5. Indianapolis ZooIndianapolis, IN

    General operations

    $50,000
  6. Jewish Federation of Greater IndianapolisIndianapolis, IN

    General operations

    $50,000
  7. United Way of Central IndianaIndianapolis, IN

    General operations

    $50,000
  8. Providence Cristo ReyIndianapolis, IN

    General operations

    $50,000
  9. First Baptist AthleticsIndianapolis, IN

    General operations

    $40,000
  10. Parent Project MDMiddletown, OH

    General operations

    $30,000
  11. Shepherd Community CenterIndianapolis, IN

    General operations

    $25,000
  12. TeenworksIndianapolis, IN

    General operations

    $25,000
  13. Herron High SchoolIndianapolis, IN

    General operations

    $25,000
  14. Elevate Ventures IncIndianapolis, IN

    General operations

    $20,000
  15. NewfieldsIndianapolis, IN

    General operations

    $20,000
  16. Big Brothers Big SistersIndianapolis, IN

    General operations

    $10,000
  17. College MentorsIndianapolis, IN

    General operations

    $10,000
  18. Muscular Dystrophy Family FoundationCarmel, IN

    General operations

    $10,000
  19. Brightlane LearningIndianapolis, IN

    General operations

    $10,000
  20. United Schools of IndianapolisIndianapolis, IN

    General operations

    $10,000
  21. Horizon HouseIndianapolis, IN

    General operations

    $10,000
  22. Junior AchievementIndianapolis, IN

    General operations

    $10,000
  23. KIPP Indianapolis IncIndianapolis, IN

    General operations

    $10,000
  24. Outreach IncIndianapolis, IN

    General operations

    $10,000
  25. Children's MuseumIndianapolis, IN

    General operations

    $5,000
  26. Eskenazi Health FoundationIndianapolis, IN

    General operations

    $5,000
  27. Indiana Reperatory TheatreIndianapolis, IN

    General operations

    $5,000
  28. Indianapolis Symphony Orchestra FoundationIndianapolis, IN

    General operations

    $5,000
  29. The Children's Theraplay Foundation IncCarmel, IN

    General operations

    $5,000
  30. Eiteljorg MuseumIndianapolis, IN

    General operations

    $5,000
  31. Center for the Performing ArtsCarmel, IN

    General operations

    $5,000
  32. Crossroads of America CouncilIndianapolis, IN

    General operations

    $5,000
  33. Heartland Film IncIndianapolis, IN

    General operations

    $5,000
  34. Indiana Center for PreventionCarmel, IN

    General operations

    $5,000
  35. Indianapolis Childrens ChoirIndianapolis, IN

    General operations

    $5,000
  36. Outrun the SunIndianapolis, IN

    General operations

    $5,000

Where the money goes

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

  1. Education4 grants $120,00027% of the total
  2. Philanthropy and grantmaking2 grants $100,00023% of the total
  3. Arts and culture6 grants $90,00020% of the total
  4. Animals1 grant $50,00011% of the total
  5. Health4 grants $25,0006% of the total
  6. Jobs and employment1 grant $25,0006% of the total
  7. 2 other causes2 grants $30,0007% of the total

By State

Grants to organizations with a US address, latest year.

  1. Indiana35 grants $780,000
  2. Ohio1 grant $30,000

Officers, directors and trustees

1 person as filed

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

  • John F AckermanTRUSTEE Hours 0.1Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Eskenazi Family Foundation IncIndianapolis, IN 1 grant Preselected only $825,000 giving
  2. Gerald D and Edna E Mann Family Foundation IncIndianapolis, IN 18 grants Preselected only $904,290 giving
  3. David P Sheetz FoundationIndianapolis, IN 30 grants Accepts applications $700,000 giving
  4. The Rick's Family Foundation IncIndianapolis, IN 29 grants Preselected only $1,014,650 giving
  5. Hubbard Family Foundation IncIndianapolis, IN 40 grants Preselected only $1,233,000 giving