The Indiana State Capitol

Form 990-PFTax year 2024EIN 86-1876818

The Ivy Foundation Inc

A private foundation in Schererville, IN. Its return for tax year 2024 lists 5 grants and $23,600 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

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

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

    $23,600

    Grants listed
    5
    Assets, end of year
    $833,812
  • Tax year 2023

    $0

    Grants listed
    0
    Assets, end of year
    $837,534
  • Tax year 2022

    $0

    Grants listed
    0
    Assets, end of year
    $763,314

Grants paid in 2024

5 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Tuition and other expenses of nursing program at roosevelt university.

    $7,000
  2. Individual

    Assistance for tuition fees.

    $7,000
  3. Individual

    ON 11/5/2024, THE FOUNDATION ISSUED A GRANT OF $3,600 TO PERLA [individual], INTENDED TO SUPPORT HER EDUCATIONAL EXPENSES AS A STUDENT AT MIDWAY TRAINING INSTITUTE, WHICH IS OWNED BY THE PRESIDENT OF THE FOUNDATION, RUDYARD SMITH. PERLA [individual] DID NOT ATTEND OR CONTINUE HER ENROLLMENT AT THE INSTITUTION AND INSTEAD USED THE FUNDS FOR PERSONAL PURPOSES UNRELATED TO HER EDUCATION.UPON DISCOVERING THE MISUSE, THE FOUNDATION IMMEDIATELY WITHHELD ANY FURTHER PAYMENTS AND REFERRED THE MATTER TO LEGAL COUNSEL. LEGAL COUNSEL ENGAGED A COLLECTION AGENCY TO PURSUE RECOVERY.THE COLLECTION AGENCY HAS DETERMINED THAT THERE IS ZERO CHANCE OF RECOVERY. IN ACCORDANCE WITH TREAS. REG. 53.4945-4(C)(4), THE FOUNDATION HAS TAKEN ALL REASONABLE AND APPROPRIATE STEPS TO RECOVER THE MISUSED FUNDS, INCLUDING LEGAL ACTION WHERE APPROPRIATE, AND HAS DETERMINED THAT FURTHER ACTION WOULD NOT LIKELY RESULT IN RECOVERY. THE FOUNDATION HAS MAINTAINED ALL RECORDS RELATED TO THE GRANT.

    $3,600
  4. The Puddle ProjectFlossmoor, IL

    For the benefit of xiomaria williams as scholarship grant.

    $3,000
  5. Advocate Charitable FoundationDowners Grove, IL

    For the advocate trinity hospital staff student scholarship.

    $3,000

Where the money goes

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

  1. Health1 grant $3,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Illinois2 grants $6,000

Officers, directors and trustees

5 people as filed

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

  • Rudyard SmithPRESIDENT Hours 0Pay $0
  • Maria SmithVICE-PRESIDENT Hours 0Pay $0
  • Greg FarleyDIRECTOR Hours 0Pay $0
  • Kiritkumar TrivediDIRECTOR Hours 0Pay $0
  • Rose UwidiaDIRECTOR Hours 0Pay $0

The return

More foundations

Similar foundations

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

  1. Helen M Reitz Charitable TR FNDN XXX-XX-XXXXEvansville, IN 2 grants Preselected only $23,864 giving
  2. Ross N Pangere Foundation for the Visually ImpairePortage, IN 1 grant Preselected only $22,500 giving
  3. A Frank Orr Charitable Trust XXX-XX-XXXXEvansville, IN 9 grants Accepts applications $22,500 giving
  4. Radiology Inc FoundationSouth Bend, IN 43 grants Accepts applications $24,900 giving
  5. Fort Wayne Health & Education Foundation IncFort Wayne, IN 8 grants Preselected only $26,800 giving