Indiana · Public charity
Namic Mutual Insurance Foundation
The NAMIC MUTUAL INSURANCE FOUNDATION is organized exclusively for charitable and educational purposes with the primary focus to help foster the continued growth of a strong and invigorated mutual insurance industry.
- $106k
- Granted FY2025(still arriving)
- 3
- Itemized grants FY2025
- 6
- Organizations funded FY2024
- 83%
- First-time grantees FY2024
- Itemized, FY2025
- $31k
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $8,500
- Largest grant, FY2025
- $15,500
- Organizations funded a year
- 5 to 6
- FY2023 to FY2024
- States reached, FY2025
- 2
- Total assets, FY2025
- $734k
How open it is to new grantees
In FY2024, 83% of the organizations Namic Mutual Insurance Foundation funded were first-time grantees, receiving 71% of its grant dollars.
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 3 | $31k | 33% |
| FY2024 | 6 | $69k | 83% |
| FY2023 | 5 | $68k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2025.
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
Top grantees
Largest recipients by total granted, FY2023 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Olivet College | $62,500 | 3 | 0% |
| Michigan State University | $17,000 | 2 | n/a |
| Purdue University Global Inc | $15,000 | 1 | n/a |
| Arizona State University | $10,500 | 1 | n/a |
| Indiana State University | $10,000 | 1 | n/a |
| University of Texas | $10,000 | 1 | n/a |
| St John's University New York | $10,000 | 1 | 0% |
| St Mary's University | $10,000 | 1 | 0% |
| Temple University - Of The Commonwealth System of Higher Education | $10,000 | 1 | 0% |
| Georgia Manufacturing Extension Partnership (Gamep) | $7,000 | 1 | n/a |
Show all 11 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Olivet College | $62,500 | 3 | 0% |
| Michigan State University | $17,000 | 2 | n/a |
| Purdue University Global Inc | $15,000 | 1 | n/a |
| Arizona State University | $10,500 | 1 | n/a |
| Indiana State University | $10,000 | 1 | n/a |
| University of Texas | $10,000 | 1 | n/a |
| St John's University New York | $10,000 | 1 | 0% |
| St Mary's University | $10,000 | 1 | 0% |
| Temple University - Of The Commonwealth System of Higher Education | $10,000 | 1 | 0% |
| Georgia Manufacturing Extension Partnership (Gamep) | $7,000 | 1 | n/a |
| University of Cincinnati | $5,500 | 1 | n/a |
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Charities Aid Foundation America
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Namic Mutual Insurance Foundation?
Find your warmest path to Namic Mutual Insurance Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Namic Mutual Insurance Foundation
- How much does Namic Mutual Insurance Foundation give?
- Namic Mutual Insurance Foundation reported 3 itemized grants totaling $31,000, out of $106,000 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 5 and 6 organizations a year over FY2023 to FY2024.
- What does Namic Mutual Insurance Foundation fund?
- By grant dollars over FY2023 to FY2025, its largest causes are Education (100%).
- Who are Namic Mutual Insurance Foundation's largest grantees?
- By total granted over FY2023 to FY2025: Olivet College ($63k), Michigan State University ($17k), Purdue University Global Inc ($15k).
- Does Namic Mutual Insurance Foundation fund new organizations?
- In FY2024, 83% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Namic Mutual Insurance Foundation?
- Its strongest co-funders, measured against what their size predicts, include Charities Aid Foundation America.
- Where is Namic Mutual Insurance Foundation based?
- Namic Mutual Insurance Foundation is based in IN.
Play a game based on Namic Mutual Insurance’s filings →