· Public charity
The Mind Trust Inc
The mind trust strives to provide every student in indianapolis and beyond with access to an excellent education.
What you funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year — across FY2018–2025.
Where the money goes
Your grants by size, and where they go.
The 53 grants below total $7,093,266 — the rows itemised in this filing. The $26,415,087 headline is the total grant expense reported on the return, so the remaining $19,321,821 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.
By grant size · FY2025
- Under $10k4 grants · $30k
- $10k–50k25 grants · $525k
- $50k–250k12 grants · $1.2M
- $250k+12 grants · $5.3M
| Recipient | Amount |
|---|---|
| TEACH FOR AMERICA INC | $975,000 |
| CIRCLE CITY PREPARATORY INC | $671,860 |
| ENROLL INDY INC | $575,000 |
| STAND FOR CHILDREN LEADERSHIP CENTER INC | $550,000 |
| TNTP INC | $550,000 |
| PARAMOUNT SCHOOLS OF EXCELLENCE | $410,000 |
| INSTITUTE FOR QUALITY EDUCATION INC | $307,500 |
| HERRON HIGH SCHOOL INC (HERRON CLASSICAL SCHOOLS) | $285,000 |
| GLOBAL PREPARATORY ACADEMY INC | $262,960 |
| MARIAN UNIVERSITY INC | $250,000 |
| COLD SPRING SCHOOL INC | $250,000 |
| BELIEVE SCHOOLS INC | $250,000 |
| CHRISTEL HOUSE ACADEMY INC | $171,900 |
| MATCHBOOK LEARNING SCHOOLS OF INDIANA INC | $163,848 |
| RISE UNITED | $150,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY21–25, $569k) land where the poverty rate runs at 15%, against an area that typically sits at 11%. 92% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
Which US states your grants reach
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +62% since the first grant, against 0% for the ones you funded once.
63 repeat relationships — 39 still active in FY2025, 24 since wound down; 14 grantees were first funded in FY2025 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2025, 95% of grant dollars renewed an existing relationship; $333k went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
Teach for America Inc7× · 2018–2025 · $7.4M · revenue +1%- TITNTP INC5× · 2018–2025 · $3.5M · revenue +136%
- PSPARAMOUNT SCHOOLS OF EXCELLENCE6× · 2018–2025 · $3.4M · revenue +398%
Funded once
- REROCHESTER EDUCATION ASSOCIATION FOR THE DEVELOPMENT OF THE YOUTHgraduatedone grant, 2024 · $1.2M · revenue ×116
- NENEAR EASTSIDE INNOVATION SCHOOL CORPgraduatedone grant, 2023 · $400k · revenue +40%
- REROCHESTER EDUCATION FELLOWSHIP LLCone grant, 2023 · $391k
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
We fight for education justice and opportunities for indianapolis students by training and electing bold leaders, holding them accountable for their policy decisions, and organizing our network to influence and improve our public schools.
Thrival academy indy is a humanities-focused high school which exposes students to diverse global perspectives through experiential learning and identity exploration in order to incubate educated global citizens and passionate community…
The mission of the international school of indiana is to provide our students with a world-class education that prepares them to be responsible citizens and effective leaders in a rapidly globalizing and interdependent world.
Early learning indiana (eli) is on a mission to ensure every child is empowered with essential skills to thrive in kindergarten and beyond. (see schedule o for continuation)
As an indiana nonprofit corporation, the corporation hosts educational training, seminars, webinars, workshops, conferences, and other public forums to provide a place for learning among public education professionals and leaders to foster…
The mission of independence charter school (iacs) is to educate students of diverse ages and backgrounds - helping them understand, thrive in, and enhance our community, our environment,and our world. iacs regards learning as a continuing…
Steel city academy will empower the students of gary with the most rigorous academic skills, cultural fluency and depth of character so they can choose from boundless opportunities and strengthen the community of gary.
To provide a strong academic curriculum and broad cultural experiences in a supportive, innovative, and challenging environment that fosters academic success, good citizenship, and creates life-long learners.
The mission of intrinsic schools is to create a revolutionary new school model in order to 1) prepare all students for postsecondary success and world-changing endeavors; and 2) provide the education community with a roadmap to sustainable…
The academy's mission is to develop students into citizens who will become the next generation of entrepreneurs. we provide a caring and creative environment grounded in the belief of promoting the total development of each child: moral,…
Educate, Inspire, Connect and Mobilize Community Leaders to serve and strengthen greater Indianapolis.
The school's objective is to provide an excellent, christ-centered education, equipping students for a life of scholarship, leadership, and service.
For reference, the grantee most central to the portfolio’s shape is Teach Indy Inc and the most unlike its peers is Miles of Smiles Childcare Ministry. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
For each theme you fund, this compares how the sector’s money is shifting with how your own giving is shifting.
Sector change and giving change are each shown relative to their own range, growing (right) or shrinking (left); both normalized, so inflation isn’t mistaken for growth.
Your grantees are a median of 11 years old; the field is 22. You back the younger end — and your money leans older still.
The field is 19% startups (under 5 years old) — 6% of your grantees by number, and just 5% of your money.
The orgs you fund almost never close — 3% lost their exemption, against 12% of the field you don’t fund.
Age = years since IRS exemption (a founding proxy). “Closed” = auto-revocation for 3 years of non-filing — a floor on closure, not proof, and bigger established orgs lapse least. Association, not causation.
116 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 116 of the 140 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds Teach for America Inc ↗
- Who funds UNITED WAY OF CENTRAL INDIANA INC ↗
- Who funds TNTP INC ↗
- Who funds PARAMOUNT SCHOOLS OF EXCELLENCE ↗
- Who funds ENROLL INDY INC ↗
- Who funds STAND FOR CHILDREN LEADERSHIP CENTER INC ↗
- Who funds HERRON HIGH SCHOOL INC ↗
- Who funds RELAY GRADUATE SCHOOL OF EDUCATION ↗
- Who funds BELIEVE CIRCLE CITY HIGH SCHOOL INC ↗
- Who funds CIRCLE CITY PREPARATORY INC ↗
- Who funds ADELANTE SCHOOLS INC ↗
- Who funds MATCHBOOK LEARNING SCHOOLS OF INDIANA ↗
- Who funds INSTITUTE FOR QUALITY EDUCATION INC ↗
- Who funds ROOTED SCHOOL INC ↗
- Who funds EMPOWERED FAMILIES INC ↗
- Who funds Kipp Indianapolis Inc ↗
- Who funds ROCHESTER EDUCATION ASSOCIATION FOR THE DEVELOPMENT OF THE YOUTH ↗
- Who funds Marian University ↗
- Who funds PHALEN LEADERSHIP ACADEMY - INDIANA ↗
- Who funds LIBERTY GROVE SCHOOLS INC ↗
- Who funds PROMISE PREP INC ↗
- Who funds INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC ↗
- Who funds EDUCATION UNITED INDY INC ↗
- Who funds STARFISH INC ↗
- Who funds AVONDALE MEADOWS ACADEMY INC D/B/A UNITED SCHOOLS OF INDIANAPOLIS ↗
- Who funds PURDUE POLYTECHNIC HIGH SCHOOL OF INDIANAPOLIS INC ↗
- Who funds GLOBAL PREPARATORY ACADEMY ↗
- Who funds CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND ↗
- Who funds EDISON SCHOOL OF THE ARTS INC ↗
- Who funds Christel House Academy Inc ↗
- Who funds THE PATH SCHOOL INC ↗
- Who funds TOGETHERED INC ↗
- Who funds TEACH INDY INC ↗
- Who funds SOCIAL GOOD FUND INC ↗
- Who funds INVENT LEARNING HUB INC ↗
- Who funds NEAR EASTSIDE INNOVATION SCHOOL CORP ↗
- Who funds ALLEGIANT PREPARATORY ACADEMY ↗
- Who funds MelanatED Leaders ↗
- Who funds TEACH PLUS INC ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: The Indianapolis Foundation Inc · United Way of Central Indiana Inc · Lilly Endowment Inc · Central Indiana Community Foundation Inc · Teachers Treasures Inc · Richard M Fairbanks Foundation Inc · Lumina Foundation for Education Inc · Eugene & Marilyn Glick Foundation · Nicholas H Noyes Jr Memorial Foundation · Nina Mason Pulliam Charitable Trust · National Urban League Inc · Eli Lilly and Company Foundation
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization The Mind Trust Inc funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.