Indiana · Public charity
The Mind Trust Inc
The mind trust strives to provide every student in indianapolis and beyond with access to an excellent education.
- $26M
- Granted FY2025(still arriving)
- 53
- Itemized grants FY2025
- 58
- Organizations funded FY2024
- 38%
- First-time grantees FY2024
- Itemized, FY2025
- $7.1M
- The rest is grants the schedule does not break out
- Median grant, FY2025
- $30,000
- Largest grant, FY2025
- $975,000
- Organizations funded a year
- 21 to 58
- FY2018 to FY2024
- States reached, FY2025
- 4
- Total assets, FY2025
- $59M
How open it is to new grantees
In FY2024, 38% of the organizations The Mind Trust Inc funded were first-time grantees, receiving 11% of its grant dollars.
New vs renewed · share of each year
In FY2024, 89% of grant dollars renewed an existing relationship; $1.9M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 53 | $7.1M | 26% |
| FY2024 | 58 | $17M | 38% |
| FY2023 | 52 | $8.6M | 37% |
| FY2022 | 44 | $9.7M | 36% |
| FY2021 | 46 | $11M | 54% |
| FY2020 | 34 | $7.2M | 65% |
| FY2018 | 21 | $4.8M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 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, FY2018 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Teach for America Inc | $7,427,500 | 7 | 1% |
| United Way of Central Indiana Inc | $5,704,277 | 2 | 7% |
| Tntp Inc | $3,452,391 | 5 | 2% |
| Paramount Schools of Excellence | $3,389,500 | 6 | 4% |
| Enroll Indy Inc | $3,060,000 | 7 | 51% |
| Stand for Children Leadership Center Inc | $2,950,000 | 7 | 4% |
| Herron High School Inc | $2,850,500 | 6 | 5% |
| Relay Graduate School of Education | $2,753,500 | 4 | 2% |
| Believe Circle City High School Inc | $1,789,477 | 6 | 23% |
| Circle City Preparatory Inc | $1,659,360 | 4 | 10% |
Show all 139 grantees
Where it is load-bearing
The Mind Trust Inc supplied at least a quarter of the budget for 14 of its grantees at some point. The chart plots its 103 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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 tightly interlocked group: 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
How this is measured
About The Mind Trust Inc
- How much does The Mind Trust Inc give?
- The Mind Trust Inc reported 53 itemized grants totaling $7,093,266, out of $26,415,087 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 21 and 58 organizations a year over FY2018 to FY2024.
- What does The Mind Trust Inc fund?
- By grant dollars over FY2018 to FY2025, its largest causes are Education (82%), Philanthropy (10%), Youth Development (4%).
- Who are The Mind Trust Inc's largest grantees?
- By total granted over FY2018 to FY2025: Teach for America Inc ($7.4M), United Way of Central Indiana Inc ($5.7M), Tntp Inc ($3.5M).
- Does The Mind Trust Inc fund new organizations?
- In FY2024, 38% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as The Mind Trust Inc?
- Its strongest co-funders, measured against what their size predicts, include The Indianapolis Foundation Inc, United Way of Central Indiana Inc, Lilly Endowment Inc.
- Where is The Mind Trust Inc based?
- The Mind Trust Inc is based in IN.
Play a game based on Mind’s filings →