EIN 31-0920575

Indiana Retired Teachers Association Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1976
Most recent tax filings
2023-06-01
Description
The Indiana Retired Teachers Association Foundation partners with the irta to promote the welfare of retired teachers and support those currently teaching while also encouraging people to enter the profession. To achieve their mission, the foundation sponsors scholarships for college sophomores and juniors who are education majors with sponsorship from an active irta member in each of the ten geographic areas of the irta. The foundation is located in Indianapolis, IN.
Related structure
Indiana Retired Teachers Association Foundation is a subordinate organization under Indiana Retired Teachers Association.
Also known as...
Indiana Retired Teachers Foundation
Total revenues
$45,158
2023
Total expenses
$55,085
2023
Total assets
$596,665
2023
Num. employees
0
2023

Program areas at Indiana Retired Teachers Association Foundation

To support our mission, the irta Foundation sponsors:scholarships: college sophomores and juniors who are education majors may apply in the spring. One scholarship in each of the ten geographic areas of the irta will be awarded annually.active teacher grants: public school educators (pre-k through 12) may apply so that their students will have the means to participate in special projects. Applications are due in the fall, and a minimum of one grant in each of the ten geographic areas will be awarded annually.a hand up: irta members who face an immediate, short term financial need may apply for up to $1,000. This grant request may be made at any time during the year, as a need arises.

Who funds Indiana Retired Teachers Association Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Indiana Retired Teachers AssociationContributions$6,962
AmazonSmile FoundationGeneral Support$119

Personnel at Indiana Retired Teachers Association Foundation

NameTitleCompensation
Laura Penman$57,560
Jeffrey ZookPresident$0
David ParkerSecretary$0
Ellen MulfordTreasurer$0
Judy HostetlerVice President$0
...and 7 more key personnel

Financials for Indiana Retired Teachers Association Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$21,833
Program services$0
Investment income and dividends$24,517
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,628
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$436
Total revenues$45,158

Form 990s for Indiana Retired Teachers Association Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-07990View PDF
2022-062022-11-23990View PDF
2020-062022-02-07990View PDF
2019-082021-03-04990View PDF
2018-082019-03-12990View PDF
...and 8 more Form 990s
Data update history
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 5, 2023
Updated personnel
Identified 6 new personnel
May 22, 2023
Received grants
Identified 1 new grant, including a grant for $6,962 from Indiana Retired Teachers Association
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 2, 2022
Received grants
Identified 1 new grant, including a grant for $10,000 from The Indianapolis Foundation
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
EducationHuman servicesCommunity improvementBusiness and industry
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
2629 Waterfront Dr E 105
Indianapolis, IN 46214
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
retiredteachers.org/foundation 
Phone
(317) 637-7481
IRS details
EIN
31-0920575
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B03: Education Professional Societies and Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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