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Filing year 2024

IU MEDICAL GROUP FOUNDATION INC

Indianapolis, Indiana·EIN 20-1093251·NTEE B114 · Education·3
Total revenue
$103.9M
Total assets
$408M
Total expenses
$81.2M
Reported officers
7
Mission

TO ACQUIRE, MANAGE AND DISTRIBUTE FUNDS FOR THE BENEFIT OF THE INDIANA UNIVERSITY SCHOOL OF MEDICINE AND INDIANA UNIVERSITY HEALTH CARE ASSOCIATES, INC.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Board Chairman
board chair
$390k
$420k
Director
board member
$263k
$283k
Secretary
officer (unspecified)
$187k
$201k
Director
board member
$95k
$102k
Treasurer
officer (unspecified)
$84k
$90k
Director
board member
$80k
$86k
Director
board member
$75k
$80k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Education

Held steady
from 2023

From $387k in 2023 to $390k in 2024.

$387k
2023
$390k
2024
In today's dollarsEst.
Down 2% in real terms$428k to $420k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

IU MEDICAL GROUP FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.1M
$11.8M
2023
$103.9M
$81.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Indiana

Comparable education organizations in Indiana pay their highest-earning executive a median of $90,147.

25th percentile
$17k
Median
$90,147
75th percentile
$168k
90th percentile
$296k

These are education sector-wide figures, not this organization's reported pay. Based on 216 organizations across 216 filings (2021 – 2023).

See full Education pay data for Indiana
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