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Filing year 2024

The Institute for Innovation Inc

South Bend, Indiana·EIN 46-3754907·NTEE U05 · Science & Technology·501(c)(3)
Total revenue
$153
Total assets
$0
Total expenses
$260k
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. The Institute for Innovation Inc reported 5 unpaid officers and board members on its 990-PF.

Secretary
Treasurer
Director,executive Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$254k

Itemized grants

5

Median grant

$25k

RecipientLocationPurposeAmount
Altamed Health ServicesLos Angeles, CAHealthcare services$100k
Massachusetts General HospitalBoston, MASupport ALS research programs of The Healey Center$99k
Team Impact IncQuincy, MAConnect children facing serious or chronic illnesses with college athletic teams$25k
Palm Beach Navy SEAL Evening of Tribute IncPalm Beach, FLSupport for Navy SEAL organizations$25k
Methodist Health System FoundationDallas, TXSupport the exempt purpose and charitable activities of the Methodist Health System$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Institute for Innovation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$125k
$80k
2023
$153
$260k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Science & Technology executives earn

The Institute for Innovation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable science & technology organization nationwide earns a median of $127,487.

25th percentile
$50k
Median
$127,487
75th percentile
$250k
90th percentile
$501k

These are science & technology sector-wide figures, not this organization's reported pay. Based on 1,079 organizations across 1,079 filings (2020 – 2024).

See full Science & Technology compensation data
FAQ

Common questions about The Institute for Innovation Inc

What are The Institute for Innovation Inc's revenue and expenses?

In 2024, The Institute for Innovation Inc reported $153 in total revenue and $260k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.