Transformation Trust INC

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501(c)(3) charity; gifts are tax-deductible.
$97K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: 990-PF Part VIII

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $635K a year · 66% of revenue · last 5 filings
A surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$97K
to officers and key staff · 6% of spending
Pay to officers and key staff is 6% of spending.
990-PF Part VIII
19.8 mo
of spending, in cash
19.8 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
990-PF Pt II · Ln 23
Revenue
$1.1M
+14% vs prior year
Spent
$1.5M
Net assets
$21.9M
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$600K
FY2021$1.3M
FY2022$806K
FY2023$986K
FY2024$1.1M
Expenses
$1.5M
FY2024-0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$1.5M
FY2022$1.2M
FY2023$1.5M
FY2024$1.5M
Net assets
$21.9M
FY2024▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$23.5M
FY2021$23.2M
FY2022$22.8M
FY2023$22.3M
FY2024$21.9M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 79% · $1.2M Operating & administrative 21% · $314K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990-PF; $97K paid to officers and key staff (990-PF Part VIII).

990-PF Part VIII · reportable compensation
Board Member
$75,000990-PF Pt VIII
Board Member
$22,000990-PF Pt VIII
Board Member
$0990-PF Pt VIII
See Transformation Trust INC executive salaries →

Programs and updates

A private foundation based in Indianapolis, IN.

Questions for Transformation Trust INC

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 13 grants · $1.2M · 2024–2024
Institute of HeartmathCA · FY2024$256,000
Institute of Bioenergetics INCFL · FY2024$200,000
Give to Give FoundationNY · FY2024$136,000
Institute of Natural Law INCFY2024$100,000
Indiana State Symphony Society INC DBA Indianapolis Symphony OrchestraFY2024$100,000
500 Festival Foundation INCIN · FY2024$40,000
Y12 INCIN · FY2024$25,000
Indianapolis Art Center INCIN · FY2024$20,000
Positive Action Community Theatre (pact)FY2024$15,000
Give to Give FoundationNY · FY2024$15,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV8
Average grantPart XV$93K
Median grantPart XV$70K
Largest grantPart XV$256K
Top cause focusNTEEHuman Services (15%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$1.1M
Investment income$1.1M
Other income$30K
Money out
$1.5M
Grants paid$1.2M
Running costs$314K
Owns and owes
$21.9M
net assets
Cash and savings$2.5M
Total assets$21.9M
Liabilities$0
People
3
listed
Paid2
2In more detail
Revenue in detail
Investment income$1.1M
Other income$30K
Total revenue$1.1M
Assets in detailEnd of year
Cash and savings together$2.5M
Total assets$21.9M
Liabilities$0
Net assets$21.9M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 $1.1M$1.5M−$395K$21.9M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $986K$1.5M−$539K$22.3M 990 PDF
FY2022Filed with the IRS Oct 3, 2023 $806K$1.2M−$365K$22.8M 990 PDF
FY2021Filed with the IRS Oct 12, 2022 $1.3M$1.5M−$273K$23.2M 990 PDF
FY2020Filed with the IRS Nov 11, 2021 $600K$2.2M−$1.6M$23.5M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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