Skip to the page content
Passes our checks

Grant-Hamill Foundation Inc

EIN 35-0995364 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood84 out of 100GovernanceGood71 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SUPPORT AND SUPERVISION OF INDIANA DEMOLAY CHAPTERS AND STATEWIDE ACTIVITIES OF YOUTH FRATERNAL ORGANIZATIONS.

Income
$178,070
Spending
$191,219
Spent on programs
86%
Reserves
64.5 months of spending
Largest source of income
investment income, 44%
Employees
0
Volunteers
180
Highest pay
$36,996, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 84 out of 100. Higher than 58% of charities in its peer group (philanthropy, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 64.5 months of spending.

  • Debt

    20 of 20

    It owes 7% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 7% of income.

  • Income trend

    10 of 15

    Income fell 8% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 71 out of 100. Higher than 62% of charities in its peer group (philanthropy, under $250k).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $123,634 spent. THE CONCLAVE IS A FOUR-DAY, THREE-NIGHT EVENT HELD ON THE CAMPUS OF AN INDIANA COLLEGE OR UNIVERSITY. WE HAVE A VARIETY OF EVENTS TAKING PLACE OVER THE LONG WEEKEND INCLUDING A BUSINESS MEETING, ELECTION OF STATE LEADERS, BANQUET, AWARDS AND HONORS BEING ANNOUNCED AND PRESENTED, ALONG WITH VARIOUS ATHLETIC COMPETITIONS AND GAMES FOR THE MEMBERS. IN 2024, 38 ADULTS AND 58 YOUTH ATTENDED.
  2. $40,687 spent. OTHER EVENTS INCLUDING SWEETHEART DANCE; STATE RITUAL TOURNAMENT; BROOMBALL, BASKETBALL AND BILLIARDS TOURNAMENTS; STATE CONGRESS; AND OTHER EVENTS. 2024 ATTENDANCE WAS 116 ADULTS AND 294 YOUTH. GRANT-HAMILL FOUNDATION HOSTED THE HEARTLAND RITUAL TOURNAMENT IN 2024 WITH 34 ADULT AND 90 YOUTH ATTENDEES.
  3. OTHER RITUALS, CAMPS AND EVENTS; STATE CHAPTER AND OFFICER DEVELOPMENT

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Worth knowing.

    Status was revoked on May 15, 2020 for not filing returns for three years. The IRS now lists it as tax-exempt again.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1959.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.