EIN 20-1161578

Sagamore Institute

IRS 501(c) type
501(c)(3)
Num. employees
56
State
Year formed
2005
Most recent tax filings
2023-12-01
Description
Sagamore Institute is a nonpartisan think tank in Indianapolis dedicated to policy research, education reform, and skills building for social entrepreneurs.
Total revenues
$16,762,794
2023
Total expenses
$13,902,629
2023
Total assets
$15,774,857
2023
Num. employees
56
2023

Program areas at Sagamore Institute

Education the educational opportunities program serves the j1 visa program, which issues visas and monitors highly-qualified international teachers who come to the usa to teach. It also operates scholarships for education choice, an Indiana scholarship granting organization which grants scholarships so that students can attend the school of their choice. To raise the funds necessary to award the scholarships, the organization is able to offer individual and business donors a state tax credit equal to fifty percent (50%) of the amount donated. Since the program's beginning at the organization, the academic years of operations july 2011 june 2024, "scholarships for education choice" awarded approximately $50 million to over 9,000 Indiana students. The administrative fee income vs. Scholarship income percentage was 6.51% and 4.65 % in 2023 and 2022, respectively. The organization meets the statutory requirements as stated in ic 20-51-3-3 sec 3(3) and does not use more than ten percent of the total amount of scholarship contributions for administrative costs.
Criminal justice reform - the organization's criminal justice reform portfolio aims to help rescue and restore those hurt by crime and those whose criminal behavior hurts themselves and society. The organization is advancing new ideas for criminal justice policy reform and ground-breaking innovations. A key initiative is one heart, a national collaborative initiative that provides mentors, education and training programs, and ancillary elements to incarcerated and probated youth, to equip them with the necessary tools and life skills.
Community development - the organization's citizenship portfolio engages citizens, scholars, and politicians to develop communities where all people can thrive. Many of the initiatives have a focus on capacity-building for community-based organizations.
Policy reform - the organization is host to several policy reform programs which focus on state program innovations that favor healthy families, work, economic sustainability, budget responsibility, etc. There is also a concentration on policy reform regarding education choice.
Minority entreprenurship - the minority entrepreneurship program at the organization partners with the minority entreprenurship Institute, innopwer, cohatch, and other, to help close the wealth gap in america by accelerating high-growth entrepreneurship, small business support, and impact investing.
Purposeful design - purposeful design sells furniture crafted by program participants and any profits are re-invested into the program to help rebuild lives of individuals broken by addiction or homelessness, equip them with valuable work and life skills, and provide them a job building furniture. Purposeful design is a wholly owned subsidiary of the organization.
International development - the organization has scholar-practitioners that seek to deliver wise counsel to a world in progress. Specifically in liberia, israel, india, and rwanda are various initiatives that work toward encouraging community prosperity and flourishing.
Other programs - these expenditures relate to impact investing through donor advised funds, other smaller projects, and general and administrative salaries that relate to program management but are not allocated to specific programs.

Grants made by Sagamore Institute

GranteeGrant descriptionAmount
India CollectivePayroll Grants$56,000
At Work on PurposeGrants$24,000
Commonwealth Impact FoundationGrants$19,237
...and 1 more grant made

Who funds Sagamore Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Christian Foundation / Natl Christian Charitable FDN IncCulture$2,048,219
Lilly EndowmentThriving Congregations Initiative$1,250,000
Lynde and Harry Bradley FoundationTo Support the Secretaries' Innovation Group$325,000
...and 23 more grants received totalling $5,086,669

Personnel at Sagamore Institute

NameTitleCompensation
Jay HeinChief Executive Officer$239,730
Rich WestlakeChief Financial Officer$84,365
Rob PanosChief of Staff$67,789
Laurel VandenbergDirector | Educational Opportunities$100,947
Rachel HouckOperations Manager | Educational Opportunities
...and 16 more key personnel

Financials for Sagamore Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$14,294,843
Program services$1,037,731
Investment income and dividends$350,206
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$1,071,412
Miscellaneous revenues$8,602
Total revenues$16,762,794

Form 990s for Sagamore Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-24990View PDF
2022-122023-09-12990View PDF
2021-122022-09-08990View PDF
2020-122021-11-01990View PDF
2019-122021-04-01990View PDF
...and 10 more Form 990s
Data update history
November 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 6, 2024
Updated personnel
Identified 2 new personnel
October 23, 2024
Used new vendors
Identified 2 new vendors, including , and
October 18, 2024
Updated personnel
Identified 6 new personnel
August 25, 2024
Received grants
Identified 7 new grant, including a grant for $1,250,000 from Lilly Endowment
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsPublic sector nonprofitsCharities
Issues
EducationPublic policyCriminal justice
Characteristics
Political advocacyOperates donor advised fundsProvides grantsState / local levelProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
PO Box 301076
Indianapolis, IN 46230
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
sagamoreinstitute.org/ 
Phone
(317) 472-2050
Twitter profile
@sagamoreinst 
IRS details
EIN
20-1161578
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W05: Public and Societal Benefit Research Institutes and Public Policy Analysis
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0280182
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-20
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