EIN 20-4560286

The Mind Trust

IRS 501(c) type
501(c)(3)
Num. employees
39
State
Year formed
2006
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Mind Trust was founded to provide every Indianapolis student, regardless or income or background, with access to a high-quality public education. Since 2006, The Mind Trust has impacted more than 132,000 Indianapolis public school students.
Related structure
The Mind Trust is a subordinate organization under University of Indianapolis (UIndy).
Total revenues
$29,881,369
2023
Total expenses
$21,711,220
2023
Total assets
$26,440,445
2023
Num. employees
39
2023

Program areas at The Mind Trust

The Mind Trust achieves its goals by executing on work in four areas: great schools: The Mind Trust launches new high-quality, autonomous schools with The conditions for success and support existing schools to reach and sustain success. The Mind Trust supports, retains, and attracts talented educators who share The racial and/or socioeconmic background of indianapolis' students. Engaging community: The Mind Trust works to amplify The voices of neighborhoods and communities to lead and adovacate for education change. The Mind Trust establishes partnerships to address barriers that make it harder for children to learn and increase their econmic mobility. Racial equity: The Mind Trust pursues racial equity within education through its policies and programs. The Mind Trust seeks to elevate leaders who share indianapolis students' racial and socioeconomic backgrouds, and The Mind Trust amplifies marginalized voices. Thriving ecosystem: The Mind Trust works to maintain and strengthen The conditions for student success through policy and advocacy, effective system-level solutions, and collaboration within The education. The Mind Trust is a funding intermediary and local champion for entrepreneurial education ventures in indianapolis.
The Mind Trust supports indianapolis partners to improve The city's education ecosystem and national partners in The development of other city proof points for education transformation. The Mind Trust engaged in several projects in The 2022-23 fiscal year to support our indianapolis partners in improving The education ecosystem and student outcomes in indianapolis and our national partner in The development of proof points in other geographies.

Grants made by The Mind Trust

GranteeGrant descriptionAmount
Teach for America (TFA)See Attached$1,075,000
Adelante SchoolsSee Attached$710,000
Believe SchoolsSee Attached$558,325
...and 39 more grants made totalling $7,837,488

Who funds The Mind Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
City FundTo Support Grantee's Communications Capacity, Stakeholder Engagement, and Storytelling in Indianapolis$11,339,000
National Philanthropic TrustHuman Services$5,525,000
Bloomberg PhilanthropiesTo Improve Outcomes for K-12 Students in the U.s.$4,305,000
...and 18 more grants received totalling $24,614,349

Personnel at The Mind Trust

NameTitleCompensation
Brandon BrownChief Executive Officer$329,925
Corrie LappSenior Vice President of Finance$167,872
Lauren RushSenior Vice President of Administration and Alignment / Senior Vice President Administration and Alignmen / Senior Vice President Strategic Alignm / Senior Vice President of Strategic Alignment and Operations / Senior Vice President of Operations / Director of Development and Strategic Partnerships$156,194
Kristin GrimmeSenior Vice President Strategy$153,689
Kelli MarshallSenior Vice President of Schoo$162,161
...and 5 more key personnel

Financials for The Mind Trust

RevenuesFYE 06/2023
Total grants, contributions, etc.$25,817,862
Program services$3,172,176
Investment income and dividends$678,358
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$212,973
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$29,881,369

Form 990s for The Mind Trust

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-21990View PDF
2022-062022-12-07990View PDF
2021-062021-11-22990View PDF
2020-062021-04-05990View PDF
2019-062021-03-03990View PDF
...and 10 more Form 990s

Organizations like The Mind Trust

OrganizationLocationRevenue
The Commit PartnershipDallas, TX$37,604,777
America AchievesNew York, NY$10,611,210
Washington STEMSeattle, WA$13,456,695
50canWashington, DC$37,090,533
Great MindsWashington, DC$42,838,571
Chiefs for ChangeWashington, DC$24,294,635
A Plus Education PartnershipMontgomery, AL$12,749,135
Oklahoma Public School Resource CenterOklahoma City, OK$8,753,144
Complete College America (CCA)Indianapolis, IN$12,387,460
Effective Ventures Foundation USASan Francisco, CA$74,969,377
Data update history
September 21, 2024
Received grants
Identified 7 new grant, including a grant for $11,339,000 from City Fund
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Used new vendors
Identified 4 new vendors, including , , , and
May 18, 2024
Received grants
Identified 8 new grant, including a grant for $4,305,000 from Bloomberg Philanthropies
December 23, 2023
Received grants
Identified 20 new grant, including a grant for $3,075,000 from Lilly Endowment
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsSchoolsEducational service providersChapter / child organizationsCharities
Issues
EducationPublic policy
Characteristics
Provides grantsLobbyingState / local levelTax deductible donationsAccepts online donations
General information
Address
1630 N Meridian St Suite 450
Indianapolis, IN 46202
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
themindtrust.org/ 
Phone
(317) 822-8102
Facebook page
TheMindTrust 
Twitter profile
@themindtrust 
IRS details
EIN
20-4560286
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B90: Educational Services
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Subordinate organization
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