Institute for Quality Education Inc

INDIANAPOLIS, IN EIN: 35-1836687 Website

THE ORGANIZATION PROVIDES TUITION ASSISTANCE TO LOW-INCOME STUDENTS, SERVES AS A MODEL FOR RESEARCH AND LEGISLATION, AND ENCOURAGES ALL SCHOOLS TO IMPROVE BY INTRODUCING COMPETITION INTO THE SYSTEM. THE ORGANIZATION CONDUCTS RESEARCH AND ANALYSIS ABOUT THE PRIMARY (K-12) EDUCATIONAL SYSTEM IN INDIANA INCLUDING BUT NOT LIMITED TO SCHOOL CHOICE AS IT EXISTS IN MANY FORMS THROUGHOUT THE UNITED STATES AND ELSEWHERE; AND EDUCATES THE GENERAL PUBLIC AND, IN PARTICULAR, INDIANA RESIDENTS ABOUT THE PRIMARY (K-12) EDUCATIONAL SYSTEM IN INDIANA AND THEIR EDUCATIONAL OPTIONS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$19.2M

+28.3% YoY

Annual Giving

$9.3M

Grant Count

108

Avg Grant Size

$87K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$18M201920202021202220232024
Metric202420232022
Total Assets$19,175,308$14,940,461$13,566,646
Revenue$16,377,935$14,528,950$14,892,886
Expenses$12,271,438$13,392,508$13,517,083
Qualifying Distributions
Net Investment Income$45,252
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$5M$8M$11M148 grants2019119 grants2020113 grants2021160 grants20220 grants2023108 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PROVIDENCE CRISTO REY HI…$2.0MCATHEDRAL HIGH SCHOOL TO…$634KBISHOP CHATARD HIGH SCHO…$498KSAINT THEODORE GUERIN CA…$455KSOUTH BEND HEBREW DAY SC…$440KSCECINA MEMORIAL HIGH SC…$429KEMAN SCHOOL TOTAL$340KHASTEN HEBREW ACADEMY TO…$302KRONCALLI HIGH SCHOOL TOTAL$257KLAFAYETTE CATHOLIC SCHOO…$239K

Grant Size Distribution

648 grants across all recorded years

468<$50K79$50–100K57$100–250K27$250–500K11$500K–1M6$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Institute for Quality Education Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BETSY WILEYPRESIDENT$156K

From 2024 filing

NameTitleHoursCompensation
AL HUBBARDCHAIRMAN1
DAN ELSENERBOARD MEMBER1
ROBERT ENLOWBOARD MEMBER1
HEATHER WILLEY HARRISBOARD MEMBER1
NEIL PICKETTBOARD MEMBER1
JEFF KNIGHTBOARD MEMBER1
SCOTT BESSBOARD MEMBER1
BETSY WILEYPRESIDENT24$156,163

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AlexandriaAndersonAuroraAvonBatesvilleBedfordBeech GroveBloomingtonBrookvilleBrownsburgCarmelChestertonClarksvilleColumbia CityColumbusConnersvilleCorydonCrown PointDemotteDyer

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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