PHP Foundation Inc is a private 501(c)(3) foundation based in Fort Wayne, Indiana. Established in 2006, the organization operates as a grantmaking foundation focused on supporting nonprofit organizations that improve health and wellness outcomes for vulnerable populations in Northeast Indiana.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48.7M
+1552.9% YoY
Annual Giving
$550K
+9.9% YoY
Grant Count
23
-8.0% YoY
Avg Grant Size
$24K
+19.4% YoY
Mission & Focus Areas
The PHP Foundation supports nonprofit organizations working to improve the health and wellness of low-income, high-risk individuals across Northeast Indiana. The foundation defines low income as 80% of the Indiana median income per the Healthy Indiana Plan (HIP), which equates to $48,000 for a single person and $64,000 for a family of four.
The foundation serves the following counties: Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells, and Whitley.
Grantmaking
The PHP Foundation offers three grant programs:
Review Cycle
**
Grant Types
Ready to take the next step with Php Foundation Inc?
Geographic Focus
Where this funder awards grants
The PHP Foundation funds nonprofit organizations in Northeast Indiana, specifically in the following counties: Adams, Allen, DeKalb, Huntington, Kosciusko, LaGrange, Noble, Steuben, Wabash, Wells, and Whitley.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $48.7 million
- Total Revenues: $46.4 million
- Total Expenses: $636,220
- Total Giving: $550,000
As of December 2025:
- Total Assets: $51.8 million
- Total Revenues: $3.99 million
- Total Expenses: $852,000
- Total Liabilities: $0
The foundation has no employees and is governed by 6 officers and trustees.
Historical Context:
- Tax-exempt status granted: June 2006
- Total assets grew from $1.9 million in 2011 to $2.9 million in 2023
- Annual giving has ranged from $501,000 in 2023 to $700,000 in 2020
- Highest grantmaking activity occurred in 2022 with $1.1 million distributed across 48 grants
- The foundation has supported 30 unique organizations over its history
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,668,716 | $2,944,378 | $2,991,795 |
| Revenue | $46,357,307 | $505,095 | $135,657 |
| Expenses | $636,220 | $552,512 | $587,970 |
| Qualifying Distributions | $624,514 | $542,219 | $567,826 |
| Net Investment Income | $431,571 | $80,616 | $125,071 |
| Distributable Amount | $482,178 | $192,264 | $193,861 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
114 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Gary Shearer is identified as the principal officer of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GAIL M DORAN | DIRECTOR | 1 | — |
| GARY SHEARER | DIRECTOR | 1 | — |
| MICHELLE KEARNS | DIRECTOR | 1 | — |
| JAMES C WEHRENBERG | CHAIRMAN | 1 | — |
| FMB PRIVATE WEALTH INVESTORS | TRUSTEE | 1 | $23,411 |
| TYLER S SIPE | SECRETARY/TREASURER | 1 | — |
| TIM DIRIG | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Lupke Foundation Inc Agency
FORT WAYNE, IN
Assets
$1.4M
Grants
22
Total Given
$76K
Harold Ellison Tuw for Jones Cemetery 002189
MUNCIE, IN
Assets
$442K
Grants
1
Total Given
$9K
John Carroll Club of South Bend Inc
SOUTH BEND, IN
Assets
—
Grants
1
Total Given
$220K
Buchanan-clements Foundation Inc
COLUMBUS, IN
Assets
$261K
Grants
3
Total Given
$16K
Harold Ellison Scholarship Fund 002188
MUNCIE, IN
Assets
$1.1M
Grants
1
Total Given
$62K
Alatash Foundation Inc
DYER, IN
Assets
$15K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Php Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities