Central Indiana Community Foundation Inc
- Assets
- $548.1m
- Revenue
- $56.2m
- Investments
- $169.5m
- Employees
- 23
- Location
- Indianapolis, IN
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 35-1793680
Organization Overview
Central Indiana Community Foundation Inc is located in Indianapolis, IN. The organization was established in 1990. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Central Indiana Community Foundation Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Indiana Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Central Indiana Community Foundation Inc generated $56.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $51.1m during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Central Indiana Community Foundation Inc has awarded 3,312 individual grants totaling $243,134,890. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CICF IS A CATALYST FOR PROGRESS, AND A SUPPORTER OF VISIONARY IDEAS WITH THE POWER TO IMPROVE OUR COMMUNITY AND THE LIVES OF ITS RESIDENTS.
Describe the Organization's Program Activity:
WE HELP PEOPLE INVEST IN THE CAUSES THAT MATTER MOST TO THEM.
WE AWARD GRANTS TO EFFECTIVE NOT-FOR-PROFIT ORGANIZATIONS.
WE PROVIDE LEADERSHIP TO MAKE CENTRAL INDIANA A BETTER, MORE BEAUTIFUL, MORE EQUITABLE COMMUNITY.
OPERATING SUPPORT INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian E Payne President And CEO | Officer | 17 | $193,909 |
Jennifer Pope Baker Exec. Director Of Women's Fund | 40 | $147,496 | |
Jennifer K Bartenbach CFO And COO | Officer | 22 | $138,968 |
Robert A Macpherson VP Of Development | Officer | 22 | $98,771 |
Tamara Winfrey-Harris VP Of Community Leadership | Officer | 19 | $74,456 |
Jennifer Schrier Senior Director Of Finance | 22 | $66,375 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Envista Technology Solutions It Services | 12/30/21 | $158,135 |
Influence Sg Consulting Services | 12/30/21 | $273,544 |
Joanna Nixon Consulting | 12/30/21 | $120,000 |
Bkd Llp Accounting Services | 12/30/21 | $167,755 |
Rdg Strategies Llc Consulting Services | 12/30/21 | $156,102 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,737,775 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,378,743 |
| Noncash contributions included in lines 1a–1f | $3,577,368 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,116,518 |
| Total Program Service Revenue | $499,292 |
| Investment income | $5,553,148 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,006,060 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,175,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $43,094,409 |
| Grants and other assistance to domestic individuals. | $1,031,375 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $617,590 |
| Compensation of current officers, directors, key employees. | $185,277 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,651,404 |
| Pension plan accruals and contributions | $304,464 |
| Other employee benefits | $265,596 |
| Payroll taxes | $163,286 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,064 |
| Fees for services: Accounting | $63,588 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,969,446 |
| Fees for services: Other | $78,499 |
| Advertising and promotion | $58,751 |
| Office expenses | $48,184 |
| Information technology | $202,694 |
| Royalties | $0 |
| Occupancy | $465,324 |
| Travel | $3,676 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,660 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $630,120 |
| Insurance | $56,866 |
| All other expenses | $0 |
| Total functional expenses | $51,142,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,779,943 |
| Pledges and grants receivable | $4,411,495 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,870,691 |
| Investments—publicly traded securities | $311,799,324 |
| Investments—other securities | $169,513,054 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,735,469 |
| Total assets | $548,109,976 |
| Accounts payable and accrued expenses | $3,174,593 |
| Grants payable | $8,482,709 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,847,180 |
| Total liabilities | $14,504,482 |
| Net assets without donor restrictions | $511,298,123 |
| Net assets with donor restrictions | $22,307,371 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $548,109,976 |
Grants Awarded
Over the last fiscal year, Central Indiana Community Foundation Inc has awarded $41,650,583 in support to 502 organizations.
| Grant Recipient | Amount |
|---|---|
Carmel, IN PURPOSE: To Be Used at the Organization's Discretion | $4,978,806 |
Indianapolis, IN PURPOSE: 2021 distribution | $4,096,981 |
New Castle, IN PURPOSE: Scholarship Transfer | $1,146,683 |
Indianapolis, IN PURPOSE: Kicking the Stigma Initiative | $1,000,000 |
Indianapolis, IN PURPOSE: Garatoni South Bend/Elkhart gift | $883,783 |
Chicago, IL PURPOSE: General operating and capacity building | $825,000 |
Grants Recieved
Over the last fiscal year, we have identified 45 grants that Central Indiana Community Foundation Inc has recieved totaling $21,406,584.
| Awarding Organization | Amount |
|---|---|
Herbert Simon Family Foundation Indianapolis, IN PURPOSE: MAKING GRANTS TO CHARITABLE ORGANIZATIONS | $10,163,091 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: ENHANCING OPPORTUNITY IN INDPLS INIT | $4,963,200 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: ENHANCING OPPORTUNITY IN INDPLS INIT | $2,350,000 |
R P Dellen Charitable Foundation Inc Indianapolis, IN PURPOSE: CHARITABLE | $708,653 |
Indianapolis Foundation Inc Indianapolis, IN PURPOSE: To Be Used at the Organization's Discretion | $652,775 |
Herbert Simon Family Foundation Indianapolis, IN PURPOSE: ROOTS TO READ | $506,512 |
Endowment Analysis
| Beg. Balance | $248,899,831 |
| Earnings | $36,463,189 |
| Admin Expense | $1,286,863 |
| Net Contributions | $1,092,405 |
| Grants | $5,358,162 |
| Ending Balance | $279,810,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Louis Community Foundation Incorporated St Louis, MO | $436,956,368 | $124,413,038 |
Mount Sinai Community Foundation Chicago, IL | $11,409,546 | $72,991,931 |
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Central Indiana Community Foundation Inc Indianapolis, IN | $548,109,976 | $56,175,018 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
The Community Foundation Of Louisville Inc Louisville, KY | $675,486,716 | $70,628,491 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Community Foundation Of The Ozarks Inc Springfield, MO | $393,798,423 | $57,110,719 |
Community Foundation Of Elkhart County Inc Elkhart, IN | $418,149,768 | $41,619,440 |