Indiana Philanthropy Alliance Foundation Inc
- Assets
- $2.1m
- Revenue
- $804.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 10/1992
- Data as of
- 12/2021
- EIN
- 35-1868240
Organization Overview
Indiana Philanthropy Alliance Foundation Inc is located in Indianapolis, IN. The organization was established in 1992. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Indiana Philanthropy Alliance Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Philanthropy Alliance 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, Indiana Philanthropy Alliance Foundation Inc generated $804.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Indiana Philanthropy Alliance Foundation Inc has awarded 240 individual grants totaling $2,293,558. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS THE INDIANA PHILANTHROPY ALLIANCE, INC. AND ITS MEMBER COMMUNITY FOUNDATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFT TECHNICAL ASSISTANCE PROGRAM - PROVIDE TECHNICAL ASSISTANCE, TRAINING, MATERIALS AND RESOURCES TO THE MORE THAN 90 COMMUNITY FOUNDATIONS AND AFFILIATE FUNDS PARTICIPATING IN THE GIFT (GIVING INDIANA FUNDS FOR TOMORROW) INITIATIVE. IN 2021, THERE WERE APPROXIMATELY 796 PARTICIPANTS AT 20 WEBINARS/TRAININGS. THERE WERE 102 ATTENDEES AT 2 "BOOT CAMPS" - BASIC TRAINING FOR COMMUNITY FOUNDATION AND BOARD AND STAFF MEMBERS AND 223 TECHNICAL ASSISTANCE VISITS/CONSULTATIONS.
THE COMMUNITY FOUNDATION INTERNSHIPS PROGRAM PROVIDES INDIANA COMMUNITY FOUNDATIONS, PARTICIPATING IN THE GIFT PROGRAM, GRANT DOLLARS TO HIRE COLLEGE STUDENTS ATTENDING AN ACCREDITED COLLEGE OR UNIVERSITY IN INDIANA. THE PURPOSE OF THE PROGRAM IS TO PROVIDE OPERATIONAL SUPPORT FOR THE COMMUNITY FOUNDATIONS WHILE PROVIDING REAL-LIFE WORK EXPERIENCES FOR THE INTERNS. THE INTERNS' EXPERIENCES ENRICHES THEIR EDUCATIONAL AND PERSONAL DEVELOPMENT IN ADDITION TO INCREASING THEIR AWARENESS OF THE IMPORTANT ROLES COMMUNITY FOUNDATION AND PHILANTHROPY PLAY IN A COMMUNITY'S QUALITY OF LIFE. IN 2021, THERE WERE 42 COMMUNITY FOUNDATIONS AND AFFILIATES THAT PROVIDED 92 COLLEGE INTERNSHIP OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Haacker Director Of Gift Program/vp | 40 | $124,327 | |
Claudia Cummings President/ceo | Officer | 6 | $26,864 |
Stephanie Overbey Secretary | OfficerTrustee | 1 | $0 |
Cheryl Taylor Vice Chair | OfficerTrustee | 1 | $0 |
Charles Dunlap Treasurer | OfficerTrustee | 1 | $0 |
Richard Haddad Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $775,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $775,500 |
| Total Program Service Revenue | $28,518 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $804,018 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $294,252 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $33,321 |
| Compensation of current officers, directors, key employees. | $33,321 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $306,661 |
| Pension plan accruals and contributions | $28,666 |
| Other employee benefits | $30,364 |
| Payroll taxes | $24,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $209 |
| Fees for services: Accounting | $62,828 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $92,792 |
| Advertising and promotion | $8,976 |
| Office expenses | $20,356 |
| Information technology | $31,373 |
| Royalties | $0 |
| Occupancy | $30,531 |
| Travel | $9,630 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,688 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $17,449 |
| Total functional expenses | $1,022,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,133 |
| Savings and temporary cash investments | $2,001,097 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,066,230 |
| Accounts payable and accrued expenses | $7,648 |
| Grants payable | $0 |
| Deferred revenue | $600 |
| 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 | $0 |
| Total liabilities | $8,248 |
| Net assets without donor restrictions | $324,442 |
| Net assets with donor restrictions | $1,733,540 |
| 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 | $2,066,230 |
Grants Awarded
Over the last fiscal year, Indiana Philanthropy Alliance Foundation Inc has awarded $256,051 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Terre Haute, IN PURPOSE: Intern Program | $21,643 |
Auburn, IN PURPOSE: Intern Program | $13,986 |
Rensselaer, IN PURPOSE: Intern Program | $10,642 |
Batesville, IN PURPOSE: Intern Program | $9,959 |
Fowler, IN PURPOSE: Intern Program | $9,758 |
Shelbyville, IN PURPOSE: Intern Program | $9,477 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Indiana Philanthropy Alliance Foundation Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Elkhart County Inc Elkhart, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Forefront Chicago, IL | $3,633,661 | $8,901,727 |
Holl Trust B Presbyterian Home Milwaukee, WI | $34,163,292 | $4,097,383 |
Shoppinggives Foundation Chicago, IL | $463,970 | $1,669,819 |
Coca Qalicb Inc Saint Louis, MO | $31,981,162 | $1,980,360 |
National Association Of Charitable Gift Planners Inc Indianapolis, IN | $1,287,608 | $1,242,754 |
Indiana Philanthropy Alliance Inc Indianapolis, IN | $2,099,351 | $1,191,041 |
Indiana Philanthropy Alliance Foundation Inc Indianapolis, IN | $2,066,230 | $804,018 |
Nonprofit Connect Network Learn Grow Kansas City, MO | $2,501,951 | $1,465,132 |
Wisconsin Philanthropy Network Inc Milwaukee, WI | $894,082 | $720,344 |
Richard G Moench Charitable Tr Peter J Sacopulos Ttee Terre Haute, IN | $9,912,661 | $1,644,844 |
Love Thy Neighborhood Louisville, KY | $166,413 | $547,792 |
Geevarghese Family Charitable Foundation Louisville, KY | $0 | $55,830 |