Indianapolis Foundation Inc

Organization Overview

Indianapolis Foundation Inc is located in Indianapolis, IN. The organization was established in 2013. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Indianapolis Foundation Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indianapolis 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 12/2020, Indianapolis Foundation Inc generated $43.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $23.7m during the year ending 12/2020. While expenses have increased by 4.8% per year over the past 6 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, Indianapolis Foundation Inc has awarded 2,267 individual grants totaling $128,977,901. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO MOBILIZE PEOPLE, IDEAS, AND INV. TO MAKE THIS A COMMUNITY WHERE ALL IND HAVE EQUITABLE OPP TO REACH THEIR FULL POTENTIAL - NO MATTER PLACE, RACE OR IDENTITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$23,200,061
Investment income $2,636,933
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $17,743,623
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,731,535

Grants Awarded

Over the last fiscal year, Indianapolis Foundation Inc has awarded $22,908,346 in support to 368 organizations.

Grant RecipientAmount

ESKENAZI HEALTH FOUNDATION

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: 2021 Authorized Special Distribution

$2,742,615

MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: MS Gift PM The Ursa Minor Fund

$1,645,943

THE INDIANAPOLIS PUBLIC LIBRARY FND

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: 2021 Distribution

$1,209,429

HORIZON HOUSE INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: To Be Used at the Organization's Discretion

$784,950

CENTRAL INDIANA LAND TRUST INC

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: To Be Used at the Organization's Discretion

$780,000

CENTRAL INDIANA COMMUNITY FOUNDATION

Org PageRecipient Profile

Indianapolis, IN

PURPOSE: To Be Used at the Organization's Discretion

$652,775
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Indianapolis Foundation Inc has recieved totaling $17,157.

Awarding OrganizationAmount
Meyer S Efroymson Tr

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$17,157
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$255,644,274
Earnings$13,974,509
Admin Expense$2,687,289
Grants$10,615,327
Ending Balance$256,316,167

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