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Independent Colleges of Indiana Inc at a glanceMostly funded, not a grantmaker: see who funds it →

· Public charity

Independent Colleges of Indiana Inc

The Independent Colleges of Indiana (ICI) advances and strengthens the competitive standing of its 29 member independent, nonprofit, regionally accredited, degree granting colleges and universities.

$23M
Granted FY2025still arriving
76
Grants FY2025still arriving
1
States reached
$160k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

Read this first · the figures below need context

89% of Independent Colleges of Indiana Inc’s FY2025 grant dollars went to Central Indiana Community Foundation Inc, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2025 names 10 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

6
’17
5
’18
5
’19
7
’20
6
’21
5
’22
5
’23
13
’24
10
’25

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Philanthropy$8.8MEducation$200kArts & Culture$116kCommunity Improvement$111k
02FY2025 · 76 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 76 grants below total $1,570,000, the rows itemized in this filing. The $23,043,593 headline is the total grant expense on the return; the other $21,473,593 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • $10k–50k72 grants · $1.2M
  • $50k–250k4 grants · $390k
$10,000
Median grant
1
States reached
$100M
Total assets
Largest grants
RecipientAmount
Central Indiana Community Foundation$160,000
Community Foundation Alliance$120,000
Legacy Foundation Inc$60,000
Community Foundation of Greater Fort Wayne$50,000
Wabash Valley Community Foundation Inc$40,000
Community Foundation of Southern Indiana Inc$40,000
Community Foundation of Howard County$40,000
Community Foundation of Greater Lafayette$40,000
Community Foundation of St Joseph County Inc$40,000
Community Foundation of Elkhart County$30,000
Johnson County Community Foundation Inc$30,000
Northern Indiana Community Foundation Inc$30,000
Porter County Community Foundation$30,000
Hendricks County Community Foundation Inc$30,000
INDIANA INSTITUTE OF TECHNOLOGY$25,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–25) land where the poverty rate runs at 13%, against an area that typically sits at 11%. 73% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%Hendricks County Community Foundation Inc: $30k → 5%Johnson County Community Foundation Inc: $30k → 8%Porter County Community Foundation: $30k → 9%Community Foundation of Southern Indiana Inc: $40k → 10%COMMUNITY FOUNDATION OF WABASH COUNTY: $26k → 12%Community Foundation of St Joseph County Inc: $40k → 13%Northern Indiana Community Foundation Inc: $30k → 14%Legacy Foundation Inc: $60k → 15%Community Foundation of Howard County: $40k → 15%Community Foundation Alliance: $120k → 15%Central Indiana Community Foundation: $160k → 16%Wabash Valley Community Foundation Inc: $40k → 19%Community Foundation of Greater Lafayette: $40k → 19%COMMUNITY FDN OF SOUTHERN INDIANA INC: $26k → 10%COMMUNITY FOUNDATION OF WABASH COUNTY: $26k → 12%COMMUNITY FDN OF ST JOSEPH COUNTY INC: $26k → 13%LEGACY FOUNDATION INC: $39k → 15%COMMUNITY FDN OF HOWARD COUNTY INC: $26k → 15%COMMUNITY FOUNDATION ALLIANCE: $78k → 15%CENTRAL INDIANA COMMUNITY FOUNDATION: $104k → 16%WABASH VALLEY COMMUNITY FOUNDATION: $26k → 19%Community Foundation of Greater Fort Wayne: $50k → 12%LEGACY FOUNDATION INC: $39k → 15%COMMUNITY FOUNDATION ALLIANCE: $78k → 15%CENTRAL INDIANA COMMUNITY FOUNDATION: $85k → 16%COMMUNITY FDN OF GREATER FT WAYNE: $33k → 12%LEGACY FOUNDATION INC: $39k → 15%COMMUNITY FOUNDATION ALLIANCE: $78k → 15%CENTRAL INDIANA COMMUNITY FOUNDATION: $85k → 16%COMMUNITY FDN OF GREATER FT WAYNE: $33k → 12%LEGACY FOUNDATION INC: $39k → 15%COMMUNITY FOUNDATION ALLIANCE: $78k → 15%CENTRAL INDIANA COMMUNITY FOUNDATION: $85k → 16%COMMUNITY FDN OF GREATER FT WAYNE: $33k → 12%LEGACY FOUNDATION INC: $39k → 15%COMMUNITY FOUNDATION ALLIANCE: $78k → 15%CENTRAL INDIANA COMMUNITY FOUNDATION: $85k → 16%COMMUNITY FDN OF GREATER FT WAYNE: $33k → 12%LEGACY FOUNDATION INC: $39k → 15%COMMUNITY FOUNDATION ALLIANCE: $78k → 15%CENTRAL INDIANA COMMUNITY FOUNDATION: $85k → 16%COMMUNITY FDN OF GREATER FT WAYNE: $33k → 12%LEGACY FOUNDATION INC: $39k → 15%COMMUNITY FOUNDATION ALLIANCE: $78k → 15%CENTRAL INDIANA COMMUNITY FOUNDATION: $85k → 16%COMMUNITY FDN OF GREATER FT WAYNE: $33k → 12%COMMUNITY FDN OF GREATER FT WAYNE: $33k → 12%INDIANA CPA SOCIETY INC: $116k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

62%of every dollar goes to organizations it has funded before.
$470k · 8 repeat orgs$284k to everyone else

Grantees it renews have grown median revenue +173% since the first grant, against +10% for those funded once.

8 repeat relationships: 7 still active in FY2025, 1 since wound down; 3 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

8
7

Total granted

$470k
$209k

Median revenue growth · since first grant

+173%
+10%

Still filing today

63%
71%

New vs renewed · share of each year

In FY2025, 58% of grant dollars renewed an existing relationship; $75k went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
EducationPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • HF
    HERITAGE FUND SUPPORTING FOUNDATION INC
    9× · 2017–2025 · $124k · revenue +3% · 91% of their budget
  • FC
    FAYETTE COUNTY FOUNDATION INC
    9× · 2017–2025 · $62k · revenue +275%
  • UC
    UNION COUNTY FOUNDATION INC
    9× · 2017–2025 · $62k · revenue +173%

Funded once

  • IC
    INDIANA CPA SOCIETY INC
    one grant, 2020 · $116k · revenue -17%
  • FC
    Franklin College of Indiana
    one grant, 2024 · $25k · revenue +5%
  • UO
    UNIVERSITY OF EVANSVILLE
    one grant, 2024 · $21k · revenue +10%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Community Foundation of Fayette County Pa

To build a stronger fayette county by inspiring charitable giving, supporting nonprofits, and nurturing positive community impact.

Philanthropy
2
The Indianapolis Foundation Inc

To mobilize people, ideas, and investments to make this a community where all individuals have equitable opportunity to reach their full potential - no matter place, race or identity.

Community Improvement
3
Greater Cedar Rapids Community Foundation

The greater cedar rapids community foundation (the community foundation) partners with donors, funders, and other community collaborators to achieve high-impact philanthropy, supports nonprofit organizations that address our community's…

Philanthropy
4
Our Community Foundation Inc

Meet the changing needs of our community by fostering a culture of local philanthropy and to provide support to public charitable organizations.

Philanthropy
5
Community Foundation of Lorain County

The community foundation responds to the changing needs of the community by making grants to local nonprofit organizations, awarding scholarships to help local students, working together with donors to build community endowment and…

Philanthropy
6
Community Foundation of Johnson County

Connecting communities who care with causes that matter to support sustainable change. to be the trusted leader of charitable giving; supporting donors, nonprofit organizations, and our communities.

Philanthropy
7
Jefferson Community Foundation

Jcf connects people, ideas, and resources to build a future of opportunity for all in jefferson county.

Philanthropy
8
Montgomery County Community Foundation

The mission of the Montgomery County Community Foundation (MCCF) is to provide leadership in Montgomery County by directing sustainable financial resources that strengthen our community and improve the quality of life for current and…

Philanthropy
9
Hamilton County Community Foundation Inc

To mobilize people, ideas and investment to make this a community where every individual has equitable opportunity to reach their full potential - no matter place, race or identity. (continued on schedule o)

Philanthropy
10
The Community Foundation for Mchenry County

The community foundation for mchenry county's mission is to philanthropically address the needs of mchenry county by providing leadership, granting resources, stewarding assets, and fostering awareness.

Philanthropy
11
The Community Foundation of Dickinson County Inc

To connect donors with their charitable giving priorities, serve as a resource for local nonprofit organizations and provide leadership to the community.

Philanthropy
12
Community Foundation of Greater Memphis Inc

The community foundation is a philanthropic organization that manages charitable funds with a broad base of donors to benefit the areas of western tennessee, eastern arkansas, and northern mississippi. since 1969, the community foundation…

Philanthropy
How this is measured
The grantee most central to the portfolio’s shape is Community Foundation of Grant County Indiana Inc; the most unlike its peers is The Corporation of Saint Mary's College Notre Dame. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

77 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 77 of the 82 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
48
Early backer (in before they grew)
77/77
Grantees still filing
68/77
Grew since first funded

Where the money sits, by cause and then by grantee

Central Indiana Community Foundation Inc: $875,000 · PhilanthropyCentral Indiana Community Foundation IncCOMMUNITY FOUNDATION ALLIANCE INC: $744,000 · PhilanthropyCOMMUNITY FOUNDATION ALLIANCE INCLEGACY FOUNDATION INC: $372,000 · PhilanthropyCOMMUNITY FOUNDATION OF GREATER FORT WAYNE INC: $310,000 · PhilanthropyCOMMUNITY FOUNDATION OF WABASH COUNTY INC: $297,000 · Philanthropy+61 more: $6,089,000 · Philanthropy+61 moreINDIANA CPA SOCIETY INC: $116,467 · OtherBlackford County Community Foundation: $62,000 · OtherWayne County Foundation Inc: $33,000 · OtherVERMILLION COUNTY COMMUNITY FOUNDATION: $19,500 · OtherRose-Hulman Institute of Technology: $14,000 · Other+2 more: $13,000 · OtherWELLS COUNTY FOUNDATION INC: $62,000 · EducationTrine University: $45,500 · EducationMarian University: $25,000 · EducationUNIVERSITY OF SAINT FRANCIS OF FORT WAYNE INDIANA INC: $25,000 · EducationINDIANA INSTITUTE OF TECHNOLOGY INC: $25,000 · EducationFranklin College of Indiana: $25,000 · EducationUNIVERSITY OF EVANSVILLE: $20,500 · EducationThe Corporation of Saint Mary's College Notre Dame: $20,000 · EducationPARKE COUNTY COMMUNITY FOUNDATION INC: $62,000 · Civil Rights
Philanthropy$8,687,000Other$257,967Education$248,000Civil Rights$62,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCentral Indiana Community Foundation Inc: $875,000 over 9y, 0.2% of budgetCOMMUNITY FOUNDATION ALLIANCE INC: $744,000 over 9y, 1.3% of budgetLEGACY FOUNDATION INC: $372,000 over 9y, 4.0% of budgetCOMMUNITY FOUNDATION OF GREATER FORT WAYNE INC: $310,000 over 9y, 0.3% of budgetCOMMUNITY FOUNDATION OF WABASH COUNTY INC: $297,000 over 9y, 0.5% of budgetHENDRICKS COUNTY COMMUNITY FOUNDATION INC: $248,000 over 9y, 1.5% of budgetCOMMUNITY FOUNDATION OF ST JOSEPH COUNTY INC: $248,000 over 9y, 0.1% of budgetCOMMUNITY FOUNDATION OF SOUTHERN INDIANA INC: $248,000 over 9y, 0.6% of budgetGREATER LAFAYETTE COMMUNITY FOUNDATION: $248,000 over 9y, 0.7% of budgetNORTHERN INDIANA COMMUNITY FOUNDATION INC: $248,000 over 9y, 0.6% of budgetCOMMUNITY FOUNDATION OF HOWARD COUNTY: $248,000 over 9y, 0.5% of budgetCOMMUNITY FOUNDATION OF ELKHART COUNTY INC: $186,000 over 9y, 0.1% of budgetPORTER COUNTY COMMUNITY FOUNDATION INC: $186,000 over 9y, 0.4% of budgetJOHNSON COUNTY COMMUNITY FOUNDATION INC: $179,500 over 9y, 0.9% of budgetCOMMUNITY FOUNDATION OF MORGAN COUNTY: $124,000 over 9y, 1.6% of budgetCOMMUNITY FOUNDATION OF HANCOCK COUNTY INC: $124,000 over 9y, 0.4% of budgetHERITAGE FUND SUPPORTING FOUNDATION INC: $124,000 over 9y, 91% of budgetCOMMUNITY FOUNDATION OF BOONE COUNTY INC: $124,000 over 9y, 0.9% of budgetUNITY FOUNDATION OF LA PORTE COUNTY: $124,000 over 9y, 0.4% of budgetCOMMUNITY FOUNDATION OF GRANT COUNTY INDIANA INC: $124,000 over 9y, 0.8% of budgetTHE COMMUNITY FOUNDATION OF MUNCIE AND DELAWARE COUNTY INC: $124,000 over 9y, 0.4% of budgetJASPER NEWTON FOUNDATION INC: $124,000 over 9y, 0.8% of budgetCOMMUNITY FOUNDATION OF BLOOMINGTON AND MONROE COUNTY INC: $124,000 over 9y, 0.5% of budgetMADISON COUNTY COMMUNITY FOUNDATION INC: $124,000 over 9y, 0.8% of budgetCOMMUNITY FOUNDATION PARTNERSHIP INC: $124,000 over 9y, 0.9% of budgetKOSCIUSKO COUNTY COMMUNITY FOUNDATION INC: $124,000 over 9y, 0.3% of budgetINDIANA CPA SOCIETY INC: $116,467 over 1y, 2.6% of budgetWESTERN INDIANA COMMUNITY FOUNDATION INC: $104,500 over 9y, 0.8% of budgetWAYNE COUNTY INDIANA FOUNDATION INC: $91,000 over 7y, 0.2% of budgetDEARBORN COMMUNITY FOUNDATION INC: $85,000 over 9y, 0.4% of budgetRUSH COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.5% of budgetOWEN COUNTY COMMUNITY FOUNDATION: $62,000 over 9y, 0.7% of budgetJENNINGS COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 1.4% of budgetADAMS COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.3% of budgetFAYETTE COUNTY FOUNDATION INC: $62,000 over 9y, 0.9% of budgetCOMMUNITY FOUNDATION OF PULASKI COUNTY INC: $62,000 over 9y, 0.7% of budgetWARREN COUNTY COMMUNITY FOUNDATION: $62,000 over 9y, 2.1% of budgetWASHINGTON COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.6% of budgetHARRISON COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.2% of budgetRIPLEY COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.7% of budgetDUBOIS COUNTY COMMUNITY FOUNDATION: $62,000 over 9y, 0.2% of budgetCASS COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.4% of budgetPUTNAM COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.3% of budgetUNION COUNTY FOUNDATION INC: $62,000 over 9y, 0.7% of budgetCOMMUNITY FOUNDATION OF SWITZERLAND COUNTY INC: $62,000 over 9y, 1.3% of budgetDEKALB COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.4% of budgetBROWN COUNTY COMMUNITY FOUNDATION INC: $62,000 over 9y, 0.7% of budgetSTEUBEN COUNTY COMMUNITY FOUNDATION: $62,000 over 9y, 0.4% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds Central Indiana Community Foundation Inc ↗
  • Who funds COMMUNITY FOUNDATION ALLIANCE INC ↗
  • Who funds LEGACY FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION OF GREATER FORT WAYNE INC ↗
  • Who funds COMMUNITY FOUNDATION OF WABASH COUNTY INC ↗
  • Who funds HENDRICKS COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION OF ST JOSEPH COUNTY INC ↗
  • Who funds COMMUNITY FOUNDATION OF SOUTHERN INDIANA INC ↗
  • Who funds GREATER LAFAYETTE COMMUNITY FOUNDATION ↗
  • Who funds NORTHERN INDIANA COMMUNITY FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION OF HOWARD COUNTY ↗
  • Who funds COMMUNITY FOUNDATION OF ELKHART COUNTY INC ↗
  • Who funds PORTER COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds JOHNSON COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION OF MORGAN COUNTY ↗
  • Who funds COMMUNITY FOUNDATION OF HANCOCK COUNTY INC ↗
  • Who funds HERITAGE FUND SUPPORTING FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION OF BOONE COUNTY INC ↗
  • Who funds UNITY FOUNDATION OF LA PORTE COUNTY ↗
  • Who funds COMMUNITY FOUNDATION OF GRANT COUNTY INDIANA INC ↗
  • Who funds THE COMMUNITY FOUNDATION OF MUNCIE AND DELAWARE COUNTY INC ↗
  • Who funds JASPER NEWTON FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION OF BLOOMINGTON AND MONROE COUNTY INC ↗
  • Who funds MADISON COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION PARTNERSHIP INC ↗
  • Who funds KOSCIUSKO COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds INDIANA CPA SOCIETY INC ↗
  • Who funds WESTERN INDIANA COMMUNITY FOUNDATION INC ↗
  • Who funds WAYNE COUNTY INDIANA FOUNDATION INC ↗
  • Who funds DEARBORN COMMUNITY FOUNDATION INC ↗
  • Who funds RUSH COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds OWEN COUNTY COMMUNITY FOUNDATION ↗
  • Who funds JENNINGS COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds ADAMS COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds FAYETTE COUNTY FOUNDATION INC ↗
  • Who funds COMMUNITY FOUNDATION OF PULASKI COUNTY INC ↗
  • Who funds WARREN COUNTY COMMUNITY FOUNDATION ↗
  • Who funds WASHINGTON COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds HARRISON COUNTY COMMUNITY FOUNDATION INC ↗
  • Who funds RIPLEY COUNTY COMMUNITY FOUNDATION INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Lilly Endowment IncIndiana Philanthropy …Indiana Philanthropy …Aws Foundation IncEarly Learning Indian…Duke Energy FoundationFirst Financial Found…Regional Opportunity …Wabash County Young M…Baird Foundation IncNorthwest Central Ind…Nisource Charitable F…
Lilly Endowment IncIN107.1× affinity67 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Lilly Endowment Inc · Indiana Philanthropy Alliance Foundation Inc · Indiana Philanthropy Alliance Inc · Aws Foundation Inc · Early Learning Indiana Inc · Duke Energy Foundation · First Financial Foundation · Regional Opportunity Initiatives Inc · Wabash County Young Mens Christian Association Inc · Baird Foundation Inc · Northwest Central Indiana Community Partnerships Inc · Nisource Charitable Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Independent Colleges of Indiana Inc funds: left to right is the share of its income from government, bottom to top the share from Independent Colleges of Indiana Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%6%25%56%100%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    12report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 82 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Independent Colleges of Indiana’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home