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Indigo Foundation at a glance

· Private foundation

Indigo Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$3.9M
Granted FY2024still arriving
13
Grants FY2024still arriving
3
States reached
$750k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
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 2024.

Education$3.9MHealth$2.8MPhilanthropy$2.0MRecreation & Sports$1.3MHuman Services$552kPublic Safety & Disaster$533kEnvironment$454kInternational$426kOther$0
02FY2024 · 13 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $50k–250k5 grants · $500k
  • $250k+8 grants · $3.4M
$250,000
Median grant
3
States reached
$35M
Total assets
Largest grants
RecipientAmount
BAPTIST HEALTH FOUNDATION GREATER LOUISVILLE INC$750,000
NATIONAL PHILANTHROPIC TRUST (OPTIMUS FOUNDATION)$600,000
FAMILY COMMUNITY CLINIC INC$500,000
JEFFERSON COMMUNITY TECHNICAL COLLEGE FOUNDATION INC$500,000
VOLUNTEERS OF AMERICA MID-STATES INC$266,666
UNIVERSITY OF KENTUCKY$250,000
21ST CENTURY PARKS ENDOWMENT INC$250,000
U-GO INITIATIVE$250,000
WATERSTEP INC$200,000
21ST CENTURY PARKS INC$100,000
HOMES FOR OUR TROOPS INC$100,000
DARE TO CARE INC$50,000
SIMMONS COLLEGE OF KENTUCKY INC$50,000
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:

Its human-services grants (FY18–24, $410k) land where the poverty rate runs at 12%, against an area that typically sits at 8%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 8%U-GO INITIATIVE: $250k → 11%CABBAGE PATCH SETTLEMENT HOUSE: $25k → 15%CABBAGE PATCH SETTLEMENT HOUSE: $25k → 15%CABBAGE PATCH SETTLEMENT HOUSE: $10k → 15%HOSPARUS HEALTH: $100k → 15%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.

73%of every dollar goes to organizations it has funded before.
$9.1M · 15 repeat orgs$3.3M to everyone else

Grantees it renews have grown median revenue +37% since the first grant, against -16% for those funded once.

15 repeat relationships: 8 still active in FY2024, 7 since wound down; 5 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

15
16

Total granted

$9.1M
$1.7M

Median revenue growth · since first grant

+37%
-16%

Still filing today

73%
38%

New vs renewed · share of each year

In FY2024, 57% of grant dollars renewed an existing relationship; $1.7M went to new ones.

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

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

’17’18’19’20’21’22’23’24
HealthEducationHuman ServicesRecreation & SportsHousing & ShelterEnvironmentOther
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

  • UI
    U-GO INITIATIVE
    3× · 2022–2024 · $750k · revenue +118%
  • RT
    ROOM TO READ
    4× · 2018–2021 · $600k · revenue +37%
  • FC
    Family Community Clinic Inc
    2× · 2021–2024 · $600k · revenue +188%

Funded once

  • EI
    EVOLVE502 INC
    one grant, 2023 · $500k · revenue -19%
  • KF
    KY FINANCE & ADMIN CABINET
    one grant, 2021 · $250k
  • TB
    TOWN BRANCH FUND
    one grant, 2018 · $250k
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
Kentucky Center for Economic Policy Inc

To improve the quality of life for all kentuckians through research, education and advocacy on important policy issues facing the commonwealth.

Public Benefit
2
University Family Physicians Inc

Engage actively and continuously in medical research, education and training in the practice of medicine in conjunction with the department of family medicine of the indiana university school of medicine and indiana university…

—
3
HealthFirst Bluegrass Inc

Healthfirst provides outpatient primary healthcare, behavioral health and dental services to the underserved and uninsured residents of fayette county and surrounding counties in kentucky.

Health
4
Foundation for a Healthy Kentucky Inc

Addressing the unmet health needs of kentuckians by developing and influencing policy, improving access to care, reducing health risks and disparities, and promoting health equity. the foundation makes grants, conducts campaigns, supports…

Health
5
Furman University

The primary mission of furman as a liberal arts institution is to provide a distinctive education in fine arts, humanities, social sciences, mathematics and the sciences, as well as selected professional disciplines.

Education
6
Arbor Research Collaborative for Health

Arbor research collaborative for health is committed to improving patient care through research that shapes medical policies and practice. in particular, arbor research conducts health outcomes research on chronic disease and end-stage…

Health
7
Kentucky Chamber Foundation Inc

The Kentucky Chamber Foundation's purpose is to unlock the power of business, accelerate solutions, and build opportunity in Kentucky.

Community Improvement
8
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
9
The Land Trust for Tennessee Inc

To conserve the unique character of tennessee's natural and historic landscapes and sites for future generations.

Environment
10
Impacthealth-Tn

To foster a sustainable network of community health workers and to train frontline public health professionals who possess a deep understanding of and strong ties to the local community.

Human Services
11
Ucsf Foundation Investment Company

The organization provides professional investment management services for endowed gifts and financial assets entrusted to the ucsf foundation.

Education
12
Louisville Collegiate School

Louisville collegiate school inspires academic excellence, extraordinary character and global citizenship.

Education
How this is measured
The grantee most central to the portfolio’s shape is Cabbage Patch Settlement House Inc; the most unlike its peers is Green Hill Therapy Inc. 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

24 grantees tracked through their own filings, 2017–2025.

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 2025, not grant rows in a single year, so this will not match the grant count on the cover. 24 of the 38 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.

0
Load-bearing (≥25% of a budget)
7
Early backer (in before they grew)
23/24
Grantees still filing
14/24
Grew since first funded

Where the money sits, by cause and then by grantee

NATIONAL PHILANTHROPIC TRUST (OPTIMUS FOUNDATION): $2,200,000 · OtherNATIONAL PHILANTHROPIC TRUST (OPTIMUS FOUNDATION)UNIVERSITY OF KENTUCKY: $1,500,000 · OtherUNIVERSITY OF KENTUCKYVOLUNTEERS OF AMERICA: $533,334 · OtherVOLUNTEERS OF AMERICABAPTIST HEALTH FOUNDATION: $500,000 · OtherBAPTIST HEALTH FOUNDATIONEVOLVE502 INC: $500,000 · OtherEVOLVE502 INCVOLUNTEERS OF AMERICA INC: $266,666 · OtherKY FINANCE & ADMIN CABINET: $250,000 · OtherTOWN BRANCH FUND: $250,000 · OtherCHILDREN'S HOSPITAL OF ATLANTA: $250,000 · OtherWATERSTEP INC: $415,000 · OtherWATERSTEP INCDARE TO CARE INC: $250,000 · Other+11 more: $431,350 · Other+11 moreBaptist Health Foundation Greater Louisville Inc: $750,000 · HealthBaptist Heal…Family Community Clinic Inc: $600,000 · HealthFamily Commu…+2 more: $21,000 · Health21ST CENTURY PARKS ENDOWMENT INC: $1,000,000 · Recreation & Sports21ST CENTU…21ST CENTURY PARKS INC: $208,550 · Recreation & Sports21ST CENTU…ROOM TO READ: $600,000 · EducationROOM TO RE…JEFFERSON COMMUNITY TECHNICAL COLLEGE FOUNDATION INC: $500,000 · EducationJEFFERSON …Simmons College of Kentucky Inc: $50,000 · EducationU-GO INITIATIVE: $750,000 · Human ServicesHOSPARUS INC HOSPARUS HEALTH: $100,000 · Human ServicesCABBAGE PATCH SETTLEMENT HOUSE INC: $60,000 · Human ServicesWATERFRONT BOTANICAL GARDENS INC: $450,000 · Environment+1 more: $3,600 · EnvironmentNATIONAL PHILANTHROPIC TRUST: $250,000 · PhilanthropyFOUNDATION FOR APPALACHIAN KENTUCKY INC: $200,000 · Philanthropy
Other$7,346,350Health$1,371,000Recreation & Sports$1,208,550Education$1,150,000Human Services$910,000Environment$453,600Philanthropy$450,000

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

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budget21ST CENTURY PARKS ENDOWMENT INC: $1,000,000 over 4y, 5.2% of budgetBaptist Health Foundation Greater Louisville Inc: $750,000 over 1y, 17% of budgetU-GO INITIATIVE: $750,000 over 3y, 9.8% of budgetROOM TO READ: $600,000 over 4y, 0.5% of budgetEVOLVE502 INC: $500,000 over 1y, 6.1% of budgetJEFFERSON COMMUNITY TECHNICAL COLLEGE FOUNDATION INC: $500,000 over 1y, 14% of budgetWATERFRONT BOTANICAL GARDENS INC: $450,000 over 3y, 11% of budgetWATERSTEP INC: $415,000 over 4y, 7.4% of budgetNATIONAL PHILANTHROPIC TRUST: $250,000 over 1y, 0.0% of budgetDARE TO CARE INC: $250,000 over 5y, 0.1% of budget21ST CENTURY PARKS INC: $208,550 over 4y, 1.9% of budgetFOUNDATION FOR APPALACHIAN KENTUCKY INC: $200,000 over 1y, 1.0% of budgetHOMES FOR OUR TROOPS INC: $100,000 over 1y, 0.2% of budgetHOSPARUS INC HOSPARUS HEALTH: $100,000 over 1y, 0.1% of budgetCABBAGE PATCH SETTLEMENT HOUSE INC: $60,000 over 3y, 0.8% of budgetSimmons College of Kentucky Inc: $50,000 over 1y, 0.3% of budgetFAMILY SCHOLAR HOUSE INC: $20,000 over 1y, 0.4% of budgetSCHOOL CHOICE SCHOLARSHIPS INC: $20,000 over 1y, 12% of budgetSOS INTERNATIONAL INC: $11,000 over 2y, 0.2% of budgetUSPIRITUS INC (BELLEWOOD & BROOKLAWN): $11,000 over 1y, 0.1% of budgetGreen Hill Therapy Inc: $10,000 over 1y, 1.3% of budgetWILDERNESS LOUISVILLE INC: $3,600 over 1y, 0.9% 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.

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.

The Community Foundat…The Gheens Foundation…The Community Foundat…The Community Foundat…LG&E and Ku Foundatio…Taylor Family Foundat…Cralle Foundation IncRepublic Bank Foundat…Snowy Owl Foundation …Mightycause Charitabl…Ge Aerospace Foundati…Irvin F & Alice S Ets…
The Community Foundation of Louisville IncKY37.4× affinity16 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Community Foundation of Louisville Inc · The Gheens Foundation Inc · The Community Foundation of Louisville Corporate Depository Inc · The Community Foundation of Louisville Depository Inc · LG&E and Ku Foundation Inc · Taylor Family Foundation Inc · Cralle Foundation Inc · Republic Bank Foundation Inc · Snowy Owl Foundation Inc · Mightycause Charitable Foundation · Ge Aerospace Foundation · Irvin F & Alice S Etscorn 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 Indigo Foundation funds: left to right is the share of its income from government, bottom to top the share from Indigo Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    2report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    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.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Indigo Foundation?

    Find your warmest path to Indigo Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    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 38 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-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Indigo’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