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Indiana · Private foundation

Mutualbank Charitable Foundation Inc

Its FY2022 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$7.7M
Granted FY2022
22
Grants FY2022
19
Organizations funded FY2022
37%
First-time grantees FY2022
Read the full brief
Median grant, FY2022
$10,000
Largest grant, FY2022
$6,951,230
Organizations funded a year
19 to 40
FY2017 to FY2022
States reached, FY2022
1
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2022, 37% of the organizations Mutualbank Charitable Foundation Inc funded were first-time grantees, receiving 94% of its grant dollars.

New vs renewed · share of each year

In FY2022, 6% of grant dollars renewed an existing relationship; $7.3M went to new ones.

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

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

’18’19’20’21’22
Recreation & SportsArts & CultureEducationHousing & ShelterFood & NutritionPhilanthropyOther
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202219$7.7M37%
FY202127$290k26%
FY202033$392k33%
FY201940$407k78%
FY201833$343k61%
FY201735$332kn/a
77% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2022.

Philanthropy$7.2MEducation$716kHuman Services$311kHousing & Shelter$232kArts & Culture$173kCommunity Improvement$125kHealth$84kRecreation & Sports$83kOther$0

Top grantees

Largest recipients by total granted, FY2017 to FY2022, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Young Men's Christian Association of Muncie Indiana Inc$250,00012%
Muncie Children's Museum Inc$120,00038%
Muncie Community Schools$105,0001n/a
Ivy Tech Foundation Inc$90,00030%
The Vision Inc$90,0003n/a
Hillcroft Services Inc$75,00040%
Youth Opportunity Center Inc$40,00010%
Carey Services Inc$31,00020%
Muncie Mission Ministries Inc$30,00021%
Second Harvest Food Bank of East Central Indiana Inc$27,50020%
Show all 51 grantees
All grantees of Mutualbank Charitable Foundation Inc by total granted
GranteeTotal grantedYearsShare of their budget
Young Men's Christian Association of Muncie Indiana Inc$250,00012%
Muncie Children's Museum Inc$120,00038%
Muncie Community Schools$105,0001n/a
Ivy Tech Foundation Inc$90,00030%
The Vision Inc$90,0003n/a
Hillcroft Services Inc$75,00040%
Youth Opportunity Center Inc$40,00010%
Carey Services Inc$31,00020%
Muncie Mission Ministries Inc$30,00021%
Second Harvest Food Bank of East Central Indiana Inc$27,50020%
Cardinal Greenway Inc$25,00013%
Muncie Boys and Girls Club Inc$18,50031%
East Central Indiana (Eci) Regional$16,50042%
The Chamber of Commerce of St Jose County Foundation Inc$15,0001n/a
United Way of St Joseph County Inc$14,75020%
Meals on Wheels of Muncie Inc$11,82534%
Muncie Arts & Culture Council Inc$10,00011%
Lacasa of Goshen Inc$10,00010%
A Better Way Services Inc$10,00011%
Urban Light Christian Development Corporation$10,00013%
Family Service Society Inc$10,00010%
Community Enhancement Projects Inc$10,00017%
Christian Ministries of Delaware$8,00022%
Lead-Eci$7,50021%
Operation Read Inc$7,00022%
Bridges Community Services Inc$6,00011%
Delaware County Historical Society Inc$5,79522%
Teenworks Inc$5,00020%
Whitely Community Council Inc$5,00013%
Psi Iota XI - Group Return$5,0001n/a
Muncie Land Bank Inc$5,00013%
Ecorehab of Muncie Inc$5,00013%
Motivate Our Minds Inc$5,00012%
Boys & Girls Clubs of Elkhart County Inc$5,00010%
Project Leadership Inc$5,00011%
Muncie Home Ownership and Revitalization Inc$5,00011%
Red-Tail Land Conservancy Inc$4,74511%
Circles of Grant County Inc$4,53018%
Bethel University Inc$4,50010%
Randolph County YMCA Inc$3,60030%
College Mentors for Kids Inc$3,50020%
Cancer Services of East Central Indiana Inc$3,00011%
Muncie Sports Commission Inc$2,50012%
Look Twice Save a Life Inc$2,5001n/a
Marion Community School of the Arts$2,50010%
Muncie Municipal Band Inc$2,0001n/a
Masterworks Chorale Inc$2,00021%
Independent Colleges of Indiana Inc$1,00010%
Committee for Integrity Enhancement$1,0002n/a
Mishawaka Historical Museum Corp$50010%
United Way of Allen County Inc$50010%

Plus 60 recipients with no EIN on record ($8.4M), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Mutualbank Charitable Foundation Inc supplied at peak.

25%50%75%100%$100k$1.0M$10Mgrantee revenue →↑ funder's share of their budgetYoung Men's Christian Association of Muncie Indiana Inc: $250,000 over 1y, 1.9% of budgetMuncie Children's Museum Inc: $120,000 over 3y, 7.7% of budgetIvy Tech Foundation Inc: $90,000 over 3y, 0.1% of budgetHillcroft Services Inc: $75,000 over 4y, 0.2% of budgetYouth Opportunity Center Inc: $40,000 over 1y, 0.2% of budgetCarey Services Inc: $31,000 over 2y, 0.2% of budgetMuncie Mission Ministries Inc: $30,000 over 2y, 0.7% of budgetSecond Harvest Food Bank of East Central Indiana Inc: $27,500 over 2y, 0.1% of budgetCardinal Greenway Inc: $25,000 over 1y, 3.4% of budgetMuncie Boys and Girls Club Inc: $18,500 over 3y, 1.1% of budgetEast Central Indiana (Eci) Regional: $16,500 over 4y, 1.6% of budgetUnited Way of St Joseph County Inc: $14,750 over 2y, 0.3% of budgetMeals on Wheels of Muncie Inc: $11,825 over 3y, 3.8% of budgetMuncie Arts & Culture Council Inc: $10,000 over 1y, 1.0% of budgetLacasa of Goshen Inc: $10,000 over 1y, 0.3% of budgetA Better Way Services Inc: $10,000 over 1y, 0.5% of budgetUrban Light Christian Development Corporation: $10,000 over 1y, 2.8% of budgetFamily Service Society Inc: $10,000 over 1y, 0.3% of budgetCommunity Enhancement Projects Inc: $10,000 over 1y, 7.4% of budgetChristian Ministries of Delaware: $8,000 over 2y, 1.7% of budgetLead-Eci: $7,500 over 2y, 1.4% of budgetOperation Read Inc: $7,000 over 2y, 2.4% of budgetBridges Community Services Inc: $6,000 over 1y, 1.2% of budgetDelaware County Historical Society Inc: $5,795 over 2y, 2.3% of budgetTeenworks Inc: $5,000 over 2y, 0.1% of budgetWhitely Community Council Inc: $5,000 over 1y, 3.3% of budgetMuncie Land Bank Inc: $5,000 over 1y, 3.3% of budgetEcorehab of Muncie Inc: $5,000 over 1y, 2.5% of budgetMotivate Our Minds Inc: $5,000 over 1y, 2.0% of budgetBoys & Girls Clubs of Elkhart County Inc: $5,000 over 1y, 0.1% of budgetProject Leadership Inc: $5,000 over 1y, 1.0% of budgetMuncie Home Ownership and Revitalization Inc: $5,000 over 1y, 0.9% of budgetRed-Tail Land Conservancy Inc: $4,745 over 1y, 0.7% of budgetCircles of Grant County Inc: $4,530 over 1y, 7.6% of budgetBethel University Inc: $4,500 over 1y, 0.0% of budgetRandolph County YMCA Inc: $3,600 over 3y, 0.1% of budgetCollege Mentors for Kids Inc: $3,500 over 2y, 0.2% of budgetCancer Services of East Central Indiana Inc: $3,000 over 1y, 1.2% of budgetMuncie Sports Commission Inc: $2,500 over 1y, 2.4% of budgetMarion Community School of the Arts: $2,500 over 1y, 0.5% of budgetMasterworks Chorale Inc: $2,000 over 2y, 1.4% of budgetIndependent Colleges of Indiana Inc: $1,000 over 1y, 0.0% of budgetMishawaka Historical Museum Corp: $500 over 1y, 0.4% of budgetUnited Way of Allen County Inc: $500 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 44.

Nonprofits that may fit its grantmaking

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 Foundation of Muncie and Delaware County IncIN63.8× affinity28 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Community Foundation of Muncie and Delaware County Inc · Ball Brothers Foundation · George and Frances Ball Foundation · Heart of Indiana United Way Inc · Hamer D & Phyllis C Shafer Foundation Charitable Trust · Lilly Endowment Inc · American Electric Power Foundation · Muncie Endurathon Inc · Sherman and Marjorie Zeigler Foundation Inc · Centerpoint Energy Foundation Inc · Indiana University Health Ball Memorial Hospital Inc · Indiana Youth Institute Inc

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.

Compare Mutualbank Charitable Foundation Inc with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Mutualbank Charitable Foundation Inc?

Find your warmest path to Mutualbank Charitable Foundation Inc 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.

About Mutualbank Charitable Foundation Inc

How much does Mutualbank Charitable Foundation Inc give?
Mutualbank Charitable Foundation Inc reported 22 grants totaling $7,747,230 in its FY2022 IRS filing. It funded between 19 and 40 organizations a year over FY2017 to FY2022.
What does Mutualbank Charitable Foundation Inc fund?
By grant dollars over FY2017 to FY2022, its largest causes are Philanthropy (75%), Education (8%), Human Services (3%).
Who are Mutualbank Charitable Foundation Inc's largest grantees?
By total granted over FY2017 to FY2022: Young Men's Christian Association of Muncie Indiana Inc ($250k), Muncie Children's Museum Inc ($120k), Muncie Community Schools ($105k).
Does Mutualbank Charitable Foundation Inc fund new organizations?
In FY2022, 37% of the organizations it funded were first-time grantees.
Does Mutualbank Charitable Foundation Inc accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Mutualbank Charitable Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include The Community Foundation of Muncie and Delaware County Inc, Ball Brothers Foundation, George and Frances Ball Foundation.
Where is Mutualbank Charitable Foundation Inc based?
Mutualbank Charitable Foundation Inc is based in IN.

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 112 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 2022, released 2022. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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