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
- 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.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2022 | 19 | $7.7M | 37% |
| FY2021 | 27 | $290k | 26% |
| FY2020 | 33 | $392k | 33% |
| FY2019 | 40 | $407k | 78% |
| FY2018 | 33 | $343k | 61% |
| FY2017 | 35 | $332k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2022.
Top grantees
Largest recipients by total granted, FY2017 to FY2022, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Young Men's Christian Association of Muncie Indiana Inc | $250,000 | 1 | 2% |
| Muncie Children's Museum Inc | $120,000 | 3 | 8% |
| Muncie Community Schools | $105,000 | 1 | n/a |
| Ivy Tech Foundation Inc | $90,000 | 3 | 0% |
| The Vision Inc | $90,000 | 3 | n/a |
| Hillcroft Services Inc | $75,000 | 4 | 0% |
| Youth Opportunity Center Inc | $40,000 | 1 | 0% |
| Carey Services Inc | $31,000 | 2 | 0% |
| Muncie Mission Ministries Inc | $30,000 | 2 | 1% |
| Second Harvest Food Bank of East Central Indiana Inc | $27,500 | 2 | 0% |
Show all 51 grantees
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.
Tap a dot to name the grantee.
How this is measured
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.
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
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.
Play a game based on Mutualbank’s filings →