What does it mean for grant money to stay in-state?

It is the share of grants made by funders based in Indiana that reached organizations also located in Indiana, rather than organizations in other states. A high share means local funders mostly back local causes; a low one means the money largely leaves.

Is Indiana a major grantmaking state?

Indiana ranks 14th of the 52 states and territories by grant dollars from resident funders. The largest grantmaking states are California and New York; the most outward, where money mostly leaves, are domiciles like Delaware.

How can a nonprofit find funders in Indiana?

Start with the largest grantmakers based in Indiana, currently Morgan Stanley Global Impact Funding Trust Inc and Lilly Endowment Inc. Out-of-state funders also reach in, led by Bny Mellon Charitable Gift Fund. Indiana funds community development above the national rate, so funders active there are worth approaching.

How recent is this Indiana grant data?

It is read from IRS Form 990 and 990-PF e-file filings for fiscal years 2022 and 2023, the two years with complete coverage. US charity filings lag 12 to 24 months, so this is the most recent complete picture.

Funding by state · IN

Grantmaking in Indiana

2,335 grantmakers are based in Indiana. Together they granted $12.1B across the 2022 and 2023 filings, the 14th most of any state, and kept 39% of it in Indiana. Roughly half stays, half leaves.

2,335

grantmakers

$12.1B

granted

39%

stays in-state

The short version

2,335 grantmakers are based in Indiana, granting $12.1B across the FY2022 and FY2023 IRS filings, the 14th most of any state.
39% of grants made by Indiana funders stayed in Indiana; the rest went to organizations in other states.
Indiana is a net exporter of grant money, sending $3.5B more out of state than its organizations draw in from outside funders.
Indiana funds community development more heavily than the country, at 2.33× the national rate.

Indiana is a net exporter of grant money, $3.5B more leaves than arrives.

Largest funders based in Indiana

Grantmakers headquartered in Indiana, sized by total grants made. Pick one for its dossier.

2,327 other funders$3.8B

Morgan Stanley Global Impact Funding Trust Inc$3.1B Lilly Endowment Inc$2.1B National Collegiate Athletic Association$2.1B

Organizations in Indiana that draw the most

The nonprofits in Indiana that received the most grant money.

1Renaissance Charitable Foundation Inc$1.1B 2Indiana University$861M 3Morgan Stanley Global Impact Funding Trust Inc$445M 4Trustees of Purdue University$296M 5University of Notre Dame du Lac$222M 6Purdue Research Foundation$211M 7DePauw University$171M 8Indiana Economic Development$159M

Biggest funders reaching into Indiana from elsewhere

Out-of-state funders sending the most money to organizations in Indiana.

1Bny Mellon Charitable Gift Fund$625M 2Donor Advised Charitable Giving Inc$352M 3Fidelity Investments Charitable Gift Fund$344M 4The Big Ten Conference Inc$239M 5National Philanthropic Trust$229M 6Indian Paintbrush Foundation$146M

What Indiana funds, against the country

Each cause by how much of Indiana's grant money it draws relative to the national rate. To the right of the line is overweight, to the left underweight. Indiana is most overweight on community development, at 2.33× the national rate. Dot size is the cause's share of the state.

Where the money goes by org size

Grant dollars to organizations in Indiana, by the recipient's size, against the national average (the marker). Indiana sends a larger share to $10M to $100M organizations than the country as a whole, and less to $100M and up.

Under $100k1% vs 1% national

$100k to $1M7% vs 6% national

$1M to $10M24% vs 21% national

$10M to $100M32% vs 28% national

$100M and up37% vs 44% national

Find funders by cause in Indiana

Who funds each cause in Indiana, with the largest funders and how to reach them.

Questions and answers

What does it mean for grant money to stay in-state?: It is the share of grants made by funders based in Indiana that reached organizations also located in Indiana, rather than organizations in other states. A high share means local funders mostly back local causes; a low one means the money largely leaves.
Is Indiana a major grantmaking state?: Indiana ranks 14th of the 52 states and territories by grant dollars from resident funders. The largest grantmaking states are California and New York; the most outward, where money mostly leaves, are domiciles like Delaware.
How can a nonprofit find funders in Indiana?: Start with the largest grantmakers based in Indiana, currently Morgan Stanley Global Impact Funding Trust Inc and Lilly Endowment Inc. Out-of-state funders also reach in, led by Bny Mellon Charitable Gift Fund. Indiana funds community development above the national rate, so funders active there are worth approaching.
How recent is this Indiana grant data?: It is read from IRS Form 990 and 990-PF e-file filings for fiscal years 2022 and 2023, the two years with complete coverage. US charity filings lag 12 to 24 months, so this is the most recent complete picture.

More from the funding graph

The regranting layer

51% of grant dollars pass through an intermediary

The DAF merry-go-round

$9.7B circulates between donor-advised funds

Strange bedfellows

the named clusters of US funding

The camps

funders cluster by geography, not ideology

State money flows

the interactive map of money crossing state lines

Giving abroad

which US foundations fund each country

Read from IRS Form 990 and 990-PF e-file XML for fiscal years 2022 and 2023. A funder is placed by the state on its most recent filing. In-state share counts grant dollars whose recipient is also in Indiana, among recipients resolved by EIN. Source: IRS Form 990 downloads.