Indiana · Nonprofit
CICP FOUNDATION INC
CICP FOUNDATION INC (Indiana) receives grants from 15 organizations whose IRS filings report $176,983,552 to it, the largest being LILLY ENDOWMENT INC ($172,446,054). 10 of them have funded it in more than one year.
- Revenue FY2025
- $27M
- Funders on record
- 15
- Grants received
- $177M
- Net assets
- $8.2M
What Cicp Foundation Inc does
Mission
Cicp foundation, inc. (the foundation) operates exclusively for the benefit of and carries out the mission of central indiana corporate partnership, inc. (cicp) by engaging in and supporting activities in furtherance of purposes that are charitable, educational or otherwise described in section 170(c)(2)(b) of the internal revenue code. 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 to create a sustainable prosperity and quality of life for our citizens and future generations.
As stated on its FY2025 Form 990.
Programs
Ascend indiana is a talent and workforce development initiative committed to making indiana a place of economic opportunity for all. Visit www.ascendindiana.com.in 2025, ascend indiana strengthened its role as a statewide workforce intermediary by enhancing leadership, expanding technology, delivering practical work-based learning (wbl) tools and advancing a scalable intermediary strategy aligned with indiana's economic priorities.ascend launched several research projects in 2025 to provide a shared understanding of how talent needs are changing and what it will take to prepare for the future. Ascend also created a statewide collaborative to coordinate data from multiple entities with the goal of identifying common research priorities.
$5,285,155 spentof which $626,934 as grants23% of program spendingAnalytixin is a strategic initiative of cicp established to develop a digital community, including a place-focused collaboration hub in indianapolis that will strengthen connections and encourage engagement of academic data science research and development talent with their industry peers to drive sustained innovation within indiana. The emphasis is on life sciences and manufacturing two of indiana's most important and prolific economic drivers. Cicp serves as project lead, with significant and critical participation from indiana university, purdue university, and the university of notre dame, each allocated significant analytixin funding as the locus of the project's talent recruitment and development activities. Visit www.analytixindiana.com.analytixin continues to serve as a vital catalyst for data collaboration, bridging indiana's academic institutions, industry, government, and community organizations. In 2025, analytixin continued to bring together universities and industry so innovation moves faster and delivers value across indiana's economy. - faculty are the foundation of any strong digital and ai ecosystem. Through analytixin, indiana's r1 universities recruited 62…
$3,615,709 spentof which $2,691,285 as grants16% of program spendingConexus indiana has been positioning the hoosier state as the best place for advanced manufacturing and logistics industries to innovate, invest, employ and succeed for more than a decade. Conexus collaborates with industry, academic and public sector partners on a shared vision for an innovative, skilled workforce and stronger business climate. Conexus indiana's charitable and educational activities are funded through cicp foundation. Visit www.conexusindiana.com. Conexus indiana began developing a new digital educational content hub designed to translate industry research and industry insights into broadly educational stage-by-stage digital adoption guidance. The organization also reimagined its industry 4.0 forums into regional, peer-led digital adoption education workshops across the state to share lessons learned and accelerate progress.artificial intelligence will be a core component of this next phase. Conexus will expand its research and storytelling to include guidance on practical ai applications and is working with fellow cicp initiative, analytixin, to develop an ai-enabled tool to support industry learning and decision-making.catapult indiana is conexus' 160-hour…
$2,946,183 spentof which $1,205,592 as grants13% of program spendingAgrinovus indiana is the state's initiative focused on advancing the agbiosciences sector as a nationally recognized leader through education, research and talent development; strategic collaborations among corporations, industry associations, government and universities; the creation and support of new companies; and branding and targeted promotions to elevate the sector. Agrinovus indiana's charitable and educational activities are funded through cicp foundation. Visit www.agrinovusindiana.com.in 2025, agrinovus launched velocity, a six-month startup accelerator focused on solving challenges in critical areas of agbioscience. Guided by strong mentorship and research, velocity's challenges were shaped by agrinovus' accelerate 2050 report which identified three forces of change expected to shape the future of agbioscience over the next 25 years: food is health, bioinnovation and farmer-focused innovation.forty-two participating teams ranging from students, startups and existing companies created innovative solutions to defined challenges. The accelerator culminated with velocity demo day, an innovation showcase that featured presentations from many of the teams that completed the…
$10,995,944 spentof which $218,140 as grants48% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $22,842,991.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $27M to $55M (+99%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 6% · 2018 6% · 2019 0% · 2020 0% · 2021 1% · 2022 2% · 2023 1% · 2024 4% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.
93% of CICP FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Melina Kennedy
CEO, cicp
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2022 and FY2023 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 7 funders, grant income fell $17M → $7.7M.
3 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $838k from 8 payers (the payer shares this organization's board, largest Central Indiana Community Foundation Inc). These are real filings, and they are not money CICP FOUNDATION INC raised.
From the IRS filings of CICP FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CICP FOUNDATION INC leans on a few funders — its largest provides 97% of grant income and the top three 99%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 99% · 2018 102% · 2019 100% · 2020 99% · 2021 98% · 2022 59% · 2023 88% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
71% of CICP FOUNDATION INC's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
98% of CICP FOUNDATION INC's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $805k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CICP FOUNDATION INC holds deeper cash reserves than three-quarters of the 366 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 366 community improvement nonprofits $10M–$100M, FY2025
Government funding CICP FOUNDATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $15k on record.
- Corporation for National and Community Service$15k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CICP FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 4 related entities
- Central Indiana Corporate Partnership Inc · exempt
- Techpoint Ventures Inc · corp_trust
- Bc Initiative Inc · corp_trust
- Ascend Indiana Strategies Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for CICP FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CICP FOUNDATION INC?
- CICP FOUNDATION INC (Indiana) receives grants from 15 organizations whose IRS filings report $176,983,552 to it, the largest being LILLY ENDOWMENT INC ($172,446,054). 10 of them have funded it in more than one year.
- How many funders does CICP FOUNDATION INC have?
- IRS filings report 15 organizations giving $176,983,552 in grants to CICP FOUNDATION INC, 10 of which have funded it in more than one year.
- Who is the largest funder of CICP FOUNDATION INC?
- LILLY ENDOWMENT INC is the largest funder on record, with $172,446,054 in grants. The full list of funders is on this page.
- How can an organization like CICP FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing