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Indiana · Nonprofit

IBA FOUNDATION INC

IBA FOUNDATION INC (Indiana) receives grants from 5 organizations whose IRS filings report $50,000 to it, the largest being NORTHWEST CHARITABLE FOUNDATION ($10,000). 1 of them have funded it in more than one year.

Revenue FY2024
$3.8M
Funders on record
5
Grants received
$50k
Net assets
$13M
1/5 repeat funderspeak grant-dependency 1%
01What it does

What Iba Foundation Inc does

Mission

To provide education programs to members of the banking industry, those aspiring to develop their capabilities in the business of banking, and instructing the public regarding banking.

As stated on its FY2024 Form 990.

Program

  1. Convention, conferences and seminars and related expenses provide education and information to those seeking information and instruction on subjects relative to banks including but not limited to members of the indiana bankers association.

    $3,003,768 spent$2,361,680 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,003,768.

02The organization over time

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.

100 = 20172017 Revenue 100 ($4.7M) Expenses 100 ($2.4M) Net assets 100 ($9.1M)2018 Revenue 46 ($2.1M) Expenses 104 ($2.5M) Net assets 96 ($8.8M)2019 Revenue 96 ($4.5M) Expenses 107 ($2.6M) Net assets 117 ($11M)2020 Revenue 48 ($2.2M) Expenses 80 ($1.9M) Net assets 121 ($11M)2021 Revenue 61 ($2.8M) Expenses 100 ($2.4M) Net assets 140 ($13M)2022 Revenue 60 ($2.8M) Expenses 117 ($2.8M) Net assets 125 ($11M)2023 Revenue 63 ($2.9M) Expenses 121 ($2.9M) Net assets 129 ($12M)2024 Revenue 82 ($3.8M) Expenses 128 ($3.1M) Net assets 140 ($13M)
'17'18'19'20'21'22'23'24
Revenue (82)Expenses (128)Net assets (140)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $9.6M to $12M (+21%).

$11M
$9.6M
$12M
$12M
$14M
$13M
$14M
$15M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

1% of IBA FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$2.3M
’17
−$348k
’18
$1.9M
’19
$320k
’20
$448k
’21
$7k
’22
$45k
’23
$758k
’24
4.0
months of
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.

'17'18'19'20'21'22'23'24
Listed88888855
Joined·+0+1+3+1+2+0+1
No longer listed·0131231
03Who funds it

Who funds it, year by year

2019 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $12k → $2k.

Funder
'19
'20
'21
'22
'23
total
funders
2
1
2
3
1

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of IBA 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

IBA FOUNDATION INC has a broad base — no single funder exceeds 20% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

40% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund IBA FOUNDATION INC.

20%
largest funder
60%
top three
~5
effective funders

Largest funder’s share by year: 2019 83% · 2020 100% · 2021 83% · 2022 45% · 2023 100% — growing more concentrated.

“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.

Where its funders are

67% of IBA FOUNDATION INC's grant income comes from Indiana funders.

IN
PA

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $20k arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

IBA FOUNDATION INC runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.

Operating margin20% · top quartile
Months of reserve4.0mo · below the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like IBA 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

Indiana Bar Foundation85%The Indianapolis Foundation Inc85%Indiana Association of Realtors Inc84%Indiana University Alumni Association Inc84%Indianapolis Bar Foundation Inc83%Independent Insurance Agents of Indiana83%Wayne County Indiana Foundation Inc83%Indiana State University Foundation Inc83%

Nationally

Indiana Bar Foundation85%The Indianapolis Foundation Inc85%Florida Bankers Educational Foundation84%Indiana Association of Realtors Inc84%Institute for Financial Literacy Inc84%Missouri Bankers Foundation Inc84%Iowa Council of Foundations84%Indiana University Alumni Association Inc84%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

5
board members
60%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 8 related entities

  • Indiana Bankers Association · exempt
  • Cbai Community Investments Corp · exempt
  • The Indiana Bankpac State Fund · exempt
  • The Indiana Bankpac Federal Fund · exempt
  • Iba Holding Company Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for IBA 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 IBA FOUNDATION INC?
IBA FOUNDATION INC (Indiana) receives grants from 5 organizations whose IRS filings report $50,000 to it, the largest being NORTHWEST CHARITABLE FOUNDATION ($10,000). 1 of them have funded it in more than one year.
How many funders does IBA FOUNDATION INC have?
IRS filings report 5 organizations giving $50,000 in grants to IBA FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of IBA FOUNDATION INC?
NORTHWEST CHARITABLE FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like IBA 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.

Play a game about who funds Iba →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 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 14, 2026. What this page cannot tell you · view filing