Indiana · Nonprofit
INDIANA WESLEYAN UNIVERSITY
INDIANA WESLEYAN UNIVERSITY (Indiana) receives grants from 134 organizations whose IRS filings report $89,788,694 to it, the largest being LILLY ENDOWMENT INC ($58,596,895). 71 of them have funded it in more than one year.
Against its field
INDIANA WESLEYAN UNIVERSITY runs a healthier operating margin than three-quarters of the 671 education nonprofits its size.
this organization peer median middle 50% of peers· 671 education nonprofits over $100M, FY2025
Three funders worth looking at
Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.
- Hispanic Scholarship Fundshared funders
- Jp Crain Family Scholarship Pfdn Paulding County Area Foundationportfolio match
- Edward L Schwab Memorial Foundation Dacotah Bankportfolio match
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.
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 1% · 2018 1% · 2019 1% · 2020 3% · 2021 6% · 2022 9% · 2023 2% · 2024 1% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.
17% of INDIANA WESLEYAN UNIVERSITY’s revenue is contributions — more donation-reliant than the typical peer (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base broadened from 25 funders to 51 funders, grant income rose $3.3M → $9.9M.
29 of 134 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 INDIANA WESLEYAN UNIVERSITY’s funders (the co-funder graph). Top 30 of 134 funders by total. 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
INDIANA WESLEYAN UNIVERSITY leans on a few funders — its largest provides 65% of grant income and the top three 82%; 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 33% · 2018 31% · 2019 45% · 2020 52% · 2021 31% · 2022 66% · 2023 45% — 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.
How long its funders stay
36% of INDIANA WESLEYAN UNIVERSITY's funders are still giving 3 years after their first grant; 53% 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
86% of INDIANA WESLEYAN UNIVERSITY's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $5.4M arriving through sponsors registered in 18 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.
Funders to approach
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 134 funders put you under-funded among the 400 organizations that share them.
- Hispanic Scholarship Fundshared fundersCA · backs 131 organizations that share your funders
- Jp Crain Family Scholarship Pfdn Paulding County Area Foundationportfolio matchits grantees resemble your mission
- Edward L Schwab Memorial Foundation Dacotah Bankportfolio matchits grantees resemble your mission
- Shelly Family Foundationportfolio matchits grantees resemble your mission
- The Thomasson Foundationportfolio matchits grantees resemble your mission
- Council for Christian Colleges and Universitiesportfolio matchits grantees resemble your mission
- Association of Universities for Research in Astronomy Incshared fundersDC · backs 79 organizations that share your funders
- Ernest Wentcher Educational Fundshared fundersIL · backs 81 organizations that share your funders
- National Alliance for Research on Schizophrenia and Depressionshared fundersNY · backs 74 organizations that share your funders
- Howard Hughes Medical Instituteshared fundersMD · backs 91 organizations that share your funders
- American Chemical Societyshared fundersDC · backs 157 organizations that share your funders
- Council of Independent Collegesshared fundersDC · backs 91 organizations that share your funders
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Government funding INDIANA WESLEYAN UNIVERSITY receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $11k on record.
- FL$10k
- DE$1k
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 INDIANA WESLEYAN UNIVERSITY
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of 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
89% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 6 related entities
- IWU Holdings LLC · disregarded
- Ron Blue Institute for Financial Planning · disregarded
- Wesleyan Church Corporation · exempt
- Independent Colleges of Indiana Inc · exempt
- IWU Accelerator Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for INDIANA WESLEYAN UNIVERSITY: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds INDIANA WESLEYAN UNIVERSITY?
- INDIANA WESLEYAN UNIVERSITY (Indiana) receives grants from 134 organizations whose IRS filings report $89,788,694 to it, the largest being LILLY ENDOWMENT INC ($58,596,895). 71 of them have funded it in more than one year.
- How many funders does INDIANA WESLEYAN UNIVERSITY have?
- IRS filings report 134 organizations giving $89,788,694 in grants to INDIANA WESLEYAN UNIVERSITY, 71 of which have funded it in more than one year.
- Who is the largest funder of INDIANA WESLEYAN UNIVERSITY?
- LILLY ENDOWMENT INC is the largest funder on record, with $58,596,895 in grants. The full list of funders is on this page.
- How can an organization like INDIANA WESLEYAN UNIVERSITY 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 134funders 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 August 27, 2026. What this page cannot tell you · view filing