Indiana · Nonprofit
Indianapolis Press Club Foundation Inc
Indianapolis Press Club Foundation Inc (Indiana) receives grants from 4 organizations whose IRS filings report $59,500 to it, the largest being Lumina Foundation for Education Inc ($32,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $45k
- Funders on record
- 4
- Grants received
- $60k
- Net assets
- $1.2M
What Indianapolis Press Club Foundation Inc does
Mission
The Indianapolis Press Club Foundation, Inc. (IPCF) engages in activities to promote excellence in and public appreciation for journalism in Indiana. IPCF's activities include, but are not limited to, scholarships, paid fellowships, and awards for Indiana college students.
As stated on its FY2024 Form 990.
Programs
The Indianapolis Press Club Foundation runs three main programs:1) The Thomas R. Keating writing competition, which is a two-day journalism competition held annually in November. The contest began in 1986 and is a tribute to former Indianapolis Star columnist Tom Keating. Ten undergraduate students compete for a total of $7,000 in cash awards.2) In partnership with the Indianapolis Motor Speedway, the foundation awards three Last Row Party scholarships to Indiana undergraduate journalism students. The Foundation hands out these awards at its annual fundraiser at the end of May, which is called the Last Row Party and held at the Pagoda at IMS. The Foundation distributes a total of about $3,000 in scholarships for news, features and sports writing.3) The Indianapolis Press Club Foundation board has a paid summer fellowship program each year for two Indiana college journalism students. The 10-week fellowships pay $6,000 to each student and provides solid journalism experience at Indianapolis area news services and/or TV and radio stations. Summer fellows work 40 hours per week. The Foundation seeks to partner with a variety of local media groups and rotates selections as part of its…
$54,016 spentof which $17,046 as grants82% of program spendingThe Keating program is an annual daylong writing contest named in memory of legendary Indianapolis Star columnist Thomas R. Keating. The competition features 10 finalists, representing Indiana premiere journalism students. They compete for $7,000 in prize money.
$11,992 spentof which $7,800 as grants$16,281 earned by the program18% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $66,008.
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 2018 to 2019, from $705k to $885k (+25%).
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.
11% of Indianapolis Press Club Foundation Inc’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 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.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $9k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% 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 Indianapolis Press Club 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
Indianapolis Press Club Foundation Inc leans on a few funders — its largest provides 54% of grant income and the top three 98%; 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 100% · 2018 100% · 2019 63% · 2020 63% · 2021 82% · 2022 57% · 2023 83% — 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.
Where its funders are
98% of Indianapolis Press Club 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. $12k 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.
Against its field
Indianapolis Press Club Foundation Inc has grown faster than half of the 21,859 education nonprofits its size.
this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024
Organizations like Indianapolis Press Club 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
79% of spending goes to programs.
Governance
Public support
41%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Indianapolis Press Club 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 Indianapolis Press Club Foundation Inc?
- Indianapolis Press Club Foundation Inc (Indiana) receives grants from 4 organizations whose IRS filings report $59,500 to it, the largest being Lumina Foundation for Education Inc ($32,000). 2 of them have funded it in more than one year.
- How many funders does Indianapolis Press Club Foundation Inc have?
- IRS filings report 4 organizations giving $59,500 in grants to Indianapolis Press Club Foundation Inc, 2 of which have funded it in more than one year.
- Who is the largest funder of Indianapolis Press Club Foundation Inc?
- Lumina Foundation for Education Inc is the largest funder on record, with $32,000 in grants. The full list of funders is on this page.
- How can an organization like Indianapolis Press Club 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 Indianapolis Press Club →
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 4 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