Indiana · Nonprofit
INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC
INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC (Indiana) receives grants from 43 organizations whose IRS filings report $14,852,065 to it, the largest being SALESFORCE FOUNDATION ($4,355,000). 19 of them have funded it in more than one year.
- Revenue FY2025
- $9.4M
- Funders on record
- 43
- Grants received
- $15M
- Net assets
- $13M
What Indianapolis Public Schools Education Foundation Inc does
Mission
The indianapolis public schools foundation is an independent non-profit that secures philanthropic support to advance the strategic priorities of the indianapolis public schools. We support ips leadership to define priorities for private investment and works closely with community leaders and philanthropic champions to raise mission-critical funding that enables ips to accelerate progress.
As stated on its FY2025 Form 990.
Programs
District support:grants to ips for district support cover a range of investments that support the strategic priorities of the district in order to advance academic achievement including, but not limited to, ensuring access to rigorous curriculum, promoting student access and opportunity and fostering student and family engagement.
$4,208,888 spentof which $3,986,084 as grants$689,578 earned by the program94% of program spendingIps school based grants:school based grants provide the opportunity for teachers and administrators to apply for financial support to close resource gaps and ensure schools have classroom supplies, programmatic materials and even basic needs for student learning.
$126,124 spentof which $119,713 as grants3% of program spendingScholarships to ips students.
$148,219 spentof which $140,685 as grants3% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,483,231.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 $10M to $14M (+35%).
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: 2020 1% · 2021 2% · 2022 2% · 2023 3% · 2024 1% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
89% of INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 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
Stephannie Bailey
CEO
Board chair
Jonathan Coffington
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 7 funders, grant income rose $318k → $2.5M.
8 of 43 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% 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 PUBLIC SCHOOLS EDUCATION FOUNDATION INC’s funders (the co-funder graph). Top 30 of 43 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
INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC leans on a few funders — its largest provides 29% of grant income and the top three 69%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
32% 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 INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC.
Largest funder’s share by year: 2017 72% · 2018 33% · 2019 38% · 2020 35% · 2021 41% · 2022 38% · 2023 41% — 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
33% of INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC's funders are still giving 3 years after their first grant; 44% 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
51% of INDIANAPOLIS PUBLIC SCHOOLS EDUCATION 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. $2.5M arriving through sponsors registered in 7 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
INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.
this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025
Organizations like INDIANAPOLIS PUBLIC SCHOOLS EDUCATION 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
85% of spending goes to programs.
Governance
Public support
47%
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 PUBLIC SCHOOLS EDUCATION 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 PUBLIC SCHOOLS EDUCATION FOUNDATION INC?
- INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC (Indiana) receives grants from 43 organizations whose IRS filings report $14,852,065 to it, the largest being SALESFORCE FOUNDATION ($4,355,000). 19 of them have funded it in more than one year.
- How many funders does INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC have?
- IRS filings report 43 organizations giving $14,852,065 in grants to INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC, 19 of which have funded it in more than one year.
- Who is the largest funder of INDIANAPOLIS PUBLIC SCHOOLS EDUCATION FOUNDATION INC?
- SALESFORCE FOUNDATION is the largest funder on record, with $4,355,000 in grants. The full list of funders is on this page.
- How can an organization like INDIANAPOLIS PUBLIC SCHOOLS EDUCATION 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 2020–2025), and the filings of 43 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