Indiana · Nonprofit
LAGRO CANAL FOUNDATION INC
LAGRO CANAL FOUNDATION INC (Indiana) receives grants from 5 organizations whose IRS filings report $289,985 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($195,000). 2 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $92k
- Funders on record
- 5
- Grants received
- $290k
- Net assets
- $447k
What Lagro Canal Foundation Inc does
Mission
The purpose for which this corporation is organized are to stimulate revitalization in the community of lagro, indiana through the following activities: 1) development (renovating historic structions and engaging in other placemaking activities); 2) organization (encouraging cooperation and building leadership in the community); 3) promotion (creating a positive image for the community and its natural amenities); 4) design (improving the appearance of the community); 5) education (sharing information about the history of lagro and its people); 6) to receive, administer, and distribute funds in connection with any activities related to the above purposes; provided, however, that the corporation shall only engage in activities that are in the purview of section 501(c)3 of the internal revenue code of 1954 or corresponding section of any prior or future law.
As stated on its FY2024 Form 990.
Program
Revitalization of downtown lagro indiana by development and rehabilitation of historic buildings.
The program described on its FY2024 Form 990.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 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 2023 to 2024, from $373k to $447k (+20%).
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.
99% of LAGRO CANAL FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (78% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
reserve
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $29k → $75k.
3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% 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 LAGRO CANAL 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
LAGRO CANAL FOUNDATION INC leans on a few funders — its largest provides 67% 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
99% 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 LAGRO CANAL FOUNDATION INC.
Largest funder’s share by year: 2018 100% · 2019 100% · 2020 99% · 2022 96% · 2023 67% — 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
99% of LAGRO CANAL FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2k that is directly attributable, 100% of it comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $288k 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
LAGRO CANAL FOUNDATION INC runs a healthier operating margin than three-quarters of the 14,550 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 14,550 arts & culture nonprofits under $100k, FY2024
Organizations like LAGRO CANAL 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
0% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for LAGRO CANAL 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 LAGRO CANAL FOUNDATION INC?
- LAGRO CANAL FOUNDATION INC (Indiana) receives grants from 5 organizations whose IRS filings report $289,985 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($195,000). 2 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does LAGRO CANAL FOUNDATION INC have?
- IRS filings report 5 organizations giving $289,985 in grants to LAGRO CANAL FOUNDATION INC, 2 of which have funded it in more than one year.
- Who is the largest funder of LAGRO CANAL FOUNDATION INC?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $195,000 in grants. The full list of funders is on this page.
- How can an organization like LAGRO CANAL 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 Lagro Canal →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), 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