Indiana · Nonprofit
THE INDIANAPOLIS FOUNDATION INC
THE INDIANAPOLIS FOUNDATION INC (Indiana) receives grants from 16 organizations whose IRS filings report $40,693,410 to it, the largest being LILLY ENDOWMENT INC ($37,150,000). 6 of them have funded it in more than one year. THE INDIANAPOLIS FOUNDATION INC administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
Hosts funds for others
THE INDIANAPOLIS FOUNDATION INC administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programTHE INDIANAPOLIS FOUNDATION INC runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.
Paid out
$205M
Recipients
978
Contributions on record
$91M
Donors on record
20
Payments out run 2.3x the contributions on record, which says the incoming side is incomplete rather than that the vehicle is unusually busy: most donors to a fund like this are individuals, who file no return for us to read.
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.
- Lacy Foundationshared funderslocalportfolio match
- Griffith Family Foundation Inclocalportfolio match
- Independent Colleges of Indiana Incportfolio 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.
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: 2021 19% · 2022 21% · 2023 25% · 2024 14%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 8 funders, grant income rose $15k → $1.1M.
2 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $50M from 3 payers (the payer shares this organization's board, largest Indiana University Health Inc). These are real filings, and they are not money THE INDIANAPOLIS FOUNDATION INC raised.
From the IRS filings of THE INDIANAPOLIS 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.
Where its funders are
97% of THE INDIANAPOLIS 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. $36k arriving through sponsors registered in 2 statesis 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 16 funders put you under-funded among the 400 organizations that share them.
- Lacy Foundationshared funderslocalportfolio matchIN · backs 48 organizations that share your funders · funds 61 organizations near you · its grantees resemble your mission
- Griffith Family Foundation Inclocalportfolio matchIN · funds 54 organizations near you · its grantees resemble your mission
- Independent Colleges of Indiana Incportfolio matchits grantees resemble your mission
- Indiana Philanthropy Alliance Foundation Incportfolio matchits grantees resemble your mission
- Myrta J Pulliam Charitable Trust co Holly Pantzerportfolio matchits grantees resemble your mission
- Shaheen Family Foundation Incportfolio matchits grantees resemble your mission
- Indiana Philanthropy Alliance Incportfolio matchits grantees resemble your mission
- Mothershead Foundationportfolio matchits grantees resemble your mission
- Niel C & Karen M Ellerbrook Family Foundation Incportfolio matchits grantees resemble your mission
- Nicholas H Noyes Jr Memorial Foundationshared funderslocalIN · backs 134 organizations that share your funders · funds 256 organizations near you
- Christel DeHaan Family Foundation Incshared funderslocalIN · backs 68 organizations that share your funders · funds 117 organizations near you
- The Mind Trust Incshared funderslocalIN · backs 44 organizations that share your funders · funds 111 organizations near you
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.
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
93% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 9 related entities
- IF Charitable Holdings LLC · disregarded
- Central Indiana Community Foundation · exempt
- Indianapolis Parks Foundation · exempt
- The William E English Foundation · exempt
- Nextechorg Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE INDIANAPOLIS 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE INDIANAPOLIS FOUNDATION INC?
- THE INDIANAPOLIS FOUNDATION INC (Indiana) receives grants from 16 organizations whose IRS filings report $40,693,410 to it, the largest being LILLY ENDOWMENT INC ($37,150,000). 6 of them have funded it in more than one year. THE INDIANAPOLIS FOUNDATION INC administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
- How many funders does THE INDIANAPOLIS FOUNDATION INC have?
- IRS filings report 16 organizations giving $40,693,410 in grants to THE INDIANAPOLIS FOUNDATION INC, 6 of which have funded it in more than one year.
- Who is the largest funder of THE INDIANAPOLIS FOUNDATION INC?
- LILLY ENDOWMENT INC is the largest funder on record, with $37,150,000 in grants. The full list of funders is on this page.
- How can an organization like THE INDIANAPOLIS 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 FY2024 (financials across 2017–2024), and the filings of 16funders 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