Indiana · Nonprofit
UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC
UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC (Indiana) receives grants from 40 organizations whose IRS filings report $8,575,326 to it, the largest being UNIVERSITY OF EVANSVILLE ($4,000,000). 19 of them have funded it in more than one year.
- Revenue FY2025
- $24M
- Funders on record
- 40
- Grants received
- $8.6M
- Net assets
- $233M
What University of Southern Indiana Foundation Inc does
Mission
The USI Foundation's mission is to attract, acquire, and manage donors' charitable gifts to support and sustain the goals of the University of Southern Indiana.
As stated on its FY2025 Form 990.
Programs
The USI Foundation provides scholarships and awards to students enrolled at the University of Southern Indiana. Approximately 2,300 scholarships and awards were provided to students during the current fiscal year.
$3,572,537 spentof which $3,572,223 as grants63% of program spendingThe USI Foundation provides other various support to the University of Southern Indiana including support for the Alumni Association, Athletics, Historic New Harmony, and other various initiatives.
$1,054,240 spentof which $1,019,001 as grants19% of program spendingThe USI Foundation provides educational and academic enhancements directly to the University of Southern Indiana. This includes faculty enhancement initiatives, faculty research award stipends, and direct funding for academic departments.
$924,436 spentof which $923,383 as grants16% of program spendingThe USI Foundation provides support for community outreach initiatives and artwork acquisitions of the University of Southern Indiana.
$131,548 spentof which $131,548 as grants2% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,682,761.
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 2020 to 2021, from $145M to $190M (+31%).
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 2% · 2018 1% · 2019 2% · 2020 4% · 2021 1% · 2022 1% · 2023 3% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
60% of UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 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.
Board chair
Jean M Blanton
Director/Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 10 funders to 14 funders, grant income rose $217k → $469k.
13 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% 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 UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC’s funders (the co-funder graph). Top 30 of 40 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
UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC leans on a few funders — its largest provides 47% of grant income and the top three 63%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
80% 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 UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC.
Largest funder’s share by year: 2017 21% · 2018 94% · 2019 34% · 2020 31% · 2021 32% · 2022 26% · 2023 32% — 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
42% of UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC's funders are still giving 3 years after their first grant; 48% 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
83% of UNIVERSITY OF SOUTHERN INDIANA 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. $2.4M arriving through sponsors registered in 10 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
UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,758 education nonprofits its size.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like UNIVERSITY OF SOUTHERN INDIANA 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
82% of spending goes to programs.
Governance
Public support
38%
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 2 related entities
- Southern Indiana Higher Education · disregarded
- University of Southern Indiana · exempt
Screen this organization
A dated, signed PDF of the compliance screen for UNIVERSITY OF SOUTHERN INDIANA 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 UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC?
- UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC (Indiana) receives grants from 40 organizations whose IRS filings report $8,575,326 to it, the largest being UNIVERSITY OF EVANSVILLE ($4,000,000). 19 of them have funded it in more than one year.
- How many funders does UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC have?
- IRS filings report 40 organizations giving $8,575,326 in grants to UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC, 19 of which have funded it in more than one year.
- Who is the largest funder of UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC?
- UNIVERSITY OF EVANSVILLE is the largest funder on record, with $4,000,000 in grants. The full list of funders is on this page.
- How can an organization like UNIVERSITY OF SOUTHERN INDIANA 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 2017–2025), and the filings of 40 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