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Indiana · Nonprofit

VINCENNES UNIVERSITY FOUNDATION INC

VINCENNES UNIVERSITY FOUNDATION INC (Indiana) receives grants from 31 organizations whose IRS filings report $15,001,366 to it, the largest being LILLY ENDOWMENT INC ($12,816,400). 15 of them have funded it in more than one year.

Revenue FY2025
$4.9M
Funders on record
31
Grants received
$15M
Net assets
$62M
15/31 repeat fundersgrants exceed reported revenue in one year
01What it does

What Vincennes University Foundation Inc does

Mission

To support the higher education and community service missions of vincennes university by seeking and receiving contributions from alumni and friends of the university and then maintaining, administering, and distributing these funds for the benefit of vincennes university and its students.

As stated on its FY2025 Form 990.

Programs

  1. During 2024-2025, the foundation awarded over $1,292,428 in scholarships, providing support to 458 students. These scholarships make a real and major difference in vincennes university's ability to recruit and retain academically talented and financially underserved students.

    $3,467,571 spentof which $3,016,912 as grants$773,914 earned by the program
    100% of program spending
  2. N/a

  3. N/a

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,467,571.

02The organization over time

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.

100 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($3.6M) Net assets 100 ($35M)2018 Revenue 133 ($2.5M) Expenses 102 ($3.7M) Net assets 98 ($35M)2019 Revenue 517 ($9.8M) Expenses 84 ($3.0M) Net assets 111 ($39M)2020 Revenue 120 ($2.3M) Expenses 76 ($2.7M) Net assets 112 ($40M)2021 Revenue 810 ($15M) Expenses 89 ($3.2M) Net assets 166 ($59M)2022 Revenue 183 ($3.5M) Expenses 140 ($5.0M) Net assets 141 ($50M)2023 Revenue 238 ($4.5M) Expenses 130 ($4.7M) Net assets 147 ($52M)2024 Revenue 468 ($8.9M) Expenses 195 ($7.0M) Net assets 164 ($58M)2025 Revenue 258 ($4.9M) Expenses 130 ($4.7M) Net assets 174 ($62M)
'17'18'19'20'21'22'23'24'25
Revenue (258)Expenses (130)Net assets (174)Peer revenue range

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 $104M to $132M (+26%).

$93M
$95M
$102M
$104M
$132M
$114M
$118M
$130M
$139M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

31% of VINCENNES UNIVERSITY FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$1.7M
’17
−$1.1M
’18
$6.8M
’19
−$436k
’20
$12M
’21
−$1.5M
’22
−$144k
’23
$1.9M
’24
$259k
’25
0.9
months of
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

Gregory W Sturm

Chair of the board

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed413635323028302729
Joined·+1+1+3+1+1+4+0+2
No longer listed·62633230
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 10 funders, grant income rose $39k → $914k.

12 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 VINCENNES UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 31 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

VINCENNES UNIVERSITY FOUNDATION INC leans on a few funders — its largest provides 85% of grant income and the top three 90%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85%
largest funder
90%
top three
~1
effective funders

Largest funder’s share by year: 2017 28% · 2018 47% · 2019 58% · 2020 95% · 2021 99% · 2022 90% · 2023 82% — 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

47% of VINCENNES UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 48% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

98% of VINCENNES UNIVERSITY FOUNDATION INC's grant income comes from Indiana funders.

IN
MO
VA
DE
TN
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $899k arriving through sponsors registered in 9 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.

04Its place in the field

Against its field

VINCENNES UNIVERSITY FOUNDATION INC runs a healthier operating margin than half of the 9,398 education nonprofits its size.

Operating margin5% · above the median
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like VINCENNES UNIVERSITY 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 19%Fundraising 7%

Governance

27
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Vincennes University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VINCENNES UNIVERSITY 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.

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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 VINCENNES UNIVERSITY FOUNDATION INC?
VINCENNES UNIVERSITY FOUNDATION INC (Indiana) receives grants from 31 organizations whose IRS filings report $15,001,366 to it, the largest being LILLY ENDOWMENT INC ($12,816,400). 15 of them have funded it in more than one year.
How many funders does VINCENNES UNIVERSITY FOUNDATION INC have?
IRS filings report 31 organizations giving $15,001,366 in grants to VINCENNES UNIVERSITY FOUNDATION INC, 15 of which have funded it in more than one year.
Who is the largest funder of VINCENNES UNIVERSITY FOUNDATION INC?
LILLY ENDOWMENT INC is the largest funder on record, with $12,816,400 in grants. The full list of funders is on this page.
How can an organization like VINCENNES UNIVERSITY 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 31 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