Skip to main content

Nonprofit · EIN 45-4618430

INDIANAPOLIS FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46204

Financials

$58.5M$61.3M2023$130M$64.9M2024
Revenue Expenses · by fiscal year end
Financials of INDIANAPOLIS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$129,958,722$64,922,126$65,036,596$475,474,756$14,631,615$460,843,141
December 31, 2023990$58,478,024$61,335,402-$2,857,378$392,217,457$13,278,860$378,938,597
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,038,428
of which government grants
$18,505,769
Program service revenue
$1,622,968
Investment income
$28,297,326
Net gain from sales of assets
$21,466,910
Other revenue
$0

Expenses

Grants and similar amounts paid
$55,170,468
Compensation of officers, directors and key employees
$1,030,822
Other salaries and wages
$3,162,282
Salaries, compensation and benefits (total)
$5,752,979
Professional fundraising fees
$0
Legal fees
$104,920
Accounting fees
$68,871
Occupancy
$154,835
Travel
$118,678
Depreciation
$123,340
Program services (functional)
$60,202,182
Management and general (functional)
$3,444,262
Fundraising (functional)
$1,275,682

Balance sheet and other

Total assets, start of year
$392,217,457
Total assets, end of year
$475,474,756
Total liabilities, end of year
$14,631,615
Net assets, end of year
$460,843,141
Land, buildings and equipment
$51,069
Publicly traded securities
$260,592,271
Net assets without donor restrictions
$412,920,904
Net assets with donor restrictions
$47,922,237
Gross receipts
$192,251,537
Employees
32
Volunteers
6
Year formed
2012
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Lorenzo EstersPresident
Officer
39$414,054$12,806$68,379
Pamela RossVP COMM. LEAD. & EQUIT. INITS
Officer
40$240,868$0$37,472
Robert A MacphersonVP PHILANTHROPHY & DEVELOPMENT
Officer
40$201,326$0$70,774
ERIN TANNERCFO
Highest-paid employee
15$76,470$127,450$40,338
JENNIFER SCHRIERSENIOR DIRECTOR OF FINANCE
Highest-paid employee
14$47,436$88,095$50,534
GRACE FINDLEYCHIEF DEVELOPMENT AND PARTNERSHIPS OFFICER
Highest-paid employee
40$110,716$0$16,174
Kameelah Shaheed-DialloSecretary
Trustee or director, Officer
1$0$0$0
Katherline L DavisVice Chair
Trustee or director, Officer
1$0$0$0
Molly Wilkinson ChaversChair
Trustee or director, Officer
1$0$0$0
Cynthia Simon SkjodtBOARD MEMBER
Trustee or director
1$0$0$0
John David HahnBoard Member
Trustee or director
1$0$0$0
Lacy JohnsonBoard Member
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Brian PaynePresident and CEO (End 06/2023)
Officer
18$194,653$237,910$101,548
Jennifer K BartenbachCEO
Officer
13$111,848$227,086$33,894
Robert A MacphersonVP PHILANTHROPHY & DEVELOPMENT
Officer
40$202,385$0$63,425
Pamela RossVP COMM. LEAD. & EQUIT. INITS
Officer
40$215,120$0$27,078
CLAYTON DE FURDIRECTOR OF FAMILY PHILANTHROPY
Highest-paid employee
40$107,250$0$110,364
Lorenzo EstersPresident (Beg 06/2023)
Officer
39$171,185$5,294$19,047
John David HahnChair
Trustee or director, Officer
1$0$0$0
Katherline L DavisSecretary
Trustee or director, Officer
1$0$0$0
Molly Wilkinson ChaversVice-Chair
Trustee or director, Officer
1$0$0$0
Cynthia Simon SkjodtBOARD MEMBER
Trustee or director
1$0$0$0
Kameelah Shaheed-DialloBOARD MEMBER
Trustee or director
1$0$0$0
Lacy JohnsonBoard Member
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
615 N ALABAMA ST STE 300, INDIANAPOLIS, IN 46204-1431
In care of
% JENNIFER BARTENBACH
Mailing address (990-N for 2012)
615 N ALABAMA STREET STE 119, INDIANAPOLIS IN 46204
Principal officer (990 for 2024)
Lorenzo Esters, 615 NORTH ALABAMA Street, INDIANAPOLIS, IN 46204
Principal officer (990-N for 2012)
JENNIFER BARTENBACH, 615 N ALABAMA STREET STE 119, INDIANAPOLIS IN 46204
Signed the 990
ERIN TANNER, CHIEF FINANCIAL OFFICER
Phone
(317) 634-2423
Return prepared by
Forvis Mazars LLP

Mission

TO MOBILIZE PEOPLE, IDEAS, AND INVESTMENTS TO MAKE THIS A COMMUNITY WHERE ALL INDIVIDUALS HAVE EQUITABLE OPPORTUNITY TO REACH THEIR FULL POTENTIAL - NO MATTER PLACE, RACE OR IDENTITY.

990 for the year ended December 31, 2024

Program accomplishments

  • WE PROVIDE LEADERSHIP TO MAKE CENTRAL INDIANA A BETTER, MORE BEAUTIFUL, MORE EQUITABLE COMMUNITY.
    Expenses $28,710,647 · grants $27,033,410
  • WE HELP PEOPLE INVEST IN THE CAUSES THAT MATTER MOST TO THEM.
    Expenses $25,626,204 · grants $23,948,965 · revenue $1,622,968
  • WE AWARD GRANTS TO EFFECTIVE NOT-FOR-PROFIT ORGANIZATIONS.
    Expenses $5,865,331 · grants $4,188,093

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4618430
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$475,474,756
Income (IRS master file)
$192,251,537

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$129,958,722$64,922,126$475,474,756XML
990-TDecember 2024–––IRS
990December 2023$58,478,024$61,335,402$392,217,457XML
990-TDecember 2023–––IRS
990December 2022$46,491,674$44,058,959$358,046,080IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990-N for 2012
Officer: JENNIFER BARTENBACH
December 31, 2012≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about INDIANAPOLIS FOUNDATION INC

What is the EIN of INDIANAPOLIS FOUNDATION INC?
The employer identification number (EIN) of INDIANAPOLIS FOUNDATION INC is 45-4618430.
Is INDIANAPOLIS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to INDIANAPOLIS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDIANAPOLIS FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDIANAPOLIS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDIANAPOLIS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INDIANAPOLIS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Lorenzo Esters.
Who are the officers and directors of INDIANAPOLIS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 12 people; 6 received compensation from the organization, the highest $414,054 (Lorenzo Esters, President).
How much revenue does INDIANAPOLIS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $129,958,722, expenses of $64,922,126 and total assets of $475,474,756 at year end.

Other nonprofits in INDIANAPOLIS

All nonprofits in INDIANAPOLIS · Indiana · Community improvement and capacity building