Central Indiana Community Foundation Inc
91% goes to programs $8 to raise $100 Strong reserves
Central Indiana Community Foundation Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1990, with $48,459,276 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
615 N Alabama St Ste 300, Indianapolis, IN, 46204 EIN 35-1793680 Since 1990
Revenue (FY2024)
$48.5M
▼ 28.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$46.5M
Net assets
$570.9M
Employees
30
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating91% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Central Indiana Community Foundation Inc: 91% to programs · $8 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating147 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Indiana Community Foundation Inc: 147 mo reserves · +4% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Indiana Community Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Indiana Community Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Cicf is a catalyst for progress, and a supporter of visionary ideas with the power to improve our community and the lives of its residents.
What they do
We award grants to effective not-for-profit organizations.
We provide leadership to make central indiana a better, more beautiful, more equitable community.
Contact & location
- Address
- 615 N Alabama St Ste 300, Indianapolis, IN, 46204
- City
- Indianapolis
- State
- Indiana
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $73.3M (FY2013) to $48.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12.6MNet assets $570.9M
Operating margin
3.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$583.5M
Total liabilities
$12.6M
Net assets
$570.9M
Salaries & benefits
$3.6M
8% of expenses
Board members
20
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $48,459,276▼28.5% | $46,546,712▲11.6% | $570,888,379▲7.2% | $583,467,973▲6.7% | 990 |
| 2023 | $67,778,335▲14.1% | $41,699,689▼23.6% | $532,548,971▲15.5% | $546,807,672▲14.3% | 990 |
| 2022 | $59,378,776▲5.7% | $54,590,350▲6.7% | $460,973,622▼13.6% | $478,310,538▼12.7% | 990 |
| 2021 | $56,175,018▼27.0% | $51,142,668▲5.7% | $533,605,494▲15.2% | $548,109,976▲14.5% | 990 |
| 2020 | $76,912,711▼1.5% | $48,385,726▲35.1% | $463,287,493▲6.7% | $478,631,014▲6.8% | 990 |
| 2019 | $78,063,459▲3740% | $35,826,845▲12.6% | $434,263,629▲10.6% | $447,971,651▲9.8% | 990 |
| 2018 | -$2,144,444▼105% | $31,807,187▲15.8% | $392,476,843▼7.9% | $407,923,318▼8.1% | 990 |
| 2017 | $41,014,382▲28.5% | $27,466,633▼24.8% | $426,320,110▲11.2% | $444,073,426▲10.3% | 990 |
| 2016 | $31,907,048▼6.0% | $36,515,327▲36.2% | $383,276,511▲2.3% | $402,686,160▲3.7% | 990 |
| 2015 | $33,950,424▼15.3% | $26,813,292▲0.7% | $374,726,045▼1.8% | $388,336,104▼2.0% | 990 |
| 2014 | $40,078,984▼45.3% | $26,638,958▼32.9% | $381,729,530▲0.9% | $396,310,177▲1.6% | 990 |
| 2013 | $73,251,041 | $39,702,754▼4.5% | $378,204,214▼16.1% | $389,932,395▼18.3% | 990 |
| 2012 | — | $41,594,610▲16.3% | $450,881,674▲7.9% | $477,294,973▲7.1% | 990 |
| 2011 | — | $35,763,152▲25.2% | $417,756,122▼2.8% | $445,843,918▼2.6% | 990 |
| 2010 | — | $28,555,450 | $429,972,559 | $457,654,609 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jennifer K Bartenbach — $406,515 (0.87% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jennifer K Bartenbach | Ceo | 38 | $406,515 |
| Tamara Winfrey-harris | Women's Fund President | 40 | $190,717 |
| Erin Tanner | Cfo | 19 | $96,862 |
| Jennifer Turner | Vice President of Philanthropy | 24 | $89,605 |
| Lacy Wooden | Vp For People Culture and Brand | 24 | $86,899 |
| Sarah Weaver | Chief of Staff | 20 | $86,736 |
| Jennifer Schrier | Senior Director of Finance | 22 | $74,542 |
| Andrea Fonseca | Secretary | 1 | — |
| Charlie Sutphin | Director | 1 | — |
| Cindy Simon Skjodt | Director | 1 | — |
| David Becker | Director | 1 | — |
| Duane Ingram | Director | 1 | — |
| Eddie Rivers | Director | 1 | — |
| Jasmin French | Board Vice Chair | 1 | — |
| John Hoover | Director | 1 | — |
| Kameelah Shaheed-diallo | Director | 1 | — |
| Kathy Davis | Treasurer | 1 | — |
| Kristy Murphy | Director | 1 | — |
| Lacy Johnson | Director | 1 | — |
| Lisa Allen | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Forty5 LLC DBA the Vogue | Event Management | $514,512 |
| Mbm Construction Service LLC | Construction | $375,429 |
| Forvis LLP | Accounting Services | $263,639 |
| Marc Bessiake DBA Bessiake Vision LLC | Media Production | $199,401 |
| Terry L Mazany | Consultant | $173,309 |
Grants received · $21.9M total
128 grants to Central Indiana Community Foundation Inc totaling $21.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Dechomai Foundation Inc | Unrestricted | 2024 | $1,066,783 |
| National Urban League Inc | Direct grants to small businesses | 2024 | $350,000 |
| Indiana University Health Inc | Community benefit | 2024 | $25,000 |
| Network For Good Inc | Unrestricted | 2024 | $11,442 |
| American Endowment Foundation | Philanthropy | 2024 | $10,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,427 |
| American Online Giving Foundation Inc | General support | 2024 | $6,143 |
| The Blackbaud Giving Fund | General support | 2024 | $6,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| National Christian Charitable Foundation | Support | 2023 | $1,018,000 |
| National Urban League Inc | Direct grants to small businesses | 2023 | $350,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $123,880 |
| Indiana University Health Inc | Community benefit | 2023 | $102,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $30,300 |
| Indiana University Health Inc | General support | 2023 | $25,000 |
Grants made · $31.1M in FY2024
525 grants totaling $31.1M in FY2024 — showing the 15 largest. All grants made by Central Indiana Community Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Foundation | Providing patient-centered contraception care | $1,809,915 |
| Nature Conservancy | Charitable contribution | $1,099,580 |
| Gleaners Food Bank of Indiana Inc | To be applied to september corteva match | $741,732 |
| American Pianists Asso Inc | 2024 distribution | $652,458 |
| B&o Trail Association Inc | Next level trail project | $618,143 |
| Indiana Canine Assistant Network Inc | To be used at the organization's discretion | $418,264 |
| Cathedral Trustees Inc | Fy24 endowment draw | $368,427 |
| Newfields Inc | General operating support | $365,515 |
| Roosevelt University | 2023 match challenge black male leadership academy | $355,000 |
| Child Care Answers of Central Indiana | Strengthen indy child care grant program | $355,000 |
| Alzheimers Disease and Related Disorders Association Inc | To be used at the organization's discretion | $353,900 |
| Techpoint Foundation Inc | 2024 distribution | $345,000 |
| Speedway Trails Association | B&o trail construction | $320,416 |
| Marian University | Drew hall | $315,750 |
| Conservation Law Center Inc | General operating, marketing consultant support and match challenge support | $300,000 |
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Compare Central Indiana Community Foundation Inc
Frequently asked questions
- Is Central Indiana Community Foundation Inc a legitimate nonprofit?
- Yes. Central Indiana Community Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1793680, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Central Indiana Community Foundation Inc's EIN?
- Central Indiana Community Foundation Inc's Employer Identification Number (EIN) is 35-1793680.
- How much revenue does Central Indiana Community Foundation Inc report?
- Central Indiana Community Foundation Inc reported $48,459,276 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Central Indiana Community Foundation Inc's spending goes to programs?
- Central Indiana Community Foundation Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Indiana Community Foundation Inc have?
- CharityIndex grades Central Indiana Community Foundation Inc A, based on program efficiency and fundraising cost.
- How much does Central Indiana Community Foundation Inc's highest-paid employee make?
- The highest reported compensation on Central Indiana Community Foundation Inc's latest Form 990 is $406,515, paid to Jennifer K Bartenbach (Ceo).
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Data for Central Indiana Community Foundation Inc (EIN 35-1793680) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.