Community Foundation of Southern Indiana Inc
91% goes to programs $7 to raise $100 Strong reserves Growing revenue
Community Foundation of Southern Indiana Inc is a 501(c)(3) organization based in New Albany, Indiana, registered in 1991, with $9,873,544 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
4108 Charlestown Rd, New Albany, IN, 47150 EIN 35-1827813 Since 1991
Revenue (FY2024)
$9.9M
▼ 6.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$8.4M
Net assets
$55.5M
Employees
9
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 · $7 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 Community Foundation of Southern Indiana Inc: 91% to programs · $7 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating80 mo reserves · +15% 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 Community Foundation of Southern Indiana Inc: 80 mo reserves · +15% 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 Community Foundation of Southern Indiana 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 Community Foundation of Southern Indiana Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To build enduring charitable resources used to positively impact our community by: serving as a partner and resource for donors, their advisors, and not-for-profit organizations; making it simple for donors to fulfill their individual goals in giving back; providing stewardship of donor gifts and charitable intent for generations to come; fulfilling a leadership role on important community issues
What they do
Education matters southern indiana - to strengthen our workforce and improve the economic advantages of our region by increasing the educational attainment of adults with some post-secondary education but no degree or certification.
Women's foundation of southern indiana - to improve the quality of life for girls, and women and their families in southern indiana.
Contact & location
- Address
- 4108 Charlestown Rd, New Albany, IN, 47150
- City
- New Albany
- State
- Indiana
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.7M (FY2013) to $9.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $103.6MNet assets $55.5M
Operating margin
15.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$159.1M
Total liabilities
$103.6M
Net assets
$55.5M
Salaries & benefits
$851K
10% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,873,544▼6.1% | $8,374,856▲2.2% | $55,529,618▲10.1% | $159,100,400▲6.7% | 990 |
| 2023 | $10,518,355▲155% | $8,192,660▲2.2% | $50,441,283▲17.7% | $149,140,581▲9.4% | 990 |
| 2022 | $4,123,125▼48.9% | $8,013,145▲0.4% | $42,838,136▲5.9% | $136,303,600▲5.8% | 990 |
| 2021 | $8,060,969▼15.5% | $7,978,338▲10.1% | $40,442,672▼17.7% | $128,848,099▼17.8% | 990 |
| 2020 | $9,538,943▼14.5% | $7,245,352▼5.2% | $49,147,776▲27.3% | $156,834,982▲25.1% | 990 |
| 2019 | $11,160,331▼23.8% | $7,640,555▲12.8% | $38,620,571▲10.8% | $125,331,367▲3.7% | 990 |
| 2018 | $14,638,938▲41.3% | $6,772,466▲20.7% | $34,843,224▲8.7% | $120,889,311▲12.9% | 990 |
| 2017 | $10,361,979▼85.7% | $5,610,081▲161% | $32,042,011▲4.1% | $107,106,459▲2.2% | 990 |
| 2016 | $72,453,771▲1173% | $2,150,782▲3.1% | $30,772,432▲6.6% | $104,809,006▲227% | 990 |
| 2015 | $5,690,887▲51.4% | $2,085,884▲19.2% | $28,869,634▲12.8% | $32,036,992▲4.8% | 990 |
| 2014 | $3,759,842▲38.8% | $1,749,358▼28.6% | $25,597,980▲5.5% | $30,557,022▲10.2% | 990 |
| 2013 | $2,707,945 | $2,451,513▲35.4% | $24,264,224▲12.4% | $27,728,617▲11.6% | 990 |
| 2012 | — | $1,810,780▲5.8% | $21,578,704▲10.9% | $24,849,612▲10.4% | 990 |
| 2011 | — | $1,712,303▲12.3% | $19,466,343▲0.4% | $22,507,283▲4.7% | 990 |
| 2010 | — | $1,525,151▼37.7% | $19,390,471▲10.9% | $21,496,428▲9.1% | 990 |
| 2009 | — | $2,449,110 | $17,480,883 | $19,696,935 | 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: Linda Speed — $220,039 (2.63% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Linda Speed | President/ceo | 40 | $220,039 |
| John Elliott | Chief Financial Officer | 40 | $101,917 |
| Amy Letke Antonini | Board Member | 2 | — |
| Andrew Burdsall | Board Member | 2 | — |
| David Reinhardt | Secretary | 2 | — |
| D Keith Pulliam | Chair | 5 | — |
| Eric Howard | Board Member | 2 | — |
| Greg Nash | Vice-chair | 2 | — |
| Jay Conner | Board Member | 2 | — |
| Jessica Carroll | Past Chair | 2 | — |
| Jim Plitz | Board Member | 2 | — |
| Leah Driver | Board Member | 2 | — |
| Melissa Fry | Board Member | 2 | — |
| Nicole Atkins | Board Member | 2 | — |
| Regina Beckman | Board Member | 2 | — |
| Rich Boling | Board Member | 2 | — |
| S Butch Shaw | Treasurer | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mariner Institutional LLC | Advisory | $119,538 |
Grants received · $141K total
9 grants to Community Foundation of Southern Indiana Inc totaling $141K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $42,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $18,100 |
| National Christian Charitable Foundation | Support | 2020 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2018 | $10,600 |
| National Christian Charitable Foundation | Support | 2018 | $10,000 |
| The Community Foundation of Louisville Inc | Philanthropy, voluntarism | 2017 | $20,000 |
| National Christian Charitable Foundation | Support | 2017 | $10,000 |
| National Christian Charitable Foundation | Human services | 2016 | $10,000 |
| National Christian Charitable Foundation | Social, civic and public policy | 2015 | $10,100 |
Grants made · $5.4M in FY2024
42 grants totaling $5.4M in FY2024 — showing the 15 largest. All grants made by Community Foundation of Southern Indiana Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Floyd County Treasurer | To further the exempt purpose of the organization | $4,041,306 |
| Community Foundation Partnership Inc | To further the exempt purpose of the organization | $525,044 |
| Town of Georgetown | To further the exempt purpose of the organization | $155,000 |
| Family Health Center of Clark County Inc | To further the exempt purpose of the organization | $50,000 |
| Ivy Tech Foundation Inc | To further the exempt purpose of the organization | $47,660 |
| Revelation Wellness Foundation | To further the exempt purpose of the organization | $40,000 |
| Metro United Way Inc | To further the exempt purpose of the organization | $31,245 |
| American National Red Cross | To further the exempt purpose of the organization | $26,185 |
| Impact100 Southern Indiana Inc | To further the exempt purpose of the organization | $25,200 |
| Nelson County Schools Community Support Inc | To further the exempt purpose of the organization | $25,000 |
| Beloved Asheville | To further the exempt purpose of the organization | $25,000 |
| College Heights Foundation Inc | To further the exempt purpose of the organization | $25,000 |
| St Elizabeth Catholic Charities Inc | To further the exempt purpose of the organization | $24,400 |
| Stage One the Louisville Childrens Theatre Inc | To further the exempt purpose of the organization | $23,750 |
| Sacred Heart Schools Inc | To further the exempt purpose of the organization | $20,500 |
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Frequently asked questions
- Is Community Foundation of Southern Indiana Inc a legitimate nonprofit?
- Yes. Community Foundation of Southern Indiana Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1827813, based in New Albany, Indiana. Donations are tax-deductible.
- What is Community Foundation of Southern Indiana Inc's EIN?
- Community Foundation of Southern Indiana Inc's Employer Identification Number (EIN) is 35-1827813.
- How much revenue does Community Foundation of Southern Indiana Inc report?
- Community Foundation of Southern Indiana Inc reported $9,873,544 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Community Foundation of Southern Indiana Inc's spending goes to programs?
- Community Foundation of Southern Indiana Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Foundation of Southern Indiana Inc have?
- CharityIndex grades Community Foundation of Southern Indiana Inc A, based on program efficiency and fundraising cost.
- How much does Community Foundation of Southern Indiana Inc's highest-paid employee make?
- The highest reported compensation on Community Foundation of Southern Indiana Inc's latest Form 990 is $220,039, paid to Linda Speed (President/ceo).
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Data for Community Foundation of Southern Indiana Inc (EIN 35-1827813) 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.