Centra Foundation Inc is a private 501(c)(3) foundation based in Columbus, Indiana. Founded in 2012, it serves as the charitable arm of Centra Credit Union and is dedicated to the philosophy of "people helping people." The foundation provides financial support to nonprofit organizations located where Centra members live and work.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$333K
+31.5% YoY
Grant Count
67
+13.6% YoY
Avg Grant Size
$5K
+15.8% YoY
Mission & Focus Areas
The Centra Foundation seeks to create value for members, team members, and communities through charitable giving. The foundation's impact areas include:
- Financial empowerment
- Scholarships and career development
- Social responsibility
- Emergent community needs
The foundation focuses on three primary philanthropic efforts: scholarships, financial education, and community action.
Grantmaking
Average Grant
amount: $222–$85,000
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Geographic Focus
Where this funder awards grants
The foundation primarily serves communities where Centra Credit Union members and employees live and work, with emphasis on:
- Columbus, Indiana
- Indianapolis, Indiana
- Additional service areas in Indiana, New York, and North Carolina
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
2023 Financial Summary:
- Total assets: $30,890
- Total revenues: $254,670
- Total expenses: $273,361
- Total liabilities: $0
- Grants and contributions: $254,609
- Investment income and dividends: $61
Funding Sources: The Centra Foundation is funded by Centra Credit Union, members, team members, and community and business partners.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
239 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Burd Scholarships 36 ($90,000), United Way of Bartholomew County ($49,671), Salvation Army New Albany ($11,197).
| Recipient | Purpose | Amount |
|---|---|---|
| BURD SCHOLARSHIPS 36 COLUMBUS, IN | CHARITABLE | $90,000 |
| UNITED WAY OF BARTHOLOMEW COUNTY COLUMBUS, IN | CHARITABLE | $49,671 |
| SALVATION ARMY NEW ALBANY NEW ALBANY, IN | CHARITABLE | $11,197 |
| FRATERNAL ORDER OF POLICE COPS AND KIDS JACKSON COUNTY SEYMOUR, IN | CHARITABLE | $10,688 |
| SCOTT COUNTY SHOP WITH THE SHERIFF SCOTTSBURG, IN | CHARITABLE | $10,055 |
| TURNING POINT HOLIDAY STORE COLUMBUS, IN | CHARITABLE | $5,130 |
| COLUMBUS FIREMEN'S CHEER FUND COLUMBUS, IN | CHARITABLE | $5,130 |
| COLUMBUS SHOP WITH A COP COLUMBUS, IN | CHARITABLE | $5,130 |
| GOOD SAMARITAN FOOD PANTRY NORTH VERNON, IN | CHARITABLE | $5,104 |
| THE CARING CENTER LEBANON, IN | CHARITABLE | $3,215 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADAM MANN | VOTING MEMBER | 1.5 | — |
| BOBBI BROWNING | VOTING MEMBER | 1.5 | — |
| BRAD DAVIS | VOTING MEMBER | 1.5 | — |
| DIANA DUNN | VOTING MEMBER | 1.5 | — |
| HEATHER SHAFER | VOTING MEMBER | 1.5 | — |
| JAMES MURRAY | VOTING MEMBER | 1.5 | — |
| JENNI CARR | VOTING MEMBER | 1.5 | — |
| KARL KISSINGER | VOTING MEMBER | 1.5 | — |
| TELICIA WHITE | VOTING MEMBER | 1.5 | — |
| KEVINA SHUMAKER | CHAIR | 1.5 | — |
| MARQUES JOHNSON | VICE CHAIR | 1.5 | — |
| ADDIE BODE | SECRETARY | 1.5 | — |
| SARAH STAIR | TREASURER | 1.5 | — |
Recent News & Activity
Recent developments and announcements
The Centra Foundation announced in January 2026 that scholarship applications for the 2026 Loretta M. Burd Scholarship Program are open, with 34 scholarships to be awarded to graduating high school seniors and adult students for fall 2026.
Centra Foundation receives $450,000 grant from Al Stroobants Foundation toIn December 2024, Centra members, team members, and community members raised more than $70,400 through the Holiday Giving Program to support local children in need across multiple communities served by Centra.
Centra Foundation receives $450K grant from Al Stroobants Foundation to supportSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Centra Foundation Inc fund?
The Centra Foundation seeks to create value for members, team members, and communities through charitable giving. The foundation's impact areas include: • Financial empowerment • Scholarships and career development • Social responsibility • Emergent community needs The foundation focuses on three primary philanthropic efforts: scholarships, financial education, and community action.
How do I apply for a grant from Centra Foundation Inc?
**Grant Activity:** • Total giving in 2023: $252,955 • Average grant amount: $222–$85,000 • Recent grants include: • Sans Souci: $5,000 (2023) • Good Samaritan Food Pantry: $4,977 (2023) • Outside The Walls: $2,500 (2023) • 25 additional grants totaling approximately $65,558 (2023) **Programs:** *Loretta M. Burd Scholarship Program:* The foundation awards 34 scholarships annually to graduating high school seniors and adult students for fall enrollment. Each Centra branch location presents one $…
Where does Centra Foundation Inc make grants?
The foundation primarily serves communities where Centra Credit Union members and employees live and work, with emphasis on: • Columbus, Indiana • Indianapolis, Indiana • Additional service areas in Indiana, New York, and North Carolina
What size grants does Centra Foundation Inc award?
In 2024, Centra Foundation Inc awarded 67 grants totaling $333K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is Centra Foundation Inc's EIN?
Centra Foundation Inc's EIN (Employer Identification Number) is 45-5288066. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Centra Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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