Centra Foundation Inc logo

Centra Foundation Inc

COLUMBUS, IN EIN: 45-5288066 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

6states

Cities

AMOASHEBOROCARMELCARYCHARLESTOWNCLARKSVILLECOLORADO SPRINGSCOLUMBUSCORYDONDENTONFRANKLINGREENSBURGHENRYVILLEHOPEINDIANAPOLISJAMESTOWNJEFFERSONVILLELEBANONLOUISVILLEMADISON

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$83K$166K$249K$333K39 grants202052 grants202154 grants202259 grants202367 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BURD SCHOLARSHIPS 36$90KUNITED WAY OF BARTHOLOME…$50KSALVATION ARMY NEW ALBANY$11KFRATERNAL ORDER OF POLIC…$11KSCOTT COUNTY SHOP WITH T…$10KTURNING POINT HOLIDAY ST…$5KCOLUMBUS FIREMEN'S CHEER…$5KCOLUMBUS SHOP WITH A COP$5KGOOD SAMARITAN FOOD PANTRY$5KTHE CARING CENTER$3K

Grant Size Distribution

239 grants across all recorded years

234<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ADAM MANNVOTING MEMBER1.5
BOBBI BROWNINGVOTING MEMBER1.5
BRAD DAVISVOTING MEMBER1.5
DIANA DUNNVOTING MEMBER1.5
HEATHER SHAFERVOTING MEMBER1.5
JAMES MURRAYVOTING MEMBER1.5
JENNI CARRVOTING MEMBER1.5
KARL KISSINGERVOTING MEMBER1.5
TELICIA WHITEVOTING MEMBER1.5
KEVINA SHUMAKERCHAIR1.5
MARQUES JOHNSONVICE CHAIR1.5
ADDIE BODESECRETARY1.5
SARAH STAIRTREASURER1.5

Recent News & Activity

Recent developments and announcements

2026

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 to
2024

In 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 support

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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