Community Foundation of Southern
The Community Foundation of Southern Indiana (CFSI) is a tax-exempt public charity and community foundation established in 1991. Based in New Albany, Indiana, the organization serves as a partner, resource, and steward for philanthropy in the region. CFSI holds over 240 individual funds created by individuals, families, businesses, and nonprofit organizations, providing a structure for donors to support charitable objectives in flexible and meaningful ways.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$149.1M
+9.4% YoY
Annual Giving
$5.6M
-2.7% YoY
Grant Count
52
-1.9% YoY
Avg Grant Size
$107K
-0.8% YoY
Mission & Focus Areas
Mission Statement: To build enduring charitable resources used to positively impact the community by:
- Serving as a partner and resource for donors, their advisors, and area nonprofits
- 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
Vision Statement: To be the partner and trusted resource for philanthropy in the community, providing stewardship of charitable intent so the impact of generosity will last for generations.
Core Values:
- Integrity/Ethical Behavior
- Stewardship
- Excellence
- Passion
- Leadership
- Donor Service
Primary Focus Areas: Funds are used to assist and benefit people in Clark and Floyd Counties through support of health, education, cultural, civic, and recreational programs.
Grantmaking
The year-round program focuses on improving organizations' operating capacity to continue providing essential services. Capacity building grants allow organizations to highlight their vision and strategic planning efforts to grow and sustain operations, representing a continuous improvement strategy toward creating sustainable and effective organizations.
Ready to take the next step with Community Foundation of Southern?
Geographic Focus
Where this funder awards grants
The Community Foundation of Southern Indiana serves Clark and Floyd Counties in Southern Indiana, with additional support extending to Martin, Lawrence, and other counties in the region through designated fund distributions.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $149,140,581
- Total Revenues: $10,518,355
- Total Expenses: $8,192,660
- Funds Managed: Over 240 individual funds
Historical Context: The foundation was established in 1991 with nearly $1 million in initial funding and a handful of funds, supported by a group of Southern Indiana residents and funds from the Indianapolis-based Lilly Endowment Inc.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $149,140,581 | $136,303,600 | $128,848,099 |
| Revenue | $10,518,355 | $4,123,125 | $8,060,969 |
| Expenses | $8,192,660 | $8,013,145 | $7,978,338 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,827,247 | $3,120,026 | $6,649,810 |
| 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
250 grants across all recorded years
Open Grants
8 open opportunities from Community Foundation of Southern
Capacity Building Grant
COMMUNITY FOUNDATION OF SOUTHERN
Amount
US $5,000 - US $25,000
Deadline
Rolling / Open
CFSI Education Fund Scholarship Grant
COMMUNITY FOUNDATION OF SOUTHERN
Amount
US $2,000
Deadline
Rolling / Open
CFSI Health Careers Scholarship
COMMUNITY FOUNDATION OF SOUTHERN
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer: Ms. Linda Speed
Staff: The organization employs 10 staff members (as of 2024).
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGINA BECKMAN | BOARD MEMBER | 2 | — |
| RICH BOLING | BOARD MEMBER | 2 | — |
| MELISSA FRY | BOARD MEMBER | 2 | — |
| ERIC HOWARD | BOARD MEMBER | 2 | — |
| MIKE JOHNSON | BOARD MEMBER | 2 | — |
| AMY NEWBANKS LETKE | BOARD MEMBER | 2 | — |
| GREG NASH | BOARD MEMBER | 2 | — |
| LINDSEY NEELY | BOARD MEMBER | 2 | — |
| DAVID REINHARDT | BOARD MEMBER | 2 | — |
| JESSICA CARROLL | CHAIR | 5 | — |
| D KEITH PULLIAM | VICE CHAIR | 2 | — |
| S BUTCH SHAW | TREASURER | 2 | — |
| SCOTT WATERS | SECRETARY | 2 | — |
| SHARON HANDY | PAST CHAIR | 2 | — |
| LINDA SPEED | PRESIDENT/CEO | 40 | $221,296 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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