Downtown Greensburg Development Corp
Downtown Greensburg Development Corp is a private foundation, based in Greensburg, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $751K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $74K.
Downtown Greensburg Development Corp at a glance
In short: Downtown Greensburg Development Corp gave $7K across 2 grants in 2024 (avg $3K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $6,975
- -73.7% vs 2023
- Grants made (2024)
- 2
- -60.0% vs 2023
- Average grant
- $3,488
- -34.3% vs 2023
- Median grant
- $3,488
- Total assets
- $751,365
- +9.3% vs 2023
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Downtown Greensburg Development Corp funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was SAS Far East LLC ($5K). Together the top 2 received $7K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Downtown Greensburg Development Corp gives
- Giving fell 89% from 2021 to 2024. Method
- In 2024 it paid out 21% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $7K (2024) to $62K (2021). In 2024 it made 2 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SAS Far East LLC Richmond, IN | Business Development | $4,850 |
| Julie Weber Greensburg, IN | Business Development | $2,125 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $751,365 | $73,686 | $9,891 | $6,975 | 2 | $9,185 | $73,686 | $43,573 |
| 2023 | $687,570 | $47,993 | $29,327 | $26,537 | 5 | $28,721 | $47,993 | $38,926 |
| 2022 | $668,904 | $61,880 | $57,381 | $53,722 | 4 | $55,960 | $61,880 | $41,075 |
| 2021 | $664,405 | $76,298 | $65,557 | $62,173 | 6 | $64,962 | $76,298 | $45,278 |
| 2020 | $653,665 | $42,792 | $50,945 | $48,146 | 8 | — | $42,792 | $38,805 |
| 2019 | $661,817 | $40,887 | $57,131 | $52,272 | 5 | — | $40,887 | $38,500 |
Under IRS private-foundation payout rules, Downtown Greensburg Development Corp reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Downtown Greensburg Development Corp is led by John Nieman, President since 2023 (on filings since 2019); none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Nieman
President
Director → President, 2023
On filings since 2019
2 hrs/week
No compensation reported
Mark Burkert
Director
President → Vice President, 2020
Vice President → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
Ronda Peetz
Director
On filings since 2019
1 hr/week
No compensation reported
Julie Weber
Director
On filings since 2022
1 hr/week
No compensation reported
Bob Blankman
Director
On filings since 2023
1 hr/week
No compensation reported
Bonnie Holaday
Secretary
Director → Secretary, 2024
On filings since 2019
1 hr/week
No compensation reported
Judy Curd
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Dick Glaser
Vice President
Director → Vice President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Former officers (6)
- Former: Karen Buening (2019–2023) — Director
- Former: Leslie Thackery (2019–2023) — Director
- Former: Melanie Maxwell (2019–2023) — Director
- Former: Jonathan Speer (2019–2021) — Director
- Former: Drew Young (2020–2021) — Director
- Former: Matthew Bailey (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Downtown Greensburg Development Corp
How much does Downtown Greensburg Development Corp give each year?
Downtown Greensburg Development Corp gave $7K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 5 grants.
How large is Downtown Greensburg Development Corp?
Downtown Greensburg Development Corp reported $751K in total assets on its 2024 IRS Form 990-PF. It paid out $9K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Downtown Greensburg Development Corp operate?
Downtown Greensburg Development Corp has awarded grants in Indiana.
What is Downtown Greensburg Development Corp's EIN?
Downtown Greensburg Development Corp's EIN (Employer Identification Number) is 35-1653453. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 23, 2020)
- IRS filings on file for fiscal years 2019–2024
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