Downtown Greensburg Development Corp

Foundation · Grantmaker GREENSBURG, IN EIN: 35-1653453

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$751K

+9.3% YoY

Annual Giving

$7K

-73.7% YoY

Grant Count

-60.0% YoY

Avg Grant Size

$3K

-34.3% YoY

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.

About Downtown Greensburg Development Corp

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $198K (100%)

States

Indiana

Cities

GreensburgRichmondVersailles

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$751,365	$687,570	$668,904
Revenue	$73,686	$47,993	$61,880
Expenses	$9,891	$29,327	$57,381
Qualifying Distributions	$9,185	$28,721	$55,960
Net Investment Income	$73,686	$47,993	$61,880
Distributable Amount	$43,573	$38,926	$41,075

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sas Far East Llc ($4,850), Julie Weber ($2,125).

Recipient	Purpose	Amount
SAS FAR EAST LLC RICHMOND, IN	BUSINESS DEVELOPMENT	$4,850
JULIE WEBER GREENSBURG, IN	BUSINESS DEVELOPMENT	$2,125

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JULIE WEBER	Director	1	—
BONNIE HOLADAY	Secretary	1	—
JUDY CURD	Treasurer	2	—
RONDA PEETZ	Director	1	—
MARK BURKERT	Director	1	—
JOHN NIEMAN	President	2	—
BOB BLANKMAN	Director	1	—
DICK GLASER	Vice President	2	—

Frequently Asked Questions

How large is Downtown Greensburg Development Corp?

As of 2024, Downtown Greensburg Development Corp holds $751K in total assets with $74K in annual revenue. It awarded 2 grants totaling $7K in 2024.

Where does Downtown Greensburg Development Corp operate?

Downtown Greensburg Development Corp has awarded grants in Indiana.

What size grants does Downtown Greensburg Development Corp award?

In 2024, Downtown Greensburg Development Corp awarded 2 grants totaling $7K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Downtown Greensburg Development Corp required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Downtown Greensburg Development Corp reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.