Downtown Optimist Foundation
Downtown Optimist Foundation is a private foundation focused on Health, based in Indianapolis, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $853K in total assets. In 2025, it awarded 1 grant totaling $53K. Net investment income was $69K.
Key facts about Downtown Optimist Foundation
In short: Downtown Optimist Foundation gave $53K across 1 grant in 2025 (avg $53K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- EIN
- 35-6077156
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $53,225
- Grants made (2025)
- 1
- Average grant
- $53,225
- Median grant
- $53,225
- Total assets
- $853,370
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$853K
+3.8% YoY
Annual Giving
$53K
-3.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$53K
-3.5% YoY
Under IRS private-foundation payout rules, Downtown Optimist Foundation reported a distributable amount of $37K for 2025 — the minimum it must pay out in qualifying distributions.
How Downtown Optimist Foundation gives
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 145% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $41K (2020) to $59K (2021). In 2025 it made 1 grant totaling $53K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
The largest 2025 recipient was See Attached Schedule - All ($53K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Schedule - All Or Carmel IN, IN | See Attached Statement | $53,225 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $853,370 | $822,297 | $859,815 |
| Revenue | $90,553 | $88,628 | $48,664 |
| Expenses | $59,480 | $61,752 | $59,254 |
| Qualifying Distributions | $53,225 | $55,160 | $52,780 |
| Net Investment Income | $69,200 | $69,502 | $28,975 |
| Distributable Amount | $36,703 | $35,446 | $33,660 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 9, 2021)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
Leadership & Key People
Officers and directors from IRS filings
Downtown Optimist Foundation is led by Kenneth Loudenback, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kenneth Loudenback
President
On filings since 2019
No compensation reported
Robert Brafford
Treasurer
On filings since 2019
No compensation reported
Elizabeth Burke
Secretary
New on the 2025 filing
No compensation reported
Former officers (1)
- Former: Charles L. Curry (2019–2024) — Secretary
Data from IRS Form 990 filings, 2019–2025. "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 Optimist Foundation
How much does Downtown Optimist Foundation give each year?
Downtown Optimist Foundation gave $53K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $55K across 1 grant.
How large is Downtown Optimist Foundation?
Downtown Optimist Foundation reported $853K in total assets on its 2025 IRS Form 990-PF. It paid out $53K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets).
What is Downtown Optimist Foundation?
Downtown Optimist Foundation is a private foundation focused on Health, based in Indianapolis, IN. It holds $853K in total assets as of 2025.
Where does Downtown Optimist Foundation operate?
Downtown Optimist Foundation has awarded grants in Indiana.
What is Downtown Optimist Foundation's EIN?
Downtown Optimist Foundation's EIN (Employer Identification Number) is 35-6077156. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Downtown Optimist Foundation by hand.
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