Downtown Optimist Foundation is a private foundation focused on Health, based in INDIANAPOLIS, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $822K in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $70K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$822K
-4.4% YoY
Annual Giving
$55K
+4.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$55K
+4.5% YoY
Under IRS private-foundation payout rules, Downtown Optimist Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Downtown Optimist Foundation
Based on IRS filings
Downtown Optimist Foundation is a private foundation focused on Health, based in INDIANAPOLIS, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $822K in total assets. In 2024, it awarded 1 grants totaling $55K. Net investment income was $70K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $822,297 | $859,815 | $806,012 |
| Revenue | $88,628 | $48,664 | $42,072 |
| Expenses | $61,752 | $59,254 | $60,599 |
| Qualifying Distributions | $55,160 | $52,780 | $52,500 |
| Net Investment Income | $69,502 | $28,975 | $27,610 |
| Distributable Amount | $35,446 | $33,660 | $36,559 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Schedule - All ($55,160).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE - ALL OR CARMEL IN, IN | SEE ATTACHED STATEMENT | $55,160 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH LOUDENBACK | PRESIDENT | — | — |
| CHARLES L CURRY | SECRETARY | — | — |
| ROBERT BRAFFORD | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Downtown Optimist Foundation?
Downtown Optimist Foundation is a private foundation focused on Health, based in INDIANAPOLIS, IN. It holds $822K in total assets as of 2024.
How large is Downtown Optimist Foundation?
As of 2024, Downtown Optimist Foundation holds $822K in total assets with $89K in annual revenue. It awarded 1 grants totaling $55K in 2024.
Where does Downtown Optimist Foundation operate?
Downtown Optimist Foundation has awarded grants in Indiana.
What size grants does Downtown Optimist Foundation award?
In 2024, Downtown Optimist Foundation awarded 1 grants totaling $55K — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is Downtown Optimist Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Downtown Optimist Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2019–2024.
Explore Open Grants
Browse active grant opportunities in Downtown Optimist Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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