Evansville Endowment Fund Inc
Evansville Endowment Fund Inc is a public charity based in Evansville, Indiana. Formed in 1994, it supports charitable organizations through capital project grants benefiting the city of Evansville.
Evansville Endowment Fund Inc at a glance
In short: Evansville Endowment Fund Inc gave $501K across 22 grants in 2025 (avg $23K), mostly in Indiana. 27% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $500,980
- +2.1% vs 2024
- Grants made (2025)
- 22
- -4.3% vs 2024
- Average grant
- $22,772
- +6.7% vs 2024
- Median grant
- $25,000
- Total assets
- $11,833,268
- +7.0% vs 2024
- New grantees (estimate)
- 27% first-time grantees (6 of 22, 2025; small sample)
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Evansville Endowment Fund Inc
- How to Apply
-
The fund’s 2026 announcement invited eligible organizations to submit a Letter of Inquiry for capital projects. Its earlier application announcements describe a competitive application and review process. Applicants must be tax-exempt under Internal Revenue Code sections 501(c)(3) and 509(a), serve within Evansville city limits, and propose projects taking place in Evansville.
- Review Cycle
- June 4, 2026 was the deadline listed for the 2026 capital projects cycle. This cycle is past.
- Deadline
- June 4, 2026 was the deadline listed for the 2026 capital projects cycle.
- Contact
Mailing address: 20 Nw 3Rd Street Suite 820, Evansville, IN 47708
Phone: (812) 429-1191
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Evansville Endowment Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Evansville Museum of Arts History Science ($39K). Together the top 10 received $333K.
Grant Size Distribution
103 grants across all recorded years
The most common grant size was under $50K: 101 grants of 103 (98%).
Geographic Focus
Where this funder awards grants
The fund supports organizations serving within the city limits of Evansville, Indiana, and proposed projects must take place within the city. At least 60% of annual grant funding is directed to activities supporting or benefiting Evansville’s 4th and 6th wards. The 2025 filing reports that all grant dollars went to Indiana recipients.
Grant Distribution by State
Share of 2025 grant dollars across all 22 itemized grants.
States
Cities
Is Evansville Endowment Fund Inc open to new grantees?
27%
first-time grantees, 2025
In 2025, 6 of 22 grantees (27%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $28K; repeat grants $21K. How we count
Medians: $31K first-time, $24K repeat.
- 41% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+3%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $445K (2020) to $501K (2025). In 2025 it made 22 grants totaling $501K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Evansville Museum of Arts History Science Evansville, IN | Capital Improvements | $39,319 |
| Southwestern Healthcare Inc Evansville, IN | Capital Improvements | $35,844 |
| Carver Community Organization Evansville, IN | Capital Improvements | $35,800 |
| St Vincent Early Learning Center Inc Evansville, IN | Capital Improvements | $35,700 |
| Evansville Christian Life Center Evansville, IN | Capital Improvements | $35,000 |
| Community Action Program of Evansville & Vanderburgh County Inc Evansville, IN | Capital Improvements | $32,000 |
| YWCA of Evansville Evansville, IN | Capital Improvements | $31,000 |
| Ozanam Family Shelter Evansville, IN | Capital Improvements | $30,853 |
| Vanderburgh Humane Society Inc Evansville, IN | Capital Improvements | $30,000 |
| Dream Center Evansville Evansville, IN | Capital Improvements | $27,115 |
Ready to take the next step with Evansville Endowment Fund Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $11,833,268 | $387,075 | $559,411 | $500,980 | 22 | $387,075 |
| 2024 | $11,061,520 | $202,937 | $547,435 | $490,733 | 23 | $202,937 |
| 2023 | $10,184,624 | $2,363,018 | $510,364 | $457,188 | 16 | $2,363,018 |
| 2022 | $9,596,863 | $711,164 | $571,449 | $484,235 | 22 | $711,164 |
| 2021 | $11,359,390 | $450,545 | $550,453 | $487,556 | 20 | $450,545 |
| 2020 | $9,266,859 | $540,976 | $503,598 | $445,478 | 23 | $540,976 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The fund’s stated mission is “to support charitable organizations through capital project grants that impact the City of Evansville.” Its grants have supported capital work such as facility construction, renovation and restoration, roof replacement, flooring upgrades, housing development assistance, energy-efficiency improvements and building security.
The fund’s guidelines describe eligible projects involving permanent facilities for social and community services; facilities supporting arts, culture or tourism; public parks, playgrounds and recreational facilities; and neighborhood revitalization, including blighted-property rehabilitation or housing development for low- to moderate-income people. The guidelines also identify support for municipally operated loan programs pursuing economic development opportunities.
The fund supports nonprofit organizations. Examples of grantees’ missions illustrate the range of organizations receiving grants: Carver Community Organization says it provides childcare, after-school youth programs and senior services; St. Vincent Early Learning Center describes its work as early childhood education and care; and Tri-State Food Bank says it solicits, warehouses and distributes food to nonprofit entities in Indiana, Illinois and Kentucky. These are the grantees’ descriptions of their own work.
Grantmaking
The 2025 IRS filing reports 22 grants totaling $500,980. Individual grants ranged from $5,385 to $39,319, with a median grant of $25,000. The fund’s website separately reported that more than $560,000 was awarded to 21 Evansville nonprofits in 2025.
Among the largest grants listed in the 2025 filing were $39,319 to Evansville Museum of Arts History Science, $35,844 to Southwestern Healthcare Inc, $35,800 to Carver Community Organization, and $35,700 to St. Vincent Early Learning Center. Each was designated for capital improvements. Other listed recipients included Evansville Christian Life Center ($35,000), Community Action Program of Evansville & Vanderburgh County ($32,000), YWCA of Evansville ($31,000), Ozanam Family Shelter ($30,853), Vanderburgh Humane Society ($30,000), Dream Center Evansville ($27,115), Community One ($25,000) and SWIRCA & More ($25,000).
The 2024 IRS filing states that grant applications receive a thorough review, including site visits, and that grantees are subject to follow-up visits and must report issues with grant fulfillment.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jill Carpenter as President & CEO CFA; Jerome Stewart as Treasurer; Alan Groves as Vice President; Susan Harp as Secretary; and Eric Cummings, Kyle Kempf, Amber Rascoe and Marcus Hester as directors. Amber Rascoe is also listed as President.
Evansville Endowment Fund Inc is led by Jill Carpenter, President & CEO Cfa on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jill Carpenter
President & CEO Cfa
On filings since 2020
2 hrs/week
No compensation reported
Amber Rascoe
President
Director → President, 2021
On filings since 2020
1 hr/week
No compensation reported
Eric Cummings
Director
On filings since 2024
1 hr/week
No compensation reported
Kyle Kempf
Director
New on the 2025 filing
1 hr/week
No compensation reported
Marcus Hester
Director
New on the 2025 filing
1 hr/week
No compensation reported
Alan Groves
Vice President
On filings since 2020
1 hr/week
No compensation reported
Jerome Stewart
Treasurer
President → Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Susan Harp
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (6)
- Former: Ron Beane (2021–2024) — Director
- Former: Justin Elpers (2021–2023) — Director
- Former: Kaitlin Moore Morely (2021–2023) — Director
- Former: Dan McGinn (2020) — Treasurer
- Former: Jim Brinkmeyer (2020) — Director
- Former: Jonathan Weaver (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Evansville Endowment Fund Inc
How much does Evansville Endowment Fund Inc give each year?
Evansville Endowment Fund Inc gave $501K across 22 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $491K across 23 grants.
What is Evansville Endowment Fund Inc's typical grant size?
Evansville Endowment Fund Inc's median grant in 2025 was $25,000, and its average grant was $22,772, across 22 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Evansville Endowment Fund Inc that year got $28K on average.
Where does Evansville Endowment Fund Inc give grants?
Evansville Endowment Fund Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Evansville, IN (21 grants).
Does Evansville Endowment Fund Inc give general operating support?
Not in 2025: none of the 22 grants with a stated purpose on Evansville Endowment Fund Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Capital Improvements" (22 grants).
Who are Evansville Endowment Fund Inc's largest grantees?
Evansville Endowment Fund Inc's largest 2025 grantees include Evansville Museum of Arts History Science ($39,319), Southwestern Healthcare Inc ($35,844) and Carver Community Organization ($35,800), according to its 2025 IRS Form 990. Together they received 22% of its itemized 2025 grant dollars.
How large is Evansville Endowment Fund Inc?
Evansville Endowment Fund Inc reported $11.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $387K.
What does Evansville Endowment Fund Inc fund?
The fund’s stated mission is “to support charitable organizations through capital project grants that impact the City of Evansville.” See mission & focus areas ↑
How do I apply for a grant from Evansville Endowment Fund Inc?
The fund’s 2026 announcement invited eligible organizations to submit a Letter of Inquiry for capital projects. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Evansville Endowment Fund Inc's EIN?
Evansville Endowment Fund Inc's EIN (Employer Identification Number) is 35-2062629. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 29, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Evansville Endowment Fund Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Evansville Endowment Fund Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/evansville-endowment-fund-inc-morg_7c5b73b9a31a4c70baa12f48228abb97
BibTeX
@misc{grantable_352062629_2026,
author = {{Grantable}},
title = {{Evansville Endowment Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/evansville-endowment-fund-inc-morg_7c5b73b9a31a4c70baa12f48228abb97},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Evansville Endowment Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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