Greater Lafayette Commerce Comm and Economic Development Foundation
The foundation is organized and operated exclusively to conduct, support, encourage, and assist the common good and welfare of the citizens of lafayette, west Lafayette, Tippecanoe county and the west central region of Indiana it serves. In addition, 1) the foundation operates as a supporting organization for the support and benefit of lafayette-west lafayette development corporation (d/b/a greater lafayette commerce) to solicit funds to support economic and community development programs and projects of greater lafayette commerce, 2)to solicit charitable contributions and other funds for and to provide other benefits for the support and benefit of and in conjunction with economic and community development programs and projects of greater lafayette commerce, and 3)to cooperate, collaborate and work with other organizations including, but not limited to, greater lafayette commerce to pursue and achieve the purposes set out above.
Greater Lafayette Commerce Comm and Economic Development Foundation at a glance
- Total assets
- $4,095,622
- +50.2% vs 2023
- Revenue (2024)
- $12,387,862
- +98.9% vs 2023
- Expenses (2024)
- $12,130,228
- +100.3% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Greater Lafayette Commerce Comm and Economic Development Foundation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 2 grants totaling $2.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lafayette-West Lafayette Developmen Lafayette, IN | — | $2,296,936 |
| Lafayette-West Lafayette Developmen Lafayette, IN | — | $71,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $4,095,622 | $12,387,862 | $12,130,228 | — | — |
| 2023 | $2,726,021 | $6,226,858 | $6,057,210 | — | — |
| 2022 | $646,679 | $1,986,864 | $4,283,800 | $2,367,936 | 2 |
| 2021 | $2,061,774 | $512,933 | $267,402 | — | — |
| 2020 | $1,834,852 | $3,901 | $143,667 | — | — |
About Greater Lafayette Commerce Comm and Economic Development Foundation
Based on IRS filings
Greater Lafayette Commerce Comm and Economic Development Foundation is a public charity focused on Community Improvement & Capacity Building, based in Lafayette, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.1M in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Greater Lafayette Commerce Comm and Economic Development Foundation is led by Scott Walker, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Scott Walker
President
On filings since 2020
40 hrs/week
$50K (2020) → $0 (2024)
Tom Murtaugh
Chair
On filings since 2022
0.5 hrs/week
No compensation reported
Jim Olds
Secretary
On filings since 2022
0.5 hrs/week
No compensation reported
Rachel Hazaray
Vice Chair
On filings since 2022
0.5 hrs/week
No compensation reported
Robert Smith
Treasurer
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (4)
- Former: Gary Lehman (2020–2021) — Chair
- Former: Jason Bricker (2020–2021) — Treasurer
- Former: Jody Hamilton (2020–2021) — Secretary
- Former: Julie Griffith (2020–2021) — Vice Chair
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $47K, to Scott Walker (President &).
Frequently asked questions about Greater Lafayette Commerce Comm and Economic Development Foundation
How large is Greater Lafayette Commerce Comm and Economic Development Foundation?
Greater Lafayette Commerce Comm and Economic Development Foundation reported $4.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $12.4M.
What is Greater Lafayette Commerce Comm and Economic Development Foundation?
Greater Lafayette Commerce Comm and Economic Development Foundation is a public charity focused on Community Improvement & Capacity Building, based in Lafayette, IN. It holds $4.1M in total assets as of 2024.
Where does Greater Lafayette Commerce Comm and Economic Development Foundation operate?
Greater Lafayette Commerce Comm and Economic Development Foundation has awarded grants in Indiana.
What is Greater Lafayette Commerce Comm and Economic Development Foundation's EIN?
Greater Lafayette Commerce Comm and Economic Development Foundation's EIN (Employer Identification Number) is 81-3745360. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Greater Lafayette Commerce Comm and Economic Development Foundation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
- Hancock Whitney Opportunity Grant (Hancock Whitney Community Reinvestment Act Program) Up to US $25,000 · Due October 30, 2026
Explore Open Grants
Browse active grant opportunities in Greater Lafayette Commerce Comm and Economic Development Foundation's focus areas in our free grants database
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