Heritage Fund - the Community Foundation
Heritage Fund is a public charity based in Columbus, Indiana, and the community foundation of Bartholomew County. Established in 1976, it connects donors with causes and supports charitable work in the community through grantmaking, scholarships, and other activities.
Key facts about Heritage Fund - the Community Foundation
In short: Heritage Fund - the Community Foundation gave $4.3M across 64 grants in 2025 (avg $66K), mostly in Indiana. 25% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 35-1343903
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $4,252,557
- Grants made (2025)
- 64
- Average grant
- $66,446
- Median grant
- $19,919
- New grantees (estimate)
- 25% first-time grantees (16 of 64, 2025)
- Total assets
- $128,030,247
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Next open deadline
- October 23, 2026 (David and Margaret Bottorff Math and Science Initiative for Elementary Teachers)
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$128.0M
+16.1% YoY
Annual Giving
$4.3M
-21.9% YoY
Grant Count
64
-9.9% YoY
Avg Grant Size
$66K
-13.4% YoY
Is Heritage Fund - the Community Foundation open to new grantees?
25%
first-time grantees, 2025
In 2025, 16 of 64 grantees (25%) were first-time recipients. First grants averaged $18K; repeat grants $83K. How we count
Medians: $13K first-time, $25K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
Heritage Fund’s stated mission is to inspire generosity, gather and grow community leaders, and help ensure Bartholomew County is an exceptional place for all to live, learn, work, and play.
Its primary areas of impact are Youth Development; Downtown Vitality; and Arts, Culture, Architecture and Design. The website describes youth-development work in terms of early learning, youth mental health, and social-emotional learning. It also describes downtown work focused on developing community assets, and arts and culture work intended to sustain and expand local assets, programming, and collaboration. Secondary areas are Diversity, Equity, and Inclusion; Leadership Development; and Responsive Community Need.
The 2025 grants included support for organizations working in several areas. For example, Landmark Columbus Foundation describes its work as caring for and advancing Columbus’s cultural heritage through design; the Bartholomew County Historical Society says it discovers, collects, preserves, and shares local history; and the Bartholomew Consolidated School Foundation says it supports the school corporation and programs that help students achieve educational excellence. United Way of Bartholomew County describes its work around education, financial stability, health, and personal relationships.
Grantmaking
Heritage Fund reported 64 grants totaling **$4,252,557** in filing year 2025. The grants ranged from **$6,000 to $782,001**, with a median grant of **$19,918**. The largest awards included **$782,001** to Landmark Columbus Foundation, **$368,427** to Community Education Coalition, **$288,488** to Foundation for Youth, **$223,000** to the Office of Downtown Development, and **$211,781** to Bartholomew County Historical Society. The filing states the purpose for these awards as furthering each recipient’s exempt purpose.
Review Cycle
, with an LOI required one week before the application deadline. Both listed 2026 deadlines have passed as of September 28, 2026. The website says awards are announced approximately eight weeks after each deadline. Heritage Fund favors proposals that address community needs innovatively, collaborate, reach a broad segment of the community, encourage additional funding, avoid duplicating services, and plan for sustainability. It requires written grant applications and says significant grants require written closeout reports.
Open Grants
9 open opportunities from Heritage Fund - the Community Foundation
African American Foundation of Bartholomew County
Heritage Fund - the Community Foundation
Amount
Varies
Deadline
Rolling / Open
Community Fund Grants
Heritage Fund - the Community Foundation
Amount
Varies
Deadline
Rolling / Open
David and Margaret Bottorff Math and Science Initiative for Elementary Teachers
Heritage Fund - the Community Foundation
Amount
Varies
Deadline
October 23, 2026
Ready to take the next step with Heritage Fund - the Community Foundation?
Geographic Focus
Where this funder awards grants
The Community Fund guidelines identify Bartholomew County, Indiana, as the service area. The 2025 filing reports that 100% of grant dollars went to recipients in Indiana. Some separate opportunities extend beyond Bartholomew County: the AEI Youth Sports Fund covers Bartholomew and surrounding counties, and the Voelz, Reed, & Mount Foundation opportunity names multiple counties.
Grant Distribution by State
Share of all 64 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $2.0M (2020) to $6.0M (2023). In 2025 it made 64 grants totaling $4.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Landmark Columbus Foundation ($782K). Together the top 10 received $2.7M.
Grant Size Distribution
296 grants across all recorded years
The most common grant size was under $50K: 205 grants of 296 (69%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Landmark Columbus Foundation Columbus, IN | To Further the Exempt Purpose of the Organization | $782,001 |
| Community Education Coalition Columbus, IN | To Further the Exempt Purpose of the Organization | $368,427 |
| Foundation for Youth Columbus, IN | To Further the Exempt Purpose of the Organization | $288,488 |
| Office of Downtown Development Columbus, IN | To Further the Exempt Purpose of the Organization | $223,000 |
| Bartholomew County Historical Society Columbus, IN | To Further the Exempt Purpose of the Organization | $211,781 |
| Our Hospice of South Central Indiana Columbus, IN | To Further the Exempt Purpose of the Organization | $209,586 |
| Columbus Indiana Philharmonic Columbus, IN | To Further the Exempt Purpose of the Organization | $179,232 |
| Bartholomew Consolidated School Corp Columbus, IN | To Further the Exempt Purpose of the Organization | $165,071 |
| Asbury United Methodist Church Columbus, IN | To Further the Exempt Purpose of the Organization | $156,326 |
| Bartholomew County Public Library Columbus, IN | To Further the Exempt Purpose of the Organization | $149,610 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants reported | Grant count |
|---|---|---|---|---|---|
| 2025 | $128,030,247 | $14,722,235 | $8,226,853 | $4,252,557 | 64 |
| 2024 | $110,312,886 | $10,015,349 | $8,756,719 | $5,444,983 | 71 |
| 2023 | $99,398,224 | $9,729,076 | $8,864,458 | $6,016,495 | 50 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $128,030,247 | $110,312,886 | $99,398,224 |
| Revenue | $14,722,235 | $10,015,349 | $9,729,076 |
| Expenses | $8,226,853 | $8,756,719 | $8,864,458 |
| Net Investment Income | $6,031,834 | $3,752,852 | $3,381,823 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS August 18, 2026)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists these directors: Aida Ramirez, Anuja Mazgaonkar, Brad Davis, Carl Lienhoop, Chad Phillips, Courtney Metzger, Jeff Brown, Jeff Wiltrout, Jim Roberts, and John Whittington. The filing’s organizational narrative says the board is composed of 26 community leaders.
Heritage Fund - the Community Foundation is led by Tracy Souza, President & CEO - since 2025 (on filings since 2019); 4 of 30 officers listed in 2025 are compensated.
Officers on the 2025 filing
Tracy Souza
President & CEO -
President & CEO → President & CEO -, 2025
On filings since 2019
40 hrs/week
$169K (2019) → $123K (2025)
Edith Blakeslee
President & CEO -
New on the 2025 filing
40 hrs/week
$121K (2025)
Lori Thompson
Chair
Director → Vice Chair, 2023
Vice Chair → Chair, 2024
On filings since 2020
1.5 hrs/week
No compensation reported
Carl Lienhoop
Director
On filings since 2019
1.5 hrs/week
No compensation reported
Jim Roberts
Director
On filings since 2019
1.5 hrs/week
No compensation reported
Mark Stewart
Director
On filings since 2019
1.5 hrs/week
No compensation reported
Reinhold Hill
Director
On filings since 2019
1.5 hrs/week
No compensation reported
Tom Harmon
Director
On filings since 2019
1.5 hrs/week
No compensation reported
Jeff Brown
Director
On filings since 2020
1.5 hrs/week
No compensation reported
Lora Mount
Director
On filings since 2020
1.5 hrs/week
No compensation reported
Tracy Haddad
Director
On filings since 2020
1.5 hrs/week
No compensation reported
Aida Ramirez
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Brad Davis
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Johnnie Edwards
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Katie Glick
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Nicholas Sprague
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Anuja Mazgaonkar
Director
On filings since 2022
1.5 hrs/week
No compensation reported
Sarla Kalsi
Director
On filings since 2022
1.5 hrs/week
No compensation reported
Courtney Metzger
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Jeff Wiltrout
Director
On filings since 2024
1.5 hrs/week
No compensation reported
John Whittington
Director
On filings since 2024
1.5 hrs/week
No compensation reported
Mary Ferdon
Director
On filings since 2024
1.5 hrs/week
No compensation reported
Steve Baker
Director
On filings since 2024
1.5 hrs/week
No compensation reported
Chad Phillips
Director
New on the 2025 filing
1.5 hrs/week
No compensation reported
Mandy Wyant
Director
New on the 2025 filing
1.5 hrs/week
No compensation reported
Kristin Munn
Employee
On filings since 2022
40 hrs/week
$102K (2022) → $118K (2025)
Stephanie Seaborne
Employee
New on the 2025 filing
40 hrs/week
$101K (2025)
Michelle Schaefer
Vice Chair
Director → Treasurer, 2021
Treasurer → Vice Chair, 2025
On filings since 2020
1.5 hrs/week
No compensation reported
Phil Luzius
Secretary
Director → Secretary, 2024
On filings since 2023
1.5 hrs/week
No compensation reported
Maggie Kamman
Treasurer
Director → Treasurer, 2025
On filings since 2024
1.5 hrs/week
No compensation reported
Former officers (23)
- Former: Alice Johnson (2019–2024) — Vice Chair
- Former: Felipe Martinez (2019–2024) — Director
- Former: Kathy Oren (2023–2024) — Director
- Former: Jim Bickel (2019–2023) — Director
- Former: Jim Lienhoop (2019–2023) — Director
- Former: John Elwood (2019–2023) — Secretary
- Former: Johnny Tsai (2019–2023) — Director
- Former: John Burnett (2019–2022) — Director
- Former: Mark Levett (2019–2022) — Director
- Former: Matthew Kirr (2019–2022) — Vice Chair
- Former: Jarvis Cooper (2019–2021) — Director
- Former: Kelly Benjamin (2019–2021) — Director
- Former: Norbert Nusterer (2019–2021) — Director
- Former: Diane Doup (2019–2020) — Director
- Former: Laura Leonard (2019–2020) — Director
- Former: Tom Vujovich (2019–2020) — Treasurer
- Former: Tony M. Gambaiani (2019–2020) — Vice Chair
- Former: Wendy Elwood (2019–2020) — Director
- Former: Amit Patel (2019) — Director
- Former: Dave Barker (2019) — Director
- Former: Ro Whittington (2019) — Director
- Former: Tobi Herron (2019) — Director
- Former: Victoria Craig Griffin (2019) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $123K, to Tracy Souza (President & CEO - Part Year). 4 officers or directors reported compensation on that filing.
Contact
Mailing address: 538 Franklin St, Columbus, IN 47202-1547
Phone: (812) 376-7772
Website: https://heritagefundbc.org
Frequently asked questions about Heritage Fund - the Community Foundation
How much does Heritage Fund - the Community Foundation give each year?
Heritage Fund - the Community Foundation gave $4.3M across 64 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $5.4M across 71 grants.
What is Heritage Fund - the Community Foundation's typical grant size?
Heritage Fund - the Community Foundation's median grant in 2025 was $19,919, and its average grant was $66,446, across 64 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Heritage Fund - the Community Foundation that year got $18K on average.
Where does Heritage Fund - the Community Foundation give grants?
Heritage Fund - the Community Foundation 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 Columbus, IN (51 grants), Indianapolis, IN (5 grants) and Hope, IN (2 grants).
Who are Heritage Fund - the Community Foundation's largest grantees?
Heritage Fund - the Community Foundation's largest 2025 grantees include Landmark Columbus Foundation ($782,001), Community Education Coalition ($368,427) and Foundation for Youth ($288,488), according to its 2025 IRS Form 990. Together they received 34% of its itemized 2025 grant dollars.
How large is Heritage Fund - the Community Foundation?
Heritage Fund - the Community Foundation reported $128.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $14.7M.
What does Heritage Fund - the Community Foundation fund?
Heritage Fund’s stated mission is to inspire generosity, gather and grow community leaders, and help ensure Bartholomew County is an exceptional place for all to live, learn, work, and play. See mission & focus areas ↑
How do I apply for a grant from Heritage Fund - the Community Foundation?
Heritage Fund reported 64 grants totaling $4,252,557 in filing year 2025. The grants ranged from $6,000 to $782,001, with a median grant of $19,918. The largest awards included $782,001 to Landmark Columbus Foundation, $368,427 to Community Education Coalition, $288,488 to Foundation for Youth, $223,000 to the Office of Downtown Development, and $211,781 to Bartholomew County Historical Society.
What is Heritage Fund - the Community Foundation's EIN?
Heritage Fund - the Community Foundation's EIN (Employer Identification Number) is 35-1343903. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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