Independent Colleges of Indiana Inc

INDIANAPOLIS, IN EIN: 31-0901001 Website

The Independent Colleges of Indiana (ICI) develops and enhances the competitive standing of its 29 member independent, nonprofit, regionally-accredited, degree-granting colleges and universities and strives to assure opportunity and choice in higher education for all students. (Continued on Schedule O)

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$95.1M

+2.2% YoY

Annual Giving

$1.0M

+10.5% YoY

Grant Count

76

+7.0% YoY

Avg Grant Size

$14K

+3.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$14M$21M$29M20202021202220232024
Metric202420232022
Total Assets$95,063,990$93,040,434$91,171,823
Revenue$25,913,873$25,838,068$22,138,520
Expenses$26,011,652$23,689,741$22,290,095
Qualifying Distributions
Net Investment Income$2,015,195$1,641,912$894,977
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$262K$525K$787K$1M74 grants202073 grants202172 grants202271 grants202376 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Central Indiana Communit…$104KCommunity Foundation All…$78KLegacy Foundation Inc$39KCommunity Foundation of …$33KCommunity Foundation of …$26KCommunity Foundation of …$26KCommunity Foundation of …$26KCommunity Foundation of …$26KWabash Valley Community …$26KFranklin College of Indi…$25K

Grant Size Distribution

366 grants across all recorded years

355<$50K8$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Independent Colleges of Indiana Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Dr Jodie Ferise End …Vice President and General C…$167KMs Laura BridgesVP and Chief Operating Officer$167KDr Dottie KingPresident/Secretary$126K

From 2024 filing

NameTitleHoursCompensation
Dr Amy McCormackDirector1
Dr Anne HoutmanChair1
Dr Dottie KingPresident/Secretary40$126,423
Dr Karl W EinolfVice Chair1
Mr Kerry PratherTreasurer1
Dr Andrew FlammDirector1
Dr Barbara BellefeuilleDirector1
Dr Christopher Pietruszkiewicz JDDirector1
Dr D Michael LindsayDirector1
Dr David McFaddenDirector1
Dr Earl D Brooks IIDirector1
Dr John ShannonDirector1
Dr Jonathan S KulagaDirector1
Dr Lake LambertDirector1
Dr Lance RicheyDirector1
Dr Lori WhiteDirector1
Dr Marco ClarkDirector1
Dr Rebecca StoltzfusDirector1
Dr Ron DempseyDirector1
Dr Scott FellerDirector1
Dr Sean HuddlestonDirector1
Dr Sheila ConboyDirector1
Dr Sherilyn EmbertonDirector1
Dr Stacy YoungDirector1
Dr Tanuja SinghDirector1
John Pistole JDDirector1
Mr Daniel ElsenerDirector1
Mr James DankoDirector1
Mr Jose D Padilla JDDirector1
Mr Paul PerkinsDirector1
Mr Robert A CoonsDirector1
Ms Elaine BedelDirector1
Rep Brad BarrettDirector1
Rep Craig SnowDirector1
Rep Gregory PorterDirector1
Rep Phil GiaquintaDirector1
Rev John I Jenkins SCSDirector1
Sen Andrea HunleyDirector1
Sen Edward CharbonneauDirector1
Sen Fady QaddouraDirector1
Sen Jeff RaatzDirector1
Sen Linda RogersDirector1
Dr Jodie Ferise End 021524Vice President and General Counsel40$166,500
Ms Laura BridgesVP and Chief Operating Officer40$166,500

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AndersonAngolaAuburnAvonBatesvilleBedfordBloomfieldBloomingtonBlufftonBrookvilleClintonColumbia CityColumbusConnersvilleCorydonCovingtonCrawfordsvilleDecaturElkhartEvansville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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