The foundation's mission is to secure and preserve private resources for the betterment of Indiana state university and its students, while providing donors with opportunities to witness and experience the results of their philanthropy.
Key facts about Indiana State University Foundation Inc
In short: Indiana State University Foundation Inc gave $10.9M across 1 grant in 2025 (avg $10.9M), mostly in Indiana. Source: 2025 IRS Form 990.
- EIN
- 35-6045550
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $10,942,495
- Grants made (2025)
- 1
- Average grant
- $10,942,495
- Median grant
- $10,942,495
- Total assets
- $164,173,105
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$164.2M
+9.5% YoY
Annual Giving
$10.9M
+58.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$10.9M
+58.9% YoY
How Indiana State University Foundation Inc gives
- Giving grew 69% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Indiana State University Foundation Inc
Based on IRS filings
Indiana State University Foundation Inc is a public charity focused on Education, based in Terre Haute, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $164.2M in total assets. In 2025, it awarded 1 grant totaling $10.9M. Net investment income was $6.7M.
Focus Areas
Open Grants
3 open opportunities from Indiana State University Foundation Inc
Experience Grant
Indiana State University Foundation Inc
Amount
Up to $3,000
Deadline
Rolling / Open
Four-Year Graduation Guarantee
Indiana State University Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Tuition-Free Guarantee
Indiana State University Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with Indiana State University Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.3M (2021) to $10.9M (2025). In 2025 it made 1 grant totaling $10.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Indiana State University ($10.9M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 4 grants of 5 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana State University Terre Haute, IN | Support Educational | $10,942,495 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $164,173,105 | $149,874,413 | $129,647,619 |
| Revenue | $19,425,902 | $21,406,585 | $16,129,403 |
| Expenses | $15,553,362 | $11,203,350 | $9,272,225 |
| Net Investment Income | $6,737,411 | $4,928,934 | $1,132,950 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Indiana State University Foundation Inc is led by Andrea Angel, CEO on every filing since 2020; none of the 36 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrea Angel
CEO
On filings since 2020
37.5 hrs/week
No compensation reported
Kenneth Menefee
Planned & Principal Gifts Executive Director
On filings since 2022
37.5 hrs/week
No compensation reported
Michael Godard
President & Isu
New on the 2025 filing
1 hr/week
No compensation reported
Marie C Shanks
Chairperson
Director → Vice Chair, 2022
Vice Chair → Chairperson, 2024
On filings since 2021
1 hr/week
No compensation reported
Robert Casey
Chair & Trustees
On filings since 2024
1 hr/week
No compensation reported
Nick McCollum
Chairperson & Alumni Board
New on the 2025 filing
1 hr/week
No compensation reported
Donald Scott
Director
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Boulet
Director
On filings since 2020
1 hr/week
No compensation reported
Gordon Tanner
Director
On filings since 2020
1 hr/week
No compensation reported
Paul A. Chaney
Director
On filings since 2020
1 hr/week
No compensation reported
Todd Osburn
Director
On filings since 2020
1 hr/week
No compensation reported
Scott Watson
Director
On filings since 2021
1 hr/week
No compensation reported
Julie Heck
Director
On filings since 2022
1 hr/week
No compensation reported
Laura Wittman
Director
On filings since 2022
1 hr/week
No compensation reported
Lindsay Stergar
Director
On filings since 2022
1 hr/week
No compensation reported
Patrick Lima
Director
Chair & Alumni Board → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Sandy Senior-Dauer
Director
On filings since 2022
1 hr/week
No compensation reported
Scott Jones
Director
On filings since 2022
1 hr/week
No compensation reported
Steve Bailey
Director
On filings since 2022
1 hr/week
No compensation reported
Dan Thiel
Director
On filings since 2023
1 hr/week
No compensation reported
Jim Pajakowski
Director
On filings since 2023
1 hr/week
No compensation reported
Pam Poore
Director
On filings since 2023
1 hr/week
No compensation reported
Rita Burns Senseman
Director
On filings since 2023
1 hr/week
No compensation reported
Sandi Druley
Director
On filings since 2023
1 hr/week
No compensation reported
Kent Kramer
Director
On filings since 2024
1 hr/week
No compensation reported
Virgil Pund
Director
On filings since 2024
1 hr/week
No compensation reported
Yanya Yang
Director
On filings since 2024
1 hr/week
No compensation reported
Anita Klopfenstein
Director
New on the 2025 filing
1 hr/week
No compensation reported
Denise Bennett
Director
New on the 2025 filing
1 hr/week
No compensation reported
Mary Mcguire
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Richard R. Porter
Immediate Past Chairperson
Vice Chair → Chair, 2022
Chair → Immediate Past Chairperson, 2024
On filings since 2020
1 hr/week
No compensation reported
Troy Helman
Secretary
Director → Secretary, 2023
On filings since 2020
1 hr/week
No compensation reported
John Crouch
Vice Chairperson
Director → Vice Chairperson, 2024
On filings since 2021
1 hr/week
No compensation reported
Jeremiah Turner
Assc Vice President Univ Advancement
On filings since 2022
37.5 hrs/week
No compensation reported
Lucy Lunsford
Controller
On filings since 2022
37.5 hrs/week
No compensation reported
Macala Beasley
Assistant Secretary
On filings since 2024
37.5 hrs/week
No compensation reported
Former officers (44)
- Former: Daniel J. Riley (2020–2024) — Director
- Former: Deborah Curtis (2020–2024) — Director
- Former: J Bart Colwell (2020–2024) — Director
- Former: Keith W. Dickey (2020–2024) — Director
- Former: Linda Pellegrini (2020–2024) — Director
- Former: Greg Steenberg (2022–2024) — Director
- Former: Aryn Williams (2024) — Chairperson & Alumni Board
- Former: Donald Dudine (2020–2023) — Immediate Past Chair
- Former: Joseph Evelo (2020–2023) — Director
- Former: Randall Minas (2020–2023) — Director
- Former: Kathleen Cabello (2022–2023) — Chair & Trustees
- Former: Travis Kendall (2022–2023) — Director
- Former: Adam Bahus (2023) — Assistant Secretary
- Former: Christine M. Hill (2020–2022) — Director
- Former: James E. Sunday (2020–2022) — Director
- Former: Jessica Zhang (2020–2022) — Controller
- Former: Jo Einstandig (2020–2022) — Secretary
- Former: Kimberly Smith (2020–2022) — Director
- Former: Rex Kendall (2020–2022) — Alumni Engagement Executive Director
- Former: Thomas Druley (2020–2022) — Director
- Former: Daniel Palmer (2021–2022) — Assistant Secretary
- Former: Alfred Perone (2022) — Alumni Engag Assistant Director Outreach
- Former: Dan Theil (2022) — Director
- Former: Rob Lowe (2022) — Director
- Former: Beverly Spear (2020–2021) — Director
- Former: Curt Wilkinson (2020–2021) — Directory
- Former: Darin Collignon (2020–2021) — Director
- Former: Diann McKee (2020–2021) — Director
- Former: Harold P. Gutzwiller (2020–2021) — Director
- Former: Jay M. McHargue (2020–2021) — Director
- Former: Jeffery Taylor (2020–2021) — Director
- Former: Julie Baesler (2020–2021) — Director
- Former: Michael Alley (2020–2021) — Director
- Former: Sondra S. Harris (2020–2021) — Director
- Former: Thomas F. Bareford (2020–2021) — Immediate Past Chair
- Former: Thomas Walters (2020–2021) — Director
- Former: Timothy O'Neill (2020–2021) — Director
- Former: Robert Lundsrto (2021) — Director
- Former: Annette Caldwell (2020) — Assistant Secretary · Filing note: Ended 6/2020
- Former: John Crouch Start (2020) — Director
- Former: John Heintz (2020) — Senior Director of Development
- Former: Marie C. Shanks Start (2020) — Director
- Former: Robert Lundstrom (2020) — Director
- Former: Scott Watson Start (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 Indiana State University Foundation Inc
How much does Indiana State University Foundation Inc give each year?
Indiana State University Foundation Inc gave $10.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $6.9M across 1 grant.
How large is Indiana State University Foundation Inc?
Indiana State University Foundation Inc reported $164.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $19.4M.
What is Indiana State University Foundation Inc?
Indiana State University Foundation Inc is a public charity focused on Education, based in Terre Haute, IN. It holds $164.2M in total assets as of 2025.
Where does Indiana State University Foundation Inc operate?
Indiana State University Foundation Inc has awarded grants in Indiana.
What is Indiana State University Foundation Inc's EIN?
Indiana State University Foundation Inc's EIN (Employer Identification Number) is 35-6045550. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Indiana State University Foundation Inc by hand.
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