Indiana University Foundation
The Indiana University Foundation (IUF) maximizes private philanthropic support for Indiana University by fostering lifelong relationships with key stakeholders and providing advancement leadership and fundraising services for campuses and units across the university.
Indiana University Foundation at a glance
In short: Indiana University Foundation gave $403.6M across 4 grants in 2025 (avg $100.9M), mostly in Indiana. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $403,555,809
- +112.2% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $100,888,952
- +112.2% vs 2024
- Median grant
- $77,986,236
- Total assets
- $4,668,012,589
- +5.2% vs 2024
- 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.
How to apply to Indiana University Foundation
- Next open deadline
- February 1, 2027 (Affinity Giving Grants (Consolidated Program))
Open Grants
3 open opportunities from Indiana University Foundation
Affinity Giving Grants (Consolidated Program)
Indiana University Foundation
Amount
$4,000 - $50,000
Deadline
Expected ~February
Based on past cycles
Queer Philanthropy Circle (QPC) Grants
Indiana University Foundation
Amount
$2,450 - $57,750
Deadline
Expected ~March
Based on past cycles
Women's Philanthropy Leadership Council (WPLC) Grants
Indiana University Foundation
Amount
$2,500 - $25,000
Deadline
Expected ~March
Based on past cycles
Who Indiana University Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Indiana University ($403.6M across 4 grants).
Grant Size Distribution
20 grants across all recorded years
The most common grant size was $5M or more: 20 grants of 20 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Indiana University Foundation gives
- Giving grew 27% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $161.6M (2021) to $403.6M (2025). In 2025 it made 4 grants totaling $403.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Bloomington, IN | Academic and Student Program Support | $225,357,187 |
| Indiana University Bloomington, IN | Faculty Support & Research | $80,563,981 |
| Indiana University Bloomington, IN | Student Scholarship and Financial Aid | $75,408,490 |
| Indiana University Bloomington, IN | Endowment and Capital Additions | $22,226,151 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $4,668,012,589 | $598,652,224 | $501,934,877 | $403,555,809 | 4 | $194,380,962 |
| 2024 | $4,436,783,006 | $447,818,816 | $281,606,520 | $190,201,298 | 4 | $182,839,240 |
| 2023 | $4,180,043,938 | $426,110,057 | $261,097,805 | $182,210,418 | 4 | $224,825,432 |
| 2022 | $4,146,756,017 | $496,884,303 | $389,768,635 | $316,563,449 | 4 | $242,675,258 |
| 2021 | $4,047,053,926 | $362,892,310 | $231,169,533 | $161,642,597 | 4 | $150,847,486 |
| 2020 | $3,105,176,215 | $228,544,851 | $238,335,156 | $170,233,725 | 4 | $-2,856,201 |
| 2019 | $3,215,937,812 | $309,542,663 | $239,782,427 | $170,008,176 | 4 | $83,155,858 |
About Indiana University Foundation
Based on IRS filings
Indiana University Foundation is a public charity focused on Education, based in Bloomington, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.7B in total assets. In 2025, it awarded 4 grants totaling $403.6M. Net investment income was $194.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Indiana University Foundation is led by J Thomas Forbes, President & CEO since 2022 (on filings since 2021); 14 of 68 officers listed in 2025 are compensated.
Officers on the 2025 filing
J Thomas Forbes
President & CEO
Interim President & CEO → President & CEO, 2022
On filings since 2021
40 hrs/week
$353K (2022) → $512K (2025)
Pamela S Whitten
Chairman of the Board
On filings since 2022
No compensation reported
Aasif M Bade
Iuf Board Director
On filings since 2019
No compensation reported
Alan B Graf Jr.
Iuf Board Director
On filings since 2019
No compensation reported
Alisa L Hendrix
Iuf Board Director
On filings since 2019
No compensation reported
Curtis A Ferguson
Iuf Board Director
On filings since 2019
No compensation reported
David H Jacobs Jr.
Iuf Board Director
On filings since 2019
No compensation reported
Derrick Burks
Iuf Board Director
On filings since 2019
No compensation reported
Glenn Scolnik
Iuf Board Director
On filings since 2019
No compensation reported
Gregg T Summerville
Iuf Board Director
Treasurer → Iuf Board Director, 2023
On filings since 2019
No compensation reported
James D Fielding
Iuf Board Director
On filings since 2019
No compensation reported
James R Hodge
Iuf Board Director
On filings since 2019
No compensation reported
Jane M Jorgensen
Iuf Board Director
On filings since 2019
No compensation reported
Jeff M Fettig
Iuf Board Director
On filings since 2019
No compensation reported
Julie A Davis
Iuf Board Director
On filings since 2019
No compensation reported
Kathryn R Booth
Iuf Board Director
Iuf Board Director → Vice Chairman, 2021
Vice Chairman → Iuf Board Director, 2024
On filings since 2019
No compensation reported
Kim I Pressman
Iuf Board Director
Iuf Board Director → Treasurer, 2023
Treasurer → Iuf Board Director, 2025
On filings since 2019
No compensation reported
Linda S Watson
Iuf Board Director
On filings since 2019
No compensation reported
Randolph L Seger
Iuf Board Director
On filings since 2019
No compensation reported
Richard E Woosnam
Iuf Board Director
On filings since 2019
No compensation reported
Robert L Zerbe
Iuf Board Director
On filings since 2019
No compensation reported
Rose C Mays
Iuf Board Director
On filings since 2019
No compensation reported
W Michael Wells
Iuf Board Director
On filings since 2019
No compensation reported
William Q Buckner
Iuf Board Director
On filings since 2019
No compensation reported
David C Evans
Iuf Board Director
On filings since 2021
No compensation reported
Dena Rae Hancock
Iuf Board Director
On filings since 2021
No compensation reported
James Robert Rob Quigg III
Iuf Board Director
On filings since 2021
No compensation reported
John Timothy Tim Morris
Iuf Board Director
On filings since 2021
No compensation reported
Julie Christopher
Iuf Board Director
On filings since 2021
No compensation reported
Michael D Shumate
Iuf Board Director
On filings since 2021
No compensation reported
Patrica A Martin
Iuf Board Director
On filings since 2021
No compensation reported
Rick L Johnson Jr.
Iuf Board Director
On filings since 2021
No compensation reported
Rodney M Miller Sr.
Iuf Board Director
On filings since 2021
No compensation reported
Theodore D Dickman
Iuf Board Director
On filings since 2021
No compensation reported
Victor E Renuart
Iuf Board Director
On filings since 2021
No compensation reported
Donna Spears
Iuf Board Director
On filings since 2022
No compensation reported
Kenneth W Kaczmarek
Iuf Board Director & Treasurer
Iuf Board Director → Iuf Board Director & Treasurer, 2025
On filings since 2022
No compensation reported
Melissa Proffitt Schmidt
Iuf Board Director
On filings since 2022
No compensation reported
Steven L Tuchman
Iuf Board Director
On filings since 2022
No compensation reported
Amy Balcius
Iuf Board Director
On filings since 2023
No compensation reported
Cheng Wu
Iuf Board Director
On filings since 2023
No compensation reported
Pamela Carter
Iuf Board Director
On filings since 2023
No compensation reported
Robert Johnson
Iuf Board Director
On filings since 2023
No compensation reported
Sallie Jo Tardy Mitzell
Iuf Board Director
On filings since 2023
No compensation reported
Amish Shah
Iuf Board Director
On filings since 2024
No compensation reported
Cheryl Sullivan
Iuf Board Director
On filings since 2024
No compensation reported
John Fernandez
Iuf Board Director
On filings since 2024
No compensation reported
Kevin Gay
Iuf Board Director
On filings since 2024
No compensation reported
Marya Rose
Iuf Board Director
On filings since 2024
No compensation reported
Nate Feltman
Iuf Board Director
On filings since 2024
No compensation reported
Frank Graves
Iuf Board Director
New on the 2025 filing
No compensation reported
Kristin Mays-Corbitt
Iuf Board Director
New on the 2025 filing
No compensation reported
Mary Boelke
Iuf Board Director
New on the 2025 filing
No compensation reported
D Abe Weldy
Co-Cio
Senior Director & Investments → Co- Chief Investment Officer, 2021
Co- Chief Investment Officer → Co-Cio, 2022
On filings since 2019
40 hrs/week
$208K (2019) → $441K (2025)
Jeffrey D Stumpf
Former Executive Vice President for Finance & Operations
Executive Vice President for Finance & Operations → Executive Vice President for Finance & Oper., 2024
Executive Vice President for Finance & Oper. → Former Executive Vice President for Finance & Operations, 2025
On filings since 2019
40 hrs/week
$280K (2019) → $256K (2025)
Joyce Q Rogers
Executive Vice President for Development
External Relations for Dem → Interim Executive Vice President for Development, 2021
Interim Executive Vice President for Development → Executive Vice President for Development, 2022
On filings since 2019
40 hrs/week
$265K (2019) → $352K (2025)
Mary Bonk
Interim Executive Vice President Finance, Bus Op & Vice President Project Managem
Vice President & Advancement Data Tech Services → Vice President, Adv Proj Mgt, Support & Tech Serv, 2022
Vice President, Adv Proj Mgt, Support & Tech Serv → Interim Executive Vice President Finance, Bus Op & Vice President Project Managem, 2025
On filings since 2019
40 hrs/week
$217K (2019) → $288K (2025)
Paula Jenkins
Vice President & Principal Gifts
Vice President Development & Bloomington → Vice President & Principal Gifts, 2024
On filings since 2019
40 hrs/week
$236K (2019) → $263K (2025)
Sarah Beggs
Senior Vice President & Advancement Services
Chief of Staff & Vice President Stratg Initiv → Chief of Staff, Senior Vice President & Strat Initiatives, 2022
Chief of Staff, Senior Vice President & Strat Initiatives → Senior Vice President & Advancement Services, 2025
On filings since 2019
40 hrs/week
$185K (2019) → $238K (2025)
James Bergstrom
Co-Cio
Senior Director & Investments → Co- Chief Investment Officer, 2021
Co- Chief Investment Officer → Co-Cio, 2022
On filings since 2020
40 hrs/week
$264K (2020) → $436K (2025)
Jeffrey Lindauer
Vice President & University Advancement
Vice President Advancement Services & Managing Director → Assistant Vice President Development, 2022
Assistant Vice President Development → Vice President & University Advancement, 2024
On filings since 2021
40 hrs/week
$243K (2021) → $272K (2025)
Philippa Guthrie
Executive Vice President, General Counsel & Secretary
General Counsel & Corp Board Secretary → Executive Vice President, General Counsel & Corp Board Secretary, 2023
Executive Vice President, General Counsel & Corp Board Secretary → Executive Vice President, General Counsel & Secretary, 2025
On filings since 2022
40 hrs/week
$29K (2022) → $246K (2025)
Elizabeth Feeny
Vice President of Development
On filings since 2024
40 hrs/week
$215K (2024) → $231K (2025)
Julie McFall
Senior Vice President, Human Resources & Culture
On filings since 2024
40 hrs/week
$239K (2024) → $247K (2025)
Catherine Melvin
Vice President, Finance & Accounting
New on the 2025 filing
40 hrs/week
$225K (2025)
Patricia Riveire
Chief Alumni Officer
New on the 2025 filing
40 hrs/week
$220K (2025)
Louis G Jordan
Vice Chair
Iuf Board Director → Vice Chair, 2024
On filings since 2019
No compensation reported
Steven A Martin
Assistant Corporate Secretary
Assistant Corp Secretary → Assistant Corporate Secretary, 2022
On filings since 2019
No compensation reported
Former officers (47)
- Former: Cynthia S Skjodt (2019–2024) — Iuf Board Director
- Former: Joseph T Morrow (2019–2024) — Iuf Board Director
- Former: Kathleen A Ligocki (2019–2024) — Iuf Board Director
- Former: Lacy M Johnson (2019–2024) — Iuf Board Director
- Former: Richard C Searles (2019–2024) — Iuf Board Director
- Former: Sandra E Laney (2019–2024) — Iuf Board Director
- Former: Isaac P Torres (2022–2024) — Iuf Board Director
- Former: Scott Ryan (2022–2024) — Director of Investments
- Former: Sheila Decker (2023–2024) — Vice President & Administration
- Former: Dale Ellen Leff (2019–2023) — Iuf Board Director
- Former: Dorothy Metaj (2019–2023) — Vice President Development & Indianapolis
- Former: Julie Beth Vipperman (2023) — Senior Vice President, Human Resources & Culture
- Former: Ann S Harrison (2019–2022) — Iuf Board Director
- Former: David G Elmore (2019–2022) — Iuf Board Director
- Former: Gary Stratten (2019–2022) — Former Executive Vice President Investments & CIO
- Former: Harry L Gonso (2019–2022) — Iuf Board Director
- Former: Julie Inskeep (2019–2022) — Iuf Board Director
- Former: MaryEllen Bishop (2019–2022) — Iuf Board Director
- Former: Michael J Mirro (2019–2022) — Iuf Board Director
- Former: Robert H McKinney (2019–2022) — Iuf Board Director
- Former: Stacy Knapper (2019–2022) — General Counsel
- Former: V William Hunt (2019–2022) — Iuf Board Director
- Former: Anne Wymore (2021–2022) — Vice President, Marketing & Annual Giving
- Former: Pat Shoulders (2021–2022) — Iuf Board Director
- Former: Daniel C Smith (2019–2021) — President & CEO
- Former: Michael A McRobbie (2019–2021) — Board Chair & Iuf Board Director
- Former: Richard Dupree (2019–2021) — Executive Vice President for Development
- Former: Bryan Melvin (2021) — Vice President Development & Prin Gifts
- Former: Alan B Gilman (2019–2020) — Iuf Board Director
- Former: Bill C Brown (2019–2020) — Iuf Board Director
- Former: Clarence H Doninger (2019–2020) — Iuf Board Director
- Former: Dave Evans (2019–2020) — Iuf Board Director
- Former: Ellen C Gignilliat (2019–2020) — Iuf Board Director
- Former: Gary J Anderson (2019–2020) — Iuf Board Director
- Former: Gayle K Cook (2019–2020) — Iuf Board Director
- Former: J Robert Quigg III (2019–2020) — Iuf Board Director
- Former: Lynn E Reichle (2019–2020) — Iuf Board Director
- Former: Milton R Stewart (2019–2020) — Vice Chairman
- Former: Norman E Pfau Jr. (2019–2020) — Iuf Board Director
- Former: PA Mack Jr. (2019–2020) — Iuf Board Director
- Former: Patrick A Shoulders (2019–2020) — Iuf Board Director
- Former: Richard L Johnson Jr. (2019–2020) — Iuf Board Director
- Former: Scott C Schurz (2019–2020) — Iuf Board Director
- Former: Stephen A Stitle (2019–2020) — Iuf Board Director
- Former: Tim Morris (2019–2020) — Iuf Board Director
- Former: Jay B Hunt (2019) — Iuf Board Director
- Former: Jeff Lindauer (2019) — Vice President, Adv. Serv & Mg Director Cap Camp
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 $512K, to J Thomas Forbes (President and CEO). 14 officers or directors reported compensation on that filing.
Frequently asked questions about Indiana University Foundation
How much does Indiana University Foundation give each year?
Indiana University Foundation gave $403.6M across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $190.2M across 4 grants.
What is Indiana University Foundation's typical grant size?
Indiana University Foundation's median grant in 2025 was $77,986,236, and its average grant was $100,888,952, across 4 grants on its 2025 IRS Form 990.
Where does Indiana University Foundation give grants?
Indiana University 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 Bloomington, IN (4 grants).
Does Indiana University Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Indiana University Foundation's 2025 IRS Form 990 were described as general or operating support.
How large is Indiana University Foundation?
Indiana University Foundation reported $4.7B in total assets on its 2025 IRS Form 990. Its revenue that year was $598.7M.
What is Indiana University Foundation?
Indiana University Foundation is a public charity focused on Education, based in Bloomington, IN. It holds $4.7B in total assets as of 2025.
What is Indiana University Foundation's EIN?
Indiana University Foundation's EIN (Employer Identification Number) is 35-6018940. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS June 11, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Indiana University Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Indiana University Foundation's focus areas in our free grants database
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Figures come from Indiana University Foundation'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.
Indiana University Foundation down — hundreds of funders to go?