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 (Continued on Schedule O) campuses and units across the university.
Key facts about Indiana University Foundation
- EIN
- 35-6018940
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $403,555,809
- Grants made (2025)
- 4
- Average grant
- $100,888,952
- Median grant
- $77,986,236
- Total assets
- $4,668,012,589
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Next open deadline
- February 1, 2027 (Affinity Giving Grants (Consolidated Program))
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Indiana University Foundation funds
By grant dollars, the top recipient states for Indiana University Foundation's 4 itemized 2025 grants were Indiana (100%). The most frequent recipient cities were Bloomington, IN (4 grants). None of its 4 grants with a stated purpose were described as general or operating support.
How Indiana University Foundation gives
- Giving grew 27% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Indiana University Foundation
- How to evaluate Indiana University Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.7B
+5.2% YoY
Annual Giving
$403.6M
+112.2% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$100.9M
+112.2% YoY
About Indiana University Foundation
Based on IRS filings
Indiana University Foundation is a nonprofit organization 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
Ready to take the next step with Indiana University Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,668,012,589 | $4,436,783,006 | $4,180,043,938 |
| Revenue | $598,652,224 | $447,818,816 | $426,110,057 |
| Expenses | $501,934,877 | $281,606,520 | $261,097,805 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $194,380,962 | $182,839,240 | $224,825,432 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2019–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
20 grants across all recorded years
Open Grants
3 open opportunities from Indiana University Foundation
Affinity Giving Grants (Consolidated Program)
Indiana University Foundation
Amount
$4,000 - $50,000
Deadline
February 1, 2027
Queer Philanthropy Circle (QPC) Grants
Indiana University Foundation
Amount
$2,450 - $57,750
Deadline
March 1, 2027
Women's Philanthropy Leadership Council (WPLC) Grants
Indiana University Foundation
Amount
$2,500 - $25,000
Deadline
March 1, 2027
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Indiana University ($403,555,809 across 4 grants).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J Thomas Forbes | President and CEO | 40 | $511,589 |
| Pamela S Whitten | Chairman of the Board | — | — |
| Louis G Jordan | Vice Chair | — | — |
| Kenneth W Kaczmarek | IUF Board Director/Treasurer | — | — |
| Aasif M Bade | IUF Board Director | — | — |
| Alan B Graf | IUF Board Director | — | — |
| Alisa L Hendrix | IUF Board Director | — | — |
| Amish Shah | IUF Board Director | — | — |
| Amy Balcius | IUF Board Director | — | — |
| Cheng Wu | IUF Board Director (until 6/30/25) | — | — |
| Cheryl Sullivan | IUF Board Director | — | — |
| Curtis A Ferguson | IUF Board Director | — | — |
| David C Evans | IUF Board Director (until 6/30/25) | — | — |
| David H Jacobs Jr | IUF Board Director | — | — |
| Dena Rae Hancock | IUF Board Director | — | — |
| Derrick Burks | IUF Board Director | — | — |
| Donna Spears | IUF Board Director (until 6/30/25) | — | — |
| Frank Graves | IUF Board Director | — | — |
| Glenn Scolnik | IUF Board Director | — | — |
| Gregg T Summerville | IUF Board Director (until 6/30/25) | — | — |
| James Fielding | IUF Board Director | — | — |
| James R Hodge | IUF Board Director | — | — |
| James Robert Quigg III | IUF Board Director | — | — |
| Jane M Jorgensen | IUF Board Director | — | — |
| John Fernandez | IUF Board Director | — | — |
| Jeff M Fettig | IUF Board Director | — | — |
| John Timothy Morris | IUF Board Director | — | — |
| Julie Christopher | IUF Board Director | — | — |
| Julie Davis | IUF Board Director | — | — |
| Kathryn R Booth | IUF Board Director | — | — |
| Kevin Gay | IUF Board Director | — | — |
| Kim I Pressman | IUF Board Director | — | — |
| Kristin Mays-Corbitt | IUF Board Director | — | — |
| Linda S Watson | IUF Board Director | — | — |
| Mary Boelke | IUF Board Director | — | — |
| Marya Rose | IUF Board Director | — | — |
| Melissa Proffitt Schmidt | IUF Board Director | — | — |
| Michael D Shumate | IUF Board Director | — | — |
| Nate Feltman | IUF Board Director | — | — |
| Pamela Carter | IUF Board Director | — | — |
| Patrica A Martin | IUF Board Director | — | — |
| Randolph L Seger | IUF Board Director | — | — |
| Richard E Woosnam | IUF Board Director | — | — |
| Rick L Johnson Jr | IUF Board Director | — | — |
| Robert Johnson | IUF Board Director | — | — |
| Robert L Zerbe | IUF Board Director | — | — |
| Rodney M Miller Sr | IUF Board Director | — | — |
| Rose C Mays | IUF Board Director (until 2/28/25) | — | — |
| Sallie Jo Tardy Mitzell | IUF Board Director | — | — |
| Steven L Tuchman | IUF Board Director | — | — |
| Theodore D Dickman | IUF Board Director | — | — |
| Victor E Renuart | IUF Board Director | — | — |
| W Michael Wells | IUF Board Director | — | — |
| William Q Buckner | IUF Board Director | — | — |
| Philippa Guthrie | EVP, Gen Counsel & Sec. (until 6/25) | 40 | $246,263 |
| Steven A Martin | Assistant Corporate Secretary | — | — |
| Mary Bonk | Interim EVP Finance and Bus Op, VP Project Managem | 40 | $288,207 |
| James Bergstrom | Co-CIO | 40 | $435,986 |
| D Abe Weldy | Co-CIO | 40 | $440,746 |
| Sarah Beggs | Senior VP, Advancement Services | 40 | $237,876 |
| Julie McFall | Senior VP, Human Resources & Culture | 40 | $246,597 |
| Joyce Q Rogers | EVP for Development | 40 | $352,024 |
| Jeffrey Lindauer | VP, University Advancement | 40 | $272,224 |
| Paula Jenkins | VP, Principal Gifts | 40 | $263,452 |
| Elizabeth Feeny | VP of Development | 40 | $231,410 |
| Catherine Melvin | VP, Fin. and Accounting (until 1/25) | 40 | $224,884 |
| Patricia Riveire | Chief Alumni Officer | 40 | $219,585 |
| Jeffrey D Stumpf | Former EVP for Finance & Operations | 40 | $256,360 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Indiana University Foundation?
Indiana University Foundation is a nonprofit organization focused on Education, based in Bloomington, IN. It holds $4.7B in total assets as of 2025.
How large is Indiana University Foundation?
As of 2025, Indiana University Foundation holds $4.7B in total assets with $598.7M in annual revenue. It awarded 4 grants totaling $403.6M in 2025.
Where does Indiana University Foundation operate?
Indiana University Foundation has awarded grants in Indiana.
What size grants does Indiana University Foundation award?
In 2025, Indiana University Foundation awarded 4 grants totaling $403.6M — an average of about $100.9M per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Indiana University Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.