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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.4B
+6.1% YoY
Annual Giving
$190.2M
+4.4% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$47.6M
+4.4% 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 2024. As of 2024, the organization holds $4.4B in total assets. In 2024, it awarded 4 grants totaling $190.2M. Net investment income was $182.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,436,783,006 | $4,180,043,938 | $4,146,756,017 |
| Revenue | $447,818,816 | $426,110,057 | $496,884,303 |
| Expenses | $281,606,520 | $261,097,805 | $389,768,635 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $182,839,240 | $224,825,432 | $242,675,258 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Open Grants
4 open opportunities from Indiana University Foundation
Affinity Giving Grants (Consolidated Program)
Indiana University Foundation
Amount
$4,000 - $50,000
Deadline
February 1, 2027
Black Philanthropy Circle (BPC) Grants
Indiana University Foundation
Amount
$4,000 - $50,000
Deadline
May 10, 2026
Queer Philanthropy Circle (QPC) Grants
Indiana University Foundation
Amount
$2,450 - $57,750
Deadline
March 1, 2027
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J Thomas Forbes | President and CEO | 40 | $484,788 |
| Pamela S Whitten | Chairman of the Board | — | — |
| Louis G Jordan | Vice Chair | — | — |
| Kim I Pressman | 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 | — | — |
| Cheryl Sullivan | IUF Board Director | — | — |
| Curtis A Ferguson | IUF Board Director | — | — |
| Cynthia S Skjodt | IUF Board Director until 2/24 | — | — |
| David C Evans | IUF Board Director | — | — |
| David H Jacobs Jr | IUF Board Director | — | — |
| Dena Rae Hancock | IUF Board Director | — | — |
| Derrick Burks | IUF Board Director | — | — |
| Donna Spears | IUF Board Director | — | — |
| Glenn Scolnik | IUF Board Director | — | — |
| Gregg T Summerville | IUF Board Director | — | — |
| Isaac P Torres | IUF Board Director until 10/23 | — | — |
| 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 | — | — |
| Joseph T Morrow | IUF Board Director until 8/23 | — | — |
| Julie Christopher | IUF Board Director | — | — |
| Julie Davis | IUF Board Director | — | — |
| Kathleen Ligocki | IUF Board Director until 6/24 | — | — |
| Kathryn R Booth | IUF Board Director | — | — |
| Kenneth W Kaczmarek | IUF Board Director | — | — |
| Kevin Gay | IUF Board Director | — | — |
| Lacy M Johnson | IUF Board Director until 6/24 | — | — |
| Linda S Watson | 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 C Searles | IUF Board Director until 6/24 | — | — |
| 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 | — | — |
| Sallie Jo Tardy Mitzell | IUF Board Director | — | — |
| Sandra E Laney | IUF Board Director until 8/23 | — | — |
| 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 | — | — |
| Joyce Q Rogers | EVP for Development | 40 | $335,368 |
| Jeffrey D Stumpf | EVP for Finance & Oper. until 10/23 | 40 | $348,202 |
| Philippa Guthrie | EVP, Gen Counsel & Corp Board Secretary | 40 | $230,134 |
| Steven A Martin | Assistant Corporate Secretary | — | — |
| D Abe Weldy | Co-CIO | 40 | $736,336 |
| James Bergstrom | Co-CIO | 40 | $732,079 |
| Mary Bonk | VP, Adv Proj Mgt, Support & Tech Serv | 40 | $256,460 |
| Julie McFall | Senior VP, Human Resources & Culture | 40 | $238,677 |
| Sarah Beggs | Chief of Staff & Sr VP, Strat Initiatives | 40 | $220,177 |
| Scott Ryan | Director of Investments | 40 | $412,808 |
| Paula Jenkins | VP, Principal Gifts | 40 | $257,230 |
| Jeffrey Lindauer | VP, University Advancement | 40 | $268,315 |
| Elizabeth Feeny | VP of Development | 40 | $214,740 |
| Sheila Decker | VP, Administration | 40 | $203,648 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Harold Ellison Scholarship Fund 002188
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Assets
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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