Indiana Utility Rate Payer Trust Dtd

501(c)(4) organization Muncie, IN EIN: 35-6651129

To provide funds to help cover legal and other expenses to any and all who are affected determentially by utility rates and practices in Indiana.

Indiana Utility Rate Payer Trust Dtd at a glance

In short: Indiana Utility Rate Payer Trust Dtd gave $168K across 2 grants in 2025 (avg $84K), mostly in Indiana. Source: 2025 IRS Form 990.

Annual giving (2025)
$168,288
-41.6% vs 2024
Grants made (2025)
2
+0.0% vs 2024
Average grant
$84,144
-41.6% vs 2024
Median grant
$84,144
Total assets
$7,488,233
-0.5% 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.

Who Indiana Utility Rate Payer Trust Dtd funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

CAC Education Fund: $146KCAC Education Fund$146KEnergy Matters CCI: $23KEnergy Matters CCI$23K

The largest 2025 recipient was CAC Education Fund ($146K). Together the top 2 received $168K.

Grant Size Distribution

27 grants across all recorded years

20<$50K4$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 27 (74%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

ColumbusIndianapolisCenter PointDallasSt. Louis

How Indiana Utility Rate Payer Trust Dtd gives

  • Giving held roughly steady from 2022 to 2025 (−3%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K10 grants2020 11 grants2021 7 grants2022 5 grants2023 2 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $168K (2025) to $338K (2021). In 2025 it made 2 grants totaling $168K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
CAC Education Fund Indianapolis, INProvide assistance$145,643
Energy Matters CCI Columbus, INProvide assistance$22,645
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$7,488,233$281,485$321,358$168,2882$281,485
2024$7,528,106$268,688$397,108$288,2502$268,688
2023$7,656,526$262,992$388,322$284,9645$262,100
2022$7,480,897$294,604$293,737$173,2657$194,597
2021$8,701,155$379,697$439,932$337,84411$379,697
2020$8,509,062$587,504$363,400$260,70310$587,504

About Indiana Utility Rate Payer Trust Dtd

Based on IRS filings

Indiana Utility Rate Payer Trust Dtd is a public charity, based in Muncie, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.5M in total assets. In 2025, it awarded 2 grants totaling $168K. Net investment income was $281K.

Leadership & Key People

Officers and directors from IRS filings

Indiana Utility Rate Payer Trust Dtd's 2025 filing lists 6 officers; all 6 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • First Merchants Private Wealth Advisors

    Trustee

    On filings since 2024

    1 hr/week

    $72K (2024) → $77K (2025)

  • Anne Becker

    Executive Committee

    Executive Co → Executive Committee, 2023

    On filings since 2020

    1 hr/week

    $5K (2020) → $8K (2025)

  • Chris Williams

    Executive Committee

    Executive Co → Executive Committee, 2023

    On filings since 2020

    1 hr/week

    $5K (2020) → $8K (2025)

  • June Lyle

    Executive Committee

    Executive Co → Executive Committee, 2023

    On filings since 2020

    1 hr/week

    $5K (2020) → $8K (2025)

  • Richard Hill

    Executive Committee

    Executive Co → Executive Committee, 2023

    On filings since 2020

    1 hr/week

    $5K (2020) → $8K (2025)

  • Robert K. Johnson

    Executive Committee

    Executive Co → Executive Committee, 2023

    On filings since 2020

    1 hr/week

    $5K (2020) → $8K (2025)

Former officers (3)
  • Former: First Merchants Private Wealth Adviso (2023) — Trustee
  • Former: First Merchants Private Wealth ADV (2021–2022) — Trustee
  • Former: Hoosier Trust Company (2020) — Trustee

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.

Compensation Overview

From 2025 IRS filing

First Merchants Private Wealth Advisors — Trustee: $77KFirst Merchants Private…Trustee$77KMs Anne Becker — Executive Committee: $8KMs Anne BeckerExecutive Committee$8KRobert K Johnson — Executive Committee: $8KRobert K JohnsonExecutive Committee$8KRichard Hill — Executive Committee: $8KRichard HillExecutive Committee$8KMs June Lyle — Executive Committee: $8KMs June LyleExecutive Committee$8KChris Williams — Executive Committee: $8KChris WilliamsExecutive Committee$8K

The highest reported compensation on the 2025 filing was $77K, to First Merchants Private Wealth Advisors (Trustee). 6 officers or directors reported compensation on that filing.

Frequently asked questions about Indiana Utility Rate Payer Trust Dtd

How much does Indiana Utility Rate Payer Trust Dtd give each year?

Indiana Utility Rate Payer Trust Dtd gave $168K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $288K across 2 grants.

How large is Indiana Utility Rate Payer Trust Dtd?

Indiana Utility Rate Payer Trust Dtd reported $7.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $281K.

Where does Indiana Utility Rate Payer Trust Dtd operate?

Indiana Utility Rate Payer Trust Dtd has awarded grants in Indiana, Missouri, Texas.

What is Indiana Utility Rate Payer Trust Dtd's EIN?

Indiana Utility Rate Payer Trust Dtd's EIN (Employer Identification Number) is 35-6651129. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 2025)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  4. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  5. Updated Form 990 for fiscal year 2021 (received by the IRS June 27, 2022)
  6. Updated Form 990 for fiscal year 2022 (received by the IRS March 6, 2023)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Indiana Utility Rate Payer Trust Dtd'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.

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