Indianapolis Public Schools Education Foundation Inc logo

Indianapolis Public Schools Education Foundation Inc

Public charity · Grantmaker Indianapolis, IN EIN: 31-1103966 Website

The indianapolis public schools foundation is an independent non-profit that secures philanthropic support to advance the strategic priorities of the indianapolis public schools. We support ips leadership to define priorities for private investment and works closely with community leaders and philanthropic champions to raise mission-critical funding that enables ips to accelerate progress.

Key facts about Indianapolis Public Schools Education Foundation Inc

In short: Indianapolis Public Schools Education Foundation Inc gave $4.1M across 1 grant in 2025 (avg $4.1M), mostly in Indiana. Source: 2025 IRS Form 990.

EIN
31-1103966
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$4,104,297
Grants made (2025)
1
Average grant
$4,104,297
Median grant
$4,104,297
Total assets
$14,025,427
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

$14.0M

+34.8% YoY

Annual Giving

$4.1M

-6.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$4.1M

-6.5% YoY

How Indianapolis Public Schools Education Foundation Inc gives

  • Giving grew 26% from 2022 to 2025. Method

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

About Indianapolis Public Schools Education Foundation Inc

Based on IRS filings

Indianapolis Public Schools Education Foundation Inc is a public charity focused on Education, based in Indianapolis, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $14.0M in total assets. In 2025, it awarded 1 grant totaling $4.1M. Net investment income was $382K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

IndianapolisPortland

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M4 grants2020 4 grants2021 4 grants2022 2 grants2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $1.9M (2020) to $4.4M (2024). In 2025 it made 1 grant totaling $4.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Indianapolis Public Schools: $4.1MIndianapolis Public Schools$4.1M

The largest 2025 recipient was Indianapolis Public Schools ($4.1M).

Grant Size Distribution

12 grants across all recorded years

2<$50K$50–100K5$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $100–250K range: 5 grants of 12 (42%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Indianapolis Public Schools Indianapolis, INEducational Assistance$4,104,297

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$14,025,427$10,407,670$10,069,153
Revenue$9,373,189$5,497,159$6,355,840
Expenses$5,282,356$5,470,839$5,298,320
Net Investment Income$381,850$365,757$213,468

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS April 19, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS December 10, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2022)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2023)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2024)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS November 13, 2025)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Indianapolis Public Schools Education Foundation Inc is led by Stephannie Bailey, CEO on every filing since 2020; 3 of 12 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Stephannie Bailey

    CEO

    On filings since 2020

    40 hrs/week

    $172K (2020) → $231K (2025)

  • Jonathan Coffington

    Chair

    Vice President → Chair, 2025

    On filings since 2024

    3 hrs/week

    No compensation reported

  • Kelly Riley

    Chief Growth Officer

    On filings since 2024

    40 hrs/week

    $104K (2024) → $121K (2025)

  • Aisha Goens

    Chief Operating Officer

    New on the 2025 filing

    40 hrs/week

    $116K (2025)

  • Kirk Bevington

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Shaneka Pedersen

    Member

    Vice President → President, 2022

    President → Member, 2025

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Stephen Downing Jr.

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elizabeth Lerch

    Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ginger Lippert

    Vice Chair

    Member → Secretary, 2023

    Secretary → Vice Chair, 2025

    On filings since 2022

    3 hrs/week

    No compensation reported

  • Kevin Shelley

    Secretary

    Member → Secretary, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Timothy Coleman

    Treasurer

    On filings since 2023

    3 hrs/week

    No compensation reported

  • Aaron Gillum

    Member

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (10)
  • Former: Diane Arnold (2020–2024) — Member
  • Former: Jonathan Coffin (2021–2023) — Vice President
  • Former: Aaron Bradshaw (2020–2022) — Member
  • Former: Andy Barton (2020–2022) — Treasurer
  • Former: Teresa Bennett (2021–2022) — Secretary
  • Former: Tim Coleman (2022) — Member
  • Former: Torriaun Everett (2022) — Member
  • Former: Dorene Rodriguez Hoops (2020–2021) — Member
  • Former: Tiffany Hanson (2020–2021) — Member
  • Former: Elizabeth White (2020) — Member

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

Stephannie Bailey — CEO: $231KStephannie BaileyCEO$231KKelly Riley — Chief Growth Officer: $121KKelly RileyChief Growth Officer$121KAisha Goens — Chief Operating Officer: $116KAisha GoensChief Operating Officer$116K

The highest reported compensation on the 2025 filing was $231K, to Stephannie Bailey (CEO). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Indianapolis Public Schools Education Foundation Inc

How much does Indianapolis Public Schools Education Foundation Inc give each year?

Indianapolis Public Schools Education Foundation Inc gave $4.1M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.4M across 1 grant.

How large is Indianapolis Public Schools Education Foundation Inc?

Indianapolis Public Schools Education Foundation Inc reported $14.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.4M.

What is Indianapolis Public Schools Education Foundation Inc?

Indianapolis Public Schools Education Foundation Inc is a public charity focused on Education, based in Indianapolis, IN. It holds $14.0M in total assets as of 2025.

Where does Indianapolis Public Schools Education Foundation Inc operate?

Indianapolis Public Schools Education Foundation Inc has awarded grants in Indiana, Oregon.

What is Indianapolis Public Schools Education Foundation Inc's EIN?

Indianapolis Public Schools Education Foundation Inc's EIN (Employer Identification Number) is 31-1103966. IRS Form 990 filing data is available on this page for 2020–2025.

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

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