Indianapolis Public Schools Education Foundation Inc
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.
Indianapolis Public Schools Education Foundation Inc at a glance
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.
- Annual giving (2025)
- $4,104,297
- -6.5% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $4,104,297
- -6.5% vs 2024
- Median grant
- $4,104,297
- Total assets
- $14,025,427
- +34.8% 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 Indianapolis Public Schools Education Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Indianapolis Public Schools ($4.1M).
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 12 (42%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indianapolis Public Schools Indianapolis, IN | Educational Assistance | $4,104,297 |
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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 | $14,025,427 | $9,373,189 | $5,282,356 | $4,104,297 | 1 | $381,850 |
| 2024 | $10,407,670 | $5,497,159 | $5,470,839 | $4,390,751 | 1 | $365,757 |
| 2023 | $10,069,153 | $6,355,840 | $5,298,320 | $4,034,200 | 2 | $213,468 |
| 2022 | $8,991,095 | $5,839,882 | $4,160,950 | $3,252,364 | 4 | $115,619 |
| 2021 | $6,728,163 | $3,526,296 | $2,692,166 | $2,315,897 | 4 | $106,169 |
| 2020 | $5,251,599 | $3,982,165 | $2,251,653 | $1,899,776 | 4 | $96,082 |
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
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
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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 19, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS December 10, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Indianapolis Public Schools Education Foundation Inc funds
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