Indigo Foundation Inc is a private independent foundation established in Louisville, Kentucky. The foundation operates as a 501(c)(3) private foundation under IRS classification T22 (Private Independent Foundations). It has been tax-exempt since August 2017. The foundation maintains a lean operational structure with a three-person board and does not maintain a public website.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.3M
+13.0% YoY
Annual Giving
$3.9M
+41.5% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$297K
+30.6% YoY
Mission & Focus Areas
Indigo Foundation Inc primarily focuses on human services organizations, with particular emphasis on:
- Healthcare access
- Child development
- Workforce development
- Education initiatives
Grantmaking
The foundation does not maintain a public application process and only accepts grants to preselected organizations. Unsolicited grant applications are not accepted.
Grant Range
Up to $800,000
Average Grant
$227,778
How to Apply
**
Ready to take the next step with Indigo Foundation?
Geographic Focus
Where this funder awards grants
The foundation operates primarily in Kentucky, with a focus on:
- Louisville
- Lexington
- Frankfort
- Hazard
Select grants are also made in California and Illinois.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving:
- Total assets: $41 million (2024)
- Annual distributions: $3.9 million (2024)
- Total assets: $35,294,356 (2023)
- Total giving: $3,866,666 (2023)
Revenue (2023):
- Total grants, contributions, etc.: $4,002,021
- Investment income and dividends: $900,447
- Net gain from sale of non-inventory assets: $5,432,096
- Total revenues: $10,373,618
- Total expenses: $2,845,267
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,294,356 | $31,232,825 | $27,706,495 |
| Revenue | $14,104,181 | $10,373,618 | $706,673 |
| Expenses | $4,147,823 | $2,845,267 | $1,850,554 |
| Qualifying Distributions | $3,873,715 | $2,736,646 | $1,712,058 |
| Net Investment Income | $8,049,152 | $6,251,505 | $582,672 |
| Distributable Amount | $1,739,118 | $1,522,518 | $1,633,847 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a three-person board with minimal compensation. The President and Vice President serve without compensation, while the Secretary/Treasurer received $4,277 in compensation (2024).
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LESLIE TAYLOR | PRESIDENT | 1 | — |
| VICKI BUSTER | VICE PRESIDENT | 1 | — |
| LAURA FORBES | SECRETARY/TREASURER | 1 | $4,277 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Mildred H Dunning Memorial Fund Trust
LEXINGTON, KY
Assets
$4.3M
Grants
3
Total Given
$209K
Pauline C Young Scholarship
LEXINGTON, KY
Assets
—
Grants
0
Total Given
—
Welcome House Inc
COVINGTON, KY
Assets
$15.7M
Grants
1
Total Given
$405K
Tw Hl & Ns Donovan Scholarship
LEXINGTON, KY
Assets
$673K
Grants
2
Total Given
$36K
Taking Back Our Neighborhood Together
GLENVIEW, KY
Assets
$21K
Grants
0
Total Given
—
John T Reis Private Foundation
COVINGTON, KY
Assets
$200K
Grants
11
Total Given
$341K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Indigo Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities