Indigo Foundation
Indigo Foundation is a private foundation based in Louisville, Kentucky. In 2024, it made 13 grants totaling $3,866,666, with most grant dollars going to recipients in Kentucky.
Indigo Foundation at a glance
In short: Indigo Foundation gave $3.9M across 13 grants in 2024 (avg $297K), mostly in Kentucky. 46% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,866,666
- +41.5% vs 2023
- Grants made (2024)
- 13
- +8.3% vs 2023
- Average grant
- $297,436
- +30.6% vs 2023
- Median grant
- $250,000
- Total assets
- $35,294,356
- +13.0% vs 2023
- New grantees (estimate)
- 46% first-time grantees (6 of 13, 2024; small sample)
- Primary geography
- Kentucky (75% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Indigo Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 4949 Old Brownsboro Rd 249, Louisville, KY 40222
Phone: (502) 403-7006
Website: https://indigofoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Indigo Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Baptist Health Foundation Greater Louisville Inc ($750K). Together the top 10 received $3.7M.
Grant Size Distribution
59 grants across all recorded years
The most common grant size was in the $250–500K range: 23 grants of 59 (39%).
Geographic Focus
Where this funder awards grants
In 2024, 75% of grant dollars went to recipients in Kentucky, 22% to California, and 3% to Massachusetts. Named recipients include organizations in Louisville and Lexington, Kentucky; San Francisco and Solano Beach, California; and Taunton, Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Is Indigo Foundation open to new grantees?
46%
first-time grantees, 2024
In 2024, 6 of 13 grantees (46%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $311K; repeat grants $286K. How we count
Medians: $233K first-time, $250K repeat.
- 46% of 2024 grantees were also funded in 2023. Method
- Giving grew 180% from 2021 to 2024. Method
- In 2024 it paid out 223% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2020) to $3.9M (2024). In 2024 it made 13 grants totaling $3.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baptist Health Foundation Greater Louisville Inc Louisville, KY | Child Development Center | $750,000 |
| National Philanthropic Trust (Optimus Foundation) San Francisco, CA | Imgaine Worldwide and Americares | $600,000 |
| Family Community Clinic Inc Louisville, KY | Human Services | $500,000 |
| Jefferson Community Technical College Foundation Inc Louisville, KY | Human Services | $500,000 |
| Volunteers of America Mid-States Inc Louisville, KY | Human Services | $266,666 |
| 21ST Century Parks Endowment Inc Louisville, KY | Human Services | $250,000 |
| U-Go Initiative Solano Beach, CA | Human Services | $250,000 |
| University of Kentucky Lexington, KY | UK Leads Scholarship Program | $250,000 |
| Waterstep Inc Louisville, KY | Human Services | $200,000 |
| 21ST Century Parks Inc Louisville, KY | The Parklands of Floyds Fork | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $35,294,356 | $14,104,181 | $4,147,823 | $3,866,666 | 13 | $3,873,715 | $8,049,152 | $1,739,118 |
| 2023 | $31,232,825 | $10,373,618 | $2,845,267 | $2,733,333 | 12 | $2,736,646 | $6,251,505 | $1,522,518 |
| 2022 | $27,706,495 | $706,673 | $1,850,554 | $1,708,684 | 9 | $1,712,058 | $582,672 | $1,633,847 |
| 2021 | $28,850,376 | $2,067,928 | $1,510,254 | $1,381,667 | 12 | $1,385,500 | $1,409,283 | $1,696,582 |
| 2020 | $28,314,971 | $-55,604 | $1,356,078 | $1,149,600 | 13 | — | $450,757 | $1,530,470 |
Under IRS private-foundation payout rules, Indigo Foundation reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated approach emphasizes community-led development and long-term partnerships. Its guiding principles are community ownership, sustainability, transparency, and gender equity. It says it works to support local organizations that can be overlooked by larger development agencies.
Its 2024 grantees include organizations working in varied areas. Family Community Clinic describes its mission as meeting the health needs of people who are indigent or uninsured. WaterStep says it provides safe-water, sanitation, and hygiene solutions to communities in need around the world. U-GO Initiative says it provides scholarships to help young women in low-income countries pursue tertiary education. Other recipients describe work in parks and green spaces, hunger relief, veterans’ housing, child development, human services, and scholarships.
Grantmaking
In 2024, the foundation made 13 grants totaling $3,866,666. Grant amounts ranged from $50,000 to $750,000, and the median was $250,000.
Among its largest 2024 grants were $750,000 to Baptist Health Foundation Greater Louisville for a child development center; $600,000 to National Philanthropic Trust (Optimus Foundation) for “IMGAINE WORLDWIDE AND AMERICARES”; and $500,000 each to Family Community Clinic and Jefferson Community Technical College Foundation, both for human services. Other notable grants included $266,666 to Volunteers of America Mid-States for human services, $250,000 to the University of Kentucky for the UK Leads Scholarship Program, and $200,000 to WaterStep for human services.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Leslie Taylor as president, Vicki Buster as vice president, and Laura Forbes as secretary/treasurer.
Indigo Foundation is led by Leslie Taylor, President on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Leslie Taylor
President
On filings since 2020
1 hr/week
No compensation reported
Laura Forbes
Secretary & Treasurer
On filings since 2020
1 hr/week
$4K (2020) → $4K (2024)
Vicki Buster
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $4K, to Laura Forbes (Secretary/Treasurer).
Frequently asked questions about Indigo Foundation
How much does Indigo Foundation give each year?
Indigo Foundation gave $3.9M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.7M across 12 grants.
What is Indigo Foundation's typical grant size?
Indigo Foundation's median grant in 2024 was $250,000, and its average grant was $297,436, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Indigo Foundation that year got $311K on average.
Where does Indigo Foundation give grants?
Indigo Foundation gives mostly in Kentucky: 75% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (22%). The most frequent recipient cities were Louisville, KY (9 grants).
Does Indigo Foundation give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on Indigo Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Human Services" (8 grants).
Who are Indigo Foundation's largest grantees?
Indigo Foundation's largest 2024 grantees include Baptist Health Foundation Greater Louisville Inc ($750,000), National Philanthropic Trust (Optimus Foundation) ($600,000) and Family Community Clinic Inc ($500,000), according to its 2024 IRS Form 990-PF. Together they received 48% of its itemized 2024 grant dollars.
How large is Indigo Foundation?
Indigo Foundation reported $35.3M in total assets on its 2024 IRS Form 990-PF. It paid out $3.9M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).
What does Indigo Foundation fund?
The foundation’s stated approach emphasizes community-led development and long-term partnerships. Its guiding principles are community ownership, sustainability, transparency, and gender equity. It says it works to support local organizations that can be overlooked by larger development agencies. See mission & focus areas ↑
How do I apply for a grant from Indigo Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Indigo Foundation's EIN?
Indigo Foundation's EIN (Employer Identification Number) is 81-4600741. IRS Form 990 filing data is available on this page for 2020–2024.
Does Indigo Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Indigo Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/indigo-foundation-morg_a333374c19d84528b6920b89a7ead84f
BibTeX
@misc{grantable_814600741_2026,
author = {{Grantable}},
title = {{Indigo Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/indigo-foundation-morg_a333374c19d84528b6920b89a7ead84f},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Indigo Foundation'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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