Indy Championships Fund Inc

501(c)(6) organization Indianapolis, IN EIN: 82-3742107

Promote the common business interests, growth, opportunity, and the general economic welfare for indianapolis-area businesses by attracting and hosting professional and amateur sports championship games, tournaments, and/or competitions, and other extraordinary events or conventions in and around the city.

Key facts about Indy Championships Fund Inc

In short: Indy Championships Fund Inc gave $8.7M across 3 grants in 2024 (avg $2.9M), mostly in Indiana. Source: 2024 IRS Form 990.

EIN
82-3742107
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$8,722,798
Grants made (2024)
3
Average grant
$2,907,599
Median grant
$1,176,310
Primary geography
Indiana (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

—

Annual Giving

$8.7M

+339.8% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$2.9M

+46.6% YoY

How Indy Championships Fund Inc gives

  • Giving grew 41% from 2021 to 2024. Method

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

About Indy Championships Fund Inc

Based on IRS filings

Indy Championships Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $8.7M. Net investment income was $105K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

Indianapolis

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M3 grants2020 2 grants2021 2 grants2022 1 grant2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $8.7M (2024). In 2024 it made 3 grants totaling $8.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

2021 All Star Inc: $6.9M2021 All Star Inc$6.9MIndiana Sports Corporation: $1.2MIndiana Sports Corporation$1.2MCapital Improvement Board: $600KCapital Improvement Board$600K

The largest 2024 recipient was 2021 All Star Inc ($6.9M). Together the top 3 received $8.7M.

Grant Size Distribution

11 grants across all recorded years

<$50K$50–100K2$100–250K2$250–500K2$500K–1M3$1–5M2$5M+

The most common grant size was in the $1–5M range: 3 grants of 11 (27%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
2021 All Star Inc Indianapolis, INGeneral Operations$6,946,488
Indiana Sports Corporation Indianapolis, INProgramming$1,176,310
Capital Improvement Board Indianapolis, INProgramming$600,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2.5M$5M$7.5M$10M2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$7,522,646$7,913,531
Revenue$1,566,942$1,656,220$4,417,167
Expenses$9,089,588$2,047,105$3,373,936
Net Investment Income$105,178$360,304$55,024

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 November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS September 3, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Indy Championships Fund Inc is led by David Lewis, President on every filing since 2020; none of the 26 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Lewis

    President

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Earl Goode

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jeff Harrison

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jeff Smulyan

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jim Morris

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Gallina

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Thompson

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jonathan Nalli

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mark Emmert

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mark Howell

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mark Miles

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mel Raines

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Michael Browning

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Pete Ward

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Rick Fuson

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ron Stiver

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ryan Vaughn

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Scott Dorsey

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Steve Simon

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Susan Baughman

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Taylor Schaffer

    Director

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Carlie Irsay-Gordon

    Co-Chair

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Cathy Langham

    Vice President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Derrick Burks

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • John Lechleiter

    Co-Chair

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Rafael Sanchez

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (2)
  • Former: Melissa Caito (2020–2022) — Chief Operating Officer
  • Former: Thomas Cook (2020–2021) — Director

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.

Frequently asked questions about Indy Championships Fund Inc

How much does Indy Championships Fund Inc give each year?

Indy Championships Fund Inc gave $8.7M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.0M across 1 grant.

What is Indy Championships Fund Inc's typical grant size?

Indy Championships Fund Inc's median grant in 2024 was $1,176,310, and its average grant was $2,907,599, across 3 grants on its 2024 IRS Form 990.

Where does Indy Championships Fund Inc give grants?

Indy Championships Fund Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Indianapolis, IN (3 grants).

Does Indy Championships Fund Inc give general operating support?

Yes: 33% of Indy Championships Fund Inc's 2024 grants with a stated purpose (1 of 3) were for general or operating support, per its 2024 IRS Form 990.

What is Indy Championships Fund Inc?

Indy Championships Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in Indianapolis, IN.

What is Indy Championships Fund Inc's EIN?

Indy Championships Fund Inc's EIN (Employer Identification Number) is 82-3742107. IRS Form 990 filing data is available on this page for 2020–2024.

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

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