Nu Lambda Foundation is a private foundation focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $211K in total assets. In 2025, it made $60 in qualifying distributions. Net investment income was $5.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$211K
-0.0% YoY
Revenue
$5
-100.0% YoY
Qualifying Distributions
$60
-99.7% YoY
Expenses
$60
-99.7% YoY
Under IRS private-foundation payout rules, Nu Lambda Foundation reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
About Nu Lambda Foundation
Based on IRS filings
Nu Lambda Foundation is a private foundation focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $211K in total assets. In 2025, it made $60 in qualifying distributions. Net investment income was $5.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $211,000 | $211,056 | $163,944 |
| Revenue | $5 | $65,540 | $21,707 |
| Expenses | $60 | $18,428 | $15,540 |
| Qualifying Distributions | $60 | $18,428 | $15,540 |
| Net Investment Income | $5 | $56,120 | $8 |
| Distributable Amount | $10,393 | $8,132 | $7,922 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN DEARDURFF | CHAIRMAN | 3 | — |
| BART BURKE | VICE CHAIRMAN | 2 | — |
| SHAWN HENEISEN | TREASURER | 4 | — |
| JOSEPH SPENCER | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nu Lambda Foundation?
Nu Lambda Foundation is a private foundation focused on Education, based in EVANSVILLE, IN. It holds $211K in total assets as of 2025.
How large is Nu Lambda Foundation?
As of 2025, Nu Lambda Foundation holds $211K in total assets with $5 in annual revenue.
Where does Nu Lambda Foundation operate?
Nu Lambda Foundation has awarded grants in Indiana.
How much is Nu Lambda Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Nu Lambda Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nu Lambda Foundation's EIN?
Nu Lambda Foundation's EIN (Employer Identification Number) is 82-3407424. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Nu Lambda Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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