Renewing Communities Inc is a private foundation focused on Human Services, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 5 grants totaling $478K. Net investment income was $57K.
Key facts about Renewing Communities Inc
- EIN
- 84-3081622
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $478,333
- Grants made (2024)
- 5
- Average grant
- $95,667
- Median grant
- $61,134
- Total assets
- $5,316,951
- Primary geography
- Indiana (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Renewing Communities Inc funds
By grant dollars, the top recipient states for Renewing Communities Inc's 5 itemized 2024 grants were Indiana (100%). The most frequent recipient cities were Indianapolis, IN (5 grants). None of its 5 grants with a stated purpose were described as general or operating support.
How Renewing Communities Inc gives
- Giving grew 481% from 2021 to 2024. Method
- In 2024 it paid out 372% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Renewing Communities Inc
- How to evaluate Renewing Communities Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.3M
-9.6% YoY
Annual Giving
$478K
+91.9% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$96K
+130.2% YoY
Under IRS private-foundation payout rules, Renewing Communities Inc reported a distributable amount of $215K for 2024 — the minimum it must pay out in qualifying distributions.
About Renewing Communities Inc
Based on IRS filings
Renewing Communities Inc is a private foundation focused on Human Services, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.3M in total assets. In 2024, it awarded 5 grants totaling $478K. Net investment income was $57K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,316,951 | $5,879,862 | $5,928,787 |
| Revenue | $2,062,196 | $2,126,525 | $1,946,907 |
| Expenses | $2,296,959 | $2,249,231 | $1,964,757 |
| Qualifying Distributions | $798,595 | $638,612 | $560,592 |
| Net Investment Income | $56,846 | $8,010 | $13,266 |
| Distributable Amount | $214,594 | $279,700 | $47,417 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include LBNB Grant Payouts ($233,541), Community Assistance Grants ($99,767), Emergency Rent Assistance Grant for ($61,134).
| Recipient | Purpose | Amount |
|---|---|---|
| LBNB GRANT PAYOUTS Indianapolis, IN | VARIOUS GRANTS | $233,541 |
| COMMUNITY ASSISTANCE GRANTS Indianapolis, IN | OTHER EMERGENCY AND COMMUNITY ASSISTANCE | $99,767 |
| EMERGENCY RENT ASSISTANCE GRANT FOR Indianapolis, IN | EMERGENCY RENT ASSISTANCE | $61,134 |
| RC CHARITABLE GIVING Indianapolis, IN | VARIOUS GRANTS | $45,902 |
| DENTALHEALTHCARE ASSISTANCE FUND Indianapolis, IN | DENTAL AND MEDICAL ASSISTANCE FOR THE COMMUNITY | $37,989 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephanie Fernhaber | President | — | — |
| John Gammon | Vice President | — | — |
| Ethan Fernhaber | Treasurer | — | — |
| Amanda Warren | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Renewing Communities Inc?
Renewing Communities Inc is a private foundation focused on Human Services, based in Indianapolis, IN. It holds $5.3M in total assets as of 2024.
How large is Renewing Communities Inc?
As of 2024, Renewing Communities Inc holds $5.3M in total assets with $2.1M in annual revenue. It awarded 5 grants totaling $478K in 2024.
Where does Renewing Communities Inc operate?
Renewing Communities Inc has awarded grants in Colorado, Indiana.
What size grants does Renewing Communities Inc award?
In 2024, Renewing Communities Inc awarded 5 grants totaling $478K — an average of about $96K per grant, based on its IRS Form 990 filings.
How much is Renewing Communities Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Renewing Communities Inc reported a distributable amount of $215K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Renewing Communities Inc's EIN?
Renewing Communities Inc's EIN (Employer Identification Number) is 84-3081622. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.