Starlight Foundation Inc
Starlight Foundation Inc is a private foundation based in Borden, Indiana. Its 2025 filing lists grants to charitable organizations in Indiana, including schools, churches, community organizations, and nonprofits.
Starlight Foundation Inc at a glance
In short: Starlight Foundation Inc gave $287K across 18 grants in 2025 (avg $16K), mostly in Indiana. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $287,280
- +172.6% vs 2024
- Grants made (2025)
- 18
- -21.7% vs 2024
- Average grant
- $15,960
- +248.3% vs 2024
- Median grant
- $6,250
- Total assets
- $3,072,947
- +15.0% vs 2024
- New grantees (estimate)
- 33% first-time grantees (6 of 18, 2025; small sample)
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Starlight Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 533 Louis Smith Road, Borden, IN 47106
Phone: (812) 923-8875
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Starlight Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Providence High School ($153K). Together the top 10 received $267K.
Grant Size Distribution
104 grants across all recorded years
The most common grant size was under $50K: 102 grants of 104 (98%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2025 went to recipients in Indiana.
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
Cities
Is Starlight Foundation Inc open to new grantees?
33%
first-time grantees, 2025
In 2025, 6 of 18 grantees (33%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $6K; repeat grants $21K. How we count
Medians: $5K first-time, $9K repeat.
- 56% of 2025 grantees were also funded in 2024. Method
- Giving grew 134% from 2022 to 2025. Method
- In 2025 it paid out 200% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $26K (2020) to $287K (2025). In 2025 it made 18 grants totaling $287K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Providence High School Clarksville, IN | To Further Exempt Purpose | $152,500 |
| St Mary's of the Knobs Floyd Knobs, IN | To Further Exempt Purpose | $25,000 |
| River Heritage Conservancy Jeffersonville, IN | To Further Exempt Purpose | $20,000 |
| The Montessori Field School Greenville, IN | To Further Exempt Purpose | $15,000 |
| Piercepolk Volunteer Fire Department New Pekin, IN | To Further Exempt Purpose | $15,000 |
| Friends of Borden Community Park Borden, IN | To Further Exempt Purpose | $10,000 |
| Hosparus New Albany, IN | To Further Exempt Purpose | $8,800 |
| St John the Baptist Catholic Church Floyd Knobs, IN | To Further Exempt Purpose | $8,500 |
| Beautiful as You Are (Baya) Clarksville, IN | To Further Exempt Purpose | $7,500 |
| Hope Southern IN New Albany, IN | To Further Exempt Purpose | $5,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,072,947 | $709,460 | $308,308 | $287,280 | 18 | $287,280 | $583,050 | $143,406 |
| 2024 | $2,671,795 | $348,294 | $123,362 | $105,390 | 23 | $105,390 | $171,340 | $135,130 |
| 2023 | $2,446,863 | $308,058 | $135,495 | $100,890 | 24 | $100,890 | $131,655 | $116,173 |
| 2022 | $2,274,300 | $910,980 | $144,231 | $122,642 | 17 | $122,642 | $910,509 | $99,342 |
| 2021 | $1,507,551 | $317,911 | $78,152 | $66,235 | 22 | $66,235 | $317,010 | $87,289 |
| 2020 | $1,267,792 | $-40,935 | $41,762 | $26,450 | 16 | — | $27,613 | $71,102 |
Under IRS private-foundation payout rules, Starlight Foundation Inc reported a distributable amount of $143K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose own missions span different activities. For example, River Heritage Conservancy says it works to create, improve, and sustain parks and landscapes with natural and historic resources in the Falls of the Ohio area. St. Elizabeth Catholic Charities says it assists individuals and families in need to achieve empowerment and self-sufficiency. Blessings in a Backpack says it mobilizes communities and resources to provide weekend food for school-aged children who might otherwise go hungry. SOAR Ministries describes itself as a Christ-centered community offering survivors of childhood sexual abuse support groups, therapy, and counseling.
Grantmaking
In 2025, the foundation made 18 grants totaling $287,280. Grant amounts ranged from $500 to $152,500, with a median of $6,250.
The largest 2025 grants included $152,500 to Providence High School in Clarksville, $25,000 to St. Mary’s of the Knobs in Floyd Knobs, $20,000 to River Heritage Conservancy in Jeffersonville, and $15,000 each to The Montessori Field School in Greenville and PiercePolk Volunteer Fire Department in New Pekin. Other listed awards included $10,000 to Friends of Borden Community Park; $8,800 to Hosparus; $8,500 to St. John the Baptist Catholic Church; $7,500 to Beautiful As You Are (BAYA); $5,000 each to Hope Southern IN, Sisters of St. Benedict, and LifeWise Academy (IN-Borden); $3,000 to St. Elizabeth Catholic Charities; $2,500 to Blessings in a Backpack; and $800 to SOAR Ministries.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Thomas Koetter Jr as president, Gerald Koetter as secretary, Randall Koetter as vice president, Richard Koetter as treasurer, and Brian Koetter as director.
Starlight Foundation Inc is led by Thomas Koetter Jr., President on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas Koetter Jr.
President
On filings since 2020
1 hr/week
No compensation reported
Brian Koetter
Director
On filings since 2020
1 hr/week
No compensation reported
Gerald Koetter
Secretary
On filings since 2020
1 hr/week
No compensation reported
Randall Koetter
Vice President
On filings since 2020
1 hr/week
No compensation reported
Richard Koetter
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Starlight Foundation Inc
How much does Starlight Foundation Inc give each year?
Starlight Foundation Inc gave $287K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $105K across 23 grants.
What is Starlight Foundation Inc's typical grant size?
Starlight Foundation Inc's median grant in 2025 was $6,250, and its average grant was $15,960, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Starlight Foundation Inc that year got $6K on average.
Where does Starlight Foundation Inc give grants?
Starlight Foundation Inc gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New Albany, IN (4 grants), Borden, IN (3 grants), Clarksville, IN (2 grants) and Floyd Knobs, IN (2 grants).
Who are Starlight Foundation Inc's largest grantees?
Starlight Foundation Inc's largest 2025 grantees include Providence High School ($152,500), St Mary's of the Knobs ($25,000) and River Heritage Conservancy ($20,000), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.
How large is Starlight Foundation Inc?
Starlight Foundation Inc reported $3.1M in total assets on its 2025 IRS Form 990-PF. It paid out $287K in qualifying distributions that year, against a required minimum of $143K (roughly 5% of its investment assets).
What does Starlight Foundation Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose own missions span different activities. See mission & focus areas ↑
How do I apply for a grant from Starlight Foundation Inc?
The foundation states that it 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 Starlight Foundation Inc's EIN?
Starlight Foundation Inc's EIN (Employer Identification Number) is 31-1140527. IRS Form 990 filing data is available on this page for 2020–2025.
Does Starlight Foundation Inc 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
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
Explore Open Grants
Browse active grant opportunities in Starlight Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Starlight Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/starlight-foundation-inc-morg_49b5f5121f8c476da23688cde9916c9c
BibTeX
@misc{grantable_311140527_2026,
author = {{Grantable}},
title = {{Starlight Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/starlight-foundation-inc-morg_49b5f5121f8c476da23688cde9916c9c},
note = {Accessed 2026-10-15. 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 Starlight Foundation Inc'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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