The Independent Charitable Gift Fund
The Independent Charitable Gift Fund, also known as iGiftFund, is a 501(c)(3) public charity based in Hudson, Ohio. Established in 2016, the organization operates as a donor-advised fund (DAF) sponsor that provides philanthropic solutions to individual donors and financial advisors. The organization serves as an independent platform designed to make donor-advised funds more accessible and affordable while maintaining personalized service.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$575.4M
+37.6% YoY
Annual Giving
$62.3M
+30.9% YoY
Grant Count
1,444
+55.8% YoY
Avg Grant Size
$43K
-16.0% YoY
Mission & Focus Areas
Mission: The organization expands the capacity of family philanthropy through an independent platform by helping donors create and pass on their philanthropic legacy through creative donor-advised fund solutions that are simple, tax-smart, and meaningful.
Primary Program: The organization's core program, "Create Philanthropic Legacy," helps donors create a philanthropic legacy through the promotion of philanthropy by receiving charitable contributions, providing support to encourage charitable contributions, and making gifts to organizations dedicated to charitable, scientific, literary, and educational purposes.
Funding Focus Areas: The organization's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
The Independent Charitable Gift Fund makes grants to U.S. charitable tax-exempt organizations to further their charitable purposes.
Grant Range
$5,011 to $2,076,732
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Geographic Focus
Where this funder awards grants
The organization's grant-making is primarily concentrated in California, Texas, and Pennsylvania, though it makes grants to U.S. charitable tax-exempt organizations nationally. The organization also offers international grant options for donors.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $575,440,270
- Total revenues: $198,305,368
- Total expenses: $70,743,867
- Number of employees: 11
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $575,440,270 | $418,174,157 | $282,957,094 |
| Revenue | $198,305,368 | $157,167,974 | $138,892,808 |
| Expenses | $70,743,867 | $53,665,266 | $33,321,037 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,934,869 | $10,558,405 | $5,593,062 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 22zero Follow Me Inc ($200,000), Advocates Giving Association ($150,000), Act (advocates for Community Transformation) ($130,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 10000 DEGREES SAN RAFAEL, CA | GENERAL SUPPORT | $21,000 |
| 22ZERO FOLLOW ME INC THOMSON, GA | GENERAL SUPPORT | $200,000 |
| A HOME FOR EVERYONE IN DEKALB DECATUR, GA | GENERAL SUPPORT | $100,000 |
| A SAFE PLACE IN PAGOSA INC AKA ASPEN HOUSE PAGOSA SPRINGS, CO | GENERAL SUPPORT | $25,000 |
| A T STILL UNIVERSITY OF HEALTH SCIENCES KIRKSVILLE, MO | GENERAL SUPPORT | $6,000 |
| A YOUTH EDUCATIONAL FOUNDATION INC COLUMBIA, TN | GENERAL SUPPORT | $5,500 |
| ABBEY FOUNDATION OF OREGON ST BENEDICT, OR | GENERAL SUPPORT | $100,000 |
| ABC LEARNING CENTRE INC COLUMBUS, IN | GENERAL SUPPORT | $25,000 |
| ABIDING HOPE LUTHERAN CHURCH LITTLETON, CO | GENERAL SUPPORT | $6,000 |
| ABILENE CHRISTIAN UNIVERSITY ABILENE, TX | GENERAL SUPPORT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILIP T TOBIN | CHAIRMAN/TREASURER(11/24 & FORWARD) | 40 | — |
| CHRISTOPHER DUDLEY | SECRETARY | 0.2 | — |
| TOBY BLOSSOM | DIRECTOR | 0.2 | — |
| JANE HOWINGTON | DIRECTOR | 0.2 | — |
| MATTHEW F KADISH | DIRECTOR | 0.2 | — |
| PAT MYERS | DIRECTOR | 0.2 | — |
| DAVE PRATT | DIRECTOR | 0.2 | — |
| PATRICK SCHERER | DIRECTOR | 0.2 | — |
| LAWRENCE SPIETH | DIRECTOR(THROUGH 11/24) | 0.2 | — |
| GARY HANZ | TREASURER(THROUGH 11/24) | 0.2 | — |
| WILLIAM A PAYNE | PRESIDENT/CHIEF EXECUTIVE OFFICER | 40 | $168,432 |
| SHEILAH VILLANUEVA | EVP/COO | 40 | $151,907 |
| CINDY SHEDLOSKI | CONTROLLER | 20 | $89,909 |
| SUSAN FIGLER | CHIEF DEVELOPMENT OFFICER | 40 | $49,915 |
Recent Activity
Recent developments and announcements
The organization has positioned itself as a cost-competitive alternative in the donor-advised fund market, offering clients potential savings of 25% to 50% or more in administrative fees compared to larger DAF sponsors. The organization emphasizes personalized service, direct access to principals with extensive industry experience, and open architecture investment options available at all fund size levels.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Independent Charitable Gift Fund fund?
**Mission:** The organization expands the capacity of family philanthropy through an independent platform by helping donors create and pass on their philanthropic legacy through creative donor-advised fund solutions that are simple, tax-smart, and meaningful. **Primary Program:** The organization's core program, "Create Philanthropic Legacy," helps donors create a philanthropic legacy through the promotion of philanthropy by receiving charitable contributions, providing support to encourage cha…
How do I apply for a grant from The Independent Charitable Gift Fund?
The Independent Charitable Gift Fund makes grants to U.S. charitable tax-exempt organizations to further their charitable purposes. **Grant Activity (2024):** • Total giving: $67,229,866 • Number of grants: 924 grants documented • Grant range: $5,011 to $2,076,732 • Notable recent grants include: • Gary Sinise Foundation: $2,076,732 (General Support) • The Church of Jesus Christ of Latter-Day Saints: $1,634,663 (General Support) • Fidelity Investments Charitable Gift Fund: $1,439,334 (General S…
Where does The Independent Charitable Gift Fund make grants?
The organization's grant-making is primarily concentrated in California, Texas, and Pennsylvania, though it makes grants to U.S. charitable tax-exempt organizations nationally. The organization also offers international grant options for donors.
What size grants does The Independent Charitable Gift Fund award?
In 2024, The Independent Charitable Gift Fund awarded 1,444 grants totaling $62.3M — an average of about $43K per grant, based on its IRS Form 990 filings.
What is The Independent Charitable Gift Fund's EIN?
The Independent Charitable Gift Fund's EIN (Employer Identification Number) is 81-2576201. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Independent Charitable Gift Fund's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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