The Independent Charitable Gift Fund logo

The Independent Charitable Gift Fund

Public charity · Grantmaker Hudson, OH EIN: 81-2576201 Website

The Independent Charitable Gift Fund, also known as iGiftFund, is a public charity based in Hudson, Ohio. Formed in 2016, it operates a donor-advised fund program through which donors recommend grants to support charitable organizations.

Key facts about The Independent Charitable Gift Fund

In short: The Independent Charitable Gift Fund gave $62.3M across 1,444 grants in 2024 (avg $43K), top state California. Source: 2024 IRS Form 990.

EIN
81-2576201
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$62,304,918
Grants made (2024)
1,444
Average grant
$43,147
Median grant
$15,000
Total assets
$575,440,270
Primary geography
California (8% 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

$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

How The Independent Charitable Gift Fund gives

  • 41% of 2024 grantees were also funded in 2023. Method
  • Giving grew 234% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to inspire and enable Americans and their trusted advisors to create, preserve, and pass on philanthropic legacies through donor-advised fund solutions.

Its 2024 filing describes its program as making grants to U.S. charitable tax-exempt organizations. Examples of supported organizations show a range of charitable purposes. The Gary Sinise Foundation says it supports veterans, military members, first responders, their families, and families of fallen heroes. Marquette University describes its mission as Catholic and Jesuit higher education, while Auburn University Foundation says it operates for the exclusive benefit of Auburn University. Samaritan’s Purse describes its work as providing spiritual and physical aid to people affected by war, poverty, disasters, disease, and famine.

Grantmaking

In 2024, the fund reported 1,444 grants totaling $62,304,918. Grant amounts ranged from $5,050 to $2,076,732, with a median of $15,000.

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Geographic Focus

Where this funder awards grants

The fund’s reported 2024 grant dollars went to recipients in multiple states. The largest reported state shares were California at 8%, and Wisconsin, Utah, Tennessee, and Oregon at 6% each.

Grant Distribution by State

51states

Share of 2024 grant dollars across all 1,444 itemized grants.

Cities

WashingtonNew YorkSan FranciscoSan AntonioPhiladelphiaChicagoDallasDes MoinesMilwaukeeAtlantaSeattlePittsburghDenverColorado SpringsColumbiaPortlandAustinMadisonOaklandBaltimore

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M$80M140 grants2020 343 grants2021 550 grants2022 927 grants2023 1,444 grants2024

From 2020 to 2024, annual grant giving ranged from $4.5M (2020) to $62.3M (2024). In 2024 it made 1,444 grants totaling $62.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Gary Sinise Foundation: $2.1MGary Sinise Foundation$2.1MSt Rose Church: $2.0MSt Rose Church$2.0MThe Church of Jesus Christ of Latter-Day Saints: $1.6MThe Church of Jesus Christ ofLatter-Day Saints$1.6MFidelity Charitable: $1.4MFidelity Charitable$1.4MSaddleback Church Aka Saddleback Valley Community Church: $1.2MSaddleback Church AkaSaddleback Valley Community…$1.2MSt George Music Theater Company: $1.0MSt George Music TheaterCompany$1.0MCenter for Strategic and International Studies Inc: $1.0MCenter for Strategic andInternational Studies Inc$1.0MChurch of Saint Michael: $910KChurch of Saint Michael$910KMarquette University: $900KMarquette University$900KRenaissance Charitable Foundation Inc: $873KRenaissance CharitableFoundation Inc$873K

The largest 2024 recipient was Gary Sinise Foundation ($2.1M). Together the top 10 received $13.1M.

Grant Size Distribution

3,404 grants across all recorded years

2738<$50K291$50–100K241$100–250K89$250–500K28$500K–1M17$1–5M$5M+

The most common grant size was under $50K: 2,738 grants of 3,404 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Gary Sinise Foundation Nashville, TNGeneral Support$2,076,732
St Rose Church Portland, ORGeneral Support$2,000,000
The Church of Jesus Christ of Latter-Day Saints Salt Lake City, UTGeneral Support$1,634,663
Fidelity Charitable Cincinnati, OHGeneral Support$1,439,334
Saddleback Church Aka Saddleback Valley Community Church Lake Forest, CAGeneral Support$1,200,000
St George Music Theater Company St George, UTGeneral Support$1,030,000
Center for Strategic and International Studies Inc Washington, DCGeneral Support$1,000,000
Church of Saint Michael Farmington, MNGeneral Support$909,510
Marquette University Milwaukee, WIGeneral Support$900,000
Renaissance Charitable Foundation Inc Indianapolis, INGeneral Support$872,729

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $575,440,270 $198,305,368 $70,743,867 $62,304,918
2023 $418,174,157 $157,167,974 $53,665,266 $47,613,397
2022 $282,957,094 $138,892,808 $33,321,037 $29,041,097
Revenue
Expenses
Net Investment Income
$0$100M$200M$300M2020 2021 2022 2023 2024
Metric202420232022
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
Net Investment Income$16,934,869$10,558,405$5,593,062

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 October 28, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 2, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS September 26, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 17, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS August 12, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Philip T Tobin as chairman and treasurer beginning in November 2024, and Christopher Dudley as secretary. Directors listed were Toby Blossom, Jane Howington, Matthew F Kadish, Pat Myers, Dave Pratt, and Patrick Scherer. Lawrence Spieth was listed as a director through November 2024, and Gary Hanz as treasurer through November 2024.

The Independent Charitable Gift Fund is led by William A. Payne, President & Chief Executive Officer since 2023 (on filings since 2020); 4 of 14 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • William A. Payne

    President & Chief Executive Officer

    Chief Executive Officer → President & Chief Executive Officer, 2023

    On filings since 2020

    40 hrs/week

    $72K (2020) → $168K (2024)

  • Philip T. Tobin

    Chairman & Treasurer

    Chairman & President → Chairman, 2023

    Chairman → Chairman & Treasurer, 2024

    On filings since 2020

    40 hrs/week

    No compensation reported

  • Lawrence Spieth

    Director

    Board Member → Director, 2024

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Dave Pratt

    Director

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Jane Howington

    Director

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Matthew F. Kadish

    Director

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Pat Myers

    Director

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Patrick Scherer

    Director

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Toby Blossom

    Director

    New on the 2024 filing

    0.2 hrs/week

    No compensation reported

  • Cindy Shedloski

    Controller

    Director of Finance → Controller, 2024

    On filings since 2020

    20 hrs/week

    $22K (2020) → $90K (2024)

  • Sheilah Villanueva

    Executive Vice President & COO

    On filings since 2020

    40 hrs/week

    $81K (2020) → $152K (2024)

  • Susan Figler

    Chief Development Officer

    New on the 2024 filing

    40 hrs/week

    $50K (2024)

  • Christopher Dudley

    Secretary

    On filings since 2020

    0.2 hrs/week

    No compensation reported

  • Gary Hanz

    Treasurer

    On filings since 2020

    0.2 hrs/week

    No compensation reported

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.

Compensation Overview

From 2024 IRS filing

William a Payne — President/Chief Executive Officer: $168KWilliam a PaynePresident/Chief Executive…$168KSheilah Villanueva — EVP/COO: $152KSheilah VillanuevaEVP/COO$152KCindy Shedloski — Controller: $90KCindy ShedloskiController$90KSusan Figler — Chief Development Officer: $50KSusan FiglerChief Development Officer$50K

The highest reported compensation on the 2024 filing was $168K, to William a Payne (President/Chief Executive Officer). 4 officers or directors reported compensation on that filing.

Contact

Mailing address: 110 W Streetsboro St 2A, Hudson, OH 44236
Phone: (330) 400-2768
Website: https://igiftfund.org

Frequently asked questions about The Independent Charitable Gift Fund

How much does The Independent Charitable Gift Fund give each year?

The Independent Charitable Gift Fund gave $62.3M across 1,444 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $47.6M across 927 grants.

What is The Independent Charitable Gift Fund's typical grant size?

The Independent Charitable Gift Fund's median grant in 2024 was $15,000, and its average grant was $43,147, across 1,444 grants on its 2024 IRS Form 990.

Where does The Independent Charitable Gift Fund give grants?

The Independent Charitable Gift Fund's top state is California, with 8% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Wisconsin (6%) and Utah (6%). The most frequent recipient cities were Washington, DC (47 grants), Pittsburgh, PA (27 grants), New York, NY (26 grants) and Dallas, TX (23 grants).

Does The Independent Charitable Gift Fund give general operating support?

Yes: 100% of The Independent Charitable Gift Fund's 2024 grants with a stated purpose (1,444 of 1,444) were for general or operating support, per its 2024 IRS Form 990.

Who are The Independent Charitable Gift Fund's largest grantees?

The Independent Charitable Gift Fund's largest 2024 grantees include Gary Sinise Foundation ($2,076,732), St Rose Church ($2,000,000) and The Church of Jesus Christ of Latter-Day Saints ($1,634,663), according to its 2024 IRS Form 990. Together they received 9% of its itemized 2024 grant dollars.

How large is The Independent Charitable Gift Fund?

The Independent Charitable Gift Fund reported $575.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $198.3M.

What does The Independent Charitable Gift Fund fund?

The organization’s stated mission is to inspire and enable Americans and their trusted advisors to create, preserve, and pass on philanthropic legacies through donor-advised fund solutions. See mission & focus areas ↑

How do I apply for a grant from The Independent Charitable Gift Fund?

The Independent Charitable Gift Fund has no public application process in the sources Grantable reviewed. Check igiftfund.org for current guidelines, or contact the foundation directly before submitting a request.

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.

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

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