The USI Foundation's mission is to attract, acquire, and manage donors' charitable gifts to support and sustain the goals of the University of Southern Indiana.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$205.0M
+13.5% YoY
Annual Giving
$7.2M
+39.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$7.2M
+39.3% YoY
About University of Southern Indiana Foundation Inc
Based on IRS filings
University of Southern Indiana Foundation Inc is a nonprofit organization focused on Education, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205.0M in total assets. In 2024, it awarded 1 grants totaling $7.2M. Net investment income was $4.7M.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $204,992,494 | $180,646,855 | $166,446,934 |
| Revenue | $11,292,232 | $9,805,434 | $20,278,244 |
| Expenses | $8,541,265 | $6,589,383 | $5,440,555 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,723,317 | $6,713,804 | $14,036,397 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Southern Indiana ($7,227,138).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Southern Indiana Evansville, IN | The USI Foundation provides support to the University of Southern Indiana for Scholarships, Educational and Academic Enhancements, Athletics, Other University Support, Artwork Acquisitions, and Community Outreach Programs. | $7,227,138 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ronald S Rochon | Director/Admin Advisor | 2 | — |
| Steven J Bridges | Director/Assistant Treasurer | 2 | — |
| Shelly B Blunt | Director | 2 | — |
| Kindra L Strupp | Director | 2 | — |
| David A Bower | President | 18.75 | — |
| William Elliott | Director | 2 | — |
| Sliva Rode | Director | 2 | — |
| Terry Alvey | Director | 2 | — |
| Bruce H Baker | Life Director | 2 | — |
| Carol A Baker | Life Director | 2 | — |
| Joey V Barnett | Director | 2 | — |
| Jennifer K Bartek | Director | 2 | — |
| Amy L Beard | Director | 2 | — |
| James W Beck | Director | 2 | — |
| Jeffrey A Berger | Director | 2 | — |
| Ronald J Boren | Director | 2 | — |
| Bix Branson | Life Director | 2 | — |
| Mark D Browning | Director | 2 | — |
| Stephanie S Buchanan | Director | 2 | — |
| Marie A Bussing | Life Director | 2 | — |
| Vicki T Campbell | Director | 2 | — |
| Don R Chaudoin | Life Director | 2 | — |
| Liam Collins | Director | 2 | — |
| Stephen W Craven | Director | 2 | — |
| Joyce E Donaldson | Director | 2 | — |
| John M Dunn | Life Director | 2 | — |
| Kevin M Eastridge | Life Director | 2 | — |
| Daniel M Fuquay | Life Director | 2 | — |
| Geoffrey A Gentil | Director | 2 | — |
| Robert L Goocher | Life Director | 2 | — |
| Robert E Griffin | Life Director | 2 | — |
| Randall L Haaff | Director | 2 | — |
| Jingle Igleheart Hagey | Director | 2 | — |
| Fouad L Hamami | Director | 2 | — |
| Kevin L Hammet | Director | 2 | — |
| David W Herrenbruck | Life Director | 2 | — |
| Chad Horrell | Director | 2 | — |
| D Keith Jewell | Director | 2 | — |
| Christine H Keck | Director | 2 | — |
| Anne Kiboi | Director | 2 | — |
| M Andy Lannert | Director | 2 | — |
| Frank F McDonald II | Life Director | 2 | — |
| James R McKinney | Life Director | 2 | — |
| Ira T Neal | Life Director | 2 | — |
| Joseph Neidig | Director | 2 | — |
| Mark E Neidig | Life Director | 2 | — |
| D Patrick O'Daniel | Life Director | 2 | — |
| Susan E Parsons | Director | 2 | — |
| Jack D Pate | Director | 2 | — |
| Matthew Reffett | Director | 2 | — |
| Robert L Reid | Director | 2 | — |
| Ashley K Riordan-Elpers | Director | 2 | — |
| David K Robinson | Director | 2 | — |
| Michael F Roeder | Director | 2 | — |
| Ronald D Romain | Life Director | 2 | — |
| Chris M Ryan | Director | 2 | — |
| Jim Sandgren | Director | 2 | — |
| D Scott Saxe | Director | 2 | — |
| John L Schutz | Director | 2 | — |
| Jaimie Sheth | Director | 2 | — |
| Alan N Shovers | Life Director | 2 | — |
| Sherrianne M Standley | Life Director | 2 | — |
| Judith M Steenberg | Life Director | 2 | — |
| Ronald W Steinhart | Director | 2 | — |
| Trudy J Stock | Director | 2 | — |
| Robert W Swan | Life Director | 2 | — |
| Celeste Drew Tabor | Director | 2 | — |
| Kathleen E Talley | Director | 2 | — |
| Karen S Walker | Director | 2 | — |
| Amy L Wilson | Director | 2 | — |
| Donita F Wolf | Director | 2 | — |
| Jean M Blanton | Director/Chair Elect | 2 | — |
| Neal A Franklin | Director/Vice Chair for Planning | 2 | — |
| Shiela L Huff-Jackson | Director/Secretary | 2 | — |
| C Wayne Kinney | Director/Vice Chair for Development | 2 | — |
| Chris D Melton | Life Director/Treasurer | 2 | — |
| Melanie N Rasche | Director/Vice Chair for Alumni | 2 | — |
| Jeffrey L Wilmes | Director/Chair | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is University of Southern Indiana Foundation Inc?
University of Southern Indiana Foundation Inc is a nonprofit organization focused on Education, based in EVANSVILLE, IN. It holds $205.0M in total assets as of 2024.
How large is University of Southern Indiana Foundation Inc?
As of 2024, University of Southern Indiana Foundation Inc holds $205.0M in total assets with $11.3M in annual revenue. It awarded 1 grants totaling $7.2M in 2024.
Where does University of Southern Indiana Foundation Inc operate?
University of Southern Indiana Foundation Inc has awarded grants in Indiana.
What size grants does University of Southern Indiana Foundation Inc award?
In 2024, University of Southern Indiana Foundation Inc awarded 1 grants totaling $7.2M — an average of about $7.2M per grant, based on its IRS Form 990 filings.
What is University of Southern Indiana Foundation Inc's EIN?
University of Southern Indiana Foundation Inc's EIN (Employer Identification Number) is 23-7042320. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in University of Southern Indiana Foundation Inc'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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