Western Indiana Community Foundation Inc logo

Western Indiana Community Foundation Inc

Public charity · Grantmaker Covington, IN EIN: 35-1814927 Website

WESTERN INDIANA COMMUNITY is a public charity based in Covington, Indiana. Founded in 1990, it manages charitable funds and awards grants to community projects and nonprofit organizations, as well as scholarships to students.

Key facts about Western Indiana Community Foundation Inc

In short: Western Indiana Community Foundation Inc gave $686K across 31 grants in 2024 (avg $22K), mostly in Indiana. 35% of 2024 grantees were new. Source: 2024 IRS Form 990.

EIN
35-1814927
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$686,174
Grants made (2024)
31
Average grant
$22,135
Median grant
$10,000
New grantees (estimate)
35% first-time grantees (11 of 31, 2024)
Total assets
$42,589,531
Primary geography
Indiana (98% of itemized 2024 grant dollars)
How to apply
Submit an application online through the foundation’s grant application process. Full details ↓
Deadline
The listed 2026 deadlines are May 15 for Rapid Response, July 15 for Community Impact, and October 15 for Legacy Grants.
Next open deadline
October 15, 2026 (Legacy Grant)

Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$42.6M

+17.5% YoY

Annual Giving

$686K

+25.8% YoY

Grant Count

31

-13.9% YoY

Avg Grant Size

$22K

+46.0% YoY

Is Western Indiana Community Foundation Inc open to new grantees?

35%

first-time grantees, 2024

In 2024, 11 of 31 grantees (35%) were first-time recipients. First grants averaged $32K; repeat grants $17K. How we count

Medians: $15K first-time, $10K repeat.

  • 58% of 2024 grantees were also funded in 2023. Method
  • Giving grew 111% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). 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 “Helping people improve our community.” Families, individuals, businesses, and nonprofit groups can establish funds for charitable purposes; grants support community projects, nonprofit organizations, and students seeking scholarships.

Grant focus areas include health, charitable service, education, cultural affairs, and community improvement. Examples of supported organizations include Food Finders Food Bank, whose stated mission is to distribute surplus food and nonfood products; Community Action Program Inc., which says it provides resources to assist low-income individuals; and Parke Players Incorporated, which says it performs stage productions and maintains a historical theater building.

Grantmaking

In 2024, the foundation reported 31 grants totaling $686,174. Grant amounts ranged from $5,915 to $128,000, with a median of $10,000. Its largest listed grants included $128,000 to Indiana National Resources for wetland mitigation, $115,424 to Women’s Safe House for operating support, $106,519 to Marilyn’s Village Inc. for operating support, and $38,569 to Food Finders Food Bank for food purchases.

Review Cycle

The listed 2026 deadlines are May 15 for Rapid Response, July 15 for Community Impact, and October 15 for Legacy Grants. The Legacy process also requires a letter of intent before the application.

How to Apply

. For requests of $2,501–$7,500, the foundation recommends discussing the project with staff. Legacy requests require a letter of intent, a full application, and a presentation to the board and staff.

Open Grants

3 open opportunities from Western Indiana Community Foundation Inc

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Geographic Focus

Where this funder awards grants

In Fountain County, the Attica, Covington, and Southeast Fountain affiliates focus on local needs within their school corporation boundaries. In Vermillion County, the foundation addresses needs throughout the county. Its guidelines state that endowment agreements specifying supported areas are honored regardless of the grant recipient’s location.

In 2024, 98% of grant dollars went to recipients in Indiana and 2% to recipients in Ohio.

Grant Distribution by State

2states

Share of 2024 grant dollars across all 31 itemized grants.

States

Cities

CovingtonAtticaClintonCayugaVeedersburgTerre HauteDanaLafayetteRockvilleBloomingdaleHarrisonHillsboroIndianapolisOldenburgPerrysvilleSt MeinradHillsdaleNewport

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K18 grants2020 18 grants2021 25 grants2022 36 grants2023 31 grants2024

From 2020 to 2024, annual grant giving ranged from $325K (2022) to $686K (2024). In 2024 it made 31 grants totaling $686K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Indiana National Resources Foundation: $128KIndiana National ResourcesFoundation$128KWomen's Safe House: $115KWomen's Safe House$115KMarilyn's Village Inc: $107KMarilyn's Village Inc$107KFood Finders Food Bank: $39KFood Finders Food Bank$39KCovington United Methodist Church: $22KCovington United MethodistChurch$22KVermillion County Reserves Inc: $20KVermillion County Reserves Inc$20KSacred Heart Catholic Church: $18KSacred Heart Catholic Church$18KVermillion County 4-H: $18KVermillion County 4-H$18KCovington Community School Corp: $15KCovington Community SchoolCorp$15KHillsboro Fire Department: $15KHillsboro Fire Department$15K

The largest 2024 recipient was Indiana National Resources Foundation ($128K). Together the top 10 received $497K.

Grant Size Distribution

128 grants across all recorded years

120<$50K4$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 120 grants of 128 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Indiana National Resources Foundation Indianapolis, INWetland Mitigation$128,000
Women's Safe House Attica, INOperating Support$115,424
Marilyn's Village Inc Covington, INOperating Support$106,519
Food Finders Food Bank Lafayette, INFood Purchases$38,569
Covington United Methodist Church Covington, INOperating Support$22,000
Vermillion County Reserves Inc Hillsdale, INBody Cameras$20,000
Sacred Heart Catholic Church Clinton, INOperating Support$17,996
Vermillion County 4-H Cayuga, INFurnace$17,700
Covington Community School Corp Covington, INProgram Support$15,372
Hillsboro Fire Department Hillsboro, INFire Station Const.$15,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $42,589,531 $6,385,248 $2,700,414 $686,174
2023 $36,236,748 $4,817,766 $2,586,811 $545,601
2022 $31,699,703 $3,172,409 $1,908,778 $324,748
Revenue
Expenses
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$42,589,531$36,236,748$31,699,703
Revenue$6,385,248$4,817,766$3,172,409
Expenses$2,700,414$2,586,811$1,908,778
Net Investment Income$2,194,596$1,328,680$733,505

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 November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 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 Susan Reynolds as president, Raquel Stultz as vice president, and Kevin Martin as treasurer. It lists Taylor Powell, Tom McGurk Jr., Robert Wright, Ryan Sowers, and Megan Ellermore as directors, and Dale White as executive director.

Western Indiana Community Foundation Inc is led by Susan Reynolds, President on every filing since 2020; 1 of 9 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Susan Reynolds

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Wright

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tom McGurk Jr.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ryan Sowers

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Taylor Powell

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Megan Ellermore

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Dale White

    Executive Di

    On filings since 2020

    40 hrs/week

    $99K (2020) → $122K (2024)

  • Kevin Martin

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Raquel Stultz

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: Megan Ellmore (2021–2023) — Director
  • Former: Richard Minnette (2020–2021) — Director
  • Former: Beth Mason (2020) — Director
  • Former: John Shambach (2020) — Director

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

Dale White — Executive Di: $122KDale WhiteExecutive Di$122K

The highest reported compensation on the 2024 filing was $122K, to Dale White (Executive Di).

Contact

Mailing address: 135 S Stringtown Rd PO Box 175, Covington, IN 47932-0175
Phone: (765) 793-0702
Website: https://wicf-inc.org

Frequently asked questions about Western Indiana Community Foundation Inc

How much does Western Indiana Community Foundation Inc give each year?

Western Indiana Community Foundation Inc gave $686K across 31 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $546K across 36 grants.

What is Western Indiana Community Foundation Inc's typical grant size?

Western Indiana Community Foundation Inc's median grant in 2024 was $10,000, and its average grant was $22,135, across 31 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Western Indiana Community Foundation Inc that year got $32K on average.

Where does Western Indiana Community Foundation Inc give grants?

Western Indiana Community Foundation Inc gives mostly in Indiana: 98% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Covington, IN (8 grants), Clinton, IN (4 grants), Cayuga, IN (3 grants) and Rockville, IN (2 grants).

Does Western Indiana Community Foundation Inc give general operating support?

Yes: 42% of Western Indiana Community Foundation Inc's 2024 grants with a stated purpose (13 of 31) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "Program Support" (4 grants).

Who are Western Indiana Community Foundation Inc's largest grantees?

Western Indiana Community Foundation Inc's largest 2024 grantees include Indiana National Resources Foundation ($128,000), Women's Safe House ($115,424) and Marilyn's Village Inc ($106,519), according to its 2024 IRS Form 990. Together they received 51% of its itemized 2024 grant dollars.

How large is Western Indiana Community Foundation Inc?

Western Indiana Community Foundation Inc reported $42.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.4M.

What does Western Indiana Community Foundation Inc fund?

The organization’s stated mission is “Helping people improve our community.” Families, individuals, businesses, and nonprofit groups can establish funds for charitable purposes; grants support community projects, nonprofit organizations, and students seeking scholarships. See mission & focus areas ↑

How do I apply for a grant from Western Indiana Community Foundation Inc?

Submit an application online through the foundation’s grant application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Western Indiana Community Foundation Inc's EIN?

Western Indiana Community Foundation Inc's EIN (Employer Identification Number) is 35-1814927. 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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