Cardinal Funds Inc, of Muncie, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $304K in revenue, $174K in expenses, $2.9M in total assets. IRS filings disclose 9 grants awarded by this foundation, totaling roughly $1.1M.
THE MISSION OF CARDINAL FUNDS INC IS TO HOLD BALL STATE UNIVERSITY FOUNDATION SCHOLARSHIP FUNDS FOR CURRENT STUDENTS OR GRADUATES OF THE UNIVERSITY, INDIANA ACADEMY AND BURRIS LABORATORY SCHOOL AS WELL AS FUNDS FOR THE BENEFIT OF OTHER QUALIFIED EXEMPT ORGANIZATIONS THAT SERVE UNIVERSITY STUDENTS, ALUMNI, FACULTY AND STAFF.
Showing up to 5 of 9 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $304K | $174K | $2.9M |
| 2024 | $477K | $128K | $2.8M |
| 2023 | $26K | $145K | $2.5M |
| 2022 | $87K | $124K | $2.6M |
| 2021 | $674K | $121K | $2.6M |
Between 2021 and 2025, reported annual revenue declined from $674K to $304K (-55%), with total assets most recently reported at $2.9M.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in IN.
Full geographic grant map with state-by-state breakdown available with membership.
