Public Charity

INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC

Based in INDIANAPOLIS, IN, INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC operates as a Public Charity. The organization reported $323K in revenue, $1.7M in expenses, $2.2M in total assets for fiscal year 2025. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $521K.

EIN: 202664607 INDIANAPOLIS, IN Latest filing: 2025
Total Revenue$323K
Total Expenses$1.7M
Total Assets$2.2M
Grant Records8
Funding Total$521K
Filing Years2023–2025

Mission

TO PROMOTE INDUSTRIAL AND BUSINESS DEVELOPMENT, DIVERSIFICATION OF INDIANA'S ECONOMY, AND OVERALL ECONOMIC GROWTH OF INDIANA; TO PROMOTE THE RETENTION, EXPANSION, GROWTH, AND MODERNIZATION OF INDIANA'S BUSINESSES; TO PROMOTE THE CREATION OF NEW JOBS, RETENTION OF EXISTING JOBS, AND THE DEVELOPMENT OF ENTRPRENEURIAL ACTIVITIES IN INDIANA; AND OTHERWISE TO ASSIST THE GOVERNOR AND THE INDIANA ECONOMIC DEVELOPMENT CORPORATION (IEDC) IN REACHING THEIR ECONOMIC GOALS BY RAISING FUNDS FROM THE GENERAL PUBLIC AND NON-PROFIT FOUNDATIONS AND ORGANIZATIONS.

Officers & Directors

BOARD MEMBER Amy Schumacher
BOARD MEMBER (START JUN 2025) Billie Dragoo
BOARD MEMBER (START JUN 2025) Chris King
IEDC SECRETARY (START JAN 2025) David Adams
BOARD MEMBER (START JUN 2025) David Fagan
IEDC SECRETARY (END JAN 2025) David Roseberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$225,000 1 grant
AGRINOVUS FORBES SUMMIT SPONSORHSIP
$150,000 2 grants
See Part IV
$90,000 3 grants
GOLD LEVEL SPONSORSHIP - GLOBAL ECONOMIC SUMMIT
$46,227 1 grant
CHARITABLE DONATION
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $323K $1.7M $2.2M
2024 $3.2M $1.2M $3.6M
2023 $1.6M $2.3M $1.3M

Between 2023 and 2025, reported annual revenue declined from $1.6M to $323K (-79%), with total assets most recently reported at $2.2M.

Interactive year-over-year charts and full filing details available with membership.

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