Mission
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.
Public Charity
UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC
UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC, of Evansville, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $23.7M in revenue, $6.9M in expenses, $235.6M in total assets. 78 publicly reported grants to this organization, totaling roughly $7.1M, appear in IRS filings.
EIN: 237042320
Evansville, IN
Universities
NTEE: B43
Latest filing: 2025
Total Revenue$23.7M
Total Expenses$6.9M
Total Assets$235.6M
Grant Records78
Funding Total$7.1M
Filing Years2021–2025
Where $100 goes at University of Southern Indiana Foundation Inc
How University of Southern Indiana Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$83
Programs
the work itself
$15
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $83 for programs
$52
The USI Foundation provides scholarships and awards to students enrolled at the University of Southern Indiana
$15
The USI Foundation provides other various support to the University of Southern Indiana including support for the Alumni Association, Athletics, Historic New Harmony, and other various initiatives
$14
The USI Foundation provides educational and academic enhancements directly to the University of Southern Indiana
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SUPPORT SCHOOLS
$14,500
EDUCATIONAL
$501,500
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
$148,044
For grant recipient's exempt purposes
$86,850
Outdoor public work in New Harmony by artist Christopher Blay
$47,359
Showing up to 5 of 78 total records — full history available with membership.
Officers & Directors
Life Director
Alan N Shovers
Director
Amy L Beard
President
Andrea R Gentry
Director
Anne Kiboi
Director, Vice President for Alumni
Ashley K Riordan-Elpers
Life Director
Bix Branson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $23.7M | $6.9M | $235.6M |
| 2024 | $11.3M | $8.5M | $205.0M |
| 2023 | $9.8M | $6.6M | $180.6M |
| 2022 | $20.3M | $5.4M | $166.4M |
| 2021 | $16.2M | $4.6M | $190.3M |
Between 2021 and 2025, reported annual revenue grew from $16.2M to $23.7M (+47%), with total assets most recently reported at $235.6M.
Interactive year-over-year charts and full filing details available with membership.