Public Charity

Indiana University Foundation

Indiana University Foundation, of Bloomington, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $598.7M in revenue, $501.9M in expenses, $4.7B in total assets. 804 publicly reported grants to this organization, totaling roughly $201.8M, appear in IRS filings.

EIN: 356018940 Bloomington, IN Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$598.7M
Total Expenses$501.9M
Total Assets$4.7B
Grant Records804
Funding Total$201.8M
Filing Years2021–2025

Mission

The Indiana University Foundation (IUF) maximizes private philanthropic support for Indiana University by fostering lifelong relationships with key stakeholders and providing advancement leadership and fundraising services for (Continued on Schedule O) campuses and units across the university.

Where $100 goes at Indiana University Foundation

How Indiana University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$86 Programs the work itself
$6 Management running the organization
$8 Fundraising raising the next dollar

Inside the $86 for programs

$44
Academic & Student Program Support
52% of program spending
$16
Faculty Support and Research
18% of program spending
$15
Student Scholarship and Financial Aid support
17% of program spending · Reported in the filing: 16,500 scholarships

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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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.

Officers & Directors

IUF Board Director Aasif M Bade
IUF Board Director Alan B Graf
IUF Board Director Alisa L Hendrix
IUF Board Director Amish Shah
IUF Board Director Amy Balcius
VP, Fin. and Accounting (until 1/25) Catherine Melvin

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$71,485,158 395 grants
Education
$57,653,979 170 grants
Health & Medicine
$36,926,450 68 grants
Sports & Recreation
$3,517,367 5 grants
Research & Policy
$3,275,697 36 grants

Financial Trends

Year Revenue Expenses Assets
2025 $598.7M $501.9M $4.7B
2024 $447.8M $281.6M $4.4B
2023 $426.1M $261.1M $4.2B
2022 $496.9M $389.8M $4.1B
2021 $362.9M $231.2M $4.0B

Between 2021 and 2025, reported annual revenue grew from $362.9M to $598.7M (+65%), with total assets most recently reported at $4.7B.

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

See the full picture for Indiana University Foundation

Complete financials, all 804 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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