Indiana Bar Foundation
- Assets
- $10.7m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Indianapolis, IN
- Founding
- 06/1953
- Data as of
- 06/2022
- EIN
- 35-6032377
Organization Overview
Indiana Bar Foundation is located in Indianapolis, IN. The organization was established in 1953. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2022, Indiana Bar Foundation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Bar Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Indiana Bar Foundation generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $4.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Indiana Bar Foundation has awarded 101 individual grants totaling $9,410,811. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE INDIANA BAR FOUNDATION (IBF) IS A CHARITABLE FOUNDATION DEDICATED TO STRENGTHENING ACCESS TO JUSTICE AND APPRECIATION FOR THE RULE OF LAW IN INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM GRANTS, SCHOLARSHIPS AND ALLOCATIONS
INVESTMENT OF LAWYER TRUST ACCOUNT (IOLTA)
CIVIC PROGRAMS
FILING FEES & LOAN REPAYMENT ASSISTANCE PROGRAM & HOUSING STABILITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Dunlap Executive Di | 50 | $169,753 | |
Scott Barnhart Chair | OfficerTrustee | 5 | $0 |
Caryn Glawe Vice Chair | OfficerTrustee | 5 | $0 |
Alexander Orlowski Secretary/tr | OfficerTrustee | 5 | $0 |
Timothy Abeska Director | Trustee | 5 | $0 |
Robert Beasley Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $440,600 |
| Noncash contributions included in lines 1a–1f | $28,716 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $440,600 |
| Total Program Service Revenue | $3,034,907 |
| Investment income | $112,723 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $731,146 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,352,887 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,847,256 |
| Grants and other assistance to domestic individuals. | $13,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $876,944 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $171,979 |
| Payroll taxes | $68,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,716 |
| Fees for services: Accounting | $26,426 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $77,976 |
| Advertising and promotion | $38,384 |
| Office expenses | $112,400 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,737 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $40,957 |
| Interest | $693 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,567 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,582,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $512,897 |
| Savings and temporary cash investments | $889,569 |
| Pledges and grants receivable | $1,606,711 |
| Accounts receivable, net | $62,960 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,838 |
| Net Land, buildings, and equipment | $112,688 |
| Investments—publicly traded securities | $7,343,898 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $119,863 |
| Total assets | $10,665,424 |
| Accounts payable and accrued expenses | $98,561 |
| Grants payable | $2,571,143 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $100,000 |
| Total liabilities | $2,769,704 |
| Net assets without donor restrictions | $369,861 |
| Net assets with donor restrictions | $7,525,859 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,665,424 |
Grants Awarded
Over the last fiscal year, Indiana Bar Foundation has awarded $2,684,182 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Evansville, IN PURPOSE: PRO BONO LEGAL ASST | $1,167,198 |
Indianapolis, IN PURPOSE: PRO BONO LEGAL ASST | $614,976 |
Indianapolis, IN PURPOSE: PRO BONO LEGAL ASST | $322,276 |
Indianapolis, IN PURPOSE: PRO BONO LEGAL ASST | $210,878 |
Fort Wayne, IN PURPOSE: PRO BONO LEGAL ASST | $53,101 |
Indianapolis, IN PURPOSE: PRO BONO LEGAL ASST | $38,303 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Indiana Bar Foundation has recieved totaling $43,268.
| Awarding Organization | Amount |
|---|---|
Heritage Fund Of Bartholomew County Inc Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $23,968 |
Lumina Foundation For Education Inc Indianapolis, IN PURPOSE: TO SUPPORT THE INDIANA HIGH SCHOOL MOCK TRIAL DIVERSITY INITIATIVE. | $10,000 |
Faegre Baker Daniels Foundation Minneapolis, MN PURPOSE: GENERAL SUPPORT | $7,500 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $1,800 |
Endowment Analysis
| Beg. Balance | $1,132,706 |
| Earnings | -$144,292 |
| Net Contributions | $3,540 |
| Other Expense | -$57,335 |
| Ending Balance | $934,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Bar Foundation Indianapolis, IN | $10,665,424 | $4,352,887 |
Law Enforcement Foundation Of Barron County Inc Rice Lake, WI | $1,585,900 | $1,547,435 |
Fund For Justice Chicago, IL | $192,097 | $497,287 |
Indianapolis Bar Foundation Inc Indianapolis, IN | $2,449,471 | $447,937 |
Louisville Bar Foundation Inc Endowment Fund Louisville, KY | $4,044,215 | $351,983 |
Lake Forest Police Foundation Lake Forest, IL | $90,697 | $0 |
We Back The Badge Inc Salem, WI | $10,148 | $0 |
Joseph F Bronge Iii Memorial Foundation Inc Addison, IL | $0 | $26,672 |
Allen County Bar Foundation Inc Fort Wayne, IN | $325,134 | $0 |
Scandinavian American Police And Fire Association Chicago, IL | $7,394 | $0 |
Dri Foundation Inc Chicago, IL | $23,654 | $0 |
The Spencer Williams Foundation For Judicial Independence Chicago, IL | $30,859 | $728 |