Kiwanis Indiana Foundation Inc
- Assets
- $864.4k
- Revenue
- $316.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 02/1963
- Data as of
- 09/2022
- EIN
- 35-6044312
Organization Overview
Kiwanis Indiana Foundation Inc is located in Indianapolis, IN. The organization was established in 1963. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiwanis Indiana Foundation Inc 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 09/2022, Kiwanis Indiana Foundation Inc generated $316.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $221.6k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kiwanis Indiana Foundation Inc has awarded 12 individual grants totaling $1,506,906. 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 FOUNDATION IS OPERATED FOR CHARITABLE AND EDUCATIONAL PURPOSES. GRANTS ARE MADE FOR EDUCATION, FOR SCHOLARSHIPS TO HIGH SCHOOL AGE AND COLLEGE-AGE STUDENTS, FOR PROGRAMS FOR CHILDREN, AND FOR FUNDING AND PROMOTING CHARITABLE PROGRAMS SPONSORED BY KIWANIS INTERNATIONAL, THE INDIANA DISTRICT OF KIWANIS AND KIWANIS CLUBS AND MEMBERS LOCATED IN THE STATE OF INDIANA. THE FOUNDATION HAS MADE A CONTINUOUS EFFORT TO ALSO SUPPORT RILEY CHILDREN'S HOSPITAL AND RELATED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS THE LARGEST CHARITABLE PROGRAM OF THE KIWANIS INDIANA DISTRICT, THE RILEY CHILDREN'S FOUNDATION (RCF). FUNDS ARE COLLECTED FROM DISTRICT KIWANIS CLUBS AND CONTRIBUTED TO THE RILEY CHILDREN'S FOUNDATION TO SUPPORT THEIR MISSION OF SERVNG THE MEDICAL NEEDS OF CHILDREN OF INDIANA. DURING THE PAST FOUR YEARS MORE THAN $1 MILLION HAS BEEN RAISED AND DONATED TO RCF.
THE FOUNDATION PROVIDES SCHOLARSHIPS TO HIGH SCHOOL STUDENTS SPONSORED BY DISTRICT KIWANIS CLUBS TO SUPPORT THEIR POST-SECONDARY EDUCATION TO COLLEGES AND UNIVERSITIES IN INDIANA. FUNDS ARE COLLECTED FROM DISTRICT KIWANIS CLUBS AND USED TO FUND THESE SCHOLARSHIPS. SCHOLARSHIP RECIPIENTS ARE SELECTED BY AN INDEPENDENT COMMITTEE OF THE FOUNDATION.
THE FOUNDATION PRIMARILY MAKES GRANTS TO INDIANA KIWANIS CLUBS FOR THE BENEFIT OF INDIANA RESIDENTS. THE GRANTS HELP INCREASE THE CAPACITY OF THE INDIANA KIWANIS CLUBS TO SUPPORT INDIANA DISTRICT PROJECTS AND THE MISSION OF KIWANIS INTERNATIONAL FOR CITIZENS OF INDIANA AND THE WORLD. GRANTS ARE GIVEN TO HELP SUPPORT KIWANIS CLUB PROJECTS THAT BENEFIT YOUTH, ELDERLY, CIVIC & COMMUNITY DEVELOPMENT, AND HEALTH AND HUMAN DEVELOPMENT. THE GRANT APPLICATION PROCESS IS LOCATED ON THE FOUNDATION'S WEBSITE AND THE ORGANIZATION HAS A DETAILED APPLICATION PROCESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Anthony Secretary | OfficerTrustee | 1 | $0 |
Jim Smith President | OfficerTrustee | 1 | $0 |
Bill Parker Treasurer | OfficerTrustee | 1 | $0 |
Bruce Andrews Governor-Elect | Trustee | 1 | $0 |
Taka Ogata Governor | Trustee | 1 | $0 |
Scott Molin Immediate Past Governor | Trustee | 1 | $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 | $268,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $268,628 |
| Total Program Service Revenue | $0 |
| Investment income | $13,340 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,303 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $316,271 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $199,073 |
| Grants and other assistance to domestic individuals. | $22,500 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $11 |
| Total functional expenses | $221,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $292,443 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $571,933 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $864,376 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $120,519 |
| Net assets with donor restrictions | $743,857 |
| 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 | $864,376 |
Grants Awarded
Over the last fiscal year, Kiwanis Indiana Foundation Inc has awarded $188,323 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Indianapolis, IN PURPOSE: CHILDREN'S HOSPITAL | $180,823 |
New York, NY PURPOSE: DISASTER RECOVERY FOR UKRAINE CHILDREN | $7,500 |
Endowment Analysis
| Beg. Balance | $645,144 |
| Earnings | -$134,759 |
| Net Contributions | $2,501 |
| Grants | $10,171 |
| Ending Balance | $502,715 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benevolent & Protective Order Of Elks Of The Usa Chicago, IL | $112,726,648 | $35,919,153 |
Scottish Rite Of Indianapolis Foundation Inc Indianapolis, IN | $0 | $534,028 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY | $20,472,188 | $3,774,310 |
Wisconsin Lions Foundation Inc Rosholt, WI | $5,796,659 | $2,674,494 |
Grand Lodge Free And Accepted Masons Of Wisconsin Dousman, WI | $20,615,533 | $1,512,564 |
Free & Accepted Masons Of Wisconsin Dousman, WI | $19,517,014 | $1,769,525 |
Benevolent & Protective Order Of Elks Of The Usa Milwaukee, WI | $891,249 | $448,416 |
Independent Order Of Odd Fellows Fenton, MO | $6,548,958 | $593,158 |
Benevolent & Protective Order Of Elks Of The Usa Mount Carmel, IL | $517,780 | $164,574 |
Kiwanis Indiana Foundation Inc Indianapolis, IN | $864,376 | $316,271 |
Illinois Eastern Ia Dist Of Kiwanis Intl Spastic Paralysis Res Fdtn Bloomington, IL | $1,766,866 | $314,773 |
Benevolent & Protective Order Of Elks Of The Usa Chillicothe, MO | $311,809 | $198,185 |