Indigo Foundation Inc
- Assets
- $28.9m
- Revenue
- $2.1m
- Investments
- $24.9m
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-4600741
Organization Overview
Indigo Foundation Inc is located in Louisville, KY. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indigo 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 12/2021, Indigo Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 53.8% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 15.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Indigo Foundation Inc has awarded 55 individual grants totaling $5,730,417. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Forbes Secretary/treasurer | 1 | $3,600 | |
Vicki Buster Vice President | 1 | $0 | |
Leslie Taylor President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $550,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $738,037 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $749,062 |
| Capital Gain Net Income | $749,062 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,829 |
| Total Revenue | $2,067,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $48 |
| Taxes | $21,896 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,581 |
| Total operating and administrative expenses | $128,587 |
| Contributions, gifts, grants paid | $1,381,667 |
| Total expenses and disbursements | $1,510,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,975,561 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,509,058 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $28,850,376 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Indigo Foundation Inc has awarded $1,381,667 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL PHILANTHROPIC TRUST (OPTIMUS FOUNDATION) PURPOSE: HUMAN SERVICES | $266,667 |
UNIVERSITY OF KENTUCKY PURPOSE: HUMAN SERVICES | $250,000 |
Louisville, KY PURPOSE: HUMAN SERVICES | $250,000 |
KY FINANCE & ADMIN CABINET PURPOSE: HUMAN SERVICES | $250,000 |
HABITAT FOR HUMANITY PURPOSE: HUMAN SERVICES | $100,000 |
Louisville, KY PURPOSE: HUMAN SERVICES | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |