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Community Development : Community Foundations

Central Indiana Community Foundation

Inspiring philanthropy

four stars

94.52

615 North Alabama Street Suite 119
Indianapolis, IN 46204
tel: (317) 634-2423   Web Site
EIN: 35-1793680

Board Leadership
Greg Hahn
Chair

CEO
Brian Payne
President and CEO

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 94.52 four stars
  Financial 92.86 four stars
  Accountability & Transparency 97.00 four stars
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

Through the generosity of thousands of donors, Central Indiana Community Foundation (CICF) is the steward for more than $480 million in charitable assets. CICF transforms central Indiana in three ways: by consulting donors, family foundations, and their professional advisors on charitable giving; awarding grants to effective not-for-profit organizations; and providing leadership to address community needs and seize opportunities. CICF was established in 1997 as a partnership between The Indianapolis Foundation, serving Marion County since 1916, and Legacy Fund, serving Hamilton County since 1991. CICF's mission is to inspire, support, and practice philanthropy, leadership, and service in our community.

Through the generosity of thousands of donors, Central Indiana Community Foundation (CICF) is the steward for more than $480 million in charitable assets. CICF transforms central Indiana in three ways: by consulting donors, family foundations, and their professional advisors on charitable giving; awarding grants to effective not-for-profit organizations; and providing leadership to address community needs and seize opportunities. CICF was established in 1997 as a partnership between The Indianapolis Foundation, serving Marion County since 1916, and Legacy Fund, serving Hamilton County since 1991. CICF's mission is to inspire, support, and practice philanthropy, leadership, and service in our community.

Learn more about how we calculate the overall score and rating.

Financial

four stars

92.86

Accountability & Transparency

four stars

97.00

This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 90.3%
  Administrative Expenses 6.6%
  Fundraising Expenses 3.0%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 12.29
  Program Expenses Growth 5.8%
  Liabilities to Assets 3.7%
All data for Financial Performance Metrics calculations was provided by Central Indiana Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Central Indiana Community Foundation on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Central Indiana Community Foundation (IN) 94.52 four stars
The Cleveland Foundation (OH) 95.23 four stars
Community Foundation of the Holland/Zeeland Area (MI) 94.34 four stars
Golden Belt Community Foundation (KS) 89.84 three stars
El Dorado Community Foundation (CA) 85.88 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $11,125,675
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $314,810
   Related Organizations $0
   Government Grants $0
Total Contributions $11,440,485
   Program Service Revenue $1,454,687
Total Primary Revenue $12,895,172
   Other Revenue $-15,039,616
TOTAL REVENUE $-2,144,444
   
EXPENSES  
   Program Expenses $28,474,177
   Administrative Expenses $2,280,492
   Fundraising Expenses $1,052,518
TOTAL FUNCTIONAL EXPENSES $31,807,187
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-33,951,631
   
Net Assets $392,476,843

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Cause Investment $20,620,755 72.4%
Grants $4,063,959 14.3%
Leadership $3,789,463 13.3%

Ratings History
Central Indiana Community Foundation has received 8 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 94.52 four stars
2017-12 05/01/2019 91.42 four stars
2016-12 06/01/2018 97.99 four stars
2015-12 07/01/2017 90.92 four stars
2014-12 06/01/2016 92.67 four stars
 
CN 2.0
2013-12 07/01/2015 99.39 four stars
2012-12 05/01/2014 96.73 four stars
2011-12 04/01/2013 96.85 four stars
2010-12 04/01/2012 80.80 three stars
2009-12 09/20/2011 77.01 two stars
 
CN 1.0
2009-12 06/01/2011 67.46 one star
2008-12 07/01/2010 80.13 three stars
2007-12 09/01/2009 85.12 three stars
2006-12 07/01/2008 85.36 three stars
2005-12 12/01/2007 90.97 four stars
2004-12 04/01/2006 86.05 three stars
2003-12 04/01/2005 62.84 one star
2002-12 05/01/2004 79.93 two stars
2001-12 02/05/2003 83.85 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 35-1793680
Name in IRS Master File CENTRAL INDIANA COMMUNITY FOUNDATION INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (297) Community recreational facilities (park, playground, etc)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1990
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title Compensation from Affiliates
$194,693 0.61% Brian E. Payne President & CEO $219,548

Highly Rated

Charity Name & State Overall Score Overall Rating
Central Indiana Community Foundation (IN) 94.52 four stars
DuPage Community Foundation (IL) 91.92 four stars
North Carolina Community Foundation (NC) 97.62 four stars
Community Foundation of Tampa Bay (FL) 95.72 four stars
The Boston Foundation (MA) 95.38 four stars

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Charity Contact Info

Central Indiana Community Foundation
615 North Alabama Street
Suite 119
Indianapolis, IN 46204
tel: (317) 634-2423
fax: (317) 684-0943
EIN: 35-1793680

Visit Web Site

Board Leadership

Greg Hahn
Chair

CEO

Brian Payne
President and CEO

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