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Community Development : Community Foundations

Central Indiana Community Foundation

Inspiring philanthropy

96.56

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

Board Leadership
Marisol Sanchez
Chair

CEO
Brian Payne
President and CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 96.56
  Financial 95.14
  Accountability & Transparency 100.00
This rating was published 09/01/2021 and includes data from FY2019, the most recent 990 received at that time.

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.

Financial

95.14

Accountability & Transparency

100.00

This rating was published 09/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.2%
  Administrative Expenses 6.5%
  Fundraising Expenses 3.1%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 6.46
  Program Expenses Growth 8.1%
  Liabilities to Assets 3.0%
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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Central Indiana Community Foundation (IN) 96.56
Greater Cincinnati Foundation (OH) 93.63
Community Foundation of Southeastern Massachusetts (MA) 92.15
Princeton Area Community Foundation (NJ) 87.45
Golden Belt Community Foundation (KS) 89.84

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $19,781,679
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $433,450
   Related Organizations $0
   Government Grants $0
Total Contributions $20,215,129
   Program Service Revenue $578,642
Total Primary Revenue $20,793,771
   Other Revenue $57,269,688
TOTAL REVENUE $78,063,459
   
EXPENSES  
   Program Expenses $32,825,086
   Administrative Expenses $1,928,745
   Fundraising Expenses $1,073,014
TOTAL FUNCTIONAL EXPENSES $35,826,845
   
Payments to Affiliates $0
Excess (or Deficit) for the year $42,236,614
   
Net Assets $434,263,629

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 $22,808,203 69.5%
Leadership $6,762,952 20.6%
Grants $3,253,931 9.9%

Ratings History
Central Indiana Community Foundation has received 9 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 09/01/2021 96.56
2018-12 06/01/2020 94.52
2017-12 05/01/2019 91.42
2016-12 06/01/2018 97.99
2015-12 07/01/2017 90.92
2014-12 06/01/2016 92.67
 
CN 2.0
2013-12 07/01/2015 99.39
2012-12 05/01/2014 96.73
2011-12 04/01/2013 96.85
2010-12 04/01/2012 80.80
2009-12 09/20/2011 77.01
 
CN 1.0
2009-12 06/01/2011 67.46
2008-12 07/01/2010 80.13
2007-12 09/01/2009 85.12
2006-12 07/01/2008 85.36
2005-12 12/01/2007 90.97
2004-12 04/01/2006 86.05
2003-12 04/01/2005 62.84
2002-12 05/01/2004 79.93
2001-12 02/05/2003 83.85

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
$204,542 0.57% Brian E. Payne President & CEO $230,654

Highly Rated

Charity Name & State Overall Score Overall Rating
Central Indiana Community Foundation (IN) 96.56
Central New York Community Foundation (NY) 91.11
Community Foundation for Northeast Michigan (MI) 86.09
New Albany Community Foundation (OH) 87.18
California Community Foundation (CA) 95.47

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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

Marisol Sanchez
Chair

CEO

Brian Payne
President and CEO

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