Overview
What is Indiana Philanthropy Alliance Inc?
Indiana Philanthropy Alliance Inc, headquartered in Indianapolis, Indiana, serves as a catalyst for change in the state. With a mission to champion, support, and connect its members, they foster effective philanthropy. Their primary function is the Gift Technical Assistance Program, which provides assistance, training, materials, and resources to over 90 community foundations and affiliate funds participating in the 'giving Indiana funds for tomorrow' initiative. In 2022, they engaged with approximately 430 participants through webinars and trainings, conducted two 'Boot camps' with 89 attendees, and offered 302 technical assistance visits or consultations. Additionally, they made 26 in-person visits to community foundations, demonstrating their commitment to empowering their members to transform Indiana through philanthropy.
Official website here: www.inphilanthropy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Indiana Philanthropy Alliance Inc has achieved an impressive 100% score from Charity Navigator, reflecting excellence in accountability and finance. This rating is derived from various criteria, all indicating strong governance and financial health. The organization boasts a fully independent board, effective financial oversight, and transparent operational practices, which are crucial for building trust with donors and stakeholders.
The financial metrics are also noteworthy, with a program expense ratio of 81.44%, suggesting that a significant portion of its funds is utilized directly for its charitable programs. Additionally, the organization's liabilities to assets ratio stands at a commendable 27.69%, indicating a solid financial foundation and a low level of debt relative to its assets. This further assures stakeholders of its fiscal responsibility and sustainability.
While the organization shines in many aspects, continuous monitoring of its operational effectiveness and program impacts will be essential for maintaining these high standards. Nonetheless, the current rating and feedback highlight Indiana Philanthropy Alliance Inc as a reliable and well-managed nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana Philanthropy Alliance Inc legitimate?
Indiana Philanthropy Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Philanthropy Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $228,041
Professional Fundraising Fees: $0
Other Salaries and Wages: $794,682
For more financial information, click here
Official website here: www.inphilanthropy.org
What is the mission statement of Indiana Philanthropy Alliance Inc?
Indiana Philanthropy Alliance Inc's mission is centered around advocating for and supporting its member organizations as they work towards positively transforming their communities through effective philanthropy. The alliance champions this cause by providing technical assistance, training, resources, and connections. In 2022, they offered webinars, trainings, and consultations to over 90 community foundations and affiliate funds participating in their initiative, aiming to enhance their philanthropic efforts. Their activities also included conducting basic training sessions and offering in-person visits to community foundations.
Official website here: www.inphilanthropy.org
Who is the CEO of Indiana Philanthropy Alliance Inc?
Claudia Cummings is the Chair of Indiana Philanthropy Alliance Inc. The CEO's salary of Indiana Philanthropy Alliance Inc is $183,250 and their total compensation is $227,280.
Official website here: www.inphilanthropy.org
What is the revenue of Indiana Philanthropy Alliance Inc?
Indiana Philanthropy Alliance Inc's revenue in 2022 was $3,525,253.
Official website here: www.inphilanthropy.org
Who are the executives of Indiana Philanthropy Alliance Inc and what are their salaries?
The average compensation at Indiana Philanthropy Alliance Inc during 2022 was $68,182. There are 15 employees and 45 volunteers at Indiana Philanthropy Alliance Inc.
Here are 18 key members and their salaries (Indiana Philanthropy Alliance Inc's CEO's salary is $183,250 and their total compensation is $227,280):
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- Compensation: $183,250
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- Compensation: $130,485
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Official website here: www.inphilanthropy.org
Where can I find the form 990 for Indiana Philanthropy Alliance Inc?
Indiana Philanthropy Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inphilanthropy.org
Learn more at the official website: www.inphilanthropy.org
Mission Statement of Indiana Philanthropy Alliance Inc
Indiana Philanthropy Alliance Inc, a prominent organization, is committed to advancing philanthropy in Indiana by championing, supporting, and connecting its members. Their mission is to empower these members as they strive to transform their community through effective philanthropic practices. The Alliance achieves this by providing technical assistance, resources, and training to over 90 community foundations and affiliate funds participating in their initiative, known as Gift (Giving Indiana Funds for Tomorrow). They offer a variety of educational opportunities, such as webinars, trainings, and "Boot camps," which are basic training sessions for community foundation boards and staff. Additionally, they provide one-on-one technical assistance visits and consultations to help these foundations enhance their philanthropic efforts.
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Impact
October, 2024
Indiana Philanthropy Alliance Inc. plays a crucial role in empowering and transforming Indiana through effective philanthropy. By providing targeted technical assistance, training, and resources, they support over 90 community foundations and affiliate funds involved in the Gift initiative, which aims to enhance charitable giving throughout the state.
In 2022, the Alliance successfully engaged approximately 430 individuals across 16 webinars and training sessions, facilitating essential professional development for members. Additionally, their "Boot camps" attracted 89 attendees, offering foundational training crucial for community foundation staff and board members.
The organization's commitment to personalized support is evident through 302 consultations and 26 in-person visits to community foundations, ensuring that local leaders have the tools and knowledge necessary to foster philanthropic efforts effectively. Through these actions, Indiana Philanthropy Alliance Inc. strengthens the philanthropic landscape, enhancing the capacity of community foundations to create lasting impact across Indiana.
This information is meant to be a general summary of Indiana Philanthropy Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $107,492
- Program Service Revenue: $330,341
- Gross Receipts: $3,534,498
Assets and Liabilities:
- Total Assets: $3,615,584
- Total Liabilities: $1,001,440
- Net Assets: $2,614,144
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education & Resources
Revenue
$284,666
Mutz Institute
Revenue
$29,500
Gift Technnical Assist
Revenue
$16,175
Organization Details
Founding Year
1990
Phone
(317) 630-5200Principal Officer
Claudia Cummings
Main Address
115 W Washington St 950, Indianapolis, IN, 46204
Website
www.inphilanthropy.orgNTEE Category
Code: T50Z - Philanthropy
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