Overview
What is Indiana Philanthropy Alliance Foundation Inc?
Indiana Philanthropy Alliance Foundation Inc is a charitable organization situated in Indianapolis, Indiana. Its primary role involves offering grants to the Indiana Philanthropy Alliance, aiding community foundations participating in the GIFT program. These community foundations utilize the grant funds to hire college students from accredited Indiana universities, providing them with valuable work experiences. This internship program not only supports the operational needs of the community foundations but also contributes to the interns' educational and personal growth, while highlighting the significant role of community foundations and philanthropy in enhancing a community's overall quality of life. The Foundation's mission is to support and strengthen the Indiana Philanthropy Alliance and its member community foundations, promoting philanthropy across the state.
Is Indiana Philanthropy Alliance Foundation Inc legitimate?
Indiana Philanthropy Alliance Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Philanthropy Alliance Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Indiana Philanthropy Alliance Foundation Inc?
The Indiana Philanthropy Alliance Foundation's mission is to support the Indiana Philanthropy Alliance, Inc. and its member community foundations. It achieves this by initiating special projects that enhance or expand philanthropy within Indiana. One such project is the community foundation internships program, funded by the Foundation. This program provides grant money to Indiana community foundations participating in the GIFT program, enabling them to hire college students from accredited institutions in Indiana. The internships offer operational assistance to the community foundations while providing valuable work experience for the students, enriching their education and personal growth. This program also raises the interns' awareness of the significant roles that community foundations and philanthropy play in a community's overall quality of life.
Who is the CEO of Indiana Philanthropy Alliance Foundation Inc?
Claudia Cummings is the Chair of Indiana Philanthropy Alliance Foundation Inc. The CEO's salary of Indiana Philanthropy Alliance Foundation Inc is $0 and their total compensation is $227,280.
What is the revenue of Indiana Philanthropy Alliance Foundation Inc?
Indiana Philanthropy Alliance Foundation Inc's revenue in 2022 was $2,248,164.
Who are the executives of Indiana Philanthropy Alliance Foundation Inc and what are their salaries?
There 6 volunteers at Indiana Philanthropy Alliance Foundation Inc.
Here are 7 key members and their salaries (Indiana Philanthropy Alliance Foundation Inc's CEO's salary is $0 and their total compensation is $227,280):
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- Related: $183,250
- Other: $44,030
Where can I find the form 990 for Indiana Philanthropy Alliance Foundation Inc?
Indiana Philanthropy Alliance Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Indiana Philanthropy Alliance Foundation Inc
Indiana Philanthropy Alliance Foundation Inc plays a crucial role in supporting the Indiana Philanthropy Alliance, a renowned organization that brings together various community foundations in the state. The Foundation's mission is to bolster the work of this alliance and its member community foundations by engaging in special initiatives that strengthen and expand philanthropy across Indiana.
One of the ways Indiana Philanthropy Alliance Foundation Inc achieves this mission is by funding initiatives that provide operational support for community foundations. Through programs like the community foundation internships program, the Foundation offers grant dollars to Indiana community foundations participating in the GIFT program. This program enables these foundations to hire college students from accredited colleges or universities in Indiana. By offering these internships, the Foundation not only supports the community foundations' operational needs but also provides valuable real-life work experiences for the interns.
The internships program serves as a catalyst for the personal and educational growth of these students, broadening their understanding of the vital roles community foundations and philanthropy play in enhancing a community's quality of life. In essence, Indiana Philanthropy Alliance Foundation Inc's mission is to foster a thriving philanthropic ecosystem in Indiana by empowering its community foundations and nurturing the next generation of philanthropic leaders.
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Impact
October, 2024
The Indiana Philanthropy Alliance Foundation Inc significantly enhances the philanthropic landscape in Indiana by supporting community foundations and enriching the experience of budding professionals in the sector. Through initiatives like the community foundation internships program, the Foundation provides financial resources that enable local foundations to hire college interns. This initiative not only bolsters the operational capabilities of community foundations but also equips students with hands-on experience in the field of philanthropy.
The impact of this program is multifaceted: it deepens interns' understanding of community foundations and their critical role in enhancing the quality of life in local communities, while simultaneously fostering the next generation of leaders in philanthropy. By marrying practical work experience with educational growth, the Foundation strengthens both the community foundations and the future of philanthropy in Indiana, ultimately contributing to a more vibrant and engaged community.
This information is meant to be a general summary of Indiana Philanthropy Alliance Foundation 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: $4
- Gross Receipts: $2,248,164
Assets and Liabilities:
- Total Assets: $2,337,719
- Total Liabilities: $0
- Net Assets: $2,337,719
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Organization Details
Founding Year
1992
Phone
(317) 630-5200Principal Officer
Claudia Cummings
Main Address
115 W Washington St 950, Indianapolis, IN, 46204
NTEE Category
Code: T11 - Philanthropy
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