Overview
What is Indiana Bar Foundation?
The Indiana Bar Foundation is a charitable organization committed to enhancing access to justice and fostering respect for the rule of law within Indiana. They accomplish this mission by distributing program grants, offering scholarships, providing loan repayment assistance, and investing in lawyer trust accounts (IOLTA). Their work extends beyond financial support, as they also allocate funds for filing fees and contribute to various initiatives aimed at promoting justice and upholding legal principles in the state.
Official website here: www.inbf.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
The Indiana Bar Foundation has achieved a remarkable Four-Star rating from Charity Navigator, illustrating a high level of accountability and financial management. The score reflects the organization’s commitment to maintaining a transparent and effective operational structure, with strong governance demonstrated by a fully independent board and robust financial oversight. Notably, their program expense ratio stands at an impressive 89.15%, indicating that a significant portion of funds is directed toward their charitable programs.
While the organization excels in financial accountability, certain aspects such as Impact & Measurement and Leadership & Adaptability are not currently scored. This leaves some gaps in overall evaluation, which could benefit from a more comprehensive review beyond financial metrics. The absence of scoring in these areas may raise questions about the organization's broader operational effectiveness and community impact over time.
User reviews from GreatNonprofits could not be fetched, which limits the perspective on public sentiment regarding the organization’s programs and outreach efforts. However, the foundation's strong financial standing and governance are noteworthy positives that contribute to its reputation in the nonprofit sector. Overall, the Indiana Bar Foundation appears to be a well-managed organization focused on its mission, though additional insights into its impact would further enhance its evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana Bar Foundation legitimate?
Indiana Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Bar Foundation 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: $192,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $900,512
For more financial information, click here
Official website here: www.inbf.org
What is the mission statement of Indiana Bar Foundation?
The Indiana Bar Foundation, a charitable organization, is committed to enhancing access to justice and fostering a greater understanding and appreciation for the rule of law within Indiana. Their activities encompass offering program grants, scholarships, providing financial assistance for filing fees, and investing in lawyer trust accounts (IOLTA). The goal is to contribute to a legal system that is accessible and valued by the community.
Official website here: www.inbf.org
Who is the CEO of Indiana Bar Foundation?
Charles Dunlap is the Executive Di of Indiana Bar Foundation.
Official website here: www.inbf.org
What is the revenue of Indiana Bar Foundation?
Indiana Bar Foundation's revenue in 2023 was $10,479,501.
Official website here: www.inbf.org
Who are the executives of Indiana Bar Foundation and what are their salaries?
The average compensation at Indiana Bar Foundation during 2023 was $64,289. There are 17 employees and 400 volunteers at Indiana Bar Foundation.
Here are 23 key members and their salaries:
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Official website here: www.inbf.org
Where can I find the form 990 for Indiana Bar Foundation?
Indiana Bar Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.inbf.org
Learn more at the official website: www.inbf.org
Mission Statement of Indiana Bar Foundation
The Indiana Bar Foundation, a charitable organization, is committed to enhancing access to justice and fostering respect for the rule of law within Indiana. Its mission involves implementing various initiatives aimed at achieving these goals. The foundation provides program grants, scholarships, and allocation of funds to support legal education and advocacy efforts. Moreover, it offers filing fee assistance, loan repayment aid, and invests in lawyer trust accounts (IOLTA), thereby contributing to the broader legal community and ensuring equitable access to legal representation. The Indiana Bar Foundation's activities are instrumental in promoting a just society and cultivating appreciation for the rule of law in the state.
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Impact
October, 2024
The Indiana Bar Foundation plays a crucial role in enhancing access to justice and fostering a deeper understanding of the rule of law in Indiana. By providing program grants, scholarships, and allocations, the foundation supports various initiatives aimed at improving legal services and education. It offers vital assistance through loan repayment programs that alleviate financial burdens for legal professionals, encouraging them to serve underserved communities.
In addition, the foundation invests in lawyer trust accounts (IOLTA), helping to fund legal assistance programs that directly benefit individuals in need. Through these efforts, the Indiana Bar Foundation significantly impacts the legal landscape in the state, promoting justice and reinforcing the importance of legal awareness among the public. Overall, its commitment to these initiatives strengthens the legal system and ensures that the rule of law is upheld for all residents in Indiana.
This information is meant to be a general summary of Indiana Bar Foundation. 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 2023.
- Investment Income: -$70,732
- Program Service Revenue: $10,045,419
- Gross Receipts: $16,161,817
Assets and Liabilities:
- Total Assets: $14,460,844
- Total Liabilities: $4,282,771
- Net Assets: $10,178,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CIVIC PROGRAMS
Revenue
$3,597,508
HOUSING STABILITY
Revenue
$3,575,954
INVESTMENT OF LAWYER TRUST
Revenue
$2,586,683
FILING FEES
Revenue
$283,274
CODY LRAP FUND
Revenue
$2,000
Organization Details
Founding Year
1950
Phone
(317) 269-2415Principal Officer
Charles Dunlap
Main Address
615 N ALABAMA ST STE 426, INDIANAPOLIS, IN, 46204
Website
www.inbf.orgNTEE Category
Code: I128 - Crime
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