EIN 35-6017715

Greater Indianapolis Chamber of Commerce Foundation

Name: Greater Indianapolis Chamber of Commerce Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Indianapolis

State

Indiana

Year formed

1955

Most recent tax filings

2023-12-01

NTEE code, primary

T30: Public Foundations

Description

The Foundation promotes economic development and aids charitable organizations in Indianapolis, operating for the benefit of local business interests.

Related structure

Greater Indianapolis Chamber of Commerce Foundation is a subordinate organization under Indy Chamber.

Total revenues

$1,637,569

2023

Total expenses

$1,622,467

2023

Total assets

$671,125

2023

Num. employees

2023

Program areas at Greater Indianapolis Chamber of Commerce Foundation

Educational and Charitable Activities: The Chamber Foundation provides grant funding for the charitable and educational components of the Chamber's mission to improve the viability of the economy and to attract and retain businesses in the Greater Indianapolis area for the benefit of the residents of the area.

Who funds Greater Indianapolis Chamber of Commerce Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Eli Lilly and Company Foundation	2023-12	Support of Charitable Purposes of Racial Equity Initiatives 2021-2023	$300,000
Richard M. Fairbanks Foundation (RMFF)	2023-12	Business Equity for Indy Best Practice Implementation Pilot	$242,417
Eli Lilly and Company Foundation	2023-12	Accelerate Indy 2021-2025	$200,000
...and 6 more grants received

Personnel at Greater Indianapolis Chamber of Commerce Foundation

Name	Title	Compensation	Date of data
Michael Huber	President and Chief Executive Officer	$0	2024-03-05
Vandana Kapur	Board Member	$0	2024-03-05
Ed Cheikh	Executive Director		2024-03-05
Toni Neely	Board Member		2024-03-05
Jeff Barnett	Research Director		2024-03-05
...and 7 more key personnel

Financials for Greater Indianapolis Chamber of Commerce Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$1,614,202	$1,777,451	-9.2%
Program services	$0	$0	-
Investment income and dividends	$27,702	$10,429	165.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-4,335	$0	-999%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$50,050	-100%
Total revenues	$1,637,569	$1,837,930	-10.9%

Form 990s for Greater Indianapolis Chamber of Commerce Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-15	990	View PDF
2022-12	2023-11-14	990	View PDF
2021-12	2022-11-15	990	View PDF
2020-12	2021-11-24	990	View PDF
2019-12	2021-03-31	990	View PDF
...and 9 more Form 990s

Organizations like Greater Indianapolis Chamber of Commerce Foundation

Organization	Type	Location	Revenue
El Paso Chamber of Commerce Foundation	501(c)(3)	El Paso, TX	$824,955
Mobile Area Chamber of Commerce Foundation	501(c)(3)	Mobile, AL	$2,902,918
Hawaii Chamber of Commerce Foundation	501(c)(3)	Honolulu, HI	$813,763
Queens Chamber of Commerce Foundation	501(c)(3)	Jackson Heights, NY	$703,730
Greater Boston Chamber of Commerce Foundation	501(c)(3)	Boston, MA	$2,008,455
Dayton Area Chamber of Commerce Education and Public Improvement Fdtn	501(c)(3)	Dayton, OH	$1,110,164
Greater Green Bay Chamber of Commerce Foundation	501(c)(3)	Green Bay, WI	$2,665,858
Midland Chamber of Commerce Foundation	501(c)(3)	Midland, TX	$818,952
New Jersey Chamber of Commerce Foundation	501(c)(3)	Trenton, NJ	$1,011,722
California Asian Pacific Chamber of Commerce Foundation	501(c)(3)	Sacramento, CA	$1,091,680

Data update history

November 25, 2024

Received grants

Identified 1 new grant, including a grant for $11,000 from The Indianapolis Foundation

July 13, 2024

Received grants

Identified 8 new grant, including a grant for $500,000 from Central Indiana Community Foundation (CICF)

March 6, 2024

Updated personnel

Identified 60 new personnel

January 22, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 22, 2024

Updated personnel

Identified 2 new personnel

Nonprofit Types

Grantmaking organizationsChapter / child organizationsCharities

Issues

Community improvementBusiness and industry

Characteristics

Political advocacyProvides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 111 Monument Cir Suite 1950; Indianapolis, IN 46204
Metro area: Indianapolis-Carmel-Anderson, IN
County: Marion County, IN
Website URL: indychamber.com/
Phone: (317) 464-2200

IRS details

EIN: 35-6017715
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1955
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: T30: Public Foundations
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Subordinate organization

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Greater Indianapolis Chamber of Commerce Foundation

Program areas at Greater Indianapolis Chamber of Commerce Foundation

Who funds Greater Indianapolis Chamber of Commerce Foundation

Personnel at Greater Indianapolis Chamber of Commerce Foundation

Financials for Greater Indianapolis Chamber of Commerce Foundation

Form 990s for Greater Indianapolis Chamber of Commerce Foundation

Organizations like Greater Indianapolis Chamber of Commerce Foundation

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