INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC

INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC

Indianapolis, IN, US
501(c)3
EIN
20-2664607

INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC

Indianapolis, IN, US
501(c)3
EIN
20-2664607

Overview

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Est.

2007

Fiscal Year Start

Not available

Organization Type

Grantseeker
AI Summary
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The Indiana Economic Development Foundation Inc is a nonprofit organization dedicated to promoting industrial and business development, diversifying Indiana's economy, and fostering overall economic growth within the state. With an operating budget of $1.2 million and total revenue of $3.2 million for the 2024 filing year, the organization relies on multiple funding sources, none of which constitutes 50% or more of its revenue. More information can be found on their website at https://iedc.in.gov/.

Mission Statement

TO PROMOTE INDUSTRIAL AND BUSINESS DEVELOPMENT, DIVERSIFICATION OF INDIANA'S ECONOMY, AND OVERALL ECONOMIC GROWTH OF INDIANA.
Revenues

$3.2M

Expenses

$1.2M

Net Income:
+$2.1M
Assets

$3.6M

Liabilities

$312.4K

Net Assets:
+$3.3M
Operating Budget

$1.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$185K
Largest grant received
$340K
E
Eric J Holcomb
Board Member
L
Linda E White
Board Member
M
Michael Kubacki
Board Member

Frequently Asked Questions

What is INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC’s budget?
In 2024, INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC support?
INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC supports work in Economic development.
Where does INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC operate?
INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC is headquartered in Indianapolis, IN.
Who funded INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC recently?
In 2025, INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, NISOURCE CHARITABLE FOUNDATION, and University of Notre Dame du Lac. More information on this organization’s funders is available to registered users.
What is the largest grant INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC received in 2024?
The largest grant to INDIANA ECONOMIC DEVELOPMENT FOUNDATION INC in 2024 exceeds $340 thousand.
Overview
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