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INDIANA UNIVERSITY FOUNDATION

EIN 35-6018940 BLOOMINGTON, IN

Revenue 2024
$598,652,224
Expenses 2024
$501,934,877

Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B110
Classification
2000
Street
PO BOX 500

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • J Thomas Forbes

    President and CEO

    Total calculated
    $585,576
    From this org
    $511,589
    From related orgs
    $0
    Other
    $73,987
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $498,224
    Bonus
    $0
    Other
    $13,365
    Deferred
    $43,320
    Nontaxable benefits
    $30,667
    Filer's total
    $585,576

  • Pamela S Whitten

    Chairman of the Board

    Total calculated
    $0
    Hours/week
    0

  • Louis G Jordan

    Vice Chair

    Total calculated
    $0
    Hours/week
    0

  • Kenneth W Kaczmarek

    IUF Board Director/Treasurer

    Total calculated
    $0
    Hours/week
    0

  • Aasif M Bade

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Alan B Graf

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Alisa L Hendrix

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Amish Shah

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Amy Balcius

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Cheng Wu

    IUF Board Director (until 6/30/25)

    Total calculated
    $0
    Hours/week
    0

  • Cheryl Sullivan

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Curtis A Ferguson

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • David C Evans

    IUF Board Director (until 6/30/25)

    Total calculated
    $0
    Hours/week
    0

  • David H Jacobs Jr

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Dena Rae Hancock

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Derrick Burks

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Donna Spears

    IUF Board Director (until 6/30/25)

    Total calculated
    $0
    Hours/week
    0

  • Frank Graves

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Glenn Scolnik

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Gregg T Summerville

    IUF Board Director (until 6/30/25)

    Total calculated
    $0
    Hours/week
    0

  • James Fielding

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • James R Hodge

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • James Robert Quigg III

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • Jane M Jorgensen

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

  • John Fernandez

    IUF Board Director

    Total calculated
    $0
    Hours/week
    0

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $598,652,224
    Expenses
    $501,934,877
    Contributions
    $335,287,411
    Grants paid
    $403,572,809
  • 2023
    Revenue
    $447,818,816
    Expenses
    $281,606,520
    Contributions
    $185,574,538
    Grants paid
    $190,228,298
  • 2022
    Revenue
    $426,110,057
    Expenses
    $261,097,805
    Contributions
    $147,081,243
    Grants paid
    $182,237,418

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.