This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $3,983,343 | $2,347,825 | $1,851,104 | $44,201,512 | $40,554,149 |
| FY2023 | 990 | $5,479,749 | $2,589,465 | $2,148,742 | $39,939,535 | $35,483,543 |
| FY2022 | 990 | $3,791,556 | $2,969,766 | $2,509,631 | $36,139,170 | $31,099,888 |
| FY2021 | 990 | $8,593,173 | $2,436,992 | $1,922,429 | $43,854,636 | $38,431,615 |
| FY2020 | 990 | $6,490,239 | $1,975,037 | $1,578,902 | $39,133,528 | $32,902,760 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 88% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| FLOYD COUNTY PARKS & RECREATION DEPTNEW ALBANY, IN | GENERAL SUPPORT | $1,000,000 | 2022 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mayor Jeff Gahan | VICE PRESIDENT | 1.00 | $0 |
| Stefanie Griffith | BOARD MEMBER | 1.00 | $0 |
| Judy Hess | SECRETARY | 1.00 | $0 |
| Brad Seigel | TREASURER |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| Not available |
| $755,943 |
| 2020 |
| FAMILY SCHOLAR HOUSELOUISVILLE, KY | GENERAL SUPPORT | $375,000 | 2023 |
| COVID LOANS EXPECTED TO BE FORGIVEN | Not available | $325,957 | 2020 |
| FRIENDS OF THE TOWN CLOCK CHURCHNEW ALBANY, IN | GENERAL SUPPORT | $200,000 | 2021 |
| NEW ALBANY REDEVELOPMENT COMMNEW ALBANY, IN | GENERAL SUPPORT | $132,739 | 2021 |
| NEW ALBANY FLOYD COUNTY EDUCATION FOUNDATIONNEW ALBANY, IN | GENERAL SUPPORT | $123,500 | 2023 |
| NEW ALBANY FLOYD COUNTY EDUCATION FOUNDATIONNEW ALBANY, IN | GENERAL SUPPORT | $109,781 | 2024 |
| IVY TECH STUDENT CENTER RENOVATIONINDIANAPOLIS, IN | GENERAL SUPPORT | $100,000 | 2023 |
| ONE SOUTHERN INDIANA ONE FUNDNEW ALBANY, IN | GENERAL SUPPORT | $87,931 | 2022 |
| IMAGINATION LIBRARYLOUISVILLE, KY | GENERAL SUPPORT | $70,000 | 2021 |
| HOPE SOUTHERN INDIANANEW ALBANY, IN | GENERAL SUPPORT | $64,829 | 2022 |
| CITY OF NEW ALBANYNEW ALBANY, IN | GENERAL SUPPORT | $55,000 | 2022 |
| IVY TECH FOUNDATIONINDIANAPOLIS, IN | GENERAL SUPPORT | $52,500 | 2023 |
| NEW ALBANY FLOYD COUNTY EDUCATION FOUNDATIONNEW ALBANY, IN | GENERAL SUPPORT | $51,000 | 2022 |
| KY SCIENCE CENTERLOUISVILLE, KY | GENERAL SUPPORT | $50,000 | 2021 |
| PERSONAL COUNSELING SERVICES INCCLARKSVILE, IN | GENERAL SUPPORT | $50,000 | 2023 |
| IVY TECHINDIANAPOLIS, IN | GENERAL SUPPORT | $50,000 | 2023 |
| FLOYD COUNTY PARKS & RECREATION DEPTNEW ALBANY, IN | GENERAL SUPPORT | $50,000 | 2021 |
| HOPE SOUTHERN INDIANANEW ALBANY, IN | GENERAL SUPPORT | $50,000 | 2023 |
| HABITAT FOR HUMANITY CLARK & FLOYD INDIANANEW ALBANY, IN | GENERAL SUPPORT | $44,500 | 2024 |
| BEAUTIFUL AS YOU ARECLARKSVILE, IN | GENERAL SUPPORT | $43,000 | 2024 |
| NEW ALBANY FLOYD COUNTY EDUCATION FOUNDATIONNEW ALBANY, IN | GENERAL SUPPORT | $41,000 | 2021 |
| FUND FOR THE ARTSLOUISVILLE, KY | GENERAL SUPPORT | $40,000 | 2021 |
| DARE TO CARE FOOD BANKLOUISVILLE, KY | GENERAL SUPPORT | $40,000 | 2024 |
| 1.00 |
| $0 |
| Jennie Collier | BOARD MEMBER | 1.00 | $0 |
| Renee Nadeau | BOARD MEMBER | 1.00 | $0 |
| Dr Al Knable | PRESIDENT | 1.00 | $0 |
| Dr Josh Kornberg | EXECUTIVE DIRECTOR - THRU 10/11/24 | 45.00 | $101,108 |
| Tyler Bliss | EXECUTIVE DIRECTOR - EFF. 11/11/24 | 45.00 | $19,635 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202433059349300108
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202342499349300839
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202233199349312568
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202112879349301336
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201910989349301316
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201841019349300424
Form 990 · FY2016 · period ending Dec 31, 2016
Filing id 201721039349301557
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.