The Indiana University Foundation solicits tax-deductible private contributions for the benefit of Indiana University and advances Indiana University through engagement and philanthropy.
Indiana University Foundation’s recent grantmaking is built around Indiana University itself: eight of the largest grants on file all went to Indiana University in Bloomington, with awards covering academic and student program support, student scholarship and financial aid, faculty support and research, and endowment and capital additions. That pattern shows a funder centered on strengthening the university’s core teaching, research, and student experience rather than dispersing support across many institutions. The foundation’s largest reported grant was $195,508,404 in 2023 for academic and student program support. Other major awards included $60,290,364 in 2024 for student scholarship and financial aid and $53,801,311 in 2024 for faculty support and research. These figures sit alongside additional support for the same university in 2023 and 2024, suggesting a sustained, high-dollar commitment to Indiana University’s operating and long-term needs. Beyond those institutional awards, Indiana University Foundation also administers scholarship and leadership-giving programs that connect donors with student support and campus priorities. The foundation’s public-facing programs include scholarships, women’s philanthropy grants, and leadership giving circles tied to Indiana University communities.
Student aid is a major part of the foundation’s work. In 2024, it gave $60,290,364 to Indiana University for student scholarship and financial aid, and in 2023 it gave $59,610,765 for the same purpose. Its scholarship pages also point to merit-based and need-based awards administered through the foundation. Faculty and research support is another clear priority. Indiana University received $53,801,311 in 2024 for faculty support and research, following a $49,649,415 award in 2023 for the same area. The foundation also supports academic and student program development. Indiana University received $47,914,482 in 2024 for academic and student program support, and $195,508,404 in 2023 for the same category. Separate public programs include Women’s Philanthropy Grants and WPLC Grants, which support education, student support, community impact, and leadership initiatives.
The reported grant-size distribution is very large: p25 is $40,986,927, median is $51,725,363, and p75 is $59,780,665. That points to a grantmaker that operates at institutional scale, with most reported awards far above typical small-foundation levels. The pattern is also recurring. Indiana University appears across multiple years and in several program categories, including 2023 and 2024 awards for scholarship, faculty research, academic programming, and endowment or capital additions. The foundation is a regular funder rather than a DAF, does not fund individuals, and does not make program-related investments. Public programs include unsolicited scholarship and Women’s Philanthropy grant opportunities, alongside some leadership-giving programs that are not open to unsolicited applications.
$403.6M
$4.7B
$598.7M
$501.9M
Most grants fall between $41M and $59.8M, with a median of $51.7M.
25th Percentile
$41M
Median
$51.7M
75th Percentile
$59.8M
J Thomas Forbes
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Indiana University Foundation’s giving is local and entirely in-state in the available data. The top state by grant count is Indiana, and 100% of grants are listed to recipients in the headquarters state. The recipient-country distribution is also fully domestic: all reported grants go to the US. At the city level, the grants consistently land in Bloomington, IN, through Indiana University. Public programs are also tied to Indiana and Indiana University campuses, with some leadership and crowdfunding initiatives connected to the university community.
It primarily supports Indiana University, with recent awards for academic and student program support, student scholarship and financial aid, faculty support and research, and endowment and capital additions. The foundation also administers scholarship and leadership-giving programs tied to the university community.
Its reported grant sizes are large: p25 is $40,986,927, median is $51,725,363, and p75 is $59,780,665. The recent grant list shows major awards in the tens or hundreds of millions of dollars to Indiana University in Bloomington.
Some public programs do. The scholarship programs and Women’s Philanthropy Grants are marked as accepting unsolicited applications, and the WPLC Grants program is also listed as accepting unsolicited applications.
Its giving is local and concentrated in Indiana. The data shows 100% of grants to recipients in the headquarters state, and the recipient-country distribution is entirely US-based.
The foundation’s public programs include Indiana University Foundation Scholarships, Women’s Philanthropy Grants, WPLC Grants, IU Crowdfunding, and Investing in Our Leaders programs through the Black, Latino, and Queer Philanthropy circles.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Current and upcoming funding from Indiana University Foundation that your nonprofit may be able to apply for.
Who can apply: Open to IU students, faculty, and staff across all campuses who have the capacity to manage and effectively utilize a grant. Proposals are considered from projects that align with the program’s focus areas.
Deadline: The 2027-28 grant cycle opens November 1, 2026. The 2026-27 grant cycle is closed.
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Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| Indiana University | Bloomington, IN | $225,357,187 | 2026 | Academic and Student Program Support |
| Indiana University | Bloomington, IN | $80,563,981 | 2026 | Faculty Support & Research |
| Indiana University | Bloomington, IN | $75,408,490 | 2026 | Student Scholarship and Financial Aid |
| Indiana University | Bloomington, IN | $22,226,151 | 2026 | Endowment and Capital Additions |
| Indiana University | Bloomington, IN | $67,284,654 | 2025 | Student Scholarship and Financial Aid |
| Indiana University | Bloomington, IN | $52,807,073 | 2025 | Faculty Support & Research |
| Indiana University | Bloomington, IN | $50,069,084 | 2025 | Academic and Student Program Support |
| Indiana University | Bloomington, IN | $20,040,487 | 2025 | Endowment and Capital Additions |
| Indiana University | Bloomington, IN | $60,290,364 | 2024 | Student Scholarship and Financial Aid |
| Indiana University | Bloomington, IN | $53,801,311 | 2024 | Faculty Support & Research |
| Indiana University | Bloomington, IN | $47,914,482 | 2024 | Academic and Student Program Support |
| Indiana University | Bloomington, IN | $20,204,261 | 2024 | Endowment and Capital Additions |
| Indiana University | Bloomington, IN | $195,508,404 | 2023 | Academic and Student Program Support |
| Indiana University | Bloomington, IN | $59,610,765 | 2023 | Student Scholarship and Financial Aid |
| Indiana University | Bloomington, IN | $49,649,415 | 2023 | Faculty Support & Research |
| Indiana University | Bloomington, IN | $11,794,865 | 2023 | Endowment and Capital Additions |
Indiana University
$225,357,187Academic and Student Program Support
Indiana University
$80,563,981Faculty Support & Research
Indiana University
$75,408,490Student Scholarship and Financial Aid
Indiana University
$22,226,151Endowment and Capital Additions
Indiana University
$67,284,654Student Scholarship and Financial Aid
Indiana University
$52,807,073Faculty Support & Research
Indiana University
$50,069,084Academic and Student Program Support
Indiana University
$20,040,487Endowment and Capital Additions
Indiana University
$60,290,364Student Scholarship and Financial Aid
Indiana University
$53,801,311Faculty Support & Research
Indiana University
$47,914,482Academic and Student Program Support
Indiana University
$20,204,261Endowment and Capital Additions
Indiana University
$195,508,404Academic and Student Program Support
Indiana University
$59,610,765Student Scholarship and Financial Aid
Indiana University
$49,649,415Faculty Support & Research
Indiana University
$11,794,865Endowment and Capital Additions