The Indy Championships Fund concentrates its philanthropy on large-scale sports and event organizations in Indianapolis, prioritizing funding for championship events, college football playoffs, and local sports programming. Grants are focused on operational and programming support for a small set of regional nonprofits that run or host major sporting events and related facilities. The foundation appears driven by civic and economic impact tied to sports tourism rather than broad social-service philanthropy.
Highly concentrated, large-dollar grants to a very small number of local sports/event organizations, with repeat funding to core grantees; primarily single-year, sizable gifts aimed at operations and event delivery rather than many small community grants.
Indy Championships Fund Inc centers its giving on a small set of Indianapolis organizations that deliver major sports events and related programming. The largest recent award in the file was $6,946,488 to 2021 All Star Inc for general operations, followed by $2,915,644 to Indy College Football Playoff Inc for general operations. Those grants point to a funding model built around event delivery, not broad charitable programming. The foundation’s recent records also show support for Indianapolis-based sports infrastructure and promotion groups. In 2025, Indiana Sports Corporation received $1,176,310 for programming, and the Capital Improvement Board received $600,000 for programming. The pattern is consistent with an organization that funds the operational side of championship events, sports tourism, and the entities that help stage or support them. Across the grants listed, recipients are local and the work is tied to high-profile sports activity in Indianapolis. The amounts are large, and the support is directed toward functions that keep major events and associated programming running.
A central theme is general operating support for event organizations. 2021 All Star Inc received $6,946,488 in 2025 for general operations, and Indy College Football Playoff Inc received $2,915,644 in 2023 for general operations. Those awards suggest the funder backs the institutions responsible for delivering marquee sports events. Another focus is programming support for sports promotion and civic event work. Indiana Sports Corporation received $1,176,310 in 2025 for programming and $160,000 in 2023 for general operations. The Capital Improvement Board also received $600,000 in 2025 for programming, showing that the foundation supports both event-facing nonprofits and the public entities connected to venue or event programming.
The grant size profile is concentrated at the high end, with p25 at $1,071,666, median at $1,983,333, and p75 at $2,449,488. That distribution reflects large institutional awards rather than small competitive grants. The recent record also shows repeat support to the same organizations across multiple years: 2021 All Star Inc appears in 2024 and 2025, and Indiana Sports Corporation appears in 2023 and 2025. The foundation is a public charity, and the data provided shows grants rather than program-related investments or individual support.
$8.7M
$0
$1.6M
$9.1M
Most grants fall between $1.1M and $2.4M, with a median of $2M.
25th Percentile
$1.1M
Median
$2M
75th Percentile
$2.4M
About 100% of grants go to recipients in IN.
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Notable grantees: 2021 All Star Inc, Indy College Football Playoff Inc, Indiana Sports Corporation, Capital Improvement Board
All recorded grants in the dataset went to recipients in Indiana, and every listed recipient city is Indianapolis. The foundation’s giving is therefore entirely local in the available records, with 100% of grants landing in the HQ state of Indiana. The recipient list includes event organizations and civic partners located in the same city as the foundation’s headquarters.
It supports Indianapolis organizations tied to major sports events and related programming. Recent grants went to 2021 All Star Inc, Indy College Football Playoff Inc, Indiana Sports Corporation, and the Capital Improvement Board, with purposes including general operations and programming.
The grant-size distribution is large: p25 is $1,071,666, the median is $1,983,333, and p75 is $2,449,488. The recent record includes a grant of $6,946,488, which sits well above the median.
Yes. 2021 All Star Inc appears in both 2024 and 2025, and Indiana Sports Corporation appears in both 2023 and 2025. That shows support across multiple years for some of the same local organizations.
The grants in the data all go to Indiana, and every listed recipient city is Indianapolis. The recipient country distribution is 100% US.
The listed awards are for general operations and programming. In the recent grants, both 2021 All Star Inc and Indy College Football Playoff Inc received general-operations support, while Indiana Sports Corporation and the Capital Improvement Board received programming support.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| 2021 ALL STAR INC | INDIANAPOLIS, IN | $6,946,488 | 2025 | GENERAL OPERATIONS |
| INDIANA SPORTS CORPORATION | INDIANAPOLIS, IN | $1,176,310 | 2025 | PROGRAMMING |
| CAPITAL IMPROVEMENT BOARD | INDIANAPOLIS, IN | $600,000 | 2025 | PROGRAMMING |
| 2021 ALL STAR INC | INDIANAPOLIS, IN | $1,983,333 | 2024 | GENERAL OPERATIONS |
| INDY COLLEGE FOOTBALL PLAYOFF INC | INDIANAPOLIS, IN | $2,915,644 | 2023 | GENERAL OPERATIONS |
| INDIANA SPORTS CORPORATION | INDIANAPOLIS, IN | $160,000 | 2023 | GENERAL OPERATIONS |
2021 ALL STAR INC
$6,946,488GENERAL OPERATIONS
INDIANA SPORTS CORPORATION
$1,176,310PROGRAMMING
CAPITAL IMPROVEMENT BOARD
$600,000PROGRAMMING
2021 ALL STAR INC
$1,983,333GENERAL OPERATIONS
INDY COLLEGE FOOTBALL PLAYOFF INC
$2,915,644GENERAL OPERATIONS
INDIANA SPORTS CORPORATION
$160,000GENERAL OPERATIONS