The Lacy Foundation concentrates its entire documented grantmaking on supporting local civic leadership and community capacity in Indianapolis, primarily through unrestricted operating support. All recorded giving over the period went to Leadership Indianapolis, indicating a clear interest in strengthening leadership development and civic engagement infrastructure in the city. The foundation appears to prioritize sustaining a single community-focused organization rather than funding a broad portfolio of causes.
Highly concentrated giving: all funds directed to a single repeat grantee (Leadership Indianapolis) in multiple grants, provided as substantial general operating support rather than many small or geographically diverse awards.
Notable grantees: Leadership Indianapolis
The Lacy Foundation’s clearest documented pattern is long-running support for Leadership Indianapolis, including $105,200 in 2025, $99,650 in 2024, and $98,500 in 2023 for general operations. That repeat funding points to a funder that values civic leadership infrastructure as much as direct program delivery. Across its recorded grantmaking, the foundation also backs Indianapolis organizations working in education, community impact, arts and culture, and quality of life, with most awards structured as unrestricted or general operating support. In the recent grant list, the foundation’s largest awards extend beyond one organization but stay close to the same civic ecosystem. Butler University received $50,000 for general operations, and Indiana Historical Society received $40,000 for general operations. Other sizable grants went to Indiana Repertory Theatre, United Way of Central Indiana, Child Advocates, and Ball State University Foundation. The pattern suggests a preference for established local institutions and capacity-building support rather than project-specific funding. Its documented giving is concentrated in Central Indiana, and the grant record shows a sustained emphasis on strengthening organizations that contribute to leadership development, community life, and civic engagement in Indianapolis.
A central theme in the Lacy Foundation’s grantmaking is civic leadership. Leadership Indianapolis received the foundation’s three largest recent awards, all for general operations, which makes leadership development a defining thread in the record. The foundation also underwrites the Stanley K. Lacy Executive Leadership Series, a program described as serving current and future leaders in Central Indiana. Arts and culture is another visible area. Indiana Repertory Theatre received $35,000 for general operations, while Newfields received $20,000 for general operations. Historical and cultural institutions also appear in the recent list, including the Indiana Historical Society and Benjamin Harrison Presidential Site, both funded for general operations. A third cluster centers on community support organizations. United Way of Central Indiana received grants in consecutive years, and Child Advocates, Coburn Place, The Julian Center, and Keep Indianapolis Beautiful also appear in the recent record. These awards show a consistent interest in local nonprofit infrastructure and community-serving institutions.
$474K
$12.2M
$1M
$557K
Most grants fall between $5K and $20K, with a median of $10K.
25th Percentile
$5K
Median
$10K
75th Percentile
$20K
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The Lacy Foundation’s typical grant size is $5,000 at the 25th percentile, $10,000 at the median, and $20,000 at the 75th percentile. The recent grant list shows a repeat-giving pattern rather than one-off awards: several organizations appear across multiple years, including Leadership Indianapolis, United Way of Central Indiana, Ball State University Foundation, Benjamin Harrison Presidential Site, Marian University, Nine13 Sports, and Shepherd's Center of Hamilton County. The foundation is a private charitable foundation, and its documented awards are overwhelmingly general operating support. It does not fund individuals or make program-related investments.
Grantmaking is highly concentrated in Indiana, with 92% of grants to recipients in the foundation’s headquarters state. Indianapolis is the main recipient city, appearing across the grant list, along with other Indiana locations such as Muncie, Fishers, and Noblesville. The geographic scope is local, and the recipient-country distribution is entirely U.S.-based, with 144 documented grants in the United States. The pattern reflects a strong Central Indiana focus rather than a multi-state or international portfolio.
The foundation supports organizations in education, community impact, arts and culture, and quality of life in Central Indiana. Its recent grants also show support for civic leadership and community capacity, with awards to established local institutions and nonprofits serving Indianapolis and nearby Indiana communities.
Yes. The recent grant list shows general operations across its awards, including repeat support for Leadership Indianapolis, Butler University, Indiana Historical Society, Indiana Repertory Theatre, United Way of Central Indiana, and several other local organizations. Its documented giving is structured mainly as unrestricted or operating support.
Several recipients appear in multiple years, which indicates recurring support rather than mostly one-time awards. Leadership Indianapolis appears in 2023, 2024, and 2025; United Way of Central Indiana appears in 2023 and 2024; and Ball State University Foundation, Benjamin Harrison Presidential Site, Marian University, Nine13 Sports, and Shepherd's Center of Hamilton County also recur.
The foundation’s typical grant size is $5,000 at the 25th percentile, $10,000 at the median, and $20,000 at the 75th percentile. That sits below some of the larger recent awards, which include six-figure support for Leadership Indianapolis and $50,000 for Butler University.
The documented grant record is entirely U.S.-based, and 92% of grants go to recipients in Indiana, the foundation’s headquarters state. The recent list shows Indiana recipients in Indianapolis, Muncie, Fishers, and Noblesville, with no non-U.S. grants in the provided data.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| LEADERSHIP INDIANAPOLIS | INDIANAPOLIS, IN | $105,200 | 2025 | GENERAL OPERATIONS |
| BALL STATE UNIVERSITY FOUNDATION | MUNCIE, IN | $27,500 | 2025 | GENERAL OPERATIONS |
| IU HEALTH FOUNDATION | INDIANAPOLIS, IN | $25,000 | 2025 | GENERAL OPERATIONS |
| JULIAN CENTER | INDIANAPOLIS, IN | $20,000 | 2025 | GENERAL OPERATIONS |
| COBURN PLACE | INDIANAPOLIS, IN | $20,000 | 2025 | GENERAL OPERATIONS |
| BENJAMIN HARRISON PRESIDENTIAL SITE | INDIANAPOLIS, IN | $20,000 | 2025 | GENERAL OPERATIONS |
| INDIANA HISTORICAL SOCIETY | INDIANAPOLIS, IN | $20,000 | 2025 | GENERAL OPERATIONS |
| NINE13 SPORTS | INDIANAPOLIS, IN | $20,000 | 2025 | GENERAL OPERATIONS |
| SHEPHERD'S CENTER OF HAMILTON COUNTY | NOBLESVILLE, IN | $20,000 | 2025 | GENERAL OPERATIONS |
| DISCOVERING BROADWAY | CARMEL, IN | $20,000 | 2025 | GENERAL OPERATIONS |
| CICP FOUNDATION INC | INDIANAPOLIS, IN | $16,500 | 2025 | GENERAL OPERATIONS |
| WOMEN4CHANGE INDIANA | INDIANAPOLIS, IN | $15,000 | 2025 | GENERAL OPERATIONS |
| DRESS FOR SUCCESS | INDIANAPOLIS, IN | $15,000 | 2025 | GENERAL OPERATIONS |
| COLLEGE MENTORS FOR KIDS | INDIANAPOLIS, IN | $15,000 | 2025 | GENERAL OPERATIONS |
| CONNER PRAIRIE | FISHERS, IN | $15,000 | 2025 | GENERAL OPERATIONS |
| NEWFIELDS | INDIANAPOLIS, IN | $10,000 | 2025 | GENERAL OPERATIONS |
| INDY CHAMBER FOUNDATION INC | INDIANAPOLIS, IN | $10,000 | 2025 | GENERAL OPERATIONS |
| THE CABARET | INDIANAPOLIS, IN | $10,000 | 2025 | GENERAL OPERATIONS |
| LA PLAZA INC | INDIANAPOLIS, IN | $10,000 | 2025 | GENERAL OPERATIONS |
| KURT VONNEGUT MEMORIAL LIBRARY | INDIANAPOLIS, IN | $7,500 | 2025 | GENERAL OPERATIONS |
| THE INTERNATIONAL CENTER | INDIANAPOLIS, IN | $7,500 | 2025 | GENERAL OPERATIONS |
| PLAYWORKS | INDIANAPOLIS, IN | $7,500 | 2025 | GENERAL OPERATIONS |
| KIPP PUBLIC SCHOOLS | INDIANAPOLIS, IN | $5,000 | 2025 | GENERAL OPERATIONS |
| GIRL SCOUTS OF CENTRAL INDIANA | INDIANAPOLIS, IN | $5,000 | 2025 | GENERAL OPERATIONS |
| OUTRUN THE SUN | INDIANAPOLIS, IN | $5,000 | 2025 | GENERAL OPERATIONS |
| HEARTLAND FILM INC | INDIANAPOLIS, IN | $3,500 | 2025 | GENERAL OPERATIONS |
| INDIANA REPERTORY THEATRE | INDIANAPOLIS, IN | $3,000 | 2025 | GENERAL OPERATIONS |
| ARTS COUNCIL OF INDIANAPOLIS | INDIANAPOLIS, IN | $2,500 | 2025 | GENERAL OPERATIONS |
| HATHAWAY BROWN | SHAKER HEIGHTS, OH | $2,250 | 2025 | GENERAL OPERATIONS |
| OKLAHOMA CITY UNIVERSITY | OKLAHOMA CITY, OK | $1,250 | 2025 | GENERAL OPERATIONS |
| BISHOP CHATARD HIGH SCHOOL | INDIANAPOLIS, IN | $1,000 | 2025 | GENERAL OPERATIONS |
| SINAPIS | INDIANAPOLIS, IN | $1,000 | 2025 | GENERAL OPERATIONS |
| INDIANA STATE UNIVERSITY FOUNDATION | TERRE HAUTE, IN | $1,000 | 2025 | GENERAL OPERATIONS |
| DIVERSION INDY | INDIANAPOLIS, IN | $1,000 | 2025 | GENERAL OPERATIONS |
| INDIANAPOLIS NEIGHBORHOOD HOUSING PARTNERSHIP | INDIANAPOLIS, IN | $1,000 | 2025 | GENERAL OPERATIONS |
| THE MILK BANK | INDIANAPOLIS, IN | $515 | 2025 | GENERAL OPERATIONS |
| GUERIN CATHOLIC HIGH SCHOOL | NOBLESVILLE, IN | $500 | 2025 | GENERAL OPERATIONS |
| ST PIUS X CATHOLIC CHURCH | INDIANAPOLIS, IN | $500 | 2025 | GENERAL OPERATIONS |
| WORLD VISION | FEDERAL WAY, WA | $500 | 2025 | GENERAL OPERATIONS |
| INDIANAPOLIS CULTURAL TRAIL | INDIANAPOLIS, IN | $500 | 2025 | GENERAL OPERATIONS |
| SALVATION ARMY USA | ALEXANDRIA, VA | $500 | 2025 | GENERAL OPERATIONS |
| SHELTERING WINGS | DANVILLE, IN | $500 | 2025 | GENERAL OPERATIONS |
| LAKELIGHT INSTITUTE | LAKE FOREST, IL | $500 | 2025 | GENERAL OPERATIONS |
| NATIONAL SNAFFLE BIT ASSOCIATION | WEATHERFORD, TX | $500 | 2025 | GENERAL OPERATIONS |
| LEADERSHIP INDIANAPOLIS | INDIANAPOLIS, IN | $99,650 | 2024 | GENERAL OPERATIONS |
| INDIANA HISTORICAL SOCIETY | INDIANAPOLIS, IN | $40,000 | 2024 | GENERAL OPERATIONS |
| INDIANA REPERTORY THEATRE | INDIANAPOLIS, IN | $35,000 | 2024 | GENERAL OPERATIONS |
| UNITED WAY OF CENTRAL INDIANA | INDIANAPOLIS, IN | $30,000 | 2024 | GENERAL OPERATIONS |
| BALL STATE UNIVERSITY FOUNDATION | MUNCIE, IN | $25,000 | 2024 | GENERAL OPERATIONS |
| INDY CHAMBER FOUNDATION INC | INDIANAPOLIS, IN | $20,000 | 2024 | GENERAL OPERATIONS |
DISCOVERING BROADWAY
$20,000GENERAL OPERATIONS
WOMEN4CHANGE INDIANA
$15,000GENERAL OPERATIONS
CONNER PRAIRIE
$15,000GENERAL OPERATIONS
NEWFIELDS
$10,000GENERAL OPERATIONS
INDY CHAMBER FOUNDATION INC
$10,000GENERAL OPERATIONS
KURT VONNEGUT MEMORIAL LIBRARY
$7,500GENERAL OPERATIONS
PLAYWORKS
$7,500GENERAL OPERATIONS
KIPP PUBLIC SCHOOLS
$5,000GENERAL OPERATIONS
OUTRUN THE SUN
$5,000GENERAL OPERATIONS
HEARTLAND FILM INC
$3,500GENERAL OPERATIONS
BISHOP CHATARD HIGH SCHOOL
$1,000GENERAL OPERATIONS
DIVERSION INDY
$1,000GENERAL OPERATIONS
THE MILK BANK
$515GENERAL OPERATIONS
GUERIN CATHOLIC HIGH SCHOOL
$500GENERAL OPERATIONS
ST PIUS X CATHOLIC CHURCH
$500GENERAL OPERATIONS
SALVATION ARMY USA
$500GENERAL OPERATIONS
LAKELIGHT INSTITUTE
$500GENERAL OPERATIONS
NATIONAL SNAFFLE BIT ASSOCIATION
$500GENERAL OPERATIONS
INDY CHAMBER FOUNDATION INC
$20,000GENERAL OPERATIONS