From public IRS filings
Independent Colleges of Indiana
INDIANAPOLIS, IN · Education
Built from IRS filings (latest Form 990: tax year 2025). Independent Colleges of Indiana has not reviewed or approved this page. Kindora is not affiliated with it.
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Mission
The Independent Colleges of Indiana (ICI) develops and enhances the competitive standing of its 29 member independent, nonprofit, regionally-accredited, degree-granting colleges and universities and strives to assure opportunity and choice in higher education for all students. (Continued on Schedule O)
Financials (IRS Form 990)
Total revenue
$25.9M
Total expenses
$26M
Total assets
$95.1M
Source: IRS Form 990, tax year 2025.
Who funds Independent Colleges of Indiana
$84.7M in foundation grants on record from 9 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Lilly Endowment | $83.1M | 14 |
| John W Anderson Foundation | $500K | 4 |
| Council of Independent Colleges | $416K | 4 |
| Nicholas H Noyes Jr Memorial Foundation | $300K | 5 |
| Ball Brothers Foundation | $300K | 3 |
| Oliver & Cunningham Fam Fdn-Main | $20K | 4 |
| University of Indianapolis | $16K | 1 |
| Norman A and M I Shane Charitable 310007018 | $10K | 1 |
| Gregory L Gibson Charitable Foundation | $4K | 3 |