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Filing year 2023

INDIGO FOUNDATION

Louisville, Kentucky·EIN 81-4600741·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$10.4M
Total assets
$31.2M
Total expenses
$2.8M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Secretary/treasurer
Board Treasurer
25th percentile to median
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INDIGO FOUNDATION equaled 0.1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2.7M

Itemized grants

12

Median grant

$250k

RecipientLocationPurposeAmount
EVOLVE 502LOUISVILLE, KYHUMAN SERVICES$500k
NATIONAL PHILANTHROPIC TRUST (OPTIMUS FOUNDATION)SAN FRANCISCO, CAHUMAN SERVICES$417k
VOLUNTEERS OF AMERICALOUISVILLE, KYHUMAN SERVICES$267k
21ST CENTURY PARKS ENDOWMENT INCLOUISVILLE, KYHUMAN SERVICES$250k
U-GO INITIATIVESOLANA BEACH, CAHUMAN SERVICES$250k
UNIVERSITY OF KENTUCKYLEXINGTON, KYHUMAN SERVICES$250k
BAPTIST HEALTH FOUNDATIONLOUISVILLE, KYHUMAN SERVICES$250k
WATER STEPLOUISVILLE, KYHUMAN SERVICES$200k
OLMSTEAD PARKS CONSERVANCYLOUISVILLE, KYHUMAN SERVICES$100k
THE PARKLANDS OF FLOYDS FORKLOUISVILLE, KYHUMAN SERVICES$100k
WATERFRONT BOTANICAL GARDENSLOUISVILLE, KYHUMAN SERVICES$100k
DARE TO CARELOUISVILLE, KYHUMAN SERVICES$50k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INDIGO FOUNDATION

What does the Board Treasurer of INDIGO FOUNDATION earn?

In 2023, the Board Treasurer of INDIGO FOUNDATION received $3,615 in total compensation. This pay is below the median (the midpoint) for Board Treasurer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at INDIGO FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Treasurer at INDIGO FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at INDIGO FOUNDATION equaled 0.1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are INDIGO FOUNDATION's revenue and expenses?

In 2023, INDIGO FOUNDATION reported $10.4M in total revenue and $2.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.