| NORTHERN INDIANA PUBLIC SERVICE COMPANY | Merrillville | — | $45.4M | 0 |
| SOUTHLAKE COMMUNITY MENTAL HEALTH CENTER | Merrillville | F32Z Mental Health & Crisis Intervention | $45.2M | 10 |
| DAVIESS-MARTIN COUNTY REMC | Loogootee | — | $44.5M | 18 |
| BETHEL UNIVERSITY INC | Mishawaka | B420 Education | $44.5M | 6 |
| SOUTHERN INDIANA REC INC | Tell City | W80 Public & Societal Benefit | $44.4M | 13 |
| LIFESPRING INC | Jeffersonville | F32Z Mental Health & Crisis Intervention | $44M | 17 |
| KANKAKEE VALLEY RURAL ELECTRIC | Wanatah | — | $43.5M | 13 |
| LEGACY FOUNDATION INC | Merrillville | T310 Philanthropy, Voluntarism & Grantmaking Foundations | $43.1M | 1 |
| INDIANA HEALTH CENTERS INC | Indianapolis | E320 Health Care | $42.9M | 12 |
| INDIANAPOLIS MOTOR SPEEDWAY FOUNDATION INC | Indianapolis | — | $42.6M | 3 |
| Aspire Indiana Inc | Noblesville | F320 Mental Health & Crisis Intervention | $42M | 17 |
| VALLEY PROFESSIONALS COMMUNITY HEALTH | Clinton | E20 Health Care | $41.7M | 15 |
| DECATUR COUNTY RURAL ELECTRIC MEMBER | Greensburg | — | $41.2M | 14 |
| GREENCROFT GOSHEN INC | Goshen | P750 Human Services | $41M | 6 |
| COMMUNITY HOSPITAL OF LAGRANGE COUNTY | LaGrange | E22 Health Care | $41M | 17 |
| USA Gymnastics | Indianapolis | N700 Recreation & Sports | $40.2M | 14 |
| DSI DIVERSIFIED SOLUTIONS INC | Columbus | L19 Housing & Shelter | $40M | 4 |
| AFFORDABLE HOUSING PARTNERS INC | Carmel | L200 Housing & Shelter | $39.7M | 1 |
| DEBORAH JOY SIMON CHARITABLE FOUNDATION | Carmel | T22 Philanthropy, Voluntarism & Grantmaking Foundations | $39.7M | 0 |
| INDIANA HEMOPHILIA & THROMBOSIS | Indianapolis | E20 Health Care | $39.4M | 20 |
| KAPPA ALPHA THETA FRATERNITY | Indianapolis | — | $39.4M | 2 |
| FOUNDATION FOR ADVANCED | Indianapolis | T99 Philanthropy, Voluntarism & Grantmaking Foundations | $39.3M | 1 |
| DUBOIS RURAL ELECTRIC COOPERATIVE INC | Jasper | — | $39.2M | 14 |
| Indiana University Health Jay Inc | Indianapolis | E20 Health Care | $39.1M | 16 |
| AMERICAN SENIOR COMMUNITIES | Indianapolis | — | $38.1M | 0 |
| AMERICAN UNITED LIFE INS CO WELFARE | Indianapolis | Y20 Mutual & Membership Benefit | $38M | 0 |
| FRANCISCAN HEALTH RENSSELAER INC | Rensselaer | — | $37.9M | 8 |
| Northwest Indiana Community Action | Crown Point | S21 Community Improvement & Capacity Building | $37.4M | 4 |
| Indiana University Health Paoli Inc | Indianapolis | E20 Health Care | $37.3M | 19 |
| CENTRAL INDIANA SCHOOL EMPLOYEES' | Carmel | — | $37.3M | 0 |
| CICOA Aging & In-Home Solutions Inc | Indianapolis | P81Z Human Services | $37.3M | 6 |
| VALLEY OAKS HEALTH INC | Lafayette | E22 Health Care | $36.6M | 25 |
| The Cummins Foundation Inc | Columbus | — | $36.6M | 0 |
| Allen Whitehill Clowes Charitable Foundation Inc | Indianapolis | — | $36.2M | 9 |
| Future Farmers of America | Indianapolis | O52Z Youth Development | $36.1M | 9 |
| WHITEWATER VALLEY RURAL ELECTRIC | Liberty | — | $36.1M | 16 |
| SOUTHEASTERN INDIANA RURAL ELECTRIC | Osgood | — | $36M | 17 |
| Retirement Living Inc | Indianapolis | P750 Human Services | $36M | 20 |
| NORTH CENTRAL INDIANA SCHOOL INSURANCE | Muncie | Y43 Mutual & Membership Benefit | $35.9M | 0 |
| Logan Community Resources Inc | South Bend | — | $35.6M | 4 |
| SAINT MARY-OF-THE-WOODS COLLEGE | St Mary Of The Woods | B42Z Education | $35.4M | 9 |
| FOUR COUNTY COMPREHENSIVE MENTAL HEALTH | Rochester | F30 Mental Health & Crisis Intervention | $35.3M | 12 |
| USA Track & Field Inc | Indianapolis | N700 Recreation & Sports | $35M | 15 |
| Mission Pre-Born Inc | Indianapolis | P20 Human Services | $34.7M | 7 |
| PORTER-STARKE SERVICES INC | Valparaiso | F300 Mental Health & Crisis Intervention | $34.7M | 8 |
| Lifeline Youth & Family Services Inc | Fort Wayne | P20 Human Services | $34.6M | 6 |
| GOODWILL EDUCATION INITIATIVES INC | Indianapolis | B240 Education | $34.5M | 8 |
| COMMUNITY FOUNDATION OF GREATER | Fort Wayne | T310 Philanthropy, Voluntarism & Grantmaking Foundations | $33.8M | 3 |
| WESTMINSTER VILLAGE GREENWOOD INC | Greenwood | P750 Human Services | $33.8M | 5 |
| INSTITUTE FOR STUDY ABROAD INC | Indianapolis | Q220 International, Foreign Affairs & National Security | $33.8M | 5 |