Funder Directory1ST SOURCE FOUNDATION INC XXX-XX-XXXX
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Private foundation (trust)EIN 356034211Est. 1954-08

1ST SOURCE FOUNDATION INC XXX-XX-XXXX

SOUTH BEND, IN 46634

Total Assets

$48.8M

FY 2024

Annual Giving

$2.0M

FY 2024

Grants Made

93

FY 2024

Avg Grant

$22K

FY 2024

Grant Range

$90–$150K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$3.9M

Total Expenses

$2.3M

Qualifying Distributions

$2.0M

Distributable Amount

$2.2M

Min. Investment Return

$2.2M

Payout rate 91%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.91%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

93 grants

Grant sizes from minimum $90 through median $10K to maximum $150K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $2.2M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

354 grants

United Way of St Joseph County
$481K
4 grants
South Bend-Elkhart Regional FDN Inc
$450K
4 grants
SOUTH BEND PARKS FOUNDATION INC
$295K
2 grants
SOUTHWESTERN MICHIGAN COLLEGE
$265K
3 grants
Habitat for Humanity
$253K
5 grants
MARSHALL CO LLN INC
$250K
2 grants
JUNIOR ACHIEVEMENT OF NO INDIANA
$200K
3 grants
Logan Resource Center
$182K
3 grants

Grant Size Distribution

354 grants

<$10K
204
grants
$10–50K
114
grants
$50–250K
35
grants
$250K–1M
1
grants
$1–5M
$5M+

Geographic Focus

5 states

Indiana
$7.3M
91% of total
Michigan
$642K
8% of total
Illinois
$56K
1% of total
Florida
$42K
1% of total
Idaho
$25K
0% of total

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1ST SOURCE FOUNDATION INC XXX-XX-XXXX — Grants, Financials & Contact | Grantivo