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Clarence E Custer And Inez R Custer Foundation Inc. is a private corporation based in COLUMBUS, IN. The foundation received its IRS ruling in 1985. The principal officer is Irwin Union Bank. It holds total assets of $5.1M. Annual income is reported at $2M. The foundation is governed by 7 officers and trustees. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Indiana. According to available records, Clarence E Custer And Inez R Custer Foundation Inc. has made 173 grants totaling $1.3M, with a median grant of $4K. Annual giving has grown from $319K in 2020 to $661K in 2022. Individual grants have ranged from $500 to $54K, with an average award of $8K. The foundation has supported 59 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$7K
Largest Grant
$54K
Based on 43 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Clarence E Custer And Inez R Custer Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 173 grants. Its grantmaking reaches organizations primarily in IN.
Clarence E Custer And Inez R Custer Foundation Inc. has distributed a total of $1.3M across 173 grants. The median grant size is $4K, with an average of $8K. Individual grants have ranged from $500 to $54K.
The application deadline is BOARD OF DIRECTORS MEET ON A CALLED BASIS 2 TIMES ANNUALLY.. Applicants must be a 501(c)(3) organization, preferably with in a 50 miles of columbus, in. No churches are currently considered. Prefer benefit to bartholomew county citizens.
Clarence E Custer And Inez R Custer Foundation Inc. is headquartered in COLUMBUS, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Seth A Keele | DIRECTOR | $650 | $0 | $650 |
| Diane Bradley | DIRECTOR | $650 | $0 | $650 |
| Steve Carothers | DIRECTOR | $650 | $0 | $650 |
| Sam Pentzer | VICE PRESIDENT | $650 | $0 | $650 |
| Richard H Weaver | DIRECTOR | $650 | $0 | $650 |
| James Holland | SECRETARY | $650 | $0 | $650 |
| William Helmbrecht | PRESIDENT/TREASURER | $325 | $0 | $325 |
Total Giving
$465K
Total Assets
$5.1M
Fair Market Value
$8.2M
Net Worth
$5.1M
Grants Paid
$397K
Contributions
N/A
Net Investment Income
$231K
Distribution Amount
$398K
Total: $4.3M
Total Grants
173
Total Giving
$1.3M
Average Grant
$8K
Median Grant
$4K
Unique Recipients
59
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Turning PointCHARITABLE PURPOSES | Columbus, IN | $15K | 2022 |
| Salvation ArmyCHARITABLE PURPOSES | Indianapolis, IN | $7K | 2022 |
| Columbus Park FoundationNEXUS PARK | Columbus, IN | $40K | 2022 |
| Iu FoundatoinCHARITABLE PURPOSES | Bloomington, IN | $40K | 2022 |
| Mill Race CenterCHARITABLE PURPOSES | Columbus, IN | $30K | 2022 |
| Hospice Of South Central IndianaCHARITABLE PURPOSES | Columbus, IN | $20K | 2022 |
| Lincoln Central NeighborhoodCHARITABLE PURPOSE | Columbus, IN | $15K | 2022 |
| Columbus Area Chamber OfCHARITABLE PURPOSES | Columbus, IN | $12K | 2022 |
| Foundation For YouthCHARITABLE PURPOSES | Columbus, IN | $12K | 2022 |
| Bartholomew Co Historical SocietyCHARITABLE PURPOSES | Columbus, IN | $10K | 2022 |
| Just Friends IncUNRESTRICTED | Columbus, IN | $10K | 2022 |
| Love ChapelCHARITABLE PURPOSES | Columbus, IN | $10K | 2022 |
| American Red CrossCHARITABLE PURPOSES | Columbus, IN | $8K | 2022 |
| Columbus Regional Health FoundationCHARITABLE PURPOSES | Columbus, IN | $6K | 2022 |
| Columbus Symphony OrchestraCHARITABLE PURPOSES | Columbus, IN | $6K | 2022 |
| Riley Children'S FoundationCHARITABLE PURPOSES | Indianapolis, IN | $5K | 2022 |
| Columbus Indiana PhilharmonicUNRESTRICTED | Columbus, IN | $5K | 2022 |
| Advocates For ChildrenUNRESTRICTED | Columbus, IN | $5K | 2022 |
| Alzheimer'S Association Of Greater IndUNRESTRICTED | Indianapolis, IN | $5K | 2022 |
| The Arc Of Bartholomew CountyUNRESTRICTED | Columbus, IN | $4K | 2022 |
| Ronald Mcdonald House Of IndianaCHARITABLE PURPOSES | Indianapolis, IN | $4K | 2022 |
| Hoosier Trails Council BsaCHARITABLE PURPOSES | Bloomington, IN | $4K | 2022 |
| Access AbilityCHARITABLE PURPOSES | Columbus, IN | $4K | 2022 |
| Gleaners Foodbank Of InCHARITABLE PURPOSES | Indianapolis, IN | $4K | 2022 |
| Thrive AllianceCHARITABLE PURPOSES | Columbus, IN | $4K | 2022 |
| United Cerebral PalsyCHARITABLE PURPOSES | Indianapolis, IN | $4K | 2022 |
| Chain Breaker MinistriesUNRESTRICTED | Columbus, IN | $4K | 2022 |
| Columbus Fellowship ClubUNRESTRICTED | Columbus, IN | $4K | 2022 |