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Downtown Optimist Foundation is a private trust based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 1968. It holds total assets of $853K. Annual income is reported at $519K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. According to available records, Downtown Optimist Foundation has made 4 grants totaling $217K, with a median grant of $53K. The foundation has distributed between $53K and $105K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $105K distributed across 2 grants. Individual grants have ranged from $53K to $59K, with an average award of $54K. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
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.
Downtown Optimist Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IN.
Downtown Optimist Foundation has distributed a total of $217K across 4 grants. The median grant size is $53K, with an average of $54K. Individual grants have ranged from $53K to $59K.
Downtown Optimist Foundation typically selects its grantees rather than accepting unsolicited proposals. The application deadline is THE COMMITTEE MEETS APPROXIMATELY QUARTERLY.. Youth activities only, indianapolis area only.
Downtown Optimist Foundation is headquartered in INDIANAPOLIS, IN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth Loudenback | PRESIDENT | $0 | $0 | N/A |
| Charles L Curry | SECRETARY | $0 | $0 | N/A |
| Robert Brafford | TREASURER | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$860K
Fair Market Value
$716K
Net Worth
$860K
Grants Paid
$53K
Contributions
$13K
Net Investment Income
$29K
Distribution Amount
$34K
Total: $795K
Total Grants
4
Total Giving
$217K
Average Grant
$54K
Median Grant
$53K
Unique Recipients
1
Most Common Grant
$53K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached Schedule - AllSEE ATTACHED STATEMENT | Or Carmel In, IN | $53K | 2023 |