//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Cummins Foundation Inc. is a private corporation based in COLUMBUS, IN. The foundation received its IRS ruling in 1956. The principal officer is Lyndsey Teeters. It holds total assets of $57.9M. Annual income is reported at $68.9M. Total assets have grown from $37.7M in 2011 to $66.2M in 2023. The foundation is governed by 11 officers and trustees. Tax records are available from 2020 to 2023. According to available records, The Cummins Foundation Inc. has made 3 grants totaling $66.6M, with a median grant of $23.2M. Annual giving has grown from $17.6M in 2021 to $25.8M in 2023. Individual grants have ranged from $17.6M to $25.8M, with an average award of $22.2M. 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.
The Cummins Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IN.
The Cummins Foundation Inc. has distributed a total of $66.6M across 3 grants. The median grant size is $23.2M, with an average of $22.2M. Individual grants have ranged from $17.6M to $25.8M.
The application deadline is SEE ATTACHMENT 4. See attachment 14.
The Cummins Foundation Inc. is headquartered in COLUMBUS, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Schacht | CHIEF EXECUTIVE OFFICER | $0 | $0 | N/A |
| Sharon Barner | DIRECTOR | $0 | $0 | N/A |
| Tom Linebarger | DIRECTOR | $0 | $0 | N/A |
| Jennifer Rumsey | CHAIRMAN | $0 | $0 | N/A |
| Nicole Lamb-Hale | Director | $0 | $0 | N/A |
| Lyndsey Teeters | Treasurer | $0 | $0 | N/A |
| Travis Meek | SECRETARY | $0 | $0 | N/A |
| Will Miller | DIRECTOR | $0 | $0 | N/A |
| Tony Satterthwaite | DIRECTOR | $0 | $0 | N/A |
| Srikanth Padmanabhan | DIRECTOR | $0 | $0 | N/A |
| Mark Smith | DIRECTOR | $0 | $0 | N/A |
Total Giving
$31.1M
Total Assets
$66.2M
Fair Market Value
$66.2M
Net Worth
$55.6M
Grants Paid
$29.2M
Contributions
$34.3M
Net Investment Income
$2.4M
Distribution Amount
$2.8M
Total: $45.8M
Total Grants
3
Total Giving
$66.6M
Average Grant
$22.2M
Median Grant
$23.2M
Unique Recipients
1
Most Common Grant
$17.6M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment 1VARIOUS. SEE ATTACHMENT 1 | Columbus, IN | $25.8M | 2023 |