GrantmakersIndiana

Floyd Memorial Foundation Inc

New Albany, IN · EIN 31-0933781. Reported 62 grants totalling $2,736,862 to 41 organizations across tax years 2021-2024, on Form 990 Schedule I.

41organizations funded
$15,000median reported grant
$2,736,862granted, 2021-2024
50%of grantees funded again the next year
47%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. The IRS has no activity classification on file for this one, so we cannot tell you whether it is a community foundation or a single-institution support fund. The recipient list below is the better guide.
  2. How spread out its giving is. 41 distinct organizations, with 47% of the dollars going to the largest single recipient. That is concentrated. Most of the money has a settled destination, and the remainder is what is realistically in play.
  3. How much its list changes. 50% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is about the 57% median for grantmaking charities -- noticeably lower than the 67% private foundations manage. Organizations like this one rotate more of their list each year, which is where an opening for a newcomer tends to be.

How big are its grants?

The median reported grant is $15,000. Half of what it reported fell between $10,892 and $28,000; the smallest was $5,377 and the largest $378,237. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$5,000 - $10,000
9 grants
$10,000 - $25,000
35 grants
$25,000 - $50,000
10 grants
$50,000 - $100,000
3 grants
$100,000 - $250,000
1 grant
$250,000 Or More
4 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
Baptist Healthcare System IncLouisville, KY$1,292,232442024
Kosair Charities Committee IncLouisville, KY$375,000112024
Family Health Center of Clark County IncJeffersonville, IN$84,000332023
Brandons House Counseling Center IncNew Albany, IN$80,000112024
Scott County Thrive IncAustin, IN$68,425112023
Big Brothers Big Sisters of Kentuckiana IncLouisville, KY$60,000332024
Christian Formation Ministries IncorporatedNew Albany, IN$60,000332024
Family & Childrens Place IncLouisville, KY$59,615442024
Family Ark IncJeffersonvlle, IN$56,000332024
Vulnerable Adult Care Advocates IncNew Albany, IN$55,000222022
Floyd County Parks & RecreationNew Albany, IN$50,000112022
Arts Council of Southern IndianaNew Albany, IN$45,000112024
New Albany Floyd County Education Foundation IncNew Albany, IN$35,000112022
Let US LearnNew Albany, IN$31,000222023
Align Southern Indiana IncFloyds Knobs, IN$30,049112021
Hope Southern Indiana IncNew Albany, IN$30,000222022
Personal Counseling Services IncClarksville, IN$27,000222022
Homeless Coalition of Southern Indiana IncNew Albany, IN$25,500222024
Beacon House Aftercare Program IncLouisville, KY$21,280112023
Parenting With Purpose IncGeorgetown, IN$20,320112024
Trustees of Purdue UniversityWest Lafayette, IN$19,999222024
CASA of Floyd County IncNew Albany, IN$16,480112024
Baya CorporationClarksville, IN$15,000112023
Let US Learn IncNew Albany, IN$15,000112024
Our Place Drug and Alcohol Education Services IncNew Albany, IN$14,000112024
Camp Quality USA IncorporatedKalamazoo, MI$12,000222024
New Albany-Floyd County Public LibraryNew Albany, IN$12,000112024
Clark County Youth Shelter and Family Services IncJeffersonvlle, IN$11,230112024
22 Challenge CorporationSellersburg, IN$11,000112024
Friends of Open Door Youth Services IncNew Albany, IN$11,000112024
Hero Reward IncCorydon, IN$11,000112024
The Breakaway CorpNew Albany, IN$11,000112022
Giving Recovery a Chance Everday IncMarengo, IN$10,892112024
Dare to Care IncLouisville, KY$10,000112024
New RootsLouisville, KY$10,000112022
Indiana Women in Need Foundation IncIndianapolis, IN$8,200112024
Operation Parent IncLagrange, KY$7,770112024
Young Mens Christian Association of Greater LouisvilleLouisville, KY$7,470112022
Harrison County Substance Abuse Prevention Coalition IncCorydon, IN$6,023112024
Indiana University SoutheastNew Albany, IN$6,000112022
Volunteers of America IncLouisville, KY$5,377112024

13 of 41 (32%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

It also reported 2 groups of grants to individuals -- scholarships, emergency assistance and similar. Schedule I reports these by category with a headcount and never by name, so there is nothing here we could publish about the recipients even if we wanted to.

What the money was for

Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.

What kind of organizations it funds

By each recipient's own IRS classification, for the 30 of 41 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Mental Health
8 orgs
Human Services
7 orgs
Health Care
4 orgs
Religion
2 orgs
Education
2 orgs
Youth Development
2 orgs
Employment
1 org
Housing & Shelter
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
20218$513,380$22,500
202218$545,120$15,000
202310$592,942$20,000
202426$1,085,420$12,312

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

68% of its giving went to organizations in Kentucky. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

Kentucky
$1.8M
Indiana
$876K
Michigan
$12K

Down to the city

Louisville, KY
$1.8M
New Albany, IN
$497K
Jeffersonville, IN
$84K
Austin, IN
$68K
Jeffersonvlle, IN
$67K
Clarksville, IN
$42K

Find more funders like Floyd Memorial Foundation Inc

We read newly filed IRS returns and email you the grantmakers whose giving matches your state and cause, as they are published. Free.

No spam, unsubscribe in one click. We never sell or share your address.

Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

Horseshoe Foundation of Floyd County Inc23 shared recipientsCommunity Foundation of Southern21 shared recipientsAmerican Online Giving Foundation Inc14 shared recipientsFloyd County Legacy Foundation Inc13 shared recipientsMightycause Charitable Foundation12 shared recipientsThe Community Foundation of11 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $15,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in Kentucky.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Where these numbers come from

Everything above is taken from Floyd Memorial Foundation Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred or estimated.

On its most recent return it told the IRS it made grants to 26 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: Po Box 85, New Albany, IN, 47151.

EIN 31-0933781 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded, which is the best available predictor of who it will fund next.

Is something here wrong about your organization? Email [email protected] and we will correct it.