Prospect Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Prospect Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 47-2627091

Foundation Overview

Based in West Lafayette, IN, Prospect Foundation Inc has awarded 43 grants totaling $327,500 to organizations in Indiana, District of Columbia and 4 other states across the US. Individual grants range from $500 to $40,000, with a median award of $10,000.

Latest Tax Year
2023
Total Giving (all years)
$327,500
Total Assets
$3,401,581
Median Grant (all grants)
$10,000

Latest Form 990-PF Snapshot

Total Grants
5
Median Grant
$10,000
% No Significant Change
0% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Balanced Approach: 40%

2 of 5 recipients (40%) were new grantees. Foundation maintains loyal partnerships while remaining open to qualified new applicants with strong proposals.

Geographic Focus
Indiana

49% of grants are awarded in Indiana, with additional funding distributed across 5 other locations. The foundation balances regional focus with broader geographic diversity. Within Indiana, funding concentrates in Bloomington (33%), Logansport (29%), Indianapolis (14%).

Funding Trajectory
+6800%

Strong 6800% growth in annual giving over 8 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
Education + General Purposes

Dual focus on education (50%) and general purposes, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Prospect Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Stuart Country Day School In New Jersey $10,000 Princeton, NJ, US Educational 2023
Indiana University Foundation $10,000 Bloomington, IN, US Charitable 2023
New York Medical College $5,000 Valhalla, NY, US Educational 2023
Emory University $10,000 Atlanta, GA, US Educational 2023
Future Initiative $34,000 West Lafayette, IN, US Charitable 2023
Indiana University $11,000 Bloomington, IN, US Educational 2022
Kronos Quartet Kronos Performing Arts Association In California $10,000 San Francisco, CA, US Charitable 2022
Stuart Country Day School In New Jersey $12,000 Princeton, NJ, US Educational 2022
Emory University $10,000 Atlanta, GA, US Educational 2022
New York Medical College $5,000 Valhalla, NY, US Educational 2022
Logansport Medical Hospital Foundation $1,000 Logansport, IN, US Charitable 2022
Indiana University $11,000 Bloomington, IN, US Educational 2022
Kronos Quartet Kronos Performing Arts Association In California $10,000 San Francisco, CA, US Charitable 2022
Stuart Country Day School In New Jersey $12,000 Princeton, NJ, US Educational 2022
Emory University $10,000 Atlanta, GA, US Educational 2022
New York Medical College $5,000 Valhalla, NY, US Educational 2022
Logansport Medical Hospital Foundation $1,000 Logansport, IN, US Charitable 2022
Logansport Memorial Hospital $2,000 Logansport, IN, US Charitable 2021
Indiana University $12,000 Bloomington, IN, US Educational 2021
Kronos Quartet Kronos Performing Arts Association In California $10,000 San Francisco, CA, US Charitable 2021
Stuart Country Day School In New Jersey $2,000 Princeton, NJ, US Educational 2021
Franciscan Hospital Foundation In Indiana $1,000 Mishawaka, IN, US Charitable 2021
Logansport Memorial Hospital $2,000 Logansport, IN, US Charitable 2021
Indiana University $12,000 Bloomington, IN, US Educational 2021
Kronos Quartet Kronos Performing Arts Association In California $10,000 San Francisco, CA, US Charitable 2021
Stuart Country Day School In New Jersey $2,000 Princeton, NJ, US Educational 2021
Franciscan Hospital Foundation In Indiana $1,000 Mishawaka, IN, US Charitable 2021
Logansport Memorial Hospital $2,000 Logansport, IN, US Charitable 2021
Indiana University $12,000 Bloomington, IN, US Educational 2021
Kronos Quartet Kronos Performing Arts Association In California $10,000 San Francisco, CA, US Charitable 2021
Stuart Country Day School In New Jersey $2,000 Princeton, NJ, US Educational 2021
Franciscan Hospital Foundation In Indiana $1,000 Mishawaka, IN, US Charitable 2021
Logansport Memorial Hospital $2,000 Logansport, IN, US Charitable 2020
Indiana University $1,000 Bloomington, IN, US Educational 2020
The Futures Initiative $40,000 Washington, DC, US Charitable 2020
Park Tudor School $10,000 Indianapolis, IN, US Educational 2020
Stuart School In Nj $1,000 Princeton, NJ, US Educational 2019
Park Tudor School $10,000 Indianapolis, IN, US Educational 2019
Hendricks Regional Health $500 Danville, IN, US Charitable 2019
Emory University $3,000 Atlanta, GA, US Educational 2019
Iu $1,000 Indianapolis, IN, US Charitable 2019
The Futures Initiative $10,000 Washington, DC, US Charitable 2019
Stuart School $1,000 Princeton, NJ, US Educational 2015

Foundations Similar to Prospect Foundation Inc

Discover 5 foundations with comparable assets ($3,348,475-$3,522,346), similar grant patterns, and geographic focus in IN that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 35-6451959 | 32 grants awarded
$3,405,726
(≈ Similar)
$17,873
median grant
Muncie, IN
Same state
100%
Excellent match

EIN: 46-6337083 | 155 grants awarded
$3,357,682
(≈ Similar)
$5,000
median grant
Fort Wayne, IN
Same state
99%
Excellent match

EIN: 35-2057978 | 53 grants awarded
$3,446,599
(≈ Similar)
$10,000
median grant
Paoli, IN
Same state
99%
Excellent match

EIN: 27-4368767 | 183 grants awarded
$3,348,475
(≈ Similar)
$5,000
median grant
South Bend, IN
Same state
99%
Excellent match

EIN: 62-1474246 | 90 grants awarded
$3,522,346
(≈ Similar)
$10,000
median grant
Merrillville, IN
Same state
98%
Excellent match

Contact Information

Official contact details for Prospect Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 47-2627091
Website N/A
Address 3211 HUMBOLDT ST W Lafayette, IN 47906-7224

Key People (2)

Board members, trustees, and key staff who oversee Prospect Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Ceo Qin Yang
Cfo Cheng Du

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Prospect Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.