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Cicp Foundation Inc

EIN 35-2065457 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair60 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CICP FOUNDATION, INC. (THE FOUNDATION) OPERATES EXCLUSIVELY FOR THE BENEFIT OF AND CARRIES OUT THE MISSION OF CENTRAL INDIANA CORPORATE PARTNERSHIP, INC. (CICP) BY ENGAGING IN AND SUPPORTING ACTIVITIES IN FURTHERANCE OF PURPOSES THAT ARE CHARITABLE, EDUCATIONAL OR OTHERWISE DESCRIBED IN SECTION 170(C)(2)(B) OF THE INTERNAL REVENUE CODE. CENTRAL INDIANA CORPORATE PARTNERSHIP (CICP) IS AN ALLIANCE OF INDIANA'S BUSINESS AND RESEARCH UNIVERSITY LEADERS COMING TOGETHER TO FOSTER LONG-TERM PROSPERITY FOR THE REGION. CICP'S MISSION IS TO TRANSFORM THE ECONOMY OF INDIANA IN ORDER TO CREATE A SUSTAINABLE PROSPERITY AND QUALITY OF LIFE FOR OUR CITIZENS AND FUTURE GENERATIONS.

Income
$29.6 million
Spending
$28.5 million
Spent on programs
88%
Reserves
3.2 months of spending
Largest source of income
donations and private grants, 91%
Employees
0
Volunteers
60
Highest pay
$765,873, ceo, cicp

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 60 out of 100. Higher than 42% of charities in its peer group (community improvement, $10m to $100m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.2 months of spending.

  • Debt

    5 of 20

    It owes 73% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

  • Income trend

    5 of 15

    Income fell 14% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 42% of charities in its peer group (community improvement, $10m to $100m).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $8.1 million spent. ASCEND INDIANA IS A TALENT AND WORKFORCE DEVELOPMENT INITIATIVE COMMITTED TO MAKING INDIANA A PLACE OF ECONOMIC OPPORTUNITY FOR ALL. VISIT WWW.ASCENDINDIANA.COM. IN 2024, ASCEND MATCHED 963 EARLY-CAREER HOOSIERS AND OTHER JOB SEEKERS WITH CAREER AND INTERNSHIP OPPORTUNITIES, SURPASSING THE GOAL IT HAD SET FOR MATCHES. WE ASCEND ALSO WORKED ALONGSIDE EMPLOYERS TO FILL TOLES ROLES AND PARTNERED WITH EDUCATIONAL INSTITUTIONS TO BUILD CUSTOM TALENT PIPELINES. IN 2024, WE COMPLETED 7 PROJECTS, AND CONNECTED 826 INDIVIDUALS TO TRAINING AND WORK-BASED LEARNING OPPORTUNITIES. "INDIANA'S NEW CAREER PATHWAY: PREPARING MORE HOOSIERS FOR SUCCESS AFTER HIGH SCHOOL" WAS PUBLISHED IN SEPTEMBER 2024 AFTER 7 YEARS OF WORK LEARNING ABOUT THE SWISS VOCATIONAL AND PROFESSIONAL EDUCATION AND TRAINING SYSTEM. ASCEND COLLABORATED WITH THE RICHARD M. FAIRBANKS FOUNDATION, INDY CHAMBER AND NEARLY 200 BUSINESS, EDUCATION, PHILANTHROPIC AND PUBLIC-SECTOR PARTNERS TO DEVELOP THE COMPREHENSIVE STRATEGIC PLAN, CEMETS ILAB INDIANA, THAT LAYS THE GROUNDWORK FOR A STATEWIDE SYSTEM THAT SUPPORTS APPRENTICESHIP EXPERIENCES FOR HOOSIER STUDENTS.
  2. $4.7 million spent. ANALYTIXIN, IS A STRATEGIC INITIATIVE OF CICP ESTABLISHED TO DEVELOP A DIGITAL COMMUNITY, INCLUDING A PLACE-FOCUSED COLLABORATION HUB IN INDIANAPOLIS THAT WILL STRENGTHEN CONNECTIONS AND ENCOURAGE ENGAGEMENT OF ACADEMIC DATA SCIENCE RESEARCH AND DEVELOPMENT TALENT WITH THEIR INDUSTRY PEERS TO DRIVE SUSTAINED INNOVATION WITHIN INDIANA. THE EMPHASIS IS ON LIFE SCIENCES AND MANUFACTURING TWO OF INDIANA'S MOST IMPORTANT AND PROLIFIC ECONOMIC DRIVERS. CICP SERVES AS PROJECT LEAD, WITH SIGNIFICANT AND CRITICAL PARTICIPATION FROM INDIANA UNIVERSITY, PURDUE UNIVERSITY, AND THE UNIVERSITY OF NOTRE DAME, EACH ALLOCATED SIGNIFICANT ANALYTIXIN FUNDING AS THE LOCUS OF THE PROJECT'S TALENT RECRUITMENT AND DEVELOPMENT ACTIVITIES. VISIT WWW.ANALYTIXINDIANA.COM.ANALYTIXIN CONTINUES TO SERVE AS A VITAL CATALYST FOR DATA COLLABORATION, BRIDGING INDIANA'S ACADEMIC INSTITUTIONS, INDUSTRY, GOVERNMENT, AND COMMUNITY ORGANIZATIONS. IN 2024, THE INITIATIVE ACHIEVED NOTABLE MILESTONES ACROSS ITS FOUR STRATEGIC PILLARS, SIGNIFICANTLY EXPANDING ITS TRANSFORMATIVE IMPACT: -TALENT ATTRACTION AND GROWTH: THIS YEAR MARKED SIGNIFICANT PROGRESS, WITH 59 ADVANCED ANALYTICS AND AI-FOCUSED FACULTY NOW RECRUITED AND RETAINED ACROSS INDIANA UNIVERSITY, PURDUE UNIVERSITY, AND THE UNIVERSITY OF NOTRE DAME. THESE DISTINGUISHED EXPERTS ARE EDUCATING INDIANA'S TALENT OF TOMORROW, DRIVING INTERDISCIPLINARY RESEARCH, FOSTERING INNOVATION, AND ELEVATING INDIANA'S STATUS WITHIN THE GLOBAL DIGITAL LANDSCAPE. -THE COMMON PLACE: HUB FOR COLLABORATIVE INNOVATION: LOCATED AT 16TECH, THE COMMON PLACE REMAINS CENTRAL TO FOSTERING ENGAGEMENT AND CROSS-SECTOR PARTNERSHIPS. THE INAUGURAL ANALYTIXIN SUMMIT SUCCESSFULLY CONVENED OVER 80 INDUSTRY, ACADEMIC, AND COMMUNITY LEADERS. THIS PIVOTAL EVENT SPARKED NEW INTRA-ORGANIZATIONAL COLLABORATIVE PROJECTS AIMED AT BUILDING THE DATA ECOSYSTEM AND GENERATING ACTIONABLE SOLUTIONS TO KEY CHALLENGES. -LIFE SCIENCES HEALTH DATA ASSET GAINS MOMENTUM: THE CONSORTIUM SURROUNDING THE LIFE SCIENCES HEALTH DATA ASSET ADVANCED SUBSTANTIALLY, LAUNCHING COLLABORATIVE RESEARCH INITIATIVES WITH PROMINENT INSTITUTIONS INCLUDING INDIANA UNIVERSITY, IU HEALTH, ELI LILLY & CO, PURDUE UNIVERSITY, AND IBRI. THESE PROJECTS SHOWCASE THE ASSET'S CAPABILITY TO FACILITATE GROUNDBREAKING RESEARCH, ENHANCING INDIANA'S POSITION AS A LEADER IN HEALTH DATA INNOVATION. -DYNAMIC PROJECT TEAMS: THE COMMUNITIES OF PRACTICE (COPS) CONTINUE TO UNDERPIN ANALYTIXIN'S COLLABORATIVE MISSION, EFFECTIVELY CONNECTING FACULTY, STUDENTS, AND COMMUNITY PARTNERS. IN 2024 ALONE, COPS ENGAGED 88 ORGANIZATIONS SPANNING MANUFACTURING, LIFE SCIENCES, AND TECHNOLOGY SECTORS. THESE COLLABORATIVE FORUMS CREATED MEANINGFUL OPPORTUNITIES, SUCH AS DATA VISUALIZATION PROJECTS LINKING STUDENTS DIRECTLY WITH REAL-WORLD INDUSTRY CHALLENGES, FOSTERING PRACTICAL LEARNING EXPERIENCES, AND ADDRESSING COMMUNITY NEEDS. ANALYTIXIN IS PRIMARILY ENABLED BY A $36 MILLION GRANT FROM LILLY ENDOWMENT INC. TO THE CICP FOUNDATION. VISIT WWW.ANALYTIXINDIANA.COM.
  3. $3.5 million spent. CONEXUS INDIANA HAS BEEN POSITIONING THE HOOSIER STATE AS THE BEST PLACE FOR ADVANCED MANUFACTURING AND LOGISTICS INDUSTRIES TO INNOVATE, INVEST, EMPLOY AND SUCCEED FOR MORE THAN A DECADE. CONEXUS COLABORATES WITH INDUSTRY, ACADEMIC AND PUBLIC SECTOR PARTNERS ON A SHARED VISION FOR AN INNOVATIVE, SKILLED WORKFORCE AND STRONGER BUSINESS CLIMATE. CONEXUS INDIANA'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.CONEXUSINDIANA.COM. THE DEMAND FOR A HIGHLY SKILLED WORKFORCE CONTINUES TO SHAPE THE FUTURE OF INDIANA'S AML INDUSTRIES. IN 2024, CONEXUS INDIANA CONTINUED TO RESPOND TO THIS NEED BY DEEPENING ITS ENGAGEMENT WITH INDUSTRY EMPLOYERS AND EDUCATORS. - CONEXUS AWARDED $110,000 IN STUDENT INDUSTRIES SUPPORT GRANTS TO 11 HIGH SCHOOLS AND $480,000 IN EDUCATION READINESS GRANTS, VIA THE INDIANA COMMISSION FOR HIGHER EDUCATION, TO FIVE HIGH SCHOOLS. THESE FUNDS ALLOWED STUDENT-RUN MANUFACTURING ENTERPRISES AND CAREER AND TECHNICAL EDUCATION (CTE) PROGRAMS TO SCALE THEIR OPERATIONS AND ENHANCE INDUSTRY 4.0-ALIGNED TRAINING TO BRIDGE THE GAP BETWEEN CLASSROOM LEARNING AND REAL-WORLD APPLICATION. - MEANWHILE, THE CATAPULT INDIANA TRAINING PROGRAM CONTINUED TO PROVIDE A DIRECT PATHWAY INTO AML CAREERS. ACROSS SIX PROGRAM SITES, 127 STUDENTS PARTICIPATED IN THIS IMMERSIVE TRAINING EXPERIENCE, WITH 90% OF ELIGIBLE ADULT GRADUATES RECEIVING JOB OFFERS. THE PROGRAM ALSO REINFORCED CONEXUS' COMMITMENT TO EQUITY, WITH 68% OF PARTICIPANTS IDENTIFYING AS PERSONS OF COLOR, EXPANDING ACCESS TO OPPORTUNITY ACROSS INDIANA'S WORKFORCE. - IN ADDITION TO THESE WORKFORCE INITIATIVES, CONEXUS STRENGTHENED ITS PARTNERSHIP WITH IVY TECH COMMUNITY COLLEGE TO ENSURE INDIANA'S POST-SECONDARY INSTITUTIONS ARE PREPARING STUDENTS FOR THE EVOLVING DEMANDS OF INDUSTRY 4.0. THROUGH THIS COLLABORATION, IVY TECH AND CONEXUS CO-DEVELOPED COURSES DESIGNED TO UPSKILL WORKERS AND EQUIP THEM WITH THE DIGITAL COMPETENCIES REQUIRED IN MODERN MANUFACTURING. BEYOND DRIVING INDUSTRY INNOVATION, CONEXUS REMAINS COMMITTED TO SHAPING PUBLIC PERCEPTIONS OF AML CAREERS AND ENSURING INDIANA REMAINS A LEADER IN DIGITAL ADOPTION. - CONEXUS CONTINUED ITS WORK TO ATTRACT THE NEXT GENERATION OF TALENT THROUGH THE MAKE IN MOVE CAMPAIGN, WHICH SECURED 2.5 MILLION IMPRESSIONS FROM GEN-Z HOOSIERS IN 2024. THIS CAMPAIGN, DESIGNED TO RAISE AWARENESS OF AML CAREER OPPORTUNITIES, LEVERAGED TARGETED DIGITAL OUTREACH AND STORYTELLING TO CONNECT WITH INDIANA'S FUTURE WORKFORCE. - TO PUBLICLY RECOGNIZE AND CELEBRATE THE NEXT GENERATION OF AML LEADERS, CONEXUS CONTINUED ITS RISING 30 PROGRAM IN 2024, HONORING 30 YOUNG PROFESSIONALS MAKING A SIGNIFICANT IMPACT IN INDIANA'S MANUFACTURING AND LOGISTICS INDUSTRIES. RESEARCH AND DATA-DRIVEN INSIGHTS REMAIN CENTRAL TO CONEXUS' MISSION, HELPING TO GUIDE INDUSTRY DECISION-MAKING AND INFORM PUBLIC POLICY. - CONEXUS COMPLETED MULTIPLE RESEARCH PROJECTS THAT EXAMINED EMERGING WORKFORCE TRENDS, DIGITAL ADOPTION BENCHMARKS AND SUPPLY CHAIN INNOVATIONS. AMONG THESE, THE NATIONAL TECHNOLOGY ADOPTION BENCHMARKING IN ADVANCED MANUFACTURING AND LOGISTICS REPORT, DEVELOPED IN PARTNERSHIP WITH TECONOMY PARTNERS LLC, PROVIDED A COMPARATIVE ANALYSIS OF INDIANA'S INDUSTRY 4.0 PROGRESS AGAINST SEVEN PEER STATES.
  4. $8.9 million spent. AGRINOVUS INDIANA IS THE STATE'S INITIATIVE FOCUSED ON ADVANCING THE AGBIOSCIENCES SECTOR AS A NATIONALLY RECOGNIZED LEADER THROUGH EDUCATION, RESEARCH AND TALENT DEVELOPMENT; STRATEGIC COLLABORATIONS AMONG CORPORATIONS, INDUSTRY ASSOCIATIONS, GOVERNMENT AND UNIVERSITIES; THE CREATION AND SUPPORT OF NEW COMPANIES; AND BRANDING AND TARGETED PROMOTIONS TO ELEVATE THE SECTOR. AGRINOVUS INDIANA'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.AGRINOVUSINDIANA.COM.AGRINOVUS TOOK A JOURNEY TO THE FUTURE IN 2024 WITH THE RELEASE OF NEW RESEARCH TITLED ACCELERATE 2050: A VISION FOR INDIANA AGBIOSCIENCE. CONDUCTED BY RTI INTERNATIONAL, THE STUDY IDENTIFIED THE STATE'S RELATIVE ECONOMIC PERFORMANCE ACROSS THE SECTOR AND DEFINED PRIORITY OPPORTUNITIES TO POSITION INDIANA'S AGBIOSCIENCE ECONOMY FOR DIFFERENTIATED GROWTH AMID FUTURE UNCERTAINTY. THESE OPPORTUNITIES INCLUDE FARMER-FOCUSED INNOVATION, FOOD IS HEALTH, AND BIOINNOVATION. THE FIELD ATLAS ONLINE PLATFORM IS AUGMENTED BY PART-TIME STUDENT EMPLOYEES THAT CHAMPION THE AGBIOSCIENCE STORY ON THEIR INDIANA COLLEGE CAMPUS, SURROUNDING COLLEGES AND HIGH SCHOOLS. THIS PAID PROFESSIONAL DEVELOPMENT EXPERIENCE IS A PART-TIME REMOTE INTERNSHIP. AGRINOVUS WELCOMED 15 AMBASSADORS REPRESENTING DIVERSITY FROM CAMPUSES ACROSS THE STATE IN 2024. BIOCROSSROADS, IS INDIANA'S LIFE SCIENCES INITIATIVE THAT FOSTERS PUBLIC-PRIVATE COLLABORATION BY UNITING A DIVERSE RANGE OF ACADEMIC, INDUSTRY, AND PHILANTHROPIC STAKEHOLDERS, ALL COLLECTIVELY FOCUSED ON ADVANCING INDIANA'S LIFE SCIENCES SECTOR. COMMITTED TO SUPPORTING THE GROWTH OF CAPITAL INVESTMENTS AND TALENT DEVELOPMENT, BIOCROSSROADS PROVIDES SUPPORT TO BOTH EXISTING AND NEW LIFE SCIENCES ENTERPRISES, INCLUDING THE INDIANA HEALTH INFORMATION EXCHANGE, ORTHOWORX, AND THE INDIANA BIOSCIENCES RESEARCH INSTITUTE. BIOCROSSROADS' CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.BIOCROSSROADS.COM. INDIANA'S LIFE SCIENCES SECTOR THRIVES ON THE STRENGTH OF ITS WORKFORCE, AND IN 2024, BIOCROSSROADS HELPED SHAPE NEW PATHWAYS TO MEET THE STATE'S GROWING TALENT NEEDS, LINKING EDUCATION WITH INDUSTRY PRIORITIES IN MEANINGFUL WAYS. THROUGH INNOVATIVE INITIATIVES LIKE HEARTLAND BIOWORKS BIO TRAIN AND THE INDIANA CAREER APPRENTICESHIP PATHWAY, BIOCROSSROADS FORGED CRITICAL CONNECTIONS BETWEEN INDUSTRY AND EDUCATION. WITH HANDS-ON TRAINING, EXPANDED PIPELINES, AND KEY EVENTS LIKE CICP'S SEE YOURSELF IN SUMMIT, BIOCROSSROADS IS SHAPING A COMPETITIVE AND FUTURE-READY LIFE SCIENCES INDUSTRY IN INDIANA. BIOCROSSROADS' DYNAMIC EDUCATIONAL SERIES SERVED AS A PLATFORM IN 2024 TO FOSTER COLLABORATION, INNOVATION, AND GROWTH WITHIN INDIANA'S LIFE SCIENCES ECOSYSTEM, ATTRACTING A TOTAL AUDIENCE OF -500 ATTENDEES COLLECTIVELY. FEATURING THOUGHT LEADERS FROM ACROSS THE STATE, THESE EVENTS SPOTLIGHTED INDIANA'S LEADERSHIP IN STRATEGIC AREAS SUCH AS LIFE SCIENCES MANUFACTURING, WORKFORCE DEVELOPMENT, AND NUCLEAR MEDICINE, AS WELL AS THE STRENGTHS OF OUR UNIQUE REGIONAL LIFE SCIENCES HUBS.TECHPOINT IS THE NONPROFIT, INDUSTRY-LED GROWTH INITIATIVE FOR INDIANA'S DIGITAL INNOVATION ECONOMY AND OVERALL, TECH ECOSYSTEM FOCUSED ON EXPANDING THE TECH TALENT PIPELINE AND ELEVATING THE INDUSTRY BY ACTIVATING THE COMMUNITY AND AMPLIFYING STORIES OF SUCCESS IN COLLABORATION WITH PUBLIC, PRIVATE AND INDUSTRY PARTNERS. TECHPOINT'S CHARITABLE AND EDUCATIONAL ACTIVITIES ARE FUNDED THROUGH CICP FOUNDATION. VISIT WWW.TECHPOINT.COM. TECHPOINT CONTINUES TO ADVANCE THE COLLABORATIVE GOAL OF INCLUSIVELY ADDING 41,000 TECH WORKERS TO THE STATE BY 2030 VIA TECH POINT'S MISSION41 K EFFORT. WHILE COMPANIES AND ORGANIZATIONS ARE FACED WITH OPPORTUNITIES TO GAIN MORE PRODUCTIVITY, THE TALENT SKILLSETS AND ORGANIZATIONAL STRUCTURE REQUIRED ARE ALSO EVOLVING RAPIDLY. MORE THAN EVER, OUR TECH COMMUNITY NEEDS TO INVEST IN CATCHING TALENT IN THE EARLY STAGES OF THE TALENT PIPELINE AND IN UPSKILLING AND RESKILLING. TTECHPOINT PROVIDED OVER 250 WORK-BASED LEARNING OPPORTUNITIES IN 2024 ALONE, AND ENGAGED MORE THAN 400 TECH LEADERS IN MISSION41 K. CONTINUING TO DRIVE EMPLOYER ENGAGEMENT REMAINS A MUST-HAVE, NOT A NICETO-HAVE, FOR OUR STATE'S OVERALL TALENT DEVELOPMENT STRATEGY.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Chg Foundation (Chula Vista, CA), EIN 33-0586911. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.