In 1936, a small group of alumni, friends, and members of the Indiana University community founded the IU Foundation to fulfill a dream of educational opportunity for all.
A not-for-profit corporation, IUF is dedicated to maximizing private sector support for IU. State appropriations provide less than one third of IU’s operating budget, so private gifts are vital to keeping an IU education both exceptional and affordable.
You will find essential information about IUF’s leaders, staff, and operations below.
IUF does exactly what you intend. We deposit 100% of your gift into one or more of the accounts established at IUF by IU’s president, provosts, chancellors, deans, department chairs, and program managers to hold their gift funds. We then confirm the designation in a thank-you receipt. The IU staff member in charge of the account submits a request for your gift. After ensuring that the request meets the account’s guidelines, IUF issues a check.
If you give an unrestricted gift, IU designates about two-thirds of the monies to developing student leaders, rewarding outstanding teaching and academic performance, recruiting faculty, and conducting events that showcase the university. The remainder of the unrestricted funds supports IUF communications and fundraising or, at IU’s request, important university initiatives in need of additional funding.
IUF’s operating budget has three sources: