2025-05-15T12:25:56+00:00 2024-06-30 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2023-07-01 310901001 Independent Colleges of Indiana Inc INDE 3172366090 601 South Meridian Street Suite 2A Indianapolis IN 46225 Dottie L King President/CEO 3172366090 2025-05-15 true true Nicole Fishback P01279475 3173834000 2025-05-15 2023 2025-03-06 01:10:19Z X Dottie L King 601 South Meridian Street Suite 2A Indianapolis IN 46225 64734560 false X www.icindiana.org X 1972 IN Further independent higher education. ICI operates as the collective voice for excellence and choice in higher education for all students. 42 41 14 0 0 0 23943538 23517484 252618 381194 1641912 2015195 0 0 25838068 25913873 20148548 22679231 498375 458208 1933808 1702565 0 0 159074 1109010 1171648 23689741 26011652 2148327 -97779 93040434 95063990 706939 893356 92333495 94170634 X The Independent Colleges of Indiana (ICI) develops and enhances the competitive standing of its 29 member independent, nonprofit, regionally-accredited, degree-granting colleges and universities and strives to assure opportunity and choice in higher education for all students. (Continued on Schedule O) false false 21412193 20122792 0 The Lilly Endowment Community Scholarship Program (LECSP) helps to raise the level of educational attainment in Indiana and to leverage further the ability of Indiana's Community Foundations to enhance the quality of life of the state's residents by awarding full-tuition scholarships to students from each county in Indiana. These scholarships are awarded through and administered by the network of community foundations throughout the state. 1601662 1179944 0 Indiana STEM Teach is a grant from the state of IN to raise the knowledge base of STEM (science, tech, engineering, and math) teachers in the k-12 schools. ICI member campuses provide tuition free courses to further educate teachers on STEM content and instructional methods. 1470722 1376496 381194 To advance the cause of and support independent higher education in Indiana for 29 member colleges through fundraising, meetings to discuss common issues, carrying on basic research, and other incidental activities. 56353 0 0 Indiana Academy Program furthers the development of business, public service, higher education, the arts and sciences, literature, and the general culture of the state through recognition of individual leadership, achievement, and philanthropy designed to promote these ends. 56353 24540930 true true false true false false false false true true false false false true true false true false false false false false false false false false true true true false false false false false false false false false false false false true true false false false true 70 0 true 14 true false false false false false false false false false false false false X 42 41 false false false false false false false true true false false true true true true true true true true false IN X KEVIN WATSON 3172366090 601 South Meridian Street Suite 2A INDIANAPOLIS IN 46225 Dr Amy McCormack Director 1.0 40.0 X X 0 257675 15078 Dr Anne Houtman Chair 1.0 40.0 X X 0 277925 54972 Dr Dottie King President/Secretary 40.0 0.0 X X 126423 0 12642 Dr Karl W Einolf Vice Chair 1.0 40.0 X X 0 533390 143338 Mr Kerry Prather Treasurer 1.0 40.0 X X 0 344963 59763 Dr Andrew Flamm Director 1.0 40.0 X 0 245093 24802 Dr Barbara Bellefeuille Director 1.0 40.0 X 0 243585 0 Dr Christopher Pietruszkiewicz JD Director 1.0 40.0 X 0 366021 159527 Dr D Michael Lindsay Director 1.0 40.0 X 0 575721 78462 Dr David McFadden Director 1.0 40.0 X 0 301372 38348 Dr Earl D Brooks II Director 1.0 40.0 X 0 754771 58798 Dr John Shannon Director 1.0 40.0 X 0 263175 47049 Dr Jonathan S Kulaga Director 1.0 40.0 X 0 327158 66034 Dr Lake Lambert Director 1.0 40.0 X 0 304209 54282 Dr Lance Richey Director 1.0 40.0 X 0 258161 27177 Dr Lori White Director 1.0 40.0 X 0 647633 153773 Dr Marco Clark Director 1.0 40.0 X 0 273637 29685 Dr Rebecca Stoltzfus Director 1.0 40.0 X 0 256337 43580 Dr Ron Dempsey Director 1.0 40.0 X 0 239562 29536 Dr Scott Feller Director 1.0 40.0 X 0 544213 47043 Dr Sean Huddleston Director 1.0 40.0 X 0 220825 0 Dr Sheila Conboy Director 1.0 40.0 X 0 437300 56158 Dr Sherilyn Emberton Director 1.0 40.0 X 0 236676 81182 Dr Stacy Young Director 1.0 40.0 X 0 181649 18331 Dr Tanuja Singh Director 1.0 40.0 X 0 313073 119257 John Pistole JD Director 1.0 40.0 X 0 211475 49419 Mr Daniel Elsener Director 1.0 40.0 X 0 885329 59057 Mr James Danko Director 1.0 40.0 X 0 934831 64768 Mr Jose D Padilla JD Director 1.0 40.0 X 0 467515 64755 Mr Paul Perkins Director 1.0 40.0 X 0 0 0 Mr Robert A Coons Director 1.0 40.0 X 0 589049 97536 Ms Elaine Bedel Director 1.0 40.0 X 0 0 0 Rep Brad Barrett Director 1.0 40.0 X 0 0 0 Rep Craig Snow Director 1.0 40.0 X 0 0 0 Rep Gregory Porter Director 1.0 40.0 X 0 0 0 Rep Phil Giaquinta Director 1.0 40.0 X 0 0 0 Rev John I Jenkins SCS Director 1.0 40.0 X 0 1582760 100262 Sen Andrea Hunley Director 1.0 40.0 X 0 0 0 Sen Edward Charbonneau Director 1.0 40.0 X 0 0 0 Sen Fady Qaddoura Director 1.0 40.0 X 0 0 0 Sen Jeff Raatz Director 1.0 40.0 X 0 0 0 Sen Linda Rogers Director 1.0 40.0 X 0 0 0 Dr Jodie Ferise End 021524 Vice President and General Counsel 40.0 0.0 X 166500 0 16650 Ms Laura Bridges VP and Chief Operating Officer 40.0 0.0 X 166500 0 16650 459423 13075083 1887914 3 false true false 0 1309991 2765989 19441504 23517484 C.S.I Income 611710 309524 309524 Miscellaneous Revenue 900099 71670 71670 0 0 0 0 381194 1840591 1840591 0 0 38995291 38820687 174604 0 174604 174604 0 0 0 0 0 25913873 381194 0 2015195 1055500 1055500 21623731 21623731 0 0 458208 458208 505365 232789 241756 30820 891839 410812 426638 54389 95083 43798 45485 5800 127887 58909 61179 7799 82391 37952 39414 5025 94850 66476 25537 2837 49500 34692 13327 1481 66150 59535 6615 86689 73695 12994 48221 20857 23328 4036 33212 2956 27230 3026 57269 23154 30703 3412 34674 12973 19531 2170 118164 39577 70728 7859 87881 34018 48477 5386 51990 15684 32675 3631 38144 12775 22832 2537 22192 7433 13283 1476 Other Program Expenses 329476 248765 72640 8071 Dues and Subscriptions 39676 13289 23748 2639 Miscellaneous Expense 13560 12887 608 65 0 0 0 0 26011652 24540930 1311648 159074 41682 231165 12454996 6778770 0 0 0 0 38252 137239 432194 394783 75555 37411 80303954 87861147 0 0 125995 18258 93040434 95063990 436224 426564 143765 448356 0 0 126950 18436 706939 893356 X 3915045 4350535 88418450 89820099 92333495 94170634 93040434 95063990 -97779 1934918 0 X false true X true false X X 29 Anderson University 350867954 2 true 8328 0 Bethel College 350935587 2 true 8328 0 Butler University 350867977 2 true 8328 0 Calumet College of St Joseph 351087173 2 true 12571 0 Depauw University 350869045 2 true 8328 0 Earlham College 350868073 2 true 8328 0 Franklin College of Indiana 350868086 2 true 21427 0 Goshen College 352158366 2 true 27804 0 Grace College 350868095 2 true 8328 0 Hanover College 350868096 2 true 8328 0 Holy Cross College 351148835 2 true 8328 0 Huntington University 350868101 2 true 8328 0 Indiana Institute of Technology 350845258 2 true 8328 0 Indiana Wesleyan University 350885591 2 true 8328 0 Manchester University 350868127 2 true 8328 0 Marian University 350868175 2 true 49731 0 Martin University 310970262 2 true 8328 0 Oakland City University 350869093 2 true 8328 0 Rose-Hulman Institute of Technology 350868149 2 true 67023 0 Saint Mary-Of-The-Woods College 351065063 2 true 8328 0 Saint Mary's College 350868158 2 true 24358 0 Taylor University 350868181 2 true 8328 0 Trine University 350715530 2 true 8328 0 University of Evansville 350868074 2 true 10827 0 University of Indianapolis 350868107 2 true 8328 0 University of Notre Dame 350868188 2 true 8328 0 University of Saint Francis 350886846 2 true 8328 0 Valparaiso University 350868125 2 true 8328 0 Wabash College 350868202 2 true 69579 0 29 458208 0 true false false false false false false false false false false false false false false false false Schedule A, Part IV, Section B, Line 1 Power to elect or appoint The President of each supported organization is a member of the board of ICI. The supported organizations hold a total of 29 board positions. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 66150 false false 66150 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY ICI has hired Barnes and Thornburg to assist in developing effective legislative strategies, monitoring legislation relative to ICI's interests, drafting of legislation as required, and assisting with preparation of all filings to be in compliance with lobbying laws. 1104340 100000 153647 1357987 1236674 147670 280004 1104340 1330160 100000 -193486 1236674 1020108 310054 2 1330160 1607833 30955 116467 500000 2213 1020108 1.0 0.0 0.0 false false 190045 190045 0 242149 204738 37411 37411 Operating Lease 18436 18436 X 27390583 2109522 0 2109522 25281061 458208 458208 25739269 25553444 0 0 25553444 458208 458208 26011652 Schedule D, Part V, Line 4 Intended uses of endowment funds The endowment fund is used to support scholarships and general operation. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements DISTRIBUTED TO MEMBER COLLEGES - 458208 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements DISTRIBUTED TO MEMBER COLLEGES - 458208 true Adams County Community Foundation Inc 102 North 2nd Street Decatur IN 46733 351834664 501(C) (3) 6500 General Support Benton Community Foundation 260074023 501(C) (3) 6500 General Support Blackford County Community Foundation 351792844 501(C) (3) 6500 General Support Blue River Foundation Inc 351756331 501(C) (3) 6500 General Support Brown County Community Foundation 351960379 501(C) (3) 6500 General Support Cass County Community Foundation 352125727 501(C) (3) 6500 General Support Central Indiana Community Foundation 351793680 501(C) (3) 104000 General Support Community Foundation Alliance 351830262 501(C) (3) 78000 General Support Community Foundation of Bloomington and Monroe County Inc 351811149 501(C) (3) 13000 General Support Community Foundation of Boone County 351829585 501(C) (3) 13000 General Support Community Foundation of Crawford County 200864966 501(C) (3) 6500 General Support Community Foundation of Grant County 311117791 501(C) (3) 13000 General Support Community Foundation of Greater Fort Wayne 351119450 501(C) (3) 32500 General Support Community Foundation of Howard County 351844891 501(C) (3) 26000 General Support Community Foundation of Jackson County Inc 311119856 501(C) (3) 6500 General Support Community Foundation of Madison and Jefferson County Inc 351847297 501(C) (3) 6500 General Support Community Foundation of Morgan County Inc 351956929 501(C) (3) 13000 General Support Community Foundation of Muncie and Delaware County 351640051 501(C) (3) 13000 General Support Community Foundation of Randolph County 351903148 501(C) (3) 6500 General Support Community Foundation of Southern Indiana Inc 351827813 501(C) (3) 26000 General Support Community Foundation of St Joseph County Inc 237365930 501(C) (3) 26000 General Support Dearborn Community Foundation 352036110 501(C) (3) 13000 General Support Decatur County Community Foundation Inc 351870979 501(C) (3) 6500 General Support DeKalb County Community Foundation Inc 351992897 501(C) (3) 6500 General Support Dubois County Community Foundation Inc 351990305 501(C) (3) 6500 General Support Elkhart County Community Foundation 311255886 501(C) (3) 19500 General Support Fayette County Foundation 352232770 501(C) (3) 6500 General Support Franklin County Community Foundation 352034336 501(C) (3) 6500 General Support Community Foundation of Greater Lafayette 237147996 501(C) (3) 26000 General Support Greene County Community Foundation 351815060 501(C) (3) 6500 General Support Community Foundation of Hancock County 351837729 501(C) (3) 13000 General Support Hendricks County Community Foundation Inc 351878973 501(C) (3) 19500 General Support Henry County Community Foundation Inc 311170412 501(C) (3) 6500 General Support Heritage Fund of Bartholomew County Inc 352135816 501(C) (3) 13000 General Support Huntington County Community Foundation 351838709 501(C) (3) 6500 General Support Jasper Newton Foundation Inc 351842404 501(C) (3) 13000 General Support Jennings County Community Foundation Inc 351922885 501(C) (3) 6500 General Support Johnson County Community Foundation Inc 351797437 501(C) (3) 19500 General Support Kosciusko County Community Foundation Inc 356086777 501(C) (3) 13000 General Support LaGrange County Community Foundation Inc 351834679 501(C) (3) 6500 General Support Community Foundation Partnership Inc 351889139 501(C) (3) 13000 General Support Legacy Foundation Inc 351872803 501(C) (3) 39000 General Support Madison County Community Foundation Inc 351859959 501(C) (3) 13000 General Support Marshall County Community Foundation Inc 351826870 501(C) (3) 6500 General Support Montgomery County Community Foundation Inc 351912317 501(C) (3) 6500 General Support Community Foundation of Noble County 351827247 501(C) (3) 6500 General Support Northern Indiana Community Foundation Inc 351912317 501(C) (3) 19500 General Support Ohio County Community Foundation Inc 352038531 501(C) (3) 6500 General Support Orange County Community Foundation 352117084 501(C) (3) 6500 General Support Owen County Community Foundation Inc 351934464 501(C) (3) 6500 General Support Parke County Community Foundation Inc 351881810 501(C) (3) 6500 General Support Porter County Community Foundation 352000788 501(C) (3) 19500 General Support Portland Foundation 352019497 501(C) (3) 6500 General Support Community Foundation of Pulaski County Inc 352127564 501(C) (3) 6500 General Support Putnam County Community Foundation 311159916 501(C) (3) 6500 General Support Ripley County Community Foundation Inc 352048001 501(C) (3) 6500 General Support Rush County Community Foundation Inc 351835950 501(C) (3) 6500 General Support Scott County Community Foundation 352041369 501(C) (3) 6500 General Support Steuben County Community Foundation Inc 351857065 501(C) (3) 6500 General Support Community Foundation of Switzerland County 352087649 501(C) (3) 6500 General Support Tipton County Foundation Inc 351878973 501(C) (3) 6500 General Support Union County Foundation Inc 351769294 501(C) (3) 6500 General Support Unity Foundation of LaPorte County Inc 351658674 501(C) (3) 13000 General Support Wabash Valley Community Foundation Inc 356019016 501(C) (3) 26000 General Support Warren County Community Foundation Inc 352070789 501(C) (3) 6500 General Support Washington County Community Foundation Inc 351883377 501(C) (3) 6500 General Support Wayne County Foundation Inc 351046033 501(C) (3) 13000 General Support Wells County Foundation Inc 356042815 501(C) (3) 6500 General Support Western Indiana Community Foundation 351814927 501(C) (3) 13000 General Support Community Foundation of Whitley County 351860518 501(C) (3) 6500 General Support Harrison County Community Foundation 351986569 501(C) (3) 6500 General Support Franklin College of Indiana 350868086 501(C) (3) 25000 Ball Venture Fund 2024 Rose-Hulman Institute of Technology 350868149 501(C) (3) 14000 Ball Venture Fund 2024 Saint Mary's College 350868158 501(C) (3) 20000 Ball Venture Fund 2024 Trine University 350715530 501(C) (3) 20500 Ball Venture Fund 2024 University of Evansville 350868074 501(C) (3) 20500 Ball Venture Fund 2024 76 0 Lilly Endowment Community Scholarship Program 567 19167291 UPS Grant 29 91200 Realizing the Dream Scholarship 58 163296 STEM Teach Indiana 399 1179944 IEDC Engineering 99 686000 IEDC Nursing 116 336000 Schedule I, Part I SUPPLEMENTAL GRANT INFORMATION INDEPENDENT COLLEGES OF INDIANA, INC. ADMINISTERS A GRANT FROM LILLY ENDOWMENT INC. FOR SELECTED FIRST GENERATION INDIANA COLLEGE STUDENTS, ONE FROM EACH INDEPENDENT COLLEGE CAMPUS. GRANTS OF $4,000 EACH ARE MADE TO THESE STUDENTS WHO ARE THE FIRST IN THEIR FAMILIES TO GO TO COLLEGE. ADMINISTRATIVE EXPENSES ARE ALSO PAID OUT OF THE GRANT EXPENSE. INDEPENDENT COLLEGES OF INDIANA, INC. ADMINISTERS PROGRAM FUNDS FROM VARIOUS FUNDING SOURCES FOR VARIOUS EDUCATIONAL PURPOSES. THESE FUNDS ARE ADMINISTERED ACCORDING TO SPECIFIC GUIDELINES PROVIDED BY THE FUNDING SOURCES IN THE FUNDING AGREEMENTS ASSOCIATED WITH EACH PROGRAM. THE LILLY ENDOWMENT COMMUNITY SCHOLARSHIP PROGRAM (LECSP) HELPS TO RAISE THE LEVEL OF EDUCATIONAL ATTAINMENT IN INDIANA AND TO LEVERAGE FURTHER THE ABILITY OF INDIANA'S COMMUNITY FOUNDATIONS TO ENHANCE THE QUALITY OF LIFE OF THE STATE'S RESIDENTS BY AWARDING FULL TUITION SCHOLARSHIPS TO STUDENTS FROM EACH COUNTY IN INDIANA. THESE SCHOLARSHIPS ARE AWARDED THROUGH AND ADMINISTERED BY THE NETWORK OF COMMUNITY FOUNDATIONS THROUGHOUT THE STATE. Schedule I, Part III Realizing the Dream Scholarship includes a recognition dinner totaling $26,296. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grants are awarded to each community foundation. Each community foundation provides an annual report on how the grant was spent. The grants are used to administer and promote higher education in the county. X true true X X X X false false false false false false false false false Dr Amy McCormack Director 0 234711 0 0 0 22964 0 15078 0 0 0 272753 0 0 Dr Anne Houtman Chair 0 277925 0 0 0 0 0 54567 0 405 0 332897 0 0 Dr Karl W Einolf Vice Chair 0 416459 0 69357 0 47574 0 97387 0 45951 0 676728 0 0 Mr Kerry Prather Treasurer 0 304460 0 27000 0 13503 0 33000 0 26763 0 404726 0 0 Dr Andrew Flamm Director 0 220547 0 18927 0 5619 0 24802 0 0 0 269895 0 0 Dr Barbara Bellefeuille Director 0 243585 0 0 0 0 0 0 0 0 0 243585 0 0 Dr Christopher Pietruszkiewicz JD Director 0 293699 0 25000 0 47322 0 134433 0 25094 0 525548 0 0 Dr D Michael Lindsay Director 0 373023 0 200000 0 2698 0 23100 0 55362 0 654183 0 0 Dr David McFadden Director 0 148518 0 80495 0 72359 0 15976 0 22372 0 339720 0 0 Dr Earl D Brooks II Director 0 361498 0 355170 0 38103 0 52106 0 6692 0 813569 0 0 John Pistole JD Director 0 209951 0 0 0 1524 0 22500 0 26919 0 260894 0 0 Dr John Shannon Director 0 262581 0 0 0 594 0 25930 0 21119 0 310224 0 0 Dr Jonathan S Kulaga Director 0 327158 0 0 0 0 0 18180 0 47854 0 393192 0 0 Dr Lake Lambert Director 0 303631 0 0 0 578 0 24400 0 29882 0 358491 0 0 Dr Lori White Director 0 498036 0 70000 0 79597 0 101400 0 52373 0 801406 0 0 Dr Marco Clark Director 0 273637 0 0 0 0 0 7789 0 21896 0 303322 0 0 Dr Rebecca Stoltzfus Director 0 256075 0 0 0 262 0 26789 0 16791 0 299917 0 0 Dr Ron Dempsey Director 0 239562 0 0 0 0 0 26000 0 3536 0 269098 0 0 Dr Scott Feller Director 0 489213 0 55000 0 0 0 30500 0 16543 0 591256 0 0 Dr Sean Huddleston Director 0 219787 0 0 0 1038 0 0 0 0 0 220825 0 0 Dr Sheila Conboy Director 0 437300 0 0 0 0 0 56158 0 0 0 493458 0 0 Dr Sherilyn Emberton Director 0 231577 0 0 0 5099 0 46750 0 34432 0 317858 0 0 Dr Stacy Young Director 0 181556 0 0 0 93 0 0 0 18331 0 199980 0 0 Dr Tanuja Singh Director 0 313073 0 0 0 0 0 59396 0 59861 0 432330 0 0 Mr Daniel Elsener Director 0 493943 0 75000 0 316386 0 58059 0 998 0 944386 0 303804 Mr James Danko Director 0 600000 0 215000 0 119831 0 56041 0 8727 0 999599 0 0 Mr Jose D Padilla JD Director 0 460015 0 0 0 7500 0 19800 0 44955 0 532270 0 0 Mr Robert A Coons Director 0 589049 0 0 0 0 0 54400 0 43136 0 686585 0 0 Dr Lance Richey Director 0 258161 0 0 0 0 0 18809 0 8368 0 285338 0 0 Rev John I Jenkins SCS Director 0 1424110 0 0 0 158650 0 0 0 100262 0 1683022 0 0 Dr Jodie Ferise End 021524 Vice President and General Counsel 151809 0 5000 0 9691 0 16650 0 0 0 183150 0 0 0 Ms Laura Bridges VP and Chief Operating Officer 151163 0 5000 0 10337 0 16650 0 0 0 183150 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees ICI President had access to a social club to have private meetings and host visitors when they visited Indianapolis. This was not treated as taxable income since it was only used for business. Form 990, Part III, Line 1 ORGANIZATION'S MISSION The main purposes and activities of ICI are: - To assist member institutions with information, staff expertise and other appropriate resources, including the administration of grants for the collective benefit of members colleges; - To provide collective information about independent higher education in Indiana to public and private bodies as appropriate; - To represent the interests of the independent college sector to the media, the general public and other audiences; - To negotiate or provide a variety of collective services for member institutions in an effort to realize efficiencies of scale to reduce costs; - TO COLLECT, ANALYZE, INTERPRET, AND PROVIDE BASIC INFORMATION ABOUT THE MEMBER COLLEGES INDIVIDUAL AND COLLECTIVELY AS AN AID IN THEIR INSTITUTIONAL PLANNING; AND - TO SOLICIT AND RECEIVE GIFTS FROM CORPORATIONS AND FOUNDATIONS, WHICH THEN ARE DISTRIBUTED AMONG THE MEMBER INSTITUTIONS FOR EDUCATIONAL PURPOSES. Form 990, Part III, Line 4d Description of other program services (Expenses $ 56,353 including grants of $ 0)(Revenue $ 0) Indiana Academy Program furthers the development of business, public service, higher education, the arts and sciences, literature, and the general culture of the state through recognition of individual leadership, achievement, and philanthropy designed to promote these ends. Form 990, Part VI, Line 11b Review of form 990 by governing body ICI's Board of Directors has formally delegated authority for the review of its Form 990 to the ICI Audit Committee after the same is preliminarily reviewed by the organization's executive leadership. A full copy of the Form 990 is provided to the board before it is filed. In addition, ICI's outside accounting firm prepare and review the Form 990 before filing. Form 990, Part VI, Line 12c Conflict of interest policy The organization has adopted a conflict of interest policy that requires directors, officers, and key employees to submit an annual conflict of interest disclosure. The annual disclosure requires directors, officers, and key employees to disclose, in writing, any known financial interest that the individual (together with family members) has in any business entity that transacts business with the organization. In addition, directors, officers, and key employees are required to immediately disclose any possible conflicts of interest that arise mid-year in relation to a proposed transaction. The conflict of interest policy requires that any individual with a conflict be recused from the decision-making process, that independent directors or committee members determine that the proposed transaction is in the best interest of the organization, and the transaction must be approved by a vote of the independent directors or committee members without the participation of any interested individual. Form 990, Part VI, Line 15a Process to establish compensation of top management official The executive committee determines the compensation of the CEO. This committee is composed of disinterested board members, and they rely upon comparability data regarding similarly situated individuals at peer organizations when setting the proposed compensation terms. This process ensures that all compensation arrangements with related parties are evaluated and entered into at arms' length that any compensation that is paid to a related party is reasonable and reflects fair market value. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE COMPENSATION OF THE OTHER EMPLOYEES ARE RATIFIED AND APPROVED BY THE EXECUTIVE COMMITTEE BASED ON THE CEO'S RECOMMENDATION. THE LAST COMPENSATION REVIEWS WERE CONDUCTED IN 2024. Form 990, Part VI, Line 19 Required documents available to the public The organization makes its governing documents and financial statements available to all donors and available upon request to all other related organizations. Form 990, Part VII, Section A Compensation from Related Organizations: ICI IS REPORTING IN COLUMNS (E) AND (F) REPORTABLE COMPENSATION RECEIVED BY ITS DIRECTORS AND OFFICERS FROM THEIR OWN COLLEGES AND UNIVERSITIES, WHICH ARE RELATED ORGANIZATIONS. THE DIRECTORS AND OFFICERS DID NOT RECEIVE COMPENSATION FROM ICI FOR THEIR SERVICE AS OFFICERS OR DIRECTORS OF ICI. THE DIRECTORS AND OFFICERS WORK 40 OR MORE HOURS FOR THEIR RESPECTIVE COLLEGES AND UNIVERSITIES. Blue Frontier LLC 601 South Meridian Street Suite 2a Indianapolis IN 46225 Education IN 0 0 NA Anderson University 100 E Fifth St Anderson IN 46012 350867954 Education IN 501(c)(3) 2 NA false Bethel College 1001 Bethel Circle Mishawaka IN 46545 350935587 Education IN 501(c)(3) 2 NA false Butler University 4600 Sunset Ave Indianapolis IN 46208 350867977 Education IN 501(c)(3) 2 NA false Calumet College of St Joseph 2400 New York Ave Whiting IN 46394 351087173 Education IN 501(c)(3) 2 NA false Depauw University 313 S Locust St Greencastle IN 46135 350869045 Education IN 501(c)(3) 2 NA false Earlham College 801 National Road West Richmond IN 47374 350868073 Education IN 501(c)(3) 2 NA false Franklin College of Indiana 101 Branigin Blvd Franklin IN 46131 350868086 Education IN 501(c)(3) 2 NA false Goshen College 1700 S Main St Goshen IN 46526 351258366 Education IN 501(c)(3) 2 NA false Grace College 200 Seminary Drive Winona Lake IN IN 46590 350868095 Education IN 501(c)(3) 2 NA false Hanover College 495 College Ave Hanover IN 47243 350868096 Education IN 501(c)(3) 2 NA false Holy Cross College 54515 St Road 933 PO Box Notre Dame IN 46556 351148835 Education IN 501(c)(3) 2 NA false Huntington University 2303 College Ave Huntington IN 46750 350868101 Education IN 501(c)(3) 2 NA false Indiana Institute of Technology 1600 E Washington Blvd Ft Wayne IN 46803 350845258 Education IN 501(c)(3) 2 NA false Indiana Wesleyan University 4201 S Washington St Marion IN 46953 350885591 Education IN 501(c)(3) 2 NA false Manchester University 604 E College Ave North Manchester IN 46962 350868127 Education IN 501(c)(3) 2 NA false Marian University 3200 Cold Spring Rd Indianapolis IN 46222 350868175 Education IN 501(c)(3) 2 NA false Martin University 2171 Avondale Palace PO Box 1 Indianapolis IN 46218 350868175 Education IN 501(c)(3) 2 NA false Oakland City University 138 N Lucretia St Oakland City IN 47660 350869093 Education IN 501(c)(3) 2 NA false Rose-Hulman Institute of Technology 5500 Wabash Ave Terre Haute IN 47803 350868149 Education IN 501(c)(3) 2 NA false Saint Mary-Of-The-Woods College Saint Mary-Of-The-Woods St MaryOfTheWoods IN 47876 351065063 Education IN 501(c)(3) 2 NA false Saint Mary's College Notre Dame Notre Dame IN 46556 350868158 Education IN 501(c)(3) 2 NA false Taylor University 236 West Reade Ave Upland IN 46989 350868181 Education IN 501(c)(3) 2 NA false Trine University One University Ave Angola IN 46703 350715530 Education IN 501(c)(3) 2 NA false University of Evansville 1800 Lincoln Ave Evansville IN 47722 350868074 Education IN 501(c)(3) 2 NA false University of Indianapolis 1400 E Hanna Ave Indianapolis IN 46227 350868107 Education IN 501(c)(3) 2 NA false University of Notre Dame Notre Dame Notre Dame IN 46556 350868188 Education IN 501(c)(3) 2 NA false University of Saint Francis 2701 Spring St Fort Wayne IN 46808 350886846 Education IN 501(c)(3) 2 NA false Valparaiso University 1700 Chapel Dr Valparaiso IN 46383 350868125 Education IN 501(c)(3) 2 NA false Wabash College PO Box 352 Crawfordsville IN 47933 350868202 Education IN 501(c)(3) 2 NA false false true false false false false false false false false false false false false false false false false