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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Indianapolis Public Schools Education Foundation Inc.

Indianapolis Public Schools Education Foundation Inc.

Fiscal year ending 2025. Filed on November 13, 2025.

120 East Walnut Street 116
Indianapolis, Indiana 46204

Indianapolis Public Schools Education Foundation Inc. (EIN: 31-1103966), also known as Indianapolis Public Schools Foundation, has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2025 IRS Form 990 filing, Indianapolis Public Schools Education Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 5 total employees. Among the employees shown here, the average compensation is $168,228. The highest compensated employee at Indianapolis Public Schools Education Foundation Inc. is Stephannie Bailey with fiscal year 2025 compensation of $238,276.

Revenue, expenses, and employee compensation

Revenue

$9,373,189

Expenses

$5,282,356

Employee compensation

$737,099
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephannie Bailey
Chief Executive Officer
$238,276
$231,310 No related comp$6,966
Kelly Riley
Chief Growth Officer
$139,932
$120,974 No related comp$18,958
Aisha Goens
Chief Operating Officer
$126,477
$115,866 No related comp$10,611

Benchmark Employee Compensation

Non-Employee Board Members

Aaron Gillum
Member
Elizabeth Lerch
Member
Ginger Lippert
Vice Chair
Jonathan Coffington
Chair
Kevin Shelley
Secretary
Kirk Bevington
Member
Shaneka Pedersen
Member
Stephen Downing Jr
Member
Timothy Coleman
Treasurer

Contractors

Meticulous Design Architecture LLC
Lead Architect and Design for Crispus At
$378,152
Junior Achievement of Central Indiana
Ja Biztown Experience for 5Th Grade Stud
$116,940

Mission Statement

THE INDIANAPOLIS PUBLIC SCHOOLS FOUNDATION IS AN INDEPENDENT NON-PROFIT THAT SECURES PHILANTHROPIC SUPPORT TO ADVANCE THE STRATEGIC PRIORITIES OF THE INDIANAPOLIS PUBLIC SCHOOLS. WE SUPPORT IPS LEADERSHIP TO DEFINE PRIORITIES FOR PRIVATE INVESTMENT AND WORKS CLOSELY WITH COMMUNITY LEADERS AND PHILANTHROPIC CHAMPIONS TO RAISE MISSION-CRITICAL FUNDING THAT ENABLES IPS TO ACCELERATE PROGRESS.

Revisions to this organization profile

November 13, 2025:
2025 Indianapolis Public Schools Education Foundation Inc. 990 filed
November 14, 2024:
2024 Indianapolis Public Schools Education Foundation Inc. 990 filed
November 15, 2023:
2023 Indianapolis Public Schools Education Foundation Inc. 990 filed

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