IRS Form 990
1st Source Bank Foundation Inc
EIN 35-6034211South Bend, IN
Form 990PF
- Total Revenue
- $3M
- Total Expenses
- $2.3M
- Net Assets
- $33.6M
- Grants Paid
- $2M
About the foundation
1st Source Bank Foundation Inc is based in South Bend, IN and has been recognized as tax-exempt by the IRS since 1954.
PO BOX 1602
South Bend, IN 46634-1602
Organization details from public IRS records; address may be a mailing address.
- Organization type
- Private foundation
- IRS recognition
- Since 1954
- Tax-exempt status
- 501(c)(3)
- Filing history available
- 10 years · 2011–2023
| Year | Net assets | Grants paid |
|---|---|---|
| 2011 | 9027643 | 816632 |
| 2012 | 9232916 | 854538 |
| 2013 | 8783435 | 1072128 |
| 2014 | 10531617 | 1105123 |
| 2015 | 16698545 | 1406844 |
| 2019 | 29090432 | 1724844 |
| 2020 | 29771285 | 1807976 |
| 2021 | 32972907 | 1981900 |
| 2022 | 32901547 | 2203696 |
| 2023 | 33597071 | 2043188 |
Financial history
| Year | Revenue | Expenses | Net assets |
|---|---|---|---|
| 2023 | 2976578 | 2291798 | 33597071 |
| 2022 | 2334993 | 2406487 | 32901547 |
| 2021 | 5399779 | 2189584 | 32972907 |
| 2020 | 2687641 | 1981961 | 29771285 |
| 2019 | 1534350 | 1877655 | 29090432 |
| 2015 | 7065210 | 1568039 | 16698545 |
| 2014 | 2962068 | 1215437 | 10531617 |
| 2013 | 716273 | 1199337 | 8783435 |
| 2012 | 1171088 | 934630 | 9232916 |
| 2011 | 159732 | 895508 | 9027643 |
Revenue breakdown · 2023
- Contributions
- 0
- Investment income
- 2938263
Grants Made
| Recipient | City / State | Purpose |
|---|
Tax year 2023
No itemized grants available
Recipient-level grant records aren’t available for this filing. This doesn’t necessarily mean no grants were made.
Another filing year may include these details.
Officers & Key Staff
| Name | Title | Hours / week |
|---|
Tax year 2023
No officer details available
Officer and key staff records aren’t available for this filing. This doesn’t mean the foundation has no staff.
Another filing year may include these details.