GrantAuthority

Cardinal Funds Inc

Grantmaking foundation in Muncie, Indiana · EIN 20-5733080

Total giving
$170KTax year 2025
Total assets
$2.9MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE MISSION OF CARDINAL FUNDS INC IS TO HOLD BALL STATE UNIVERSITY FOUNDATION SCHOLARSHIP FUNDS FOR CURRENT STUDENTS OR GRADUATES OF THE UNIVERSITY, INDIANA ACADEMY AND BURRIS LABORATORY SCHOOL AS WELL AS FUNDS FOR THE BENEFIT OF OTHER QUALIFIED EXEMPT ORGANIZATIONS THAT SERVE UNIVERSITY STUDENTS, ALUMNI, FACULTY AND STAFF.

Quoted from the foundation's IRS filing.

Giving by year

$110K2020
$100K2021
$94K2022
$140K2023
$110K2024
$170K2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Ball State University$94K2021

Amounts are rounded. The full grantee list is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.