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EIN 35-6042373

The Cummins Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Columbus
State
Indiana
Year formed
1956
Most recent tax filings
2023-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Cummins Foundation is a corporate foundation based in Columbus, IN, that uses income from its income-producing assets to fund its initiatives. Last year, it made one grant.
Total revenues
$36,601,849
2023
Total expenses
$31,084,782
2023
Total assets
$66,154,868
2023
Num. employees
0
2023

Program areas at The Cummins Foundation

This income came from our income producing assets. We invested our excess of cash in income producing assets so we can use The income in future years. These are low risk assets and will be providing us with additional income for our future activities. We invested The excess of our cash in this type of low risk assets to preserve The Foundation's assets and be able to provide additional cash to our activities in future years and help The Foundation accomplish its purpose.

Personnel at The Cummins Foundation

NameTitleCompensation
Jim SchachtChief Executive Officer$0
Lyndsey TeetersTreasurer$0

Financials for The Cummins Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$34,278,025
Investment income and dividends$2,483,682
Net rental income$0
Net gain from sale of non-inventory assets$-162,651
Gross sales of inventory$0
Miscellaneous revenues$2,793
Total revenues$36,601,849

Form 990s for The Cummins Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990PFView PDF
2022-122023-11-14990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-15990PFView PDF
2019-122020-12-09990PFView PDF
...and 8 more Form 990s

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Data update history
August 20, 2024
Posted financials
Added Form 990PF for fiscal year 2023
August 11, 2024
Updated personnel
Identified 3 new personnel
January 24, 2024
Updated personnel
Identified 3 new personnel
January 23, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
Box 3005 M/C 60113
Columbus, IN 47202
Metro area
Columbus, IN
County
Bartholomew County, IN
Phone
(812) 327-9117
IRS details
EIN
35-6042373
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1956
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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