FUNDING

In 2000, The Riley Foundation committed $1 million to create an endowment for the Institute. The Phil Hardin Foundation provided another $300,000 and local supporters $135,000. Earnings from the endowment provide an average of $45,000 per year in support for Institute operations.The Riley Foundation and The Phil Hardin Foundation also provided start-up funds. Since start-up funding concluded, the Institute has had to depend on self-generated funds and endowment earnings for operations.The Institute has leveraged these investments by a 12 to 1 ratio, helping communities, schools, community colleges, universities, and other partners attract grants and government contracts totaling $24,116,254.Of the $24.1 million, $3.9 million came to the Institute. Over the past decade, an average of 15% of these funds remained with the Institute for program management and administration. The remainder was disbursed to communities, schools, community colleges, and universities.

See below for a list of funding organizations, our most current audit, and our most current tax return.

Contributions

Most Current Audit

Most Current Tax Return