Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1994.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
11 people listed on the 990; $89K paid to officers and key staff.
Rico Francis’s $89K as Bd. Mber, Social Impact Director (thru March 2025) is at the 22nd percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Rico Francis | $88,752 | $81,836 | $89,713 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Pacers Basketball Corp Foundation INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Raises funds for youth charities and programs across Indiana, inspired by Pacer basketball.
Questions for Pacers Basketball Corp Foundation INC
Your first name shows with your question. Pacers Basketball Corp Foundation INC answers here, for everyone.
Charitable donations are awarded to various 501(c)(3) groups that are committed to making a difference in the lives of indiana's youth by encouraging them to set personal goals and actualize their dreams.
Math hoops is a four-year initiative that aligns a statewide focus by education, business and civic leaders to strengthen access to quality stem education. Data shows persistent gaps in math proficiency, particularly for lower-income students, even as more careers demand greater mastery of stem subjects.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | FY25 | FY24 |
|---|---|---|
| End of yearLn 1g | $13.0M | $12.0M |
| Given inLn 1b | $12.0M | |
| SpentLn 1d–1f | $225K |
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $529K | $926K |
| InvestmentsLn 11–13 | $13.4M | $16.3M |
| Total assetsLn 16 | $14.4M | $17.9M |
| LiabilitiesLn 26 | $100K | $261K |
| Net assetsLn 32 | $14.3M | $17.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $659K | $659K | ||
| Grants to domestic individualsLn 2 | $10K | $10K | ||
| Pay of current officers, directors and key staffLn 5 | $63K | $25K | $13K | $25K |
| Other salaries and wagesLn 7 | $14K | $5K | $3K | $5K |
| Legal feesLn 11b | $5K | $5K | ||
| Accounting feesLn 11c | $16K | $16K | ||
| Investment management feesLn 11f | $21K | $21K | ||
| Other fees for servicesLn 11g | $26K | $26K | ||
| InsuranceLn 23 | $4K | $4K | ||
| Other expenses (24a–d)Ln 24 | $462K | $462K | ||
| All other expensesLn 24e | $689 | $689 | ||
| Total functional expensesLn 25 | $1.3M | $1.2M | $89K | $31K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 7, 2026 | $3.9M | $1.3M | $2.6M | $17.6M | 990 PDF |
| FY2024Filed with the IRS May 12, 2025 | $13.8M | $1.0M | $12.8M | $14.3M | 990 PDF |
| FY2023Filed with the IRS Apr 18, 2024 | $860K | $417K | $443K | $1.4M | 990 PDF |
| FY2022Filed with the IRS May 10, 2023 | $285K | $308K | −$22K | $931K | 990 PDF |
| FY2021Filed with the IRS May 13, 2022 | $190K | $245K | −$55K | $1.1M | 990 PDF |
| FY2020Filed with the IRS May 14, 2021 | $414K | $397K | $17K | $1.0M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $3,854,285 revenue, 12 lines filed
Part VI · Governance 3 of 10 board members independent, 4 to look at
Part VIII · Statement of revenue $3,854,285 across 7 lines filed
Part IX · Statement of functional expenses $1,281,352 across 11 lines filed
Part X · Balance sheet $17,861,636 assets, 14 lines filed
Part XI · Reconciliation of net assets $17,600,533 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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