1ST SOURCE BANK FOUNDATION INC

Cite this

Plain text 1ST SOURCE BANK FOUNDATION INC. furp.org, nonprofit organization profile, tax years 2019–2025. https://furp.org/org/1st-source-bank-foundation-inc-356034211. Retrieved 2026-11-01.

APA furp.org. (n.d.). 1ST SOURCE BANK FOUNDATION INC [Nonprofit organization profile; tax years 2019–2025]. Retrieved November 1, 2026, from https://furp.org/org/1st-source-bank-foundation-inc-356034211

MLA “1ST SOURCE BANK FOUNDATION INC.” furp.org, tax years 2019–2025, https://furp.org/org/1st-source-bank-foundation-inc-356034211. Accessed 1 Nov. 2026.

Retrieved 2026-11-01; covers tax years 2019–2025. Data: furp.org, CC BY 4.0.

2025 · Form 990PF · revenue $3.8M · expenses $2.5M · assets $36.5M

EIN
35-6034211
Address
PO BOX 1602, SOUTH BEND, IN 46634-1602
NTEE code
-
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
August 1954 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

4 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

NameLatest titleYearsLatest year payTotal pay from hereOrganizations
1st Source Bank Institution AGENT2019-2025 $172,735$1,010,331 51
Todd Schurz Board Member2022-2025 $5,000$20,000 1
John Affleck-Graves Board Member2019-2025 $2,500$17,500 3
Isaac Torres Board Member2022-2025 $5,000$10,000 1

Officers and directors, no compensation reported

9 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Christopher J Murphy III PRESIDENT2019-2025 0 $0 reported 5
Andrea Short VICE PRESIDENT2019-2025 0 $0 reported 1
Kevin Murphy TREASURER2019-2025 0 $0 reported 1
Ann Rathburn-Lacopo Secretary2022-2025 0 $0 reported 1
Ron Zeltwanger Board Member2019-2025 0 $0 reported 1
Christopher J Murphy (former) PRESIDENT2020-2021 1 $0 reported 1
James Seitz (former) DIRECTOR2019-2021 1 $0 reported 1
John Phair (former) DIRECTOR2019-2021 1 $0 reported 1
Rex Martin (former) DIRECTOR2019 1 $0 reported 3

People by year

2025 · 9 people listed · 4 paid, $185K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
1st Source Bank Institution AGENT0 $172,735-- $172,73551
Isaac Torres Board Member0 $5,000-- $5,0001
Todd Schurz Board Member0 $5,000-- $5,0001
John Affleck-Graves Board Member0 $2,500-- $2,5003
CHRISTOPHER J MURPHY III PRESIDENT0 $0-- $05
ANDREA SHORT VICE PRESIDENT0 $0-- $01
KEVIN MURPHY TREASURER0 $0-- $01
Ron Zeltwanger Board Member0 $0-- $01
Ann Rathburn-Lacopo Secretary0 $0-- $01
2024 · 9 people listed · 3 paid, $173K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
1st Source Bank Institution AGENT/TRUSTEE0 $162,956-- $162,95651
John Affleck-Graves Board Member0 $5,000-- $5,0003
Todd Schurz Board Member0 $5,000-- $5,0001
CHRISTOPHER J MURPHY III PRESIDENT0 $0-- $05
ANDREA SHORT VICE PRESIDENT0 $0-- $01
KEVIN MURPHY TREASURER0 $0-- $01
ANN RATHBURN-LACOPO SECRETARY0 $0-- $01
Isaac Torres Board Member0 $0-- $01
Ron Zeltwanger Board Member0 $0-- $01
2023 · 9 people listed · 4 paid, $159K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
1st Source Bank Institution AGENT/TRUSTEE0 $144,230-- $144,23051
John Affleck-Graves Board Member0 $5,000-- $5,0003
Isaac Torres Board Member0 $5,000-- $5,0001
Todd Schurz Board Member0 $5,000-- $5,0001
CHRISTOPHER J MURPHY III PRESIDENT0 $0-- $05
ANDREA SHORT VICE PRESIDENT0 $0-- $01
KEVIN MURPHY TREASURER0 $0-- $01
ANN RATHBURN-LACOPO SECRETARY0 $0-- $01
Ron Zeltwanger Board Member0 $0-- $01
2022 · 9 people listed · 3 paid, $125K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
1st Source Bank Institution AGENT/TRUSTEE0 $115,138-- $115,13851
John Affleck-Graves Board Member0 $5,000-- $5,0003
Todd Schurz Board Member0 $5,000-- $5,0001
CHRISTOPHER J MURPHY III PRESIDENT0 $0-- $05
ANDREA SHORT VICE PRESIDENT0 $0-- $01
KEVIN MURPHY TREASURER0 $0-- $01
ANN RATHBURN-LACOPO SECRETARY0 $0-- $01
Isaac Torres Board Member0 $0-- $01
Ron Zeltwanger Board Member0 $0-- $01
2021 · 8 people listed · 1 paid, $156K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
1ST SOURCE BANK Institution TRUSTEE0 $155,795-- $155,79551
CHRISTOPHER J MURPHY PRESIDENT1 $0-- $01
JAMES SEITZ DIRECTOR1 $0-- $01
JOHN AFFLECK GRAVES DIRECTOR1 $0-- $03
JOHN PHAIR DIRECTOR1 $0-- $01
ANDREA SHORT VICE PRESIDENT1 $0-- $01
RON ZELTWANGER DIRECTOR1 $0-- $01
KEVIN MURPHY TREASURER1 $0-- $01
2020 · 8 people listed · 1 paid, $130K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
1ST SOURCE BANK Institution TRUSTEE0 $130,379-- $130,37951
CHRISTOPHER J MURPHY PRESIDENT1 $0-- $01
JAMES SEITZ DIRECTOR1 $0-- $01
JOHN AFFLECK GRAVES DIRECTOR1 $0-- $03
JOHN PHAIR DIRECTOR1 $0-- $01
ANDREA SHORT VICE PRESIDENT1 $0-- $01
RON ZELTWANGER DIRECTOR1 $0-- $01
KEVIN MURPHY TREASURER1 $0-- $01
2019 · 9 people listed · 1 paid, $129K
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
1ST SOURCE BANK Institution TRUSTEE0 $129,098-- $129,09851
REX MARTIN DIRECTOR1 $0-- $03
JAMES SEITZ DIRECTOR1 $0-- $01
CHRISTOPHER MURPHY III DIRECTOR1 $0-- $05
JOHN AFFLECK GRAVES DIRECTOR1 $0-- $03
JOHN PHAIR DIRECTOR1 $0-- $01
ANDREA SHORT MEMBER1 $0-- $01
RON ZELTWANGER MEMBER1 $0-- $01
KEVIN MURPHY MEMBER1 $0-- $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2025 · 96 grants to organizations · $2.2M
2024 · 93 grants to organizations · $2.0M
2023 · 86 grants to organizations · $2.0M
2022 · 92 grants to organizations · $2.2M
2021 · 82 grants to organizations · $2.0M
2020 · 83 grants to organizations · $1.8M
2019 · 113 grants to organizations · $1.7M

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2025 · 1 contributor · $1.0M
#ContributorTypeCity, stateTotalNoncashSource
1 1st Source Bank Organization or other South Bend, IN $1,000,000- Form 990PF Sch. B, 2025 · filing
2024 · 1 contributor · $1.0M
#ContributorTypeCity, stateTotalNoncashSource
1 1st Source Bank Organization or other South Bend, IN $1,000,000- Form 990PF Sch. B, 2024 · filing
2021 · 1 contributor · $3.0M
#ContributorTypeCity, stateTotalNoncashSource
1 1ST SOURCE BANK Organization or other SOUTH BEND, IN $3,000,000$3,000,000 Form 990PF Sch. B, 2021 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2025 · Form 990PF period ending 2025-12-31 · view filing · original 990 ↗
$3,800,064$2,488,250 $36,533,907$36,533,907 $1,000,000- $185,235--
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$3,921,568$2,277,199 $35,235,229$35,235,229 $1,000,000- $172,956--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$2,976,578$2,291,798 $33,597,071$33,597,071 -- $159,230--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$2,334,993$2,406,487 $32,901,547$32,901,547 $0- $125,138--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$5,399,779$2,189,584 $32,972,907$32,972,907 $3,000,000- $155,795--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$2,687,641$1,981,961 $29,771,285$29,771,285 -- $130,379--
2019 · Form 990PF period ending 2019-12-31 · view filing · original 990 ↗
$1,534,350$1,877,655 $29,090,432$29,090,432 -- $129,098--

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (99)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
RESOURCE FOUNDATION INCNYNot reported $2,014,773$2,053,059 EXECUTIVE DIRECTOR$110,833 Similar name, revenue within 2x
SERVICESOURCE FOUNDATION INCVAP11 $2,656,662$1,299,429 President/CEO$668,285 Similar name, revenue within 2x
BABA FOUNDATION INCFLT20 $6,001,151$0 PRESIDENT$0 Similar name, revenue within 2x
BARR FOUNDATION INCKYT20 $2,221,699$298,493 PRESIDENT$0 Similar name, revenue within 2x
UNION SAVINGS BANK FOUNDATION INCCTT20 $2,083,253$829,857 CHAIR$0 Similar name, revenue within 2x
BAJ FOUNDATION INCINT21 $842,045$451,516 DIRECTOR$0 Similar name, revenue within 5x, same state
FOUNDATION SOURCE 1410 INCDET20 $1,534,373$354,144 Co- Pres, Dir$0 Similar name, revenue within 5x
ION BANK FOUNDATION INCCTT22 $1,176,316$1,285,776 EXECUTIVE DIRECTOR$75,000 Similar name, revenue within 5x
FOUNDATION SOURCE 002100 INCDET22 $1,428,300$946,770 Dir, Pres$0 Similar name, revenue within 5x
SOUTHERN BANK FOUNDATIONNCT22 $1,480,995$1,204,549 Director$0 Similar name, revenue within 5x
THE RESOURCE FOUNDATION INCCTNot reported $909,064$1,417,440 CHAIRMAN$190,202 Similar name, revenue within 5x
PEOPLES BANK FOUNDATION INCOHT21 $841,809$785,002 DIRECTOR$0 Similar name, revenue within 5x
REPUBLIC BANK FOUNDATION INCKYT22 $1,439,600$1,637,529 PRESIDENT$0 Similar name, revenue within 5x
FOUR-FOUR FOUNDATION INCNYT00 $1,354,054$2,645,764 PRESIDENT,TREASURER,DIRECTOR$0 Similar name, revenue within 5x
STOCK YARDS BANK FOUNDATION INCKYT22 $1,300,843$406,913 OFFICER$0 Similar name, revenue within 5x
BERKSHIRE BANK FOUNDATION INCMAT22 $1,005,693$2,258,440 SECRETARY$249,710 Similar name, revenue within 5x
SOL FOUNDATION INCINT20 $25,017,976$89,482 DIRECTOR$0 Similar name, revenue within 10x, same state
BANKS FOUNDATION INCVANot reported $391,811$155,335 PRESIDENT$0 Similar name, revenue within 10x
FIRST COUNTY BANK FOUNDATION INCCTT22 $488,627$644,250 PRESIDENT$0 Similar name, revenue within 10x
HEALTH 1ST FOUNDATION INCGANot reported $705,515$355,777 CHAIRMAN$36,000 Similar name, revenue within 10x
SONI FOUNDATION INCTXP99 $507,914$60,633 Treasurer$0 Similar name, revenue within 10x
BANK OF UTICA FOUNDATION INCNYNot reported $439,455$613,990 CHAIRMAN & SECRETARY$0 Similar name, revenue within 10x
SON FOUNDATION INCING19 $145,279$121,189 EXEC DIR/TRE$14,702 Similar name, revenue differs more than 10x, same state
RED BANK REGIONAL SOURCE FOUNDATION INCNJB80 $333,794$269,119 TREASURER$0 Similar name, revenue differs more than 10x
HR SOURCE FOUNDATION INCMDG12 $26,500$26,500 Executive Director$0 Similar name, revenue differs more than 10x

Who funds organizations like this

Grantors that funded the 99 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTypeTotal givenGrantsOrganizations fundedYearsWhich ones
DONOR ADVISED CHARITABLE GIVING DAF sponsor$12,218,00024 72014–2023 1ST STREET FOUNDATION INC; SERVICESOURCE FOUNDATION INC; RESOURCE FOUNDATION INC; SOUL FOUNDATION INC and 3 more
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC DAF sponsor$9,717,0003 22017–2021 1ST STREET FOUNDATION INC; SOUL FOUNDATION INC
THE CHICAGO COMMUNITY TRUST DAF sponsor$7,000,0005 12019–2024 SERVICESOURCE FOUNDATION INC
CUMBERLAND COMMUNITY FOUNDATION INC DAF sponsor$1,000,0001 12022–2022 SERVICESOURCE FOUNDATION INC
NATIONAL PHILANTHROPIC TR DAF sponsor$920,35021 32014–2024 SERVICESOURCE FOUNDATION INC; RESOURCE FOUNDATION INC; SOUL FOUNDATION INC
NEW HAMPSHIRE CHARITABLE FOUNDATION DAF sponsor$844,77617 12011–2022 RESOURCE FOUNDATION INC
FIDELITY INVESTMENTS CHARITABLE GIFT FUND DAF sponsor$591,14731 82016–2024 RESOURCE FOUNDATION INC; SERVICESOURCE FOUNDATION INC; INCE FOUNDATION INC; SOUL FOUNDATION INC and 4 more
AMERICAN ONLINE GIVING FOUNDATION INC DAF sponsor$508,8795 12019–2025 RESOURCE FOUNDATION INC
AMERICAN EXPRESS FOUNDATION Private foundation$440,0002 12024–2024 RESOURCE FOUNDATION INC
COMMONWEALTH BANK & TRUST COMPANY CHARITABLE Private foundation$402,7591 12024–2024 STOCK YARDS BANK FOUNDATION INC
ESTEE LAUDER COMPANIES CHARITABLE FOUNDATION Private foundation$280,0001 12021–2021 RESOURCE FOUNDATION INC
SAN FRANCISCO FOUNDATION DAF sponsor$270,2002 12015–2018 RESOURCE FOUNDATION INC
GITLAB ORG FOUNDATION Private foundation$250,0001 12024–2024 RESOURCE FOUNDATION INC
FORGOOD INC DAF sponsor$206,5545 12010–2014 RESOURCE FOUNDATION INC
VANGUARD CHARITABLE ENDOWMENT PROGRAM DAF sponsor$103,6007 42020–2024 SERVICESOURCE FOUNDATION INC; FREEDOM BANK FOUNDATION INC; RED BANK REGIONAL SOURCE FOUNDATION INC; VISION SOURCE FOUNDATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2025 · Form 990PF · $2,488,250 spent · pay $185,235 · grants $2,209,262 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $2,209,262 88.8%
Pay: officers, directors, trustees $185,235 7.4%
Taxes $57,294 2.3%
Other expenses $34,109 1.4%
Fees: accounting $2,350 0.1%
Total$2,488,250100%

View the filing

2024 · Form 990PF · $2,277,199 spent · pay $172,956 · grants $2,004,878 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $2,004,878 88.0%
Pay: officers, directors, trustees $172,956 7.6%
Taxes $54,056 2.4%
Other expenses $42,959 1.9%
Fees: accounting $2,350 0.1%
Total$2,277,199100%

View the filing

2023 · Form 990PF · $2,291,798 spent · pay $159,230 · grants $2,043,188 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $2,043,188 89.2%
Pay: officers, directors, trustees $159,230 6.9%
Taxes $58,837 2.6%
Other expenses $28,098 1.2%
Fees: accounting $2,445 0.1%
Total$2,291,798100%

View the filing

2022 · Form 990PF · $2,406,487 spent · pay $125,138 · grants $2,203,696 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $2,203,696 91.6%
Pay: officers, directors, trustees $125,138 5.2%
Taxes $50,914 2.1%
Other expenses $24,639 1.0%
Fees: accounting $2,100 0.1%
Total$2,406,487100%

View the filing

2021 · Form 990PF · $2,189,584 spent · pay $155,795 · grants $1,981,900 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $1,981,900 90.5%
Pay: officers, directors, trustees $155,795 7.1%
Other expenses $28,311 1.3%
Taxes $21,678 1.0%
Fees: accounting $1,900 0.1%
Total$2,189,584100%

View the filing

2020 · Form 990PF · $1,981,961 spent · pay $130,379 · grants $1,807,976 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $1,807,976 91.2%
Pay: officers, directors, trustees $130,379 6.6%
Other expenses $24,285 1.2%
Taxes $17,421 0.9%
Fees: accounting $1,900 0.1%
Total$1,981,961100%

View the filing

2019 · Form 990PF · $1,877,655 spent · pay $129,098 · grants $1,724,844 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $1,724,844 91.9%
Pay: officers, directors, trustees $129,098 6.9%
Taxes $21,813 1.2%
Fees: accounting $1,900 0.1%
Total$1,877,655100%

View the filing

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