If you are thinking of making a gift, we invite you to review our FAQ below. If you don’t see your question in the list, our team is available to answer any questions you might have for us.
Our team is here to answer any question you may have about the IU Philanthropic Venture Fund.
The IU Philanthropic Venture Fund is a new, early stage venture fund launched in 2018 and managed by the IU Ventures team.
The IU Philanthropic Venture Fund makes investments for equity like most funds, but any equity realizations are returned to the fund (instead of individual and institutional limited partners) for reinvestment.
The IU Philanthropic Venture Fund has $11M to invest with plans to have up to $50M from donations and equity realizations. Investments range from $100k to $1M depending on the stage of company, size of the round and the investment case.
We invest at the seed, series A, and B stages and pro rata in subsequent rounds of the most promising companies.
The IU Philanthropic Venture Fund is industry agnostic, but we focus in technology and science-based sectors.
Companies with a founder or a member of the C-Suite that is an IU alum, faculty, staff, student or parent. Also, companies based on technology licensed from Indiana University also meet the requirement for IU affiliation.