Caesars Foundation

What Caesars Foundation does

Caesars Foundation of Floyd County is a private philanthropic foundation established in October 1999 by Caesars Southern Indiana Casino in partnership with public officials from Floyd County and New Albany, Indiana. The foundation was created to benefit the Floyd County community through three core service lines: annual and major grant-making to charitable non-profit organizations, educational scholarship programs (including high school senior scholarships and named scholarships at Indiana University Southeast and Spalding University), and program-related investments via a $1 million Small Business Revolving Loan Fund administered with One Southern Indiana. Its geographic focus is restricted to Floyd County, Indiana, and its programs address funding gaps for community services, financial barriers to higher education, and access to capital for local small business growth.

The foundation is funded by ongoing contributions from Caesars Southern Indiana Casino; a significant portion of funds received are disbursed to the community through grants and scholarships, while another portion is invested for long-term viability. It is governed by a volunteer Board of Directors that includes the Mayor of Floyd County, at least one Commissioner, two members of City Council from opposing political parties, and three Caesars Southern Indiana representatives, with day-to-day operations led by an Executive Director and Program Director. The foundation's largest disclosed commitment is a $20 million, 20-year grant awarded in 2002 to the Scribner Place YMCA & Aquatic Center, and it has awarded major grants across arts and culture, education, health and medical, community development, and human services categories.

Caesars Foundation does not sell products or services and operates as a nonprofit grant-making entity rather than a technology company. Its distribution channels consist of a Wix-hosted website, social media profiles on Facebook, LinkedIn, and YouTube, and direct email/phone contact for grant applications. Standard annual grants are capped at $25,000 per cycle with bi-annual deadlines (March 31 and August 31), while scholarship programs include $10,000 renewable four-year awards and named scholarships of $20,000–$30,000 in total value, and loan products range from $5,000 to $50,000 with terms of up to 10 years.

Name

Caesars Foundation

Legal name

Caesars Foundation of Floyd County

Website

https://caesarsfoundationfc.org

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Caesars Foundation of Floyd County is a private philanthropic foundation established in 1999 by Caesars Southern Indiana Casino to provide grants, scholarships, and small business loans to the Floyd County, Indiana community.

Ownership category

akta.pro rank

Product category

Community Philanthropic Foundation Services

NAICS

Grantmaking and Giving Services (81321), Other Grantmaking and Giving Services (813219)

akta.pro industry

PRIMARYBPAGAKAC

Corporate Foundations & CSR Grantmaking

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYBPAGAKAA

Private Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYEDADAHAC

Scholarship & Fellowship Foundations and Trusts

Education/Education Administration, Accreditation & Policy/Education Funding, Grants & Financial Aid Administration

Keywords

• Community philanthropy
• Charitable grantmaking
• Educational scholarships
• Small business loans
• Nonprofit foundation

Headquarters

HQ city

New Albany

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Others, Personnel, Operations

Revenue model

1. Casino Contribution Revenue: The foundation receives ongoing contributions from Caesars Southern Indiana Casino. A significant portion of funds received are immediately given back to the community through grants and scholarships, while another portion is invested for long-term viability.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Caesars Foundation is a private philanthropic foundation that channels contributions from Caesars Southern Indiana Casino into the Floyd County community through three programs: annual grants to local non-profit organizations for operational and capital needs, scholarships for graduating high school seniors and continuing post-secondary students, and a revolving small business loan fund for Floyd County businesses.

Product overview

Caesars Foundation of Floyd County is a private foundation offering a unified portfolio of philanthropic programs to benefit the Floyd County community. The foundation operates three core service lines: grant-making programs (Annual Grants and Major Grants) to charitable non-profit organizations, educational scholarship programs (High School Senior Scholarships, Dr. John E. Reisert Scholarship, Judy Genovese Hess Scholarship, and Jerry Finn Diversity Education Scholarship), and program-related investments through its Small Business Revolving Loan Fund. These programs work together to support economic development, education, community infrastructure, and quality of life in Floyd County, Indiana.

Differentiator

Problem solved

Functional benefit

Products and services

• Annual Community Grants Yearly and bi-annual grant awards to Floyd County non-profit organizations to support operating, programmatic, and capital needs in the local community.
• Major Grants Larger, non-recurring grant awards to Floyd County non-profits for significant capital or special community projects, awarded in addition to the annual grant program.
• High School Senior Scholarships Scholarships for graduating high school seniors in Floyd County pursuing post-secondary education at partner institutions.
• Dr. John E. Reisert Scholarship Named scholarship fund for college-bound students, awarded according to criteria set by the Reisert family/fund.
• Judy Genovese Hess Scholarship Named scholarship fund for college-bound students, awarded under criteria tied to the Hess family/fund.
• Jerry Finn Diversity Education Scholarship Named scholarship fund supporting diversity in education, awarded to qualifying Floyd County students.
• Small Business Revolving Loan Fund Revolving loan program providing affordable financing to qualifying small businesses operating in Floyd County, with repayments recycled back into the fund for new borrowers.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• One Southern IndianacoreImplementation/ SI/ Consulting Partner · 1 January 2008One Southern Indiana, the economic development and Chamber of Commerce organization for Clark and Floyd counties, administers the Small Business Revolving Loan Fund on behalf of Caesars Foundation. Contact: Rachael Armstrong at (812) 206-9021 or [email protected]
• Spalding UniversityminorStrategic or Co-development PartnerCaesars Foundation endowed a scholarship at Spalding University to honor founding board member Judy Genovese Hess. The Hess Scholarship supports Floyd County students demonstrating financial need.
• Indiana University SoutheastcoreStrategic or Co-development PartnerPartnership for multiple scholarship programs including the Dr. John E. Reisert Scholarship ($20,000 annually for non-traditional students) and the Jerry Finn Diversity Education Scholarship ($10,000 additional contribution). Recipients meet with New Albany Floyd County Schools representatives for career planning.
• New Albany Floyd County SchoolsminorStrategic or Co-development PartnerPartnership with the school district for the Jerry Finn Diversity Education Scholarship, where recipients meet regularly with district representatives for conversations about academics and career planning.

Scale indicators6 records

Recent moves4 records

Broad incumbents

• Lilly Endowment Inc. Major Indianapolis-based private foundation supporting Indiana education, community development, and religion. Comparable as a private foundation with strong scholarship and grantmaking activity in Indiana.
• Ford Foundation: Large private foundation with grantmaking, scholarship, and program-related investment programs. Comparable as a private foundation operating grant, scholarship, and PRI program lines even though far larger and national in scope.
• Caesars Foundation, Inc. The national corporate foundation of Caesars Entertainment, supporting communities across multiple states. Directly comparable as a casino-corporate foundation, though operating at greater scale and broader geographic scope than the Floyd County entity.
• Duke Energy Foundation: Large corporate foundation funding community development, education, and economic vitality across Indiana and the Midwest. Comparable as a corporate foundation deploying similar program categories in Indiana.

Direct peers

• Boyd Gaming Foundation: Casino-corporate foundation supporting communities where Boyd Gaming operates. Comparable funding source, governance model, and community-grantmaking mission.
• Wynn Resorts Foundation: Casino-affiliated foundation supporting education, community development, and economic opportunity in host jurisdictions. Highly comparable in funding source (luxury casino operator) and community grantmaking mission.
• Community Foundation of Southern Indiana: Regional community foundation serving southern Indiana counties including Floyd. Operates grant cycles, scholarships, and donor-advised funds in the same geographic territory and similar programmatic areas.
• Indiana University Southeast Foundation: Higher-education foundation administering scholarships and community programs in southern Indiana. Comparable in scholarship administration model and Indiana regional footprint.
• MGM Resorts Foundation: Philanthropic arm of MGM Resorts, funding community grants and education programs in jurisdictions where the company operates. Closely comparable as a casino-corporate foundation doing community grantmaking.

Regional players

• One Southern Indiana (1si): Chamber and economic-development organization for Clark and Floyd counties; already administers Caesars Foundation's loan fund. Comparable as a regional community/economic-development partner operating in the same service area.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCezlLnL5FnTuGFi-T8OU3jQ
• Facebookfacebook.com/CaesarsFoundationFC
• LinkedInlinkedin.com/company/caesars-foundation-of-floyd-county

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Caesars Foundation