The foundation raises and distributes funds based on the following general guidelines:
- Funds raised by the foundation are distributed to a small number of not-for-profit organizations roughly commensurate with the Interactive Intelligence Inc. employee distribution in Indiana (66%), Non-Indiana U.S. (19%), and Non-U.S. (15%).
- Monetary distribution decisions are made one time each year by the foundation’s board of directors.
- Special emphasis is placed on projects that promote technology education amongst the targeted at-risk youth sector.
- At the decision of the board of directors, a portion of the foundation’s funds may be directed at times to assist world crises or natural disasters.
Funds are raised by the Foundation through individual contributions, corporate donations, and fundraisers. Interactive Intelligence Group, Inc. has agreed to fund and/or provide all administrative and management tasks associated with the Foundation, so 100% of all monetary donations are distributed to designated causes.
The Interactive Intelligence Foundation began accepting contributions January 1, 2011. Applications to be considered for receipt of funds for the 2012 calendar year, will be accepted beginning November 1, 2011.
The Interactive Intelligence Foundation is a not-for-profit corporation, incorporated in the state of Indiana. Applicable tax deductions may be available to contributors. Contributors should consult a tax specialist for additional information.
Read the November 10, 2010 press release for the full announcement.
Interactive Intelligence Foundation Board of Directors:Dr. Donald E. Brown – Chairman
Joseph A. Staples – President
Ashley Vukovits – Secretary/Treasurer