Hoosier favorite fund-raiser? If you're a fan of Indiana University, then it might well be the Indiana University Foundation (IUF). The not-for-profit foundation raises more than $100 million annually in donations from individuals, corporations, and institutional organizations; alumni gifts account for about half of IUF's funds. It manages an endowment of about $1 billion and provides administrative services for gift accounts and scholarship and fellowship accounts. The organization has offices in Bloomington and Indianapolis. IUF was established in 1936.