Central Indiana Community FoundationChristel DeHaan Family Foundation and the Efroymson Family Fund  launched 5×5 in 2013 as a way to inspire, ignite and financially support creative and innovative ideas related to the arts.

To make this happen, these Indianapolis funders have partnered with four host organizations (Big Car, People for Urban Progress, Harrison Center for the Arts and IndyHub) that helped co-design the platform to give anyone with a great idea the opportunity to compete for a $10,000 prize at four unique 5×5 events.