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Recent Articles
Conner Prairie balloon ride part of 10-year strategy
October 13, 2008
Conner Prairie wants to pay homage to early aviator John Wise with a balloon ride that recalls his August 1859 trip from Lafayette at the helm of a gas-filled balloon bound for New York City with the nation's first air-mail delivery. An ill wind blew him Wisecourse, ending his flight in Crawfordsville, but he still earned a place in history--and a U.S. Postal Service-issued stamp honoring his pioneering effort.
Education causes attract state foundations' support: Rate of giving outpaces national average 2-to-1
September 29, 2008
Nearly half the money Indiana foundations gave away in 2005 went to educational organizations-more than twice the rate of
such giving nationally, according to a new study from Indiana University's Center on Philanthropy. All told, the state's independent,
corporate and community foundations awarded $450 million in grants to support education, 47 percent of the $965 million total.
Nationally, about 23 percent of foundation giving goes to education. "My intuition tells me ... foundations are making education
a priority as the...
MoreChildren's Bureau reaches out: State prevention program helps social-services agency enter new areas, lift budget
September 1, 2008
Since its origins as the Widows and Orphans Asylum in 1851, the Children's Bureau has been working to fix broken families
in Indianapolis. Now the local not-for-profit has expanded its reach into 37 Indiana counties-growing its budget 22 percent
in the process. Despite the regional push, the agency remains focused on Marion County, where it's building a $9.2 million
service center at 16th and Dr. Martin Luther King Jr. streets. The engine driving the organization's recent growth: a statewide
program...
MoreCEDIA delaying comeback to convention center
July 30, 2007
One of the two massive trade shows forced to leave Indianapolis because of a convention center space crunch isn't coming back
as soon as expected. Locally based Custom Electronic Design & Installation Association is changing course three years after
agreeing to return its fall CEDIA Expo to Indianapolis for four years beginning in September 2010.
MoreCity gained momentum with Super Bowl bid
May 28, 2007
Indianapolis' bid to host the 2011 Super Bowl missed by inches, but observers said the city nevertheless scored major points
that still could result in a victory. But not without suiting up again.
MoreIndianapolis' offer on the table:
May 14, 2007
INDIANAPOLIS HAS: Seating for up to 73,000 and a retractable roof at Lucas Oil Stadium, set to open in 2008. The press box
seats 200, but event space could be converted for additional media use. PRACTICE FACILITIES NFL WANTS: Comparable practice
facilities for both Super Bowl teams, including a covered field with the same turf as the stadium, locker rooms for players
and coaches, meeting rooms, and laundry service. INDIANAPOLIS HAS: The Colts' 56th Street football complex. Bid organizers
have...
MoreBreaking up may be hard, but museum thrives anyway: Conner Prairie turning red ink to black as it embraces independence after years-long governance dispute
December 11, 2006
Nearly a year after its split from longtime trustee Earlham College, Conner Prairie is on the rebound. The Hamilton County
living-history museum is poised to close out 2006 with more revenue than expenses-the first time in years it's been in the
black. "We feel very good about it," said Berkley Duck, board chairman for both the museum and its affiliated foundation.
"We're coming in pretty well against what we estimated." That's impressive, considering the 32-member board didn't have much
time...
MoreStudent sponsorship deal raises money, criticism
September 11, 2006
The Indianapolis office of Zurich-based UBS Financial Services Inc. is experimenting with "adopting" the freshman class at
Herron High School as the UBS Scholars of 2010. Its foundation made a $100,000 gift to the startup charter school, and local
employees made a commitment to tutor, mentor and otherwise support its first 92 students.
MoreCreate-a-job program serving disabled threatened: Federal funding cuts could mean early end for options available through customized employment initiative
August 7, 2006
Bryan Ballard and Cody Feldman never dreamed they'd end up here, soaking up the sun along Indianapolis' downtown canal, peddling
frozen treats from their very own ice cream cart. They certainly never planned to become business partners when they met as
adolescents playing Special Olympics basketball. But it happened anyway, thanks to a federally funded program intended to
help significantly disabled individuals find work that fits their interests and skills. What makes the so-called customizedemployment
effort unusual is its emphasis...
MoreE-tailers playing their cards right: CPAs-turned-entrepreneurs launch Web sites to cash in on poker craze
July 31, 2006
Talk about irony. Buoyed by success playing online poker, local accountant Jeff Smith quit his day job three years ago to
sell poker chips and playing cards for live games. Now he and business partner Knute Lentz are too busy filling orders to
deal themselves in. Once colleagues at national accounting firm BKD LLC, the men, both 33, said they saw the game's potential
long before amateur Chris Moneymaker's victory in the 2003 World Series of Poker made it a...
MoreFINDING the RIGHT FIT: Program to put execs in board seats, but will firms be willing to pay for it?
June 19, 2006
Ruth Purcell Jones knows the statistics well. Nearly 1.8 million board seats at not-forprofit organizations turn over every
year, presenting a challenge for charities already trying to fill the 1.2 million positions open at any given time. And anecdotal
evidence backs up the national research. "If there's one thing I hear over and over, it's, 'We can't find board members,'"
said Jones, president of Indianapolis-based governance consultant Trustee Leadership Development. "It's really a 'Who do you
know?' kind of thing....
MoreOpera in fight to avoid finale: Organization embraces co-productions as a way to keep the Fat Lady at bay
May 8, 2006
It might be facing a $350,000 deficit, a round of staff cuts and a scaled-back production schedule, but the Indianapolis Opera
isn't ready to cue the Fat Lady quite yet. Instead, the not-for-profit arts organization is employing a series of cost-saving
measures intended to keep her off the stage indefinitely-including a greater emphasis on sharing production expenses with
other opera companies. Co-producing is an increasingly popular strategy among performing arts groups looking to make the most
of their limited resources....
MorePaid boards spur not-for-profit debate: Critics: If directors won't give time, who will?
April 17, 2006
Indianapolis-based USA Funds is a large, complex organization, and members of its governing board are busy people. Same goes
for the NCAA, another local not-for-profit with a national reach, a nine-figure budget and directors who are anything but
professional volunteers. The two organizations have one key difference, though: USA Funds pays its board members. The NCAA
does not. "It's simply the nature of the world," said Norm Lefstein, an Indiana University law professor who chairs the compensation
committee at student-loan...
MoreTax forms not dependable as only source of NFP data:
April 10, 2006
Not-for-profit organizations' tax filings can provide a wealth of information, from big-picture data like annual revenue and
expenses to nitty-gritty details, including the CEO's salary. But drawing conclusions-or trying to compare organizations-based
only on the IRS Form 990 is difficult at best. First off, not all tax-exempt organizations are required to file tax returns.
Groups with less than $25,000 in annual revenue are exempt from filing, as are all churches and many other religious institutions.
And among those that do...
MoreCOMPEN$ATION CLASH: Complexity boosts not-for-profit pay, but should work be its own reward?
April 10, 2006
At least two large Indianapolis not-for-profits have been investigated-and cleared-as part of an Internal Revenue Service
examination of compensation practices at tax-exempt organizations. Preliminary results of the nationwide inquiry aren't expected
until fall, but the scrutiny already has increased the volume in an ongoing debate over how not-for-profit executives should
be paid. Some observers have called for setting limits on not-for-profit compensation, citing the charitable nature of the
work. Others insist sixor seven-figure pay packages are not out of line...
MorePublic broadcasters seek big bucks to feed Big Bird: WFYI capital campaign has ambitious $15.3M goal
October 24, 2005
Public broadcasters usually aren't shy about asking for money. Indeed, their telethon-style fund-raising drives likely are
as recognizable to audiences as Big Bird and Garrison Keillor. But when it comes to big money, they haven't had much practice.
Until now. For more than a year, Indianapolis broadcaster WFYI quietly has been lining up support for its largest-ever capital
campaign-a $15.3 million effort to upgrade equipment, expand its Meridian Street building, and more than double the not-for-profit's
endowment. Station leaders were...
MoreUtility fund-raising effort takes heat for opt-out strategy: Critics say customers should be asked if they want to contribute to Operation Round Up-or any charity
October 3, 2005
The concept is a noble one: By rounding their bills up to the nearest dollar, utility customers can turn pennies into a philanthropic
windfall for a worthy cause. Indeed, Operation Round Up programs at nearly 250 electric cooperatives nationwide-including
22 in Indiana-have collected more than $50 million for charity since the fund-raising effort began in 1989. But some observers
question the method most participating utilities use to get their members involved. Rather than being asked to give, residential
and commercial...
MoreUnited Way campaign facing dual challenges this year: Onetime gifts, charitable response to Katrina devastation complicates already-complex fund drive
September 19, 2005
It's never easy for United Way of Central Indiana-raising money seldom is. But this year, organizers went into the annual
fund-raising drive with an additional challenge: replacing $1.5 million in one-time donations that helped get the 2004 campaign
to its $36.6 million goal. Their task is complicated by the fact that this year's effort started just as the philanthropic
response to Hurricane Katrina kicked into high gear. Americans have given nearly $1 billion to disaster relief already, and
the impact...
MoreIndianapolis responds to Katrina devastation:
September 5, 2005
Local philanthropic response to the epic disaster was almost immediate. Television and radio stations alike urged central
Indiana audiences to make donations at dozens of collection sites, and the Salvation Army's Indiana Division broke out its
red kettles to help. The corporate community also responded. Gifts made by IBJ's deadline include: Indianapolis-based Eli
Lilly and Co. said it will contribute $1 million to the American Red Cross and match all contributions made by its U.S. employees.
Lilly also will give...
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.