Not-for-profits Blog Posts

The perils of measuring 'success'

May 10, 2010
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A philanthropy expert thinks donors could unwittingly undermine their dollars and time by insisting on too much documentation.
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Business plans run dry for angel network

March 19, 2010
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Halo Capital Group cancels regular meeting for lack of deals to peruse.
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Thoughts on the Tebow ad

February 1, 2010
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From the perspective of return on investment, the Super Bowl ad might be considered a failure.
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Lilly Endowment's two-fer

December 15, 2009
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Its education focus just might make the endowment more of a jobs engine than the Indiana Economic Development Corp.
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'Taxing' not-for-profit property

December 14, 2009
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Some Indiana mayors, desperate for revenue, think it's time for "payments-in-lieu-of-taxes."
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Overrun with Chihuahuas

December 10, 2009
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The Bay Area has zillions of the tiny dogs. But Indianapolis isn't part of the airlift strategy.
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New denomination headquartered in Indy?

September 24, 2009
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If a new denomination results from a vote to allow gay clergy in the Evangelical Lutheran Church in America, Indianapolis might be at the top of the list for its headquarters.
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A beachhead in Warsaw

September 16, 2009
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The launch of the orthopedics not-for-profit OrthoWorx is quite an accomplishment in Warsaw, where some of the world's biggest companies fight tooth-and-nail.
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United Way turns to the rich

August 10, 2009
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The wealthy in the Indianapolis area arenâ??t carrying their weight in supporting United Way of Central Indiana, according to an analysis by the not-for-profit    comparing places including Cincinnati, Milwaukee and Columbus, Ohio. The Indianapolis chapter has 22 â??principalâ?? donors, defined as...
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Myrland on the chamber, church

July 15, 2009
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Thereâ??s nothing like a little time away from a job to refine oneâ??s perspective. Which makes John Myrlandâ??s distance from the Indianapolis Chamber of Commerce all the more interesting. Myrland, 58, resigned as president of the chamber at the end of 2005...
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The recession hits churches

May 26, 2009
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Churches, which tend to ride out recessions better than many other institutions, are struggling to finish building projects, reporter Kathleen McLaughlin writes in this weekendâ??s IBJ. The recession and stock market downturn have forced parishioners to scale back commitments,...
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United Way CEO: merge nonprofits

October 23, 2008
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As the economy slows and money gets scarce, banks arenâ??t the only organizations that should consider merging. Thatâ??s how United Way of Central Indiana CEO Ellen Annala sees the landscape. The Indianapolis area has a whopping 16,000 not-for-profits, she says, one for...
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Habitat builds through tough times

August 27, 2008
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The down economy hasnâ??t exactly been a gift to not-for-profits, but at least one is actually doing better. Habitat for Humanity of Greater Indianapolis plans to build 22 houses this year, a couple of units more than last year. With dollar donations...
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Friedman's influence on Indy

July 30, 2008
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As fans of the late Milton Friedman gather at the Conrad Hotel tomorrow night to celebrate the libertarian economist, theyâ??ll have plenty to crow about. Ironically, though, Friedmanâ??s ideas about turning education over to market forces have failed to gain much...
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Valuing the FFA convention

March 19, 2008
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The National FFA put out a release today saying its national convention in Indianapolis in October created a $40 million impact. Lump out suppliers from outside the area, and the local impact amounted to $34.5 million. Global Insight Inc., a respected...
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Contrasting United Way, Wheeler

February 20, 2008
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Businesses and their employees opened pockets last year to enable United Way of Central Indiana to hit a record $39 million in contributions. The not-for-profit attributed the good news to hustle by campaign co-chairmen who offered money from their...
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Fear grips donors to charity

February 19, 2008
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Wheeler Mission Ministries broke the unsettling news yesterday that it is laying off 13 staff and shifting its ministries for youth and families to another charity in order to minimize an anticipated operating deficit. Why? Donors are worried about...
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Amendment for houses of worship

December 13, 2007
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State Sen. Pat Miller says sheâ??s looking to the future by proposing a constitutional amendment that would protect churches and other houses of worship from someday being taxed. Itâ??s not a â??crisis today,â?? but could become a problem in the future...
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Mini Marathon gets competition

December 6, 2007
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The venerable Mini Marathon has a challenger. As IBJ reporter Anthony Schoettle reports today, two sponsors have signed on to a half-marathon scheduled just two weeks after the Mini, which is sold out.Race...
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Your approach to giving

December 5, 2007
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A study put out yesterday by the Center on Philanthropy at Indiana University says that about two in three American households made donations in each of the three years it followed. The center also found that slightly more than half of...
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Arts leaders tout Peterson

November 6, 2007
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The race between Indianapolis Mayor Bart Peterson and his Republican challenger, Greg Ballard, became interesting in the final days, and not just because Ballard suddenly got traction in a widely publicized poll. In the past few days, two prominent arts leaders...
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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