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Indiana Landmarks nearing $25M fundraising goal

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Preservation group Indiana Landmarks kicked off the public portion of its $25 million capital and endowment campaign Thursday evening, entering the homestretch of a fundraising effort that began in 2010.

The Indianapolis-based organization needs $3.3 million more to reach its goal.

Not-for-profits often conduct major campaigns in two phases: a so-called silent period—when leaders solicit major gifts, which usually represent most of the funds raised—followed by a public appeal.

Landmarks’ “Saving Meaningful Places” campaign aims to build its endowment, fund acquisition and restoration projects, and fund grant programs and other initiatives.

The bulk of the total is tied to the $19.5 million Indiana Landmarks Center project, which transformed the vacant 19th century church that now serves as the organization’s headquarters. Bloomington’s Cook family donated $15.7 million for that project.

Of the $25 million total, $1.2 million will go to Indiana Landmarks’ endowment, which helps fund operations in Indianapolis and eight regional offices.

Another $600,000 is earmarked for the Endangered Places Acquisition Fund, which allows Indiana Landmarks to save at-risk historic buildings until buyers can be found.

The campaign announcement came during a preview of living space at Stadium Lofts, a mixed-use development being built around the bones of the former Bush Stadium on West 16th Street in Indianapolis.

Before being repurposed by locally based Core Redevelopment, the former home of the Indianapolis Indians twice was included on Indiana Landmarks’ 10 Most Endangered list.

Core’s managing partner, John Watson, is a former Landmarks board chairman who began working on the project at the organization’s request.

Proceeds of the campaign, expected to be complete by 2015, also will be used to support special initiatives like the National Preservation Conference scheduled to be held in Indianapolis for the first time this fall.

The Stadium Lofts project will be featured during the Oct. 29-Nov. 2 convention.

Founded in 1960 by Eli Lilly and other civic leaders, Indiana Landmarks’ current projects include a 19th-century cottage on East 10th Street in Indianapolis.

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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