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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. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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