Donations

Cook promises Old Centrum work will be done by year-end

April 13, 2010
Kathleen McLaughlin
Philanthropist Bill Cook will manage a $7 million restoration of the former Old Centrum building at 12th Street and Central Avenue in Indianapolis, and the newly renamed Indiana Landmarks will move its headquarters there.
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United Way donations match last year's amount

March 25, 2010
Kathleen McLaughlin
United Way of Central Indiana's 2009 fund-raising campaign raised $38.8 million, slightly short of its $39 million goal, but almost equal to the previous year's effort, the organization announced Thursday.
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Text donations are new frontier for not-for-profits

March 20, 2010
 IBJ Staff
The Indianapolis affiliate of Susan G. Komen for the Cure plans to unveil what might be the first such “text-to-donate” option offered among local not-for-profits.
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Ballard solicits business help in aid of Indy Parks

March 4, 2010
Peter Schnitzler
Corporate contributions, volunteerism help shore up struggling city department after recession-driven cuts reduce budget by nearly one-fifth.
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Decline in service clubs threatens funding for international causesRestricted Content

February 27, 2010
Kathleen McLaughlin
Organizations like Kiwanis boost awareness of international needs, which otherwise rank low on Americans' giving priorities.
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Little Red Door sees increases in donations, cost of services

February 6, 2010
 IBJ Staff
Many not-for-profits struggled to raise money in 2009, but a local agency that helps cancer patients said it actually saw an increase in donations.
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Environmental causes keep ex-bank chief McKinney busyRestricted Content

February 6, 2010
Chris O'Malley
Most know him as a retired captain of industry—of banking, as chairman of First Indiana Corp., and law, as co-founder of Bose McKinney & Evans. Few know that Robert H. McKinney started out planning to become a national park guide.
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Basiles give big gift to Carmel performing arts center

January 14, 2010
 IBJ Staff
The center will recognize the donation by naming the cafe and gift shop inside the 1,600-seat concert hall after the Basiles.
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Humane Society expects to finish 2009 in the black

January 6, 2010
Kathleen McLaughlin
The group, which rang up more than $3 million in debt before changing course in 2008, had been operating at a deficit for six years.
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School foundations step up to pay for programs as funding dries upRestricted Content

January 2, 2010
Kathleen McLaughlin
The Washington Township Schools Foundation on the north side is among those that wants to raise money for buildings and other high-cost needs.
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MARCUS: 'Tis the season for getting for giving

December 26, 2009
Morton Marcus
Not-for-profits know we want something more than good deeds for our contributions.
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Salvation Army kettles going high-tech

November 23, 2009
Andrea Muirragui Davis
The Salvation Army of Indiana soon will test a swipe-card option for curbside donations to its annual "Tree of Lights" fund-raising campaign.
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It's time to step up

November 21, 2009
Tough times are real and challenging to navigate. But, if we are honest, we have to admit that those of us fortunate to have jobs have an advantage in tough times.
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Amazon.com offers holiday piece work

November 14, 2009
 IBJ Staff
Speedy gift wrappers who are willing to put in a few hours at Amazon.com’s Whitestown fulfillment center can earn a few bucks for Indiana charities.
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Vera Bradley gives another $10M to IU cancer center

November 12, 2009
 IBJ Staff
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
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Book will be tribute to late Emmis executive Tom Severino

October 31, 2009
 IBJ Staff
Former Emmis Communications Corp. employee Jon Quick is writing a tribute book to the late Tom Severino, vice president and general manager of Emmis’ Indianapolis operations, who lost his battle with lung cancer earlier this year.
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New not-for-profit coffee shop in Fletcher Place will raise money for charities

October 24, 2009
 IBJ Staff
The new coffee shop named for Calvin Fletcher, one of the city's first lawyers, will give money to groups such as Second Helpings.
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Gregory & Appel celebrates anniversary by writing 125 checks to charity

October 24, 2009
 IBJ Staff
The awards of $500 each total $62,500. “In lieu of doing a party, it was more appropriate and more the corporate culture of Gregory & Appel to do something charitable,” Vice President Steve Appel said.
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Two Indianapolis companies offer pro bono work to not-for-profits

October 17, 2009
 IBJ Staff
Fund-raising consultant Achieve will provide a year of free coaching or consulting. Advertising and public relations firm TrendyMinds is also accepting applications. The Achieve grant for coaching is valued at $2,000, while the grant for consulting is worth as much as $12,000.
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Memorial fund expands free admissions at Eiteljorg

October 10, 2009
 IBJ Staff
The Leon Jett Minority Family Admission Fund has raised money to allow admissions at the Eiteljorg Museum of American Indians and Western Art for families enrolled in Hoosier Works or Hoosier Healthwise.
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Anonymous donor gives $5 million to Marian University

October 8, 2009
 IBJ Staff
Marian University has received an anonymous $5 million gift to support student scholarships, the Indianapolis-based school announced Wednesday.
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Weight-loss challenges at local firms raise money for charity

September 19, 2009
 IBJ Staff
Employees at five different companies collectively lost 805 pounds over six weeks this summer. They also raised $805 for Big Brothers/Big Sisters of Central Indiana.
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United Way scales back fund-raising goal

September 12, 2009
 IBJ Staff
United Way of Central Indiana recently announced a fund-raising goal of $39 million. That’s less than the goal of $40 million set last year, when fund raising fell short, ending at $38.8 million.
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Simon Foundation gives $1M to library literacy initiative

September 9, 2009
 IBJ Staff
The Indianapolis-Marion County Public Library Foundation today announced that it has received a $1 million gift from the Herbert Simon Family Foundation to expand its early childhood literacy initiative.
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Homeless youth ministry wins promo video

August 24, 2009
 IBJ Staff
The local video production company Bennett Innovations will donate a $25,000 custom video to Outreach Inc., a Christian organization that ministers to homeless youth.
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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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