Endowments

Lilly Endowment takes stock of year with $270.3M in grants

May 16, 2014
Mason King
More than two-thirds of its grants in 2013 went to groups in Indiana, according to the philanthropic organization's newly released annual report.
More

Endowment pledges $63M toward fight against brain drain

December 5, 2013
J.K. Wall
The Lilly Endowment will give nearly $63 million in grants to 39 Indiana colleges and universities to boost job prospects for their graduates, pushing the endowment's anti-brain-drain campaign to $120 million over the past decade.
More

Endowment assets soar $1.2B as Lilly shares climb

May 30, 2013
Andrea Muirragui Davis
Lilly Endowment awarded $230 million in 2012, mostly to Indiana groups. Its fortunes still are largely tied to the value of Eli Lilly and Co. stock, despite an effort to diversify the private foundation's holdings.
More

IMA's new CEO aims to bolster finances by doubling attendanceRestricted Content

February 9, 2013
Dan Human
Indianapolis Museum of Art CEO Charles Venable plans to cut costs and use major exhibits to boost attendance—a strategy aimed at reducing the museum’s reliance on investment returns and allowing its endowment to grow back to pre-recession level.
More

United Way lands $11M in grants from Lilly Endowment

January 24, 2013
 IBJ Staff
United Way of Central Indiana will receive more than $11 million from the Lilly Endowment to boost its capital fund, combat poverty and provide professional development, the groups announced Thursday morning.
More

Lilly Endowment gives Indiana nature trust $10M grant

November 14, 2012
Associated Press
The grant announced Wednesday by the Indiana Department of Natural Resources brings to $30 million the amount of funding for the initiative to acquire more wilderness land to mark the state's 200th birthday in 2016.
More

Clowes to get $2M upgrade for 50th anniversary

October 30, 2012
Kathleen McLaughlin
Clowes Memorial Hall at Butler University will get a $2 million makeover that will involve replacing 2,200 seats and carpeting, Butler announced Tuesday.
More

Zoo building impressive fundraising recordRestricted Content

October 27, 2012
Dan Human
The Indianapolis Zoo has reeled in $25 million of the $30 million it’s seeking for a capital campaign that will pay for a new orangutan facility, among other projects.
More

University endowments are digging out of deep holeRestricted Content

October 20, 2012
Dan Human
Indiana college endowments have surged back since the recession, but three-quarters closed the 2011 fiscal year below where they were when the market crashed.
More

Symphony donors question giving amid contract dispute

September 29, 2012
Dan Human
The ailing Indianapolis Symphony Orchestra intends to step up annual donations 40 percent. But many longtime donors feel conflicted about future contributions as they await word on whether the ISO will scale back to part time.
More

Investment gains push Lilly Endowment's worth to $6.2B

June 1, 2012
Lilly Endowment earned $884.6 million on its Eli Lilly and Co. stock in 2011, bringing the total worth of the grant-making powerhouse to $6.2 billion.
More

Endowment's resurgence emboldens IMA's leadersRestricted Content

May 26, 2012
Kathleen McLaughlin
After three years of shrinking budgets, Indianapolis Museum of Art leaders are ready to leave the lean times behind. The IMA’s endowment, which has covered close to 70 percent of operating expenses, is on the rebound and reached $324 million at the end of last year.
More

Charity watchdog flags symphony's fiscal troublesRestricted Content

May 5, 2012
ISO says Charity Navigator failed to account for endowment money that should have kept it off "deep trouble" list.
More

Indiana United Ways get $3.15M for storm recovery

March 22, 2012
Associated Press
The Lilly Endowment is giving a $3.15 million to the Indiana Association of United Ways to help southern Indiana recover from recent tornadoes and other storms.
More

City-County Council member gives salary to local library

February 21, 2012
Steve Talley will donate his council salary over the next four years, which totals about $52,000, to launch an endowment through the Indianapolis Public Library Foundation in honor of his late wife, Donna.
More

Symphony challenges complicate CEO searchRestricted Content

February 18, 2012
Kathleen McLaughlin
Indianapolis Symphony Orchestra trustees are seeking a new leader who can help reverse three consecutive years of seven-figure budget deficits, raise $100 million to replenish its endowment and motivate staff working for reduced pay.
More

Pulliam trust plans to boost giving for environment

December 15, 2011
Kathleen McLaughlin
Starting with a $1 million grant to Marian University's EcoLab, the Nina Mason Pulliam Charitable Trust plans to start giving a greater share of its money to environmental groups.
More

Eiteljorg Museum lands $17.1M donation

November 10, 2011
Kathleen McLaughlin
The museum will put the money, its largest gift ever, toward boosting its endowment and adding an array of interactive features in its galleries.
More

Global micro lender Grameen ramps up in IndianapolisRestricted Content

August 6, 2011
Low-income women could receive loans in weeks.
More

Local foundation joins forces with national grantmaker

May 7, 2011
 IBJ Staff
Atlanta-based organization has $1.3 billion in assets.
More

Riley Children's Foundation picks up Purdue development official

March 5, 2011
 IBJ Staff
Robin Bellinger was a member of the management team for “The Campaign for Purdue,” which raised $1.7 billion.
More

Arts endowments bouncing backRestricted Content

January 1, 2011
Kathleen McLaughlin
The stock market’s recovery has lifted endowments that provide major support to local arts groups, but managers are keeping the conservative attitude they were forced to adopt two years ago.
More

IMA searching for executive to lead big capital campaign

June 26, 2010
Kathleen McLaughlin
The Indianapolis Museum of Art is gearing up for a major campaign and will create a senior management position in fundraising. CEO Maxwell Anderson said the national search for a “chief development officer” coincides with strategic planning that will result in a capital campaign for a still-unspecified amount.
More

Women's Fund sets $20 million goal for endowment

April 10, 2010
Kathleen McLaughlin
The Women's Fund of Central Indiana recently completed an endowment drive that raised $7 million, making the endowment one of the largest of its kind in terms of assets.
More

Universities spare fund-raisers amid budget cutsRestricted Content

March 27, 2010
Kathleen McLaughlin
The IU Foundation recently cut 18 of 201 staff members but nonetheless is looking at adding reinforcements in fund raising.
More
Page  1 2 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT