Foundations

Defining the Indianapolis Cultural TrailRestricted Content

May 4, 2013
Lou Harry
After more than a decade of planning, The Indianapolis Cultural Trail will have its official ribbon cutting May 10 with a coming-out party on May 11. And that’s when boosters and skeptics alike will be watching to see what exactly Indianapolis is going to do with its difficult-to-grasp landmark.
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Allegations add ugly chapter to Meadows renaissanceRestricted Content

April 20, 2013
Greg Andrews
The Marion County Prosecutor's Office late last month charged the former executive director of the Meadows Community Foundation with corrupt business influence and seven counts of theft.
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Butler lands $10M grant for sciences expansion

April 3, 2013
 IBJ Staff
Butler University has received a $10 million grant from the Richard M. Fairbanks Foundation to help the school expand its sciences efforts, Butler announced Wednesday morning.
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More than $2M going to Indy animal welfare efforts

January 8, 2013
Associated Press
Animal welfare groups in Indianapolis will receive more than $2 million from three foundations to provide spay-and-neuter services and help stray and abandoned animals.
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Beautification group gets boost from Lilly EndowmentRestricted Content

January 5, 2013
Keep Indianapolis Beautiful will use the money for 2013 operating expenses.
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Parks foundation gets $10M from Lilly Endowment

December 17, 2012
 IBJ Staff
The Indianapolis Parks Foundation has received a record-setting $10 million grant from the Lilly Endowment to upgrade 13 parks in Marion County, the foundation announced Monday.
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Yakey takes new role at Lilly Endowment

December 11, 2012
 IBJ Staff
The Lilly Endowment has named former Indianapolis Economic Development Corp. president Wallace "Ace" Yakey Jr. as the vice president for community development, the Indianapolis grant maker announced Tuesday.
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NFP of NOTE: Kiwanis Foundation of Indianapolis Inc.

November 17, 2012
The mission of the Kiwanis Foundation of Indianapolis Inc., on behalf of the Kiwanis Club of Indianapolis, is to build a better community through charitable giving and service projects that focus on youth in the Indianapolis area.
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Pulliam Trust awards $2.1 million to Indiana not-for-profits

November 15, 2012
Dan Human
The Nina Mason Pulliam Trust spread the grants across two dozen not-for-profits in human services, animal and nature protection, and community enrichment.
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City robotics center aims to spark interest in STEM careers

October 10, 2012
Chris O'Malley
TechPoint Foundation for Youth is seeking a site and support for a new program intended to get students interested in careers involving science, technology, engineering and math.
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Small charity eases struggles of breast cancer patientsRestricted Content

October 6, 2012
Dan Human
With volunteer leader Nancy Shepard at the helm, IWIN Foundation has distributed $875,000 in grants to breast cancer patients. Recipients have ranged in age from 18 to 90.
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Lacy Foundation names new president

August 16, 2012
Jill S. Lacy succeeds Margo Lacy Eccles, who served in that role for more than 30 years before her death June 25. She is married to Peter Lacy, Andre Lacy's youngest son and nephew of Margot Eccles.
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Lilly Endowment gift aimed at Walker Theatre renovation

July 17, 2012
Lilly Endowment's $500,000 gift will help fund needed maintenance to the historic building on Indiana Avenue. Center directors say the theater needs a new HVAC system, in addition to electrical wiring, lighting and sound equipment.
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City parks foundation chooses new president

July 10, 2012
Dan Human
The Indianapolis Parks Foundation has selected Tanya Husain as its new president, the group announced Monday. Husain will replace retiring parks foundation president Cindy Porteous.
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Report: Charitable donations ticked up in 2011

June 19, 2012
Dan Human
Charitable giving grew 4 percent nationally in 2011, but the increase was less than 1 percent after adjusting for inflation, according to a report released Tuesday by the Giving USA Foundation and The Center on Philanthropy at Indiana University.
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NFP of NOTE: Crohn's and Colitis Foundation, Indiana Chapter

June 16, 2012
Crohn’s and Colitis Foundation's mission is to cure Crohn's disease and ulcerative colitis, and improve the quality of life of children and adults affected by these diseases.
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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.
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Community foundations recovering from recessionRestricted Content

May 19, 2012
Many have bounced back and report asset levels that exceed their 2007 highs.
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NFP of NOTE: Cornea Research Foundation of AmericaRestricted Content

May 19, 2012
The Cornea Research Foundation of America is a not-for-profit clinical research organization dedicated to the preservation and restoration of vision.
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Funding challenges sideline not-for-profit award programRestricted Content

April 14, 2012
Kathleen McLaughlin
The Indiana Achievement Awards is going on what organizers called a “sabbatical,” though its return isn’t guaranteed. The change is the result of a loss in grant funding for all not-for-profit programs at the IUPUI Solution Center, which organized the awards.
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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.
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Foundations try to tap grain farmers' wealthRestricted Content

March 10, 2012
Kathleen McLaughlin
The average price Indiana farmers received for a bushel of corn reached a high last August of $7.18, nearly twice as much as the prior year. That kind of windfall tends to benefit farm-equipment sales, but it could also lead to more charitable giving.
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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.
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Indianapolis Parks Foundation leader plans retirement

February 7, 2012
Kathleen McLaughlin
The Indianapolis Parks Foundation will start looking this week for a replacement for President Cindy Porteous, who plans to retire after 12 years at the not-for-profit.
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Lilly Endowment gives $6.6m to public policy institute

January 19, 2012
Kathleen McLaughlin
Lilly Endowment is giving $6.6 million to support a new fundraising campaign by Indiana University's Public Policy Institute.
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  1. So as I read this the one question that continues to come to me to ask is. Didn't Indiana only have a couple of exchanges for people to opt into which were very high because we really didn't want to expect the plan. So was this study done during that time and if so then I can understand these numbers. I also understand that we have now opened up for more options for hoosiers to choose from. Please correct if I'm wrong and if I'm not why was this not part of the story so that true overview could be taken away and not just parts of it to continue this negative tone against the ACA. I look forward to the clarity.

  2. It's really very simple. All forms of transportation are subsidized. All of them. Your tax money already goes toward every single form of transportation in the state. It is not a bad thing to put tax money toward mass transit. The state spends over 1,000,000,000 (yes billion) on roadway expansions and maintenance every single year. If you want to cry foul over anything cry foul over the overbuilding of highways which only serve people who can afford their own automobile.

  3. So instead of subsidizing a project with a market-driven scope, you suggest we subsidize a project that is way out of line with anything that can be economically sustainable just so we can have a better-looking skyline?

  4. Downtowner, if Cummins isn't getting expedited permitting and tax breaks to "do what they do", then I'd be happy with letting the market decide. But that isn't the case, is it?

  5. Patty, this commuter line provides a way for workers (willing to work lower wages) to get from Marion county to Hamilton county. These people are running your restaurants, hotels, hospitals, and retail stores. I don't see a lot of residents of Carmel working these jobs.

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