Foundations

IU, Lilly Endowment plan 'major' announcement

January 10, 2012
 IBJ Staff
Top officials from Indiana University and its Kelley School of Business are set to make a “major” announcement Wednesday afternoon likely involving a gift from the Lilly Endowment.
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City-County councilor, two others indicted in scheme to defraud

December 21, 2011
Francesca Jarosz
A City-County Council member and two associates persuaded an Indiana physician to invest $1.7 million in their foundation and an ethanol-production business they said would fund it, but instead spent the money on personal luxuries, according to a federal indictment filed late Tuesday.
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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.
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Lilly Endowment gives $4.9M for teaching fellowships

December 14, 2011
J.K. Wall
Indianapolis-based Lilly Endowment Inc. is giving another big gift to help fund the Woodrow Wilson National Fellowship Foundation, which prepares career changers and college graduates to teach math, science, engineering and technology in rural and urban schools.
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Grant-makers adapt to post-recession normalRestricted Content

December 3, 2011
Kathleen McLaughlin
After the financial crisis of 2008, foundations in Indiana and across the country set up special relief funds for their communities. Ongoing support for the one formed in Indianapolis is just one sign of how the poor economy is still influencing grant-makers’ decisions.
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Junior Achievement lawsuit swells with defendantsRestricted Content

December 3, 2011
Kathleen McLaughlin
The defamation case filed by former CEO Jeffrey Miller now has 17 defendants, many of whom are accused of posting disparaging comments on websites.
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Foundation steps up plans to help teens in foster careRestricted Content

November 26, 2011
Kathleen McLaughlin
The Care for Kids Foundation, which has its roots in raising money for the former Children’s Guardian Home, will recruit its first class of 14-year-olds this summer for a four-year program called Opportunity Rox.
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Verizon gives $400,000 to Indiana not-for-profits

October 14, 2011
About half the amount will go to domestic violence agencies, including the Indiana Coalition Against Domestic Violence, Domestic Violence Network of Greater Indianapolis and The Julian Center.
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Retired Colt launches effort to expand his youth foundation

October 12, 2011
Anthony Schoettle
Former all-pro offensive lineman Tarik Glenn has taken over the presidency of D.R.E.A.M. Alive to become more active in day-to-day operations.
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Biocrossroads lands $2.8 million Lilly Endowment grantRestricted Content

October 8, 2011
 IBJ Staff
The advocate for the state's life sciences industry has now pulled in more than $25 million from the endowment.
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NFP of NOTE: TechPoint Foundation For YouthRestricted Content

October 8, 2011
TechPoint Foundation For Youth believes that youth should be equipped to address our state’s growing demand for a skilled work force.
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Coca-Cola program features Simon Youth FoundationRestricted Content

October 1, 2011
 IBJ Staff
The local supporter of alternative high schools across the country hopes the soft-drink maker's rewards program will score national exposure.
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Local tech company supports educationRestricted Content

September 24, 2011
 IBJ Staff
ExactTarget plans to start a private foundation in 2012 that will support charities working on childhood hunger, education and entrepreneurship.
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Columbia Club nudges aside one foundation, forms secondRestricted Content

September 19, 2011
Kathleen McLaughlin
The Columbia Club has formed a not-for-profit, the Columbia Club Historic Preservation Foundation, to preserve its 1924 building on Monument Circle. The 28-year-old Columbia Club Foundation already exists for the same purpose, and its fate is now unclear.
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State fair foundation sets up fund for victims

August 15, 2011
Kathleen McLaughlin
Hoosiers have already given thousands of dollars to the Indiana State Fair to help victims of Saturday's stage collapse.
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United Way turns to coupons to lure donors

August 12, 2011
Kathleen McLaughlin
In a promotion fit for the economy, United Way of Central Indiana will try to lure donors by offering them access to discounts from national and local retailers.
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Timmy Foundation changes name to reflect global reachRestricted Content

July 30, 2011
 IBJ Staff
The organization that organizes medical teams to serve overseas is now called Timmy Global Health.
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Pro athletes' charities often have limited life spansRestricted Content

July 23, 2011
Kathleen McLaughlin
Wealth and fame often lead professional athletes to share their success in the charitable arena, but those efforts rarely last much longer than their careers as the organizations struggle to survive in an already-crowded philanthropic field.
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Wabash lands $6.2M grant from Lilly Endowment

July 14, 2011
Associated Press
Wabash College is getting a $6.2 million grant to boost a center's efforts to support professors who teach religious studies or theology.
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Chatham Arch neighborhood builds community parkRestricted Content

July 2, 2011
 IBJ Staff
Chatham Commons, at the northeast corner of East and St. Clair streets, includes walking paths, a pergola, brick benches, plantings and a Tom Otterness sculpture that was part of a public art exhibit here in 2005.
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Christian foundation sees donations soarRestricted Content

June 25, 2011
Kathleen McLaughlin
A local Christian foundation is pulling in donations at such a rapid clip that it could double in size this year.
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Peyton Manning's foundation doubles givingRestricted Content

June 4, 2011
 IBJ Staff
The PeyBack Foundation made its largest grant distribution to date, with $800,000 going to 147 organizations in Indiana, Louisiana and Tennessee.
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Lilly Endowment’s value holds steady at $5.3 billion

June 3, 2011
Scott Olson
Eli Lilly and Co. stock, which accounts for 91 percent of the endowment’s assets, was worth nearly $4.8 billion at the end of 2010, a 2-percent drop over the previous year.
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Local foundation joins forces with national grantmaker

May 7, 2011
 IBJ Staff
Atlanta-based organization has $1.3 billion in assets.
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Adviser reaped unusual fee from Health FoundationRestricted Content

April 30, 2011
Kathleen McLaughlin
Throughout a two-decade relationship with client Health Foundation of Greater Indianapolis, money manager Columbus Circle Investors paid a finder’s fee to the foundation’s consultant, Cooke Financial Group in Indianapolis.
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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