Foundations

Historic Landmarks to announce move, name change

April 12, 2010
Kathleen McLaughlin
Historic Landmarks Foundation of Indiana is expected to announce Tuesday that it will move its headquarters to the Old Centrum at 12th Street and Central Avenue in Indianapolis.
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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.
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Butler University basketball player Jukes supports students in Uganda

April 10, 2010
 IBJ Staff
Jukes raises money so Ugandan children can attend secondary school through his Jukes Foundation for Kids.
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Retired Junior Achievement exec files defamation suit

April 2, 2010
Kathleen McLaughlin
Former Junior Achievement CEO Jeff Miller says Mayor Greg Ballard was about to hire him as a senior policy adviser, but comments by Central Indiana Community Foundation President Brian Payne and current CEO Jennifer Burk ruined the offer.
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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.
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Lilly Endowment's assets drop more than foundation peers

March 24, 2010
Andrea Muirragui Davis
Once the nation’s wealthiest foundation, Indianapolis-based Lilly Endowment now ranks ninth among its grant-making peers. The endowment’s value fell 15 percent last year, to an estimated $4.8 billion.
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Contractors seek answers over Junior Achievement project

March 18, 2010
Kathleen McLaughlin
The Central Indiana Community Foundation has stopped payment on a $3 million grant to Junior Achievement because of accounting questions.
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Community Health Network Foundation names new CEO

March 15, 2010
 IBJ Staff
Michele Thomas Dole has been a wealth adviser at JP Morgan Chase and development director of the IU Foundation.
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Indiana University Foundation lays off 18 staffers

March 12, 2010
 IBJ Staff and Associated Press
The cuts, both in Bloomington and Indianapolis, come as part of an effort to trim $2.4 million from the fund-raising group's $26 million operational budget.
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Market surge doesn't lift Lilly EndowmentRestricted Content

March 6, 2010
Kathleen McLaughlin
Lilly Endowment's resistance to diversify its holdings reached a new height last year, as it failed to sell a single share of the underperforming Eli Lilly and Co. stock while the broader market surged.
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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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Kiwanis hires IU Foundation's chief fund-raising officer

February 13, 2010
 IBJ Staff
Matthew Morris will oversee fund raising for the world service project that Indianapolis-based Kiwanis will announce in June.
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Lilly Endowment gives another $6 million to ISU institute

January 25, 2010
 IBJ Staff
Philanthropic giant has gifted $29 million since 2003 to fund research and education in financial services.
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Death of heiress Ruth Lilly unleashes more philanthropy

January 9, 2010
Kathleen McLaughlin
Lilly's death on Dec. 30 at age 94 will trigger the release of hundreds of millions of dollars from her estate, with perhaps as much as $200 million flowing to the fledgling Ruth Lilly Charitable Foundation.
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Parks Foundation gets $7.3M Lilly Endowment grant

December 10, 2009
Scott Olson
Lilly Endowment Inc. has awarded the Indianapolis Parks Foundation a $7.3 million grant to fund improvements that include a new pool at Bethel Park on the near-southeast side.
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Lilly Endowment gives International Center $500,000 for 2010

December 5, 2009
 IBJ Staff
The not-for-profit will use the money to fund existing programs, such as the U.S. State Department's International Visitor Leadership Program, and begin new ones.
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Carroll Award winner Dodson helps less fortunate weather adversity

December 5, 2009
Sam Stall
Entrepreneur earmarks 10 percent of profits for charity, honors well-run not-for-profits.
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Indiana Historical Society lands $2M for new exhibits

December 4, 2009
Kathleen McLaughlin
Dubbed the "Indiana Experience," the exhibits represent the first ticketed tourist attraction at the society's headquarters building.
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Lilly Endowment grant extends jobs program

December 1, 2009
A $2.3 million grant awarded by Lilly Endowment Inc. on Monday will enable the Indianapolis Private Industry Council to continue a jobs program through 2011.
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Lilly Endowment boosts emergency fund by $1M

November 18, 2009
Kathleen McLaughlin
The fund has helped more than 6,000 households in six counties pay for housing, utilities and food.
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CICF lost more than its foundation peers in '08

November 10, 2009
Kathleen McLaughlin
The $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year in which it saw greater losses than many of its peers.
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Wishard receives $6 million gift from Fairbanks

November 3, 2009
The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.
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Polis Center's Spirit and Place Festival wants place on your schedule

October 31, 2009
 IBJ Staff
The civic festival Spirit and Place, which runs Nov. 5-16, has been a fixture of the fall season since 1996, but organizers are still trying to explain to Indianapolis residents what it’s all about.
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Lilly Endowment has made few changes despite massive fall in valueRestricted Content

May 18, 2009
Kathleen McLaughlin
Lilly Endowment lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What's different about the Indianapolis-based endowment is that its most recent loss caps a downward slide that's lasted eight years.
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Women's Fund narrows its focusRestricted Content

April 13, 2009
Katie Maurer
Critical endowment has lost half its value during slump
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  1. I could be wrong, but I don't think Butler views the new dorm as mere replacements for Schwitzer and or Ross.

  2. An increase of only 5% is awesome compared to what most consumers face or used to face before passage of the ACA. Imagine if the Medicaid program had been expanded to the 400k Hoosiers that would be eligible, the savings would have been substantial to the state and other policy holders. The GOP predictions of plan death spirals, astronomical premium hikes and shortages of care are all bunk. Hopefully voters are paying attention. The Affordable Care Act (a.k.a Obamacare), where fully implemented, has dramatically reduced the number of uninsured and helped contained the growth in healthcare costs.

  3. So much for competition lowering costs.

  4. As I understand the proposal, Keystone would take on the debt, not the city/CRC. So the $104K would not be used to service the $3.8M bond. Keystone would do that with its share.

  5. Adam C, if anything in Carmel is "packed in like sardines", you'll have to show me where you shop for groceries. Based on 2014 population estimates, Carmel has around 85,000 people spread across about 48 square miles, which puts its density at well below 1800 persons/sq mi, which is well below Indianapolis (already a very low-density city). Noblesville is minimally less dense than Carmel as well. The initiatives over the last few years have taken what was previously a provincial crossroads with no real identity beyond lack of poverty (and the predictably above-average school system) and turned it into a place with a discernible look, feel, and a center. Seriously, if you think Carmel is crowded, couldn't you opt to live in the remaining 95% of Indiana that still has an ultra-low density development pattern? Moreover, if you see Carmel as "over-saturated" have you ever been to Chicago--or just about any city outside of Indiana?

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