Foundations

Reeve Foundation backs athletes with disabilitiesRestricted Content

March 16, 2009
The Reeve foundation is supporting the Brawlers this year with a $16,645 grant to Rehabilitation Hospitals of Indiana Sports Program.
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Kresge Foundation grants $1.5M to Children's MuseumRestricted Content

March 2, 2009
A $1.5 million Kresge Foundation grant will help The Children's Museum of Indianapolis close in on its $74 million fund-raising goal.
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A merger of education and artRestricted Content

March 2, 2009
The Mind Trust, an Indianapolis-based not-for-profit that supports education reform, is sponsoring an art show March 6 at the Harrison Center for the Arts.
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Family foundations represent nearly $1 billion in Hoosier assetsRestricted Content

February 16, 2009
Kathleen McLaughlin
Although family foundations may grant as little as $50,000 in a year, these foundations wield influence over other philanthropists, and one advocate says they could help guide the spending of billions of economic stimulus money.
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Arts leaders brainstorm for new funding streamsRestricted Content

February 9, 2009
Kathleen McLaughlin

A panel convened by IBJ discusses the lack of funding dilemma and need for broad-based support in the Indianapolis arts community.

 

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Grant-makers, stung by market crash, favor safety-net causes, discourage new applicantsRestricted Content

February 2, 2009
Kathleen McLaughlin
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams toward pressing needs brought on by the recession.
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Library foundation to launch $10,000 prize for HoosiersRestricted Content

February 2, 2009
Indiana has its share of renowned dead writers, but the Indianapolis-Marion County Library Foundation is planning to recognize modern-day Hoosier scribes with a new and quite hefty prize.
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Women's Fund backs home for teen girlsRestricted Content

February 2, 2009
A group of volunteers who hope to open a home for pregnant teens will soon hire an executive director, thanks to a $25,000 grant from Women's Fund of Central Indiana.
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Donation helps establish grief counseling for kidsRestricted Content

December 22, 2008
This fall, Brooke's Place used a $100,000 gift from the Levin Living Trust to start individual counseling.
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BKD Foundation establishes 'dream' fund for disabledRestricted Content

December 8, 2008
With a $10,000 gift from the BKD Foundation, Damar will establish the BKD Dream Fund and award small grants to families for things like a vacation to Disney World or a fishing trip to Michigan.
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Dry cleaner's fight against sons' rare disease could lead to other life-saving treatmentsRestricted Content

July 21, 2008
Anthony Schoettle
Nathan's Battle Foundation, led by Phil Milto--who has two sons afflicted with the disease--has evolved over 10 years into what Milto calls a not-for-profit biotech company that has raised money and guided research that resulted in a promising treatment for Batten disease. Now, some of the gene therapy techniques researchers developed are being applied to other disorders.
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Simons poised to give estate to IURestricted Content

May 12, 2008
Cory Schouten
Billionaire philanthropists Mel and Bren Simon are laying the groundwork to donate Asherwood--their extravagant Carmel estate and golf course--to the Indiana University Foundation, potentially to house a new think tank. The couple plans to downsize into a home just outside the town square in the nearby Village of WestClay.
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Simon family donates $40M to Riley

November 14, 2007
A $40 million gift from the Simon family to Riley Hospital for Children will help finish a new 10-story in-patient building and launch a fund-raising campaign, Riley Children's Foundation announced this morning.
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Endowments on rise for small not-for-profitsRestricted Content

October 22, 2007
Wendy Gould
Leaders of small not-for-profits often are so concerned with day-to-day survival that they have little--if any--time to worry about saving for the future. A growing number of local organizations are bucking that trend, taking a proactive approach to build an endowment its leaders hope will result in more stable, predictable income.
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High-profile, high-dollar gifts put Fairbanks Foundation among philanthropic eliteRestricted Content

August 21, 2006
Victoria D. Williams
The charitable organization awarded 84 grants totaling nearly $22 million in 2005. Already this year, it has announced another $24.5 million in high-profile, high-dollar gifts that will ensure the Fairbanks name isn't forgotten.
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