Philanthropy

Wabash College religion center gets $7.8 million

July 22, 2014
Associated Press
The grant will let the center continue programming through 2018. It brings to more than $48 million the total grants the Indianapolis-based Lilly Endowment has given the center.
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NFP of NOTE: Prevail Inc.

July 12, 2014
Prevail educates and engages the community in and around Hamilton County to prevent crime and abuse while helping restore the lives of those who have been affected.
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Former Heartland CEO shifts gaze to distressed neighborhoods

July 9, 2014
 IBJ Staff
Jeffrey Sparks, 63, has joined Indianapolis-based not-for-profit and public policy research group Sagamore Institute as a senior fellow. He stepped down from Heartland Truly Moving Pictures in 2013.
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NFP of Note: Crohn’s & Colitis Foundation of America—Indiana ChapterRestricted Content

June 28, 2014
The Crohn’s & Colitis Foundation of America—Indiana Chapter'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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Damar Foundation hires presidentRestricted Content

June 28, 2014
 IBJ Staff
Richard Markoff comes to the job from IUPUI, where he was a senior adviser to Chancellor Charles Bantz and a visiting lecturer teaching graduate courses in organizational leadership.
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Report: Charitable giving almost back to pre-recession levels

June 17, 2014
Andrea Muirragui Davis
Charitable giving in the United States continues to recover from its recession-induced slump, reaching an estimated $335.2 billion last year, a new study concludes.
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NFP of NOTE: Fletcher Place Community Center Inc.

June 14, 2014
Fletcher Place Community Center eases the suffering of persons who are homeless or living in our southeast-side service area through the compassion of Jesus Christ, as shown by our volunteers, donors and staff.
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AYS founder, CEO steps down after nearly 35 years

June 12, 2014
Andrea Muirragui Davis
The after-school child services group has installed an interim leader while it searches for a replacement for CEO Ellen Clippinger.
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Planned Parenthood employee out after video sting in Indy

June 12, 2014
Allie Nash, The Statehouse File
At a local clinic, an undercover agent for an opposing group asked about sexual role-playing and recorded the conversation. Planned Parenthood officials say the exchange does not reflect their standards or protocols.
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NFP of NOTE: Hawthorne Community Center

May 31, 2014
Hawthorne Community Center provides or facilitates services and programs that meet the economic, financial, social, educational, recreational and civic needs of the entire Hawthorne community, on the near-west side of Indianapolis.
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Indy parks embark on $8 million in upgrades

May 27, 2014
Dennis Barbosa
The Indianapolis Parks Foundation on Tuesday announced a plan to improve 16 parks in Marion County, including the renovation or creation of playgrounds, trails, basketball courts and restrooms.
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UPDATE: Urban League CEO flexible on retirement date

May 22, 2014
Mason King
Civic and business leader Joseph Slash, 70, plans to move on soon, but is willing to wait for the search committee “to get it right.”
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Three Catholic parishes in Indianapolis to close

May 21, 2014
Associated Press
Holy Trinity, Holy Cross and St. Bernadette parishes will be merged into nearby parishes under the changes announced Wednesday by Archbishop Joseph Tobin.
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NFP of NOTE: Hamilton County Leadership Academy

May 17, 2014
Hamilton County Leadership Academy educates and inspires leadership to create a positive impact in our communities.
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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.
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Lilly CEO elected chairman of United Way Worldwide board

May 14, 2014
Associated Press
United Way Worldwide President and CEO Brian Gallagher said John Lechleiter will help strengthen the not-for-profit network's capacity to meet growing human needs around the world.
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Zoo expecting huge boost from $26M orangutan centerRestricted Content

May 10, 2014
Lou Harry
The Simon Skjodt International Orangutan Center opens at the Indianapolis Zoo May 24 (members get a look beginning May 21). And it’s hard to imagine a bigger zoological box-office draw than an octet of expressive, engaged, personality-overflowing primates
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Tradesmen team with voluntters to fix Crooked Creek homesRestricted Content

May 3, 2014
Teams of tradesmen, followed by an army of unskilled volunteers, descended on the Crooked Creek neighborhood in April to fix up 20 homes.
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NFP of NOTE: Little Red Door Cancer Agency

May 3, 2014
Little Red Door Cancer Agency strives to make the most of life and the least of cancer, by reducing the physical, emotional and financial burdens of cancer for the medically underserved residents of central Indiana.
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Notre Dame alumnus donates $75 million to school

May 2, 2014
Associated Press
The donation from alumnus John W. "Jay" Jordan, co-founder of a private-equity firm, is the largest in the school's history, Notre Dame said Friday.
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Lilly Endowment sells Lilly stock for first time since '08

April 29, 2014
 IBJ Staff
Indianapolis-based Lilly Endowment sold 150,000 shares of Eli Lilly and Co. stock on Monday, resuming a short-lived asset diversification plan suspended when stock prices swooned in 2008.
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Julian Center reopening counseling facility

April 25, 2014
Andrea Muirragui Davis
The facility closed last year in the wake of a budget shortfall. Officials now hope to better integrate counseling with services the center provides to victims of domestic violence and sexual abuse.
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Late biologist's estate gives $4.2 million to IU

April 21, 2014
Associated Press
IU said the gifts from the Carlos O. Miller estate now total nearly $5.5 million and fund a faculty chair and a student fellowship.
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NFP of NOTE: Indiana Recycling Coalition

April 19, 2014
Indiana Recycling Coalition supports waste reduction, reuse, composting, and recycling activities in Indiana.
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Charitable giving firm sees surgeRestricted Content

April 5, 2014
Andrea Muirragui Davis
An increasingly popular philanthropic tool is driving growth at locally based Renaissance Administration LLC, almost tripling its business over the last five years.
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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

  3. Clearly, there is a lack of a basic understanding of economics. It is not up to the company to decide what to pay its workers. If companies were able to decide how much to pay their workers then why wouldn't they pay everyone minimum wage? Why choose to pay $10 or $14 when they could pay $7? The answer is that companies DO NOT decide how much to pay workers. It is the market that dictates what a worker is worth and how much they should get paid. If Lowe's chooses to pay a call center worker $7 an hour it will not be able to hire anyone for the job, because all those people will work for someone else paying the market rate of $10-$14 an hour. This forces Lowes to pay its workers that much. Not because it wants to pay them that much out of the goodness of their heart, but because it has to pay them that much in order to stay competitive and attract good workers.

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  5. It is sad to see these races not have a full attendance. The Indy Car races are so much more exciting than Nascar. It seems to me the commenters here are still a little upset with Tony George from a move he made 20 years ago. It was his decision to make, not yours. He lost his position over it. But I believe the problem in all pro sports is the escalating price of admission. In todays economy, people have to pay much more for food and gas. The average fan cannot attend many events anymore. It's gotten priced out of most peoples budgets.

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