Philanthropy

Cold cash just keeps washing in from ALS challenge

August 27, 2014
Associated Press
Approaching $100 million, the viral ice bucket fundraising campaign for the ailment better known as Lou Gehrig's Disease has put the ALS group into the top ranks for medical charity donations.
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Global group taps local woman to lead Indy chapter

August 25, 2014
Kathleen McLaughlin
Jennifer Burns is looking for a couple of dozen twenty-somethings who, like her, share the lofty goals of the World Economic Forum, the organization that gathers heads of state and CEOs each January in the Swiss mountain town of Davos.
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A love story with Christ Church takes contentious turn

August 23, 2014
Greg Andrews
This is far from the first time that heirs and beneficiaries of the Lilly family fortune have tangled over how it was managed.
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NFP of NOTE: The Progeny Foundation

August 23, 2014
The Progeny Foundation provides academic and athletic development opportunities to local at-risk youth to get them through high school and into college.
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Children’s Museum expands footprint

August 16, 2014
Scott Olson
The Children’s Museum of Indianapolis plans to begin tearing down a nearby apartment building this month and is starting to explore options for the site that could include an outdoor attraction.
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NFP of NOTE: RecycleForce

August 9, 2014
RecycleForce creates a stronger civil society and increases public safety through job creation and recycling.
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Local Goodwill boss McClelland set to retire in mid-2015

August 7, 2014
Andrea Muirragui Davis
After four decades at the helm of Goodwill Industries of Central Indiana, CEO Jim McClelland plans to step down at the end of June.
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NFP of NOTE: American Cabaret Theatre Inc.

July 26, 2014
American Cabaret Theatre elevates and promotes the cabaret art form by presenting the finest in professional cabaret performances and developing the next generation of cabaret artists.
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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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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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