Philanthropy

School foundations step up to pay for programs as funding dries upRestricted Content

January 2, 2010
Kathleen McLaughlin
The Washington Township Schools Foundation on the north side is among those that wants to raise money for buildings and other high-cost needs.
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Ruth Lilly remembered for 'selfless' giving

December 31, 2009
Andrea Muirragui Davis
Lilly, 94, who died Wednesday, gave away hundreds of millions of dollars of her fortune during her lifetime.
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Eli Lilly and Co. heiress Ruth Lilly dies at 94

December 31, 2009
Associated Press
Over the course of her life, the last surviving great-grandchild of pharmaceutical magnate Eli Lilly gave away much of her inheritance.
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Expected flurry of charity mergers fails to materialize

December 26, 2009
Kathleen McLaughlin
Observers offer various explanations for the lack of mergers, including that staff and budget cuts have left many not-for-profits without the manpower or time for due diligence.
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Symphony ousts maestro, reports historic budget gap

December 26, 2009
Kathleen McLaughlin
The Indianapolis Symphony Orchestra experienced a year of financial and leadership shocks, as it reported a $2.8 million budget shortfall and abruptly dismissed Music Director Mario Venzago.
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Nature Conservancy nets another $1M for building

December 21, 2009
Kathleen McLaughlin
Lilly Endowment will give The Nature Conservancy in Indiana $1 million for its headquarters building, possibly reducing the need for extensive borrowing.
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Holiday Wish List

December 19, 2009
 IBJ Staff
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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$60M Lilly Endowment grant to fund IU physician research

December 15, 2009
Peter Schnitzler
Indiana University, which has received nearly $600 million from the endowment over the last three decades, will leverage the new gift to increase its scientific discoveries and commercialize life science innovations.
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Cash-strapped mayors may tap owners of tax-exempt propertyRestricted Content

December 12, 2009
Kathleen McLaughlin
A group of mayors led by Tom Henry of Fort Wayne and Greg Ballard of Indianapolis is seeking new sources of revenue to replace the millions they’ll lose because of property tax caps.
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Holiday Wish List

December 12, 2009
 IBJ Staff
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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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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Holiday Wish List

December 5, 2009
 IBJ Staff
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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Airport adds events to draw more people, revenue for vendors

December 5, 2009
 IBJ Staff
One of the first things new airport CEO John Clark said he wanted to do was to squeeze more use—and revenue—out of the new airport terminal’s Civic Plaza space.
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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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NFP of NOTE: Little Red Door Cancer Agency

December 5, 2009
 IBJ Staff
Little Red Door Cancer Agency is committed to serving people with cancer in the greater Indianapolis area and surrounding counties who lack financial means or adequate insurance.
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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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Visions for ailing City Market include arts venue, YMCA

December 3, 2009
Riley Area Development Corp. is pitching the idea of building a performing arts center in the City Market. The YMCA of Greater Indianapolis, meanwhile, is in talks with the city about building a full-service fitness center on the site.
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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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Big donor leaves Indianapolis Museum of Art board

November 28, 2009
Kathleen McLaughlin
The Indianapolis Museum of Art is losing endowment revenue at the same time prominent donor Wayne Zink, CEO of Endangered Species Chocolate, has resigned from the board.
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University of Indianapolis education center receives $7.5 million

November 28, 2009
 IBJ Staff
Lilly Endowment Inc. gave another $7.5 million to a team of education experts at the school's Center of Excellence in Leadership of Learning.
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Holiday Wish List

November 28, 2009
 IBJ Staff
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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Salvation Army kettles going high-tech

November 23, 2009
Andrea Muirragui Davis
The Salvation Army of Indiana soon will test a swipe-card option for curbside donations to its annual "Tree of Lights" fund-raising campaign.
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NFP of NOTE: Heritage Place of Indianapolis Inc.

November 21, 2009
 IBJ Staff
Heritage Place of Indianapolis Inc. provides older adults with comprehensive and coordinated human services to encourage and promote healthy lifestyles, independence, well-being and quality of life.
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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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