September 29, 2008
Andrea MuirraguiNearly half the money Indiana foundations gave away in 2005 went to educational organizations-more than twice the rate of
such giving nationally, according to a new study from Indiana University's Center on Philanthropy. All told, the state's independent,
corporate and community foundations awarded $450 million in grants to support education, 47 percent of the $965 million total.
Nationally, about 23 percent of foundation giving goes to education. "My intuition tells me ... foundations are making education
a priority as the...
More
September 22, 2008
Anthony Schoettle, Cory SchoutenStock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers,
retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health
care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.
More
September 8, 2008
Sam StallThese days, many Indianapolis arts organizations barely know where their next dollar will come from. But an innovative
fund-raising model that's found success in other cities might provide that sorely needed cash. In Cincinnati,
a venerable not-for-profit called the United Arts Fund, founded in 1927, stages an annual workplace campaign,
then doles out the bountiful proceeds to local arts organizations.
More
September 1, 2008
Andrea Muirragui DavisSince its origins as the Widows and Orphans Asylum in 1851, the Children's Bureau has been working to
fix broken families in Indianapolis. Now the local not-for-profit has expanded its reach into 37 Indiana
counties--growing its budget 22 percent in the process. But the agency remains focused on Marion County, where it's building
a $9.2 million service center at 16th and Dr. Martin Luther King Jr. streets.
More
August 18, 2008
Jennifer WhitsonSome heavy hitters in the local not-forprofit consulting world have formed Achieve LLC, a company that will use the Internet
to make high-end advice available to small and midsize charities. Its goal is to give organizations experiencing growing pains
access to expert advice they usually can't afford. "The question was, how do you fill that void for smaller not-for-profits?"
said coowner and Vice President Dave Sternberg, former associate director of the Fundraising School at Indiana University's
Center on Philanthropy and...
More
August 18, 2008
Jennifer WhitsonSome heavy hitters in the local not-forprofit consulting world have formed Achieve LLC, a company that will use the Internet
to make high-end advice available to small and midsize charities. Its goal is to give organizations experiencing growing pains
access to expert advice they usually can't afford. "The question was, how do you fill that void for smaller not-for-profits?"
said coowner and Vice President Dave Sternberg, former associate director of the Fundraising School at Indiana University's
Center on Philanthropy and...
More
July 28, 2008
Bruce HetrickA few months ago, after considerable cajoling, my friend Erik convinced me to join yet another online social network. This
one's called Smaller Indiana. It bills itself as "making people and ideas findable." So now, in addition to being "LinkedIn"
with a few hundred of my friends and colleagues past and present, and in addition to being what BusinessWeek calls a "fogey
on Facebook," I'm also a Smoosier-the moniker for Smaller Indiana members. No sooner had I become a Smoosier...
More
July 21, 2008
Anthony SchoettleNathan'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.
More
July 14, 2008
Jennifer WhitsonKathryn Morgan and Richard Cimera met at a dog park in Greenwood, where Cimera's basset hound won over Morgan's shy Labrador
and boxer mix. And the owners soon followed suit, dating and then marrying on June 13. When the Greenwood couple planned their
wedding, they wanted a way to share a bit of their happiness. So, in lieu of party favors, they made a donation to an animal-welfare
organization.
More
June 2, 2008
Jennifer WhitsonFor the first time in decades, the Internal Revenue Service is making a major revision to the way not-for-profits disclose
information about their finances, governance and operations. Coming in the wake of scrutiny from federal lawmakers and regulators
alike, the changes to IRS Form 990 that take effect next year require not-for-profit leaders to provide more information on
executive compensation and potential conflicts of interest, for example. And for the first time ever, most organizations will
be required to file...
More
May 12, 2008
Jennifer WhitsonIn February, Indianapolis' Wheeler Mission Ministries cut non-residential programming to stave off a budget shortfall as donations
flat-lined and more homeless people came through its doors. Now the mission is facing more tough times, projecting as much
as a $500,000 shortfall for the fiscal year that begins June 1. To help close the gap, supporters are kicking off Operation
Restoration, a fund drive they hope will raise $11 million to help the mission expand, pay building debts, and build a...
More
May 5, 2008
Jennifer WhitsonFar from the typical rubber-chicken fund-raiser attended mostly by board members and their friends--Zoobilation, the 22-year-old,
annual black-tie fund-raiser for the Indianapolis Zoo--attracts 4,300 ticket holders eager to spend an evening wining and
dining at the zoo.
More
April 7, 2008
Chris O'MalleySales of specialty license plates benefiting colleges, not-for-profits and other Indiana organizations fell by nearly a third
last year after the state unveiled "In God We Trust" tags as a free alternative to the lime-green pastoral fields plates reviled
by many motorists.
More
April 7, 2008
Brian SullivanIn recent months, our governor and mayors across the state proudly have announced business developments and out-of-state companies'
plans to expand or relocate in Indiana. They've worked overtime to earn these economic boosts, and they're to be congrat ulated
for helping bolster the state and local economy. But we're ignoring a simple strategy that could yield many more high-paying
jobs: Buy local. Here's the irony: Pursuing this strategy doesn't have to cost a dime. No recruiting trips to China, no...
More
March 31, 2008
Mike HicksIt is an election year again, and talk of corporate greed, that stalwart in the lexicon of electioneering, once again fills
the airwaves. An economics columnist usually wouldn't write about matters of sin. But attacks on greed always seem to have
a policy message attached, and that is a big problem for all of us. Formally, corporations cannot be greedy. Corporations,
not being human, cannot feel the weight of sin and so do not exhibit greed any more than they...
More
March 31, 2008
Jennifer WhitsonWith gas prices on the rise-and expected to reach $4 a gallon this summer-local not-for-profits are losing volunteers and
throwing money at skyrocketing transportation budgets. Indianapolis Meals on Wheels Inc. Executive Director Barb Morris is
used to fielding calls from reporters whenever gas prices fluctuate. In the past, she quashed their theory that high prices
at the pump drove away volunteers. Not now, though. "If you'd asked me four or five months ago, I would have said, 'Absolutely
not,'" Morris...
More
February 11, 2008
Brian WilliamsIn the Middle Ages, the French coined a new word that today we would identify as "undertake." Around 1828, this old French
word, "entreprendre" was absorbed into the English language and after some use and m o d i fi c a t i o n s became a word
we recognize and vener ate in our society today ... entrepreneur. As a nation founded and populated by men and women who risked
life and fortune to reach our shores,...
More
December 17, 2007
J.K. WallWhen Jim Cotterill became president of the newly formed Hoosier Christian Foundation in August, it capped off six years of
soul-searching for the Indianapolis entrepreneur. Cotterill represents growing numbers of local business professionals who
have diverted their time and talent to charity and service.
More
December 10, 2007
'Tis the season to help others Don't forget charities when giving If our early December snowfall didn't get central Indiana's
bells jingling, the overflowing mall parking lots should make it clear: Santa Claus is coming to town, and he's bringing plenty
of credit-card-toting elves with him. The National Retail Federation predicts Americans will spend almost $475 billion on
holiday-related purchases this year, up 4 percent from 2006. That's a lot of fruitcake. Our economy could use the boost, no
doubt...
More
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.
More
November 12, 2007
Chris O'MalleyAn Indianapolis not-for-profit has taken one of the most radical approaches yet toward trying to remain relevant to the next
generation and to perpetuate its mission. It's put a 15-year-old on its board of directors.
More
October 22, 2007
Wendy GouldLeaders 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.
More
October 15, 2007
Tracy DonhardtNot everyone is welcoming the launch of an Indianapolis-based not-for-profit, backed by billionaire businessmen, that aims
to curb colleges' discretion in spending donor contributions.
More
September 24, 2007
Chris O\'malleyDuring 1990s Internet mania, some in philanthropic circles had high hopes for online fund raising. After all, if people were
buying books and clothes on the Web, they might just as impulsively click on a not-for-profit's "donate" button. "They always
expected it was really going to take off," recalled Eugene Tempel, director of the Center on Philanthropy at Indiana University.
"But it never did." That may be changing: A new study by the Indianapolis-based center finds that not-for-profits "may be...
More
September 24, 2007
Jami MarshIt probably goes without saying that New Yorkers can be, well, a bit difficult. As a fund-raiser for a NYC-based not-forprofit
for many years, I encountered my fair share of these folks, which is one reason why I really looked forward to coming back
to my home state of Indiana. Having grown up in Indiana, I knew of the kindness and generosity shown to me by neighbors, teachers-even
complete strangers-but I'd never lived and worked here as an adult. More...
More
these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.