Philanthropy

Not-for-profit wins $80K prize

August 29, 2009
 IBJ Staff
College Mentors for Kids won $80,000 in products and services from a host of local companies in the Indy Business Makeover Competition. The winner was selected from among 10 finalists through online voting.
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Harrison Ford to consult on Indianapolis Prize

August 29, 2009
 IBJ Staff
The $100,000 Indianapolis Prize, given every other year for achievement in animal conservation, said novelist and Miami Herald columnist Carl Hiaasen and actor Harrison Ford will be co-chairs for the September 2010 award.
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Humane Society eyes city for $3M clinic

August 27, 2009
Kathleen McLaughlin
The Humane Society of Indianapolis is shopping for donors to support construction of a $3 million spay/neuter clinic in the Fountain Square area.
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Homeless youth ministry wins promo video

August 24, 2009
 IBJ Staff
The local video production company Bennett Innovations will donate a $25,000 custom video to Outreach Inc., a Christian organization that ministers to homeless youth.
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Private colleges group launches search for next chief executive

August 24, 2009
 IBJ Staff
Independent Colleges of Indiana has launched a national search for its next CEO after Hans Giesecke left to lead a college in Greece.
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Western art buyers gear up for Eiteljorg show

August 17, 2009
 IBJ Staff
The museum's annual sale for collectors, one of its biggest annual fund-raisers, is seeing strong advance registration. The Eiteljorg also has a new head of fund-raising.
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Little Red Door names new leader

August 11, 2009
Kathleen McLaughlin
The Little Red Door cancer agency has hired Fred Duncan, the chief fund-raiser at the Indianapolis Museum of Art, as its new executive director, the not-for-profit announced today.
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New Junior Achievement chief hopes to reach more kidsRestricted Content

August 10, 2009
Kathleen McLaughlin
The new CEO of Junior Achievement of Central Indiana, Jennifer Burk, said she has ideas for reinvigorating the base of corporate supporters and reaching more students with entrepreneurship programs.

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United Way calling on well-heeled to dig deepRestricted Content

August 10, 2009
Kathleen McLaughlin
After so many years of trying to tap every possible cubicle-dweller for donations, United Way of Central Indiana is putting more effort into the richest veins in the workplace—the folks in corner offices.
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Charities gear up to provide school supplies, clothes

August 10, 2009
 IBJ Staff
Two local organizations are trying to outfit thousands of kids before Indianapolis-area schools begin classes in August.
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Penrod Society sues ex-treasurer for $380,000

August 3, 2009
Kathleen McLaughlin
The Penrod Society has filed a lawsuit against former treasurer Brandon Benker, seeking to recover more than $380,000 it alleges he embezzled last year.
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Penrod Society sues ex-treasurer for $380,000

August 3, 2009
Kathleen McLaughlin
The Penrod Society has filed a lawsuit against former treasurer Brandon Benker, seeking to recover more than $380,000 it alleges he embezzled last year.
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New Franklin College office to help not-for-profits recruit volunteers

August 3, 2009
 IBJ Staff
Franklin College has a new office that helps Johnson County not-for-profits develop Web sites and recruit volunteers. The Nonprofit Resource Center was sparked in part by the lack of volunteer coordination during the summer floods of 2008.
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Arts festivals feel financial pinchRestricted Content

August 3, 2009
Kathleen McLaughlin
Art-show organizers are getting creative to keep their events alive as they struggle to attract sponsors and participating artists.
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Eli Lilly CEO, wife give United Way $1M gift

July 28, 2009
Kathleen McLaughlin
Eli Lilly and Co. CEO John Lechleiter and his wife, Sarah, have pledged to give the United Way of Central Indiana a total of $1 million over the next four years as a “challenge to CEOs and other community leaders to step up their giving.”
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Eli Lilly CEO, wife give United Way $1M gift

July 28, 2009
Kathleen McLaughlin
Eli Lilly and Co. CEO John Lechleiter and his wife, Sarah, have pledged to give the United Way of Central Indiana a total of $1 million over the next four years as a "challenge to CEOs and other community leaders to step up their giving."
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Clients flee advisory firm for not-for-profitsRestricted Content

July 27, 2009
Kathleen McLaughlin
WorkPoint, an Indianapolis firm entrusted to handle finances for not-for-profits, has lost several clients in the past 12 months, and all for the same reason—missing money.
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Second Helpings replaces gala with 'Harvest at Home' eventRestricted Content

July 27, 2009
 IBJ Staff
Second Helpings has moved its fundraiser to its near east-side food pantry and slashed prices in recognition of the economic climate.
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Riverside course proceeds support preschoolRestricted Content

July 20, 2009
Kathleen McLaughlin
One of the city’s golf course operators, Bob Thompson, has donated his earnings from two facilities to a single charitable cause the past 15 years.
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Humane Society offering 2-for-1 special on catsRestricted Content

July 20, 2009
 IBJ Staff
Humane Society of Indianapolis has been running adoption specials that have people lining up outside the Michigan Road shelter on weekends.
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State arts commission budget down 20 percentRestricted Content

July 13, 2009
Kathleen McLaughlin
A 20-percent budget reduction for the Indiana Arts Commission will affect as many as 400 grant-dependent organizations across the state. The agency’s overall budget will shrink from $4 million in 2009 to $3.2 million for the next two fiscal years.
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Not-for-profits capitalize on Obama's call to serviceRestricted Content

July 13, 2009
Kathleen McLaughlin
President Obama is talking up volunteerism, and some not-for-profits are hustling to make sure they reap the benefits of the high-profile pitch. The Nature Conservancy and Indianapolis-based Kiwanis International were among the first organizations to announce their support of Obama’s summer service initiative, United We Serve, which kicked off June 22 and runs through Sept. 11.
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Greater Indianapolis YMCA has $30M in projects plannedRestricted Content

July 13, 2009
Kathleen McLaughlin
It takes a map of the entire metro area to show all the projects the YMCA of Greater Indianapolis has on its drawing board. The $30 million plan calls for building two brand-new facilities, one in Avon and one in Pike Township; expanding the Fishers YMCA; and building a new outdoor pool in Lawrence.
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Damar Services scores land, ends fund-raising campaignRestricted Content

July 13, 2009
 IBJ Staff
Damar Services has closed its four-year, $6 million capital campaign, thanks to a donation of eight acres of land from South Bend-based Holladay Properties.
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Local ad firm does all-nighter for charities in needRestricted Content

July 6, 2009
 IBJ Staff
Vision3, a local advertising and marketing firm, is offering free creative services to area not-for-profits Aug. 27. Application deadline for Vision3's third annual CreateAthon is July 20.
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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