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Philanthropy
Paid boards spur not-for-profit debate: Critics: If directors won't give time, who will?
April 17, 2006
Andrea MuirraguiIndianapolis-based USA Funds is a large, complex organization, and members of its governing board are busy people. Same goes
for the NCAA, another local not-for-profit with a national reach, a nine-figure budget and directors who are anything but
professional volunteers. The two organizations have one key difference, though: USA Funds pays its board members. The NCAA
does not. "It's simply the nature of the world," said Norm Lefstein, an Indiana University law professor who chairs the compensation
committee at student-loan...
MoreTax forms not dependable as only source of NFP data:
April 10, 2006
Andrea MuirraguiNot-for-profit organizations' tax filings can provide a wealth of information, from big-picture data like annual revenue and
expenses to nitty-gritty details, including the CEO's salary. But drawing conclusions-or trying to compare organizations-based
only on the IRS Form 990 is difficult at best. First off, not all tax-exempt organizations are required to file tax returns.
Groups with less than $25,000 in annual revenue are exempt from filing, as are all churches and many other religious institutions.
And among those that do...
MoreCOMPEN$ATION CLASH: Complexity boosts not-for-profit pay, but should work be its own reward?
April 10, 2006
Andrea MuirraguiAt least two large Indianapolis not-for-profits have been investigated-and cleared-as part of an Internal Revenue Service
examination of compensation practices at tax-exempt organizations. Preliminary results of the nationwide inquiry aren't expected
until fall, but the scrutiny already has increased the volume in an ongoing debate over how not-for-profit executives should
be paid. Some observers have called for setting limits on not-for-profit compensation, citing the charitable nature of the
work. Others insist sixor seven-figure pay packages are not out of line...
MoreCream, sugar, social awareness: Fair-trade coffee firm looks beyond profits
February 27, 2006
Matthew KishWhen one considers the new company pays about 40 percent more for its raw product than do its non-fairtrade competitors-and
it gives roughly $1 from every bag it sells back to the farmers who produce the coffee beans-it might seem like the McLeans
are destined for drinking macchiatos in the poorhouse. But the couple didn't build Advance Interface Solutions into a successful
business by accident. And Beans for Better Life, their foray into the cappuccino craze, is hardly reckless. Local...
MoreVIEWPOINT: Follow 3 C's of strategic charitable giving
December 19, 2005
Brian PayneYou do your best every day to make smart decisions about how you and your family members spend money. You know a haphazard
approach to your personal finances isn't efficient or effective, and you rely on common sense and planning to help you make
smart spending decisions. I suggest you apply that thoughtful approach to your charitable giving, whether you're a veteran
philanthropist or someone who seldom does more than throw a few coins in a kettle. In fact, I...
MoreERODING FOUNDATION: Endowment's assets fall with Lilly stock; heavy sale of shares dim chances for rebound
December 12, 2005
Scott OlsonEndowment's assets fall with Lilly stock; heavy sale of shares dim chances for rebound Wall Street is chipping away at Indianapolis'
most-venerable philanthropic institution. The value of Lilly Endowment's primary asset-Eli Lilly and Co. shares-has dropped
by more than half since 2000, forcing leaders to sell additional shares in order to give away hundreds of millions of dollars
as required each year. Still, the privately run endowment remains a major Eli Lilly shareholder, with nearly 148 million shares
of the company's...
MoreRallying around charity: Local event teaches next generation the value of giving
November 21, 2005
Tracy DonhardtWoodard's two eldest children, Taylor and T.J., check in new arrivals as other family members slap vinyl decals on the cars
lining up along Bearcat Alley for this year's Van Riper Woodard Family Foundation charity road rally. Finally, at precisely
8:56 a.m., Woodard waves the green flag for the team from public broadcaster WFYI, which drew the pole position. The other
teams depart one by one, every 60 seconds. For the next eight hours, the competitors will make their way...
MoreUtility fund-raising effort takes heat for opt-out strategy: Critics say customers should be asked if they want to contribute
to Operation Round Up-or any charity
October 3, 2005
Andrea MuirraguiThe concept is a noble one: By rounding their bills up to the nearest dollar, utility customers can turn pennies into a philanthropic
windfall for a worthy cause. Indeed, Operation Round Up programs at nearly 250 electric cooperatives nationwide-including
22 in Indiana-have collected more than $50 million for charity since the fund-raising effort began in 1989. But some observers
question the method most participating utilities use to get their members involved. Rather than being asked to give, residential
and commercial...
MoreGivers should be smart as well as generous, experts say: Do your homework before donating to any cause
September 26, 2005
Ed CallahanCharitable giving often is a spur-of-themoment thing, particularly if it's a response to a disaster. Still, charitable groups,
relief agencies and financial advisers say a little thought before making a donation is a good idea. Giant disasters such
as Hurricane Katrina jolt many people into trying to help, often with no particular idea beyond simply doing something. However,
some types of help are more helpful than others. Properly following the rules of charitable giving can provide a tax benefit.
It...
MoreIndianapolis responds to Katrina devastation:
September 5, 2005
Andrea MuirraguiLocal philanthropic response to the epic disaster was almost immediate. Television and radio stations alike urged central
Indiana audiences to make donations at dozens of collection sites, and the Salvation Army's Indiana Division broke out its
red kettles to help. The corporate community also responded. Gifts made by IBJ's deadline include: Indianapolis-based Eli
Lilly and Co. said it will contribute $1 million to the American Red Cross and match all contributions made by its U.S. employees.
Lilly also will give...
MoreMore not-for-profits try for-profit ventures ______: Mission, not money, should be motivation, observers say
July 25, 2005
Andrea MuirraguiFinding money for the agency's burgeoning hunger-relief and job-training programs was difficult, and additional growth would
only add to the challenge. So leaders asked themselves an increasingly common question: "What else can we do?" And like a
growing number of its not-forprofit peers in Indianapolis and elsewhere, Second Helpings thinks it has the answer in a for-profit
venture. Using part of a $250,000 grant from Lilly Endowment Inc. and the expertise developed in seven years of preparing
and delivering meals...
MoreScammer targets local trust: E-mail scheme seeks data from Pulliam grant recipients
July 18, 2005
Andrea MuirraguiAn Internet scammer borrowed the identity of a high-profile local foundation this month, blasting out an error-riddled e-mail
message that solicited personal information from former grant recipients. Leaders of the Nina Mason Pulliam Charitable Trust
responded by sending its own e-mail to all 2,400 individuals on its electronic contact list, instructing them to disregard
the fake missive that promised a $2.5 million grant. Fallout from the so-called phishing attack appears to be minimal so far,
trust CEO Harriet M. Ivey...
MoreEmployers promoting fitness: To battle steep insurance costs, businesses help employees get healthier
July 11, 2005
Julie GoldsmithWearing a pedometer, Kelly Dircksen treads 2,000 or so steps a day at the office, racking up her highest counts in her treks
to the photocopier. Her 2-1/2-mile daily goal entails after-work walks, as well. The 34-year-old quoting specialist said her
company pays 50 percent of any fitness-related costs for her and her family, including a Weight Watchers program, running
shoes for her kids, and the entry fee for her son's marathon. "I'm definitely healthier," said Dircksen, who celebrates incremental...
MoreState plays wait, see: Indiana likely to follow federal lead regarding oversight of charities
July 4, 2005
Andrea MuirraguiAs the national conversation about improving not-for-profit oversight gains volume, Indiana's top charity watchdog is tuning
in-while he considers whether to join the cacophony. Attorney General Steve Carter convened an informal group of advisers
to weigh in on the topic last year, ultimately pushing for changes in state law that give him more ways to deal with abuses
in the sector. Now he's content to let federal efforts play out before determining what more can be done to keep the...
MoreCharitable sector rides on road to recovery: Giving makes big jump for the first time since 2000
June 20, 2005
Andrea MuirraguiAmericans gave more money to charity last year than ever before, signaling a return to the pre-9/11 philanthropic heyday.
Contributions were up 5 percent, to $248.5 billion-the first significant increase after adjusting for inflation since 2000.
"Things have been kind of flat," said Eugene Tempel, executive director at the Center on Philanthropy at Indiana University.
"This ... tells us things are getting a little stronger. This is a good sign." Researchers at the center compile data each
year and write...
MoreTAKING A GAMBLE: Charity poker fund-raisers risk running afoul of the law
June 13, 2005
Andrea MuirraguiWhen it comes to charity poker in Indiana, players and organizers alike need to know more than when to hold 'em and when to
fold 'em. They also need to know whether they're walking-or running-away from a legal game. Poker's growing popularity has
given rise to a veritable jackpot for aficionados nationwide. In Indiana, where wagering is only allowed at state-sanctioned
riverboat casinos, many of those who want more than a home game are finding action at tournaments that benefit...
MoreWomen's group aims to pool philanthropic resources: High hopes for first year: two $125,000 grants to local charities
June 6, 2005
Andrea MuirraguiThey want to make a difference-a significant, six-figure difference in a world where progress often comes $100 at a time.
By this time next year, the dozen women at the core of a new philanthropic effort hope to have found 100 or more like-minded
individuals willing to open their hearts and their checkbooks to help the central Indiana community. Modeled after similar
initiatives in Cincinnati and Pensacola, Fla., the idea behind Impact 100 Greater Indianapolis is simple enough: get 100...
MoreNot-for-profits affect state's bottom line: Health organizations account for more than half of state's not-for-profit workers
June 6, 2005
Tracy DonhardtreporterFrom 2000 to 2003, a period during which the state experienced an overall decline in jobs, employment in the notfor-profit
sector grew. That finding, among others, is part of a study of not-for-profit employment in the state, and an update of a
report issued two years ago, by Indiana University's Center on Philanthropy, IU's School of Public and Environmental Affairs,
and Johns Hopkins University. The 5-percent increase in not-for-profit employment, compared with a 6-percent decline in the
for-profit sector, suggests...
MoreNot-for-profit looks for way to continue its operations: Broad support must replace CILC's sole funding source
May 30, 2005
Andrea MuirraguiIt was supposed to be short-lived, an agency created solely to help Indiana schools tap emerging videoconferencing technology
for distance learning. But a funny thing happened on the way to the virtual field trip. "We found it really wasn't about the
technology. It was about what you do with the technology," said Ruth Blankenbaker, executive director of the Indianapolis-based
Center for Interactive Learning and Collaboration. "If you don't have a reason to use it, what's the point?" Teachers had
to...
MoreHIGHER (cost of) EDUCATION: Students' college burden continues to rise in Indiana
May 23, 2005
Andrea MuirraguiWith state funding flat and operating expenses rising, Indiana's public universities are turning to a familiar source to make
up the difference-students. Tuition and mandatory fees at state institutions are set to climb an average of 5 percent next
school year and higher in 2006-2007, if proposed rates stand. That's a far cry from the double-digit increases most universities
imposed just a few years ago, but observers say it's worrisome nonetheless. "Tuition has been rising at twice the rate of...
MoreMission to Mexico to promote business: City officials, corporate leaders to take part in trip
April 18, 2005
Katie MaurerMost Hoosiers visiting Mexico spend their time on the beaches of Cancun, Cabo San Lucas or Puerto Vallarta. But this fall,
an excursion of a different kind will take local business and civic leaders south of the border to explore new opportunities
for commerce and trade with Mexico. The week-long mission, scheduled for early September, is the brainchild of Sergio Aguilera,
Mexico's consul general for Indianapolis. He hopes that exposing Hoosiers to all facets of Mexican life-from government and
the...
MoreSweet Spot: Local philanthropists plan $15M chocolate facility on Indianapolis' north side
March 28, 2005
Stacey McArthurLocal philanthropists plan $15M chocolate facility on Indianapolis' north side Two local philanthropists have bought 51 percent
of Endangered Species Chocolate Co., based in Talent, Ore., and plan to move production of the company's gour met dark chocolate
to Indianapolis. Randy Deer and Wayne Zink, founders of the Back Home Again Foundation, paid $3 million in January for majority
control of Endangered Species and plan to invest another $15 million in a manufacturing facility and new marketing strategy.
"We wanted a...
More'Placemaking' finds champion: CICF to invest millions into quality-of-life enhancement
March 21, 2005
Andrea MuirraguiCentral Indiana Community Foundation is making a multiyear, multimillion-dollar commitment to help find ways to make Hoosiers'
habitat a home. The Inspiring Places initiative, which is to be unveiled to foundation stakeholders March 22-23, aims to improve
the region's quality of life by rallying around the idea that vibrant public spaces create vibrant communities. But more than
warm feelings are at stake, said CICF President and CEO Brian Payne. "More and more, a city's economic development success
revolves around its...
MoreGERALD BEPKO Commentary: Chicago World's Fair is model for Indiana
March 14, 2005
Cities seem to progress in stages with moments of decline, growth, exceptional energy, and, at times, a sense of destiny.
For many years, Indianapolis has been a city on the move, a little like Chicago in 1893 when it hosted a World's Fair. Chicago
sought to shed its frontiertown image and establish itself as a city of global consequence. It beat out New York, St. Louis
and Washington, D.C., for the right to host the fair. In hosting it, Chicago...
MoreTraining agency slashes government reliance: Not-for-profit turns to private donations for funding
March 7, 2005
Andrea MuirraguiTalk about a turnaround. An Indianapolis not-for-profit that once relied on government money to pay for most of its programs
has found a way to do what many others wish they could-diversify its revenue stream as public funding dries up. In less than
five years, work-force development agency Training Inc. has ended a decades-long dependence on government grants and contracts.
"We had to reinvent ourselves in order to survive," said former Director Joyce Duvall, who left this month after more...
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So, am I now eating at Patachou or a Shake Shack?
Does the IBJ have any fact to backup their assertion that Steak n Shake is changing their branding? Or are trying to compete with the Star on how many stories they can get incorrect??
The NCAA has the authority to sanction an entire school if a single player is caught receiving unauthorized gifts. In the case of Penn State an assistant coach was sentenced to life in prison after being convicted of numerous felonies on campus, and members of the administration have been charged with covering it up. To suggest that the NCAA had no reason to get involved is laughable.
This image is of a trade show booth, not a retail store. I'm sure no one in their branding brain trust would really make their retail stores look like a second-label jeans brand from JCPenney. I would bet it's done at way so attendees know the ownership of the updated concept. (I have to say, tho, glad they appear to be losing affinity to the 50's drive-in idiom they were toying with post-Young & Laramore...)
I absolutely love the new sign. I've hated Steak N Shake for years now, but this new sign will make me eat there frequently!