Philanthropy

City bans bulk land-bank sales after lopsided deal with not-for-profit

November 3, 2012
Cory Schouten
Indianapolis last year sold 154 properties from its land bank for $1,000 each to a novice not-for-profit, which immediately flipped them for a total $500,000 profit. More than a dozen have changed hands multiple times since then, making investors more than $1 million. (with interactive map)
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Anti-hunger groups tap Six Sigma gurus for guidanceRestricted Content

November 3, 2012
Dan Human
Members of the Indy Hunger Network knew it would take discipline when they set the goal of feeding 185 million meals every year—27 million more than they do now—by 2015.
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NFP of NOTE: Partnerships for Lawrence

November 3, 2012
Partnerships for Lawrence, aka the Lawrence Art Center, is a champion for the arts in Lawrence.
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Clowes to get $2M upgrade for 50th anniversary

October 30, 2012
Kathleen McLaughlin
Clowes Memorial Hall at Butler University will get a $2 million makeover that will involve replacing 2,200 seats and carpeting, Butler announced Tuesday.
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Katie Betley throws herself into community serviceRestricted Content

October 27, 2012
Katie Maurer
Whether she’s working with the Indianapolis Zoo, the United Way of Central Indiana or Butler University, Katie Betley is a constant presence in civic circles, a whirling dervish of volunteerism and can-do spirit.
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Church caught up in nightmare after life insurance scheme soursRestricted Content

October 27, 2012
Kathleen McLaughlin
The Lindberg Road Church of Christ in Anderson has filed for bankruptcy protection because of a failed plan to finance construction on its properties. The plan involved buying life insurance on elderly members, with the intent to sell the policies later on the secondary market.
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Zoo building impressive fundraising recordRestricted Content

October 27, 2012
Dan Human
The Indianapolis Zoo has reeled in $25 million of the $30 million it’s seeking for a capital campaign that will pay for a new orangutan facility, among other projects.
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ISO must raise $5M in less than four months, according to dealRestricted Content

October 20, 2012
Dan Human
The Indianapolis Symphony Orchestra has until Feb. 3, 2013, to collect $5 million—almost as much as it typically raises in a full year--or its five-year agreement with its musicians that’s set to kick in the following day will be nullified.
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University endowments are digging out of deep holeRestricted Content

October 20, 2012
Dan Human
Indiana college endowments have surged back since the recession, but three-quarters closed the 2011 fiscal year below where they were when the market crashed.
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NFP OF NOTE: Indianapolis Chamber Orchestra

October 20, 2012
 IBJ Staff
The Indianapolis Chamber Orchestra’s mission is to advance and promote music composed for the small orchestra through professional concert performances and education programs.
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Local Easter Seals CEO to retire after 32 years

October 18, 2012
James Vento, president and CEO of Easter Seals Crossroads, is retiring after 32 years at the helm of the Indianapolis-based agency, the not-for-profit said Wednesday.
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City robotics center aims to spark interest in STEM careers

October 10, 2012
Chris O'Malley
TechPoint Foundation for Youth is seeking a site and support for a new program intended to get students interested in careers involving science, technology, engineering and math.
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Another symphony contract deadline passes without a deal

October 8, 2012
Dan Human
Indianapolis Symphony Orchestra musicians’ contract negotiations remain stalled and another week of concerts has been canceled after a Saturday deadline passed with no resolution.
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Small charity eases struggles of breast cancer patientsRestricted Content

October 6, 2012
Dan Human
With volunteer leader Nancy Shepard at the helm, IWIN Foundation has distributed $875,000 in grants to breast cancer patients. Recipients have ranged in age from 18 to 90.
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NFP of NOTE: Perry Senior Citizens Services

October 6, 2012
 IBJ Staff
Perry Senior Citizens Services's mission is to maintain and enhance the lives of Perry Township's senior citizens.
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DePauw gets $25M for dining hall, scholarships

October 4, 2012
Associated Press
A Colorado couple who both graduated from DePauw University have donated $25 million to the private liberal arts college to build a new dining hall and to endow need-based scholarships.
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ISO asking for fewer concessions, sets Saturday deadline

October 2, 2012
Dan Human
Indianapolis Symphony Orchestra executives have given musicians until 6 p.m. Saturday to decide on a contract offer that asks for significantly fewer concessions than previous proposals. But musicians say the offer is unacceptable due to an escape clause.
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Symphony donors question giving amid contract dispute

September 29, 2012
Dan Human
The ailing Indianapolis Symphony Orchestra intends to step up annual donations 40 percent. But many longtime donors feel conflicted about future contributions as they await word on whether the ISO will scale back to part time.
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Tempel picked as dean for IU's new philanthropy school

September 28, 2012
Dan Human
Gene Tempel, president and CEO of the Indiana University Foundation since 2008, has been appointed the first dean of IU’s new School of Philanthropy, the university announced Friday.
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Charity watchdogs at odds with IUPUI professorRestricted Content

September 22, 2012
Dan Human
IUPUI economics professor Richard Steinberg stands by his philanthropic theory, despite seeing his fundraising principles speared by a charity watchdog group and then by a cable news network. At issue is his belief that charities are justified in spending heavily on fundraising, because doing so positions them for long-term success.
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NFP of NOTE: Down Syndrome Indiana Inc.Restricted Content

September 22, 2012
Down Syndrome Indiana Inc. is dedicated to enhancing the lives of individuals with Down syndrome.
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Symphony standoff might fray local supportRestricted Content

September 15, 2012
Dan Human
The Indianapolis Symphony Orchestra’s decision to cancel the first two weeks of its season and lock out musicians could carry long-term risks in alienating subscribers and donors, observers say.
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Higher ed commission OKs IU philanthropy school

September 14, 2012
Kathleen McLaughlin
The university believes its School of Philanthropy will be the first in the world. The school will offer bachelor's, master's and doctoral degrees.
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Grant takes Conner Prairie to frontier of science education

September 8, 2012
Dan Human
Conner Prairie Interactive History Park has been awarded a $2.3 million grant from the National Science Foundation, to find ways to encourage history museums to incorporate the often unpopular and intimidating fields of science, technology, engineering and math into their offerings.
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NFP of NOTE: Storytelling Arts of Indiana

September 8, 2012
Storytelling Arts of Indiana promotes the art and use of storytelling in everyday life.
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  1. On my rental property, before tax caps, I was paying $2,000/yr in property taxes. After the tax caps I'm paying $4,000/yr. How exactly am I "benefiting the most"?

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