Philanthropy

2014 Health Care Heroes: Timmy Global Health

March 6, 2014
Tom Harton
Community Achievement in Health Care Finalist
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Not-for-profit hoping to grow microloan program

May 26, 2012
Scott Olson
Small amounts of funding often ignored by larger banks.
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Fundraising starts slowly for Indiana student loan programRestricted Content

August 13, 2011
Andrew Smith
The slow economy is hurting progress on an endowment that would help pro bono lawyers repay debt.
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Global micro lender Grameen ramps up in IndianapolisRestricted Content

August 6, 2011
Low-income women could receive loans in weeks.
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Indiana manufacturing sector clawing its way backRestricted Content

April 2, 2011
Scott Olson
Factories are adding jobs, but returning to pre-recession levels will be a long slog.
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IU Foundation buys Indiana Landmarks' canalside offices

March 7, 2011
Kathleen McLaughlin
The Indiana University Foundation will move its Indianapolis staff from an office on North Meridian Street.
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Carp czar has huge task of fighting invasive fishRestricted Content

November 20, 2010
Marc D. Allan
John Goss, a Hoosier who helped create the Great Lakes Compact to conserve water, is coordinating federal, state attack.
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Glick Eye Institute designed to mesh architectural styles, ophthalmology researchers

May 8, 2010
Norm Heikens
The new home for the Eugene and Marilyn Glick Eye Institute that’s rising from the ground at IUPUI must do a lot of things well.
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Women's Fund sets $20 million goal for endowment

April 10, 2010
Kathleen McLaughlin
The Women's Fund of Central Indiana recently completed an endowment drive that raised $7 million, making the endowment one of the largest of its kind in terms of assets.
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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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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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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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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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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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Vera Bradley gives another $10M to IU cancer center

November 12, 2009
 IBJ Staff
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
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Catholic-owned builder edges into IndianapolisRestricted Content

November 7, 2009
Norm Heikens
When Sisters of St. Francis Health Services Inc. bought Tonn and Blank Construction Co. in 1998, more than one employee of the Michigan City firm wondered what it would be like to be run by a Roman Catholic order that not only owned a string of Midwestern hospitals but also traced its spiritual heritage to a 12th century mystic.
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Citizens Energy donates land to baseball not-for profit

November 5, 2009
Citizens has donated 28 acres of land from its former Citizens Gas & Coke Utility site on the southeast side of Indianapolis to Play Ball Indiana for the development of a youth sports complex.
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Wishard receives $6 million gift from Fairbanks

November 3, 2009
The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.
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Lilly Endowment gives $10M to improve charities' facilities

October 26, 2009
Kathleen McLaughlin
Lilly Endowment will give United Way of Central Indiana $10 million to replenish its capital improvement program, which helps not-for-profit agencies repair and upgrade their buildings.
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New not-for-profit coffee shop in Fletcher Place will raise money for charities

October 24, 2009
 IBJ Staff
The new coffee shop named for Calvin Fletcher, one of the city's first lawyers, will give money to groups such as Second Helpings.
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Gregory & Appel celebrates anniversary by writing 125 checks to charity

October 24, 2009
 IBJ Staff
The awards of $500 each total $62,500. “In lieu of doing a party, it was more appropriate and more the corporate culture of Gregory & Appel to do something charitable,” Vice President Steve Appel said.
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NFP of NOTE: NPower Indiana

October 24, 2009
 IBJ Staff
NPower Indiana’s mission is to provide reduced-cost technology consulting and training to not-for-profits throughout Indiana.
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Food banks try to stock more fruits and vegetables

October 24, 2009
Kathleen McLaughlin
Many hunger-relief charities area trying to get their hands on more fresh produce. It’s not an easy task. Second-rate and leftover fruit and vegetables abound, but the distribution network is fragmented.
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Two Indianapolis companies offer pro bono work to not-for-profits

October 17, 2009
 IBJ Staff
Fund-raising consultant Achieve will provide a year of free coaching or consulting. Advertising and public relations firm TrendyMinds is also accepting applications. The Achieve grant for coaching is valued at $2,000, while the grant for consulting is worth as much as $12,000.
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NFP of NOTE: Flanner House of Indianapolis Inc.

October 10, 2009
 IBJ Staff
Flanner House of Indianapolis Inc.’s mission is to support the community on the near northwest side of Indianapolis by providing early childhood education, senior services, employment and social services programs.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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