Philanthropy

Pulliam Trust sponsors support for addictsRestricted Content

March 2, 2009
The recovery experts at Fairbanks Alcohol and Drug Treatment Center last year launched a recovery management program, thanks to a $200,000 grant from the Nina Mason Pulliam Charitable Trust.
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DeHaan's Christel House plots high school, foreign growthRestricted Content

February 23, 2009
J.K. Wall
Christel House Academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, with classes starting in the 2010-2011 school year.
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NFP of NOTE: Indianapolis Art Center

February 23, 2009
The Indianapolis Art Center works to engage, enlighten and enhance our communities through art education, participation and observation.
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Cookie revenue spread thinRestricted Content

February 23, 2009
Ever wondered, as you shell out $3.50 for each of those precious boxes of cookies, how much cash goes directly to the Girl Scout troop?
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Turn-of-century building could be saved from demolitionRestricted Content

February 23, 2009
The Salvation Army is rethinking a request to demolish a historic home it owns next to its headquarters at Michigan and Alabama streets.
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Family foundations represent nearly $1 billion in Hoosier assetsRestricted Content

February 16, 2009
Kathleen McLaughlin
Although family foundations may grant as little as $50,000 in a year, these foundations wield influence over other philanthropists, and one advocate says they could help guide the spending of billions of economic stimulus money.
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Pacers Foundation keeps givingRestricted Content

February 16, 2009
The Pacers Foundation Inc. eclipsed more than $700,000 in giving in 2008, according to Pacers Foundation Executive Director Jami Marsh.
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Not-for-profit governance needs to be taken seriouslyRestricted Content

February 9, 2009
Michael Alerding
Many boards of directors have not taken to heart their responsibilities, opting instead for the easier route of trusting management and operating personnel.
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IMA wins key grant for labRestricted Content

February 9, 2009

The Indianapolis Museum of Art is one step closer to establishing its first conservation science lab, which Conservator-in-Charge David Miller said would put the IMA on par with museums in New York, Chicago and Boston—at least in terms of technology.

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IU scores with 'Philanthropy 50' giftsRestricted Content

February 9, 2009
Two Indiana businessmen, Michael Maurer and the late Jesse Cox, made the Philanthropy 50 with enormous gifts to Indiana University in 2008.
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Grant-makers, stung by market crash, favor safety-net causes, discourage new applicantsRestricted Content

February 2, 2009
Kathleen McLaughlin
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams toward pressing needs brought on by the recession.
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Women's Fund backs home for teen girlsRestricted Content

February 2, 2009
A group of volunteers who hope to open a home for pregnant teens will soon hire an executive director, thanks to a $25,000 grant from Women's Fund of Central Indiana.
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NFP of NOTE: FACE Spay/Neuter Clinic

January 26, 2009
FACE Spay/Neuter Clinic strives to end pet overpopulation in Indianapolis through high-volume, low-cost, and high-quality spay/neuter surgeries.
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Second Helpings closes catering armRestricted Content

January 26, 2009
Local caterers will have one less competitor in 2009, after Second Helpings closed its for-profit catering arm, Just Cause.
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Martin University needs cashRestricted Content

January 26, 2009
Martin University needs to raise $1.26 million to restore its campus from December flooding caused by a burst pipe—in addition to $1 million the predominantly black school was already trying to raise in order to shore up its fragile finances.
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Dome roof finds new lifeRestricted Content

January 26, 2009
The salvage operation surrounding the old RCA Dome's fabric roof has taken on a life of its own. Portions of the 13-acres of Teflon-coated dome material saved when the stadium was demolished is going to a variety of uses, including Dome Bags, a line of purses and wallets.
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Theater companies multiply, but audiences don'tRestricted Content

January 19, 2009
Kathleen McLaughlin
New theaters have popped up in Indianapolis and around the United States in recent years, adding to communities' cultural vitality. But a first-of-its-kind national study reveals a trend that could spell trouble: As theaters multiplied, the overall audience shrank.
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Hands-on lab teaches students personal financeRestricted Content

January 19, 2009
Kathleen McLaughlin
When middle school students arrive at Junior Achievement's "Finance Park," they've been learning for weeks about financial institutions, taxes, and budgeting. They should be ready to take on a hypothetical life scenario, complete with assigned salary and number of children, and go to work on a budget.
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Penrod suspect had past brushes with the lawRestricted Content

January 12, 2009
Kathleen McLaughlin
As an accounting student at Ball State University, Brandon J. Benker had a thirst for high-stakes gambling. But that didn't keep Benker from landing a job with an Indianapolis accounting firm, or serving as treasurer of The Penrod Society, a local not-for-profit that now alleges he took every penny of the $380,000 in its account.
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NFP of NOTE: Christamore House Family and Community Center

January 12, 2009
In partnership with the communities of Marion County, Christamore House is dedicated to improving the quality of life for individuals and families through diverse educational, recreational, social and health programs.
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Local Dress for Success hires new executive directorRestricted Content

January 12, 2009
Barbara S. Ellsworth, formerly the director of an Evansville women's shelter, is the new leader of Dress for Success Indianapolis.
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Unable to pay bills, callers flood hotlineRestricted Content

January 5, 2009
Needy families responded en masse to the news that local charities received a $3.2 million infusion to help cover basic needs, according to a follow-up survey by Connect2Help.
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Grant from racecar driver will rescue thoroughbredsRestricted Content

January 5, 2009
A group of thoroughbred lovers concerned about the horses' futures spend every weekend during the summer racing season at Hoosier Park.
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Give to children's charities at the holidaysRestricted Content

December 22, 2008
Morton Marcus
As this year closes, you have an opportunity to help causes that help children.
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Indy-art-loving lawyer pays studio rent for artistsRestricted Content

December 22, 2008
Paul Hunt, a partner with Barnes & Thornburg, recently decided to pay seven months' studio rent for two artists at Harrison Center for the Arts. And the Columbia Club on Monument Circle is looking for new members.
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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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