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NFP of NOTE: Giving Sum

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Not-For-Profit of Note


Giving Sum
615 N. Alabama St., Suite 119
Indianapolis, IN 46204
Phone: (317) 847-2890
Fax: (317) 860-3232
Web site: www.givingsum.org
Founded: 2008
Paid employees: none (Giving Sum is volunteer-run.)
Highest-paid staff member: not applicable
Top volunteers: founding members Ryan Brady, Darrin Brooks, Lindsay Doucette, Marty Posch

MISSION

Inspire and engage the next generation, mobilizing their passions, talents and resources to support innovative community initiatives.

BOARD OF DIRECTORS

Marty Posch, president
Darrin Brooks, vice president
Randy Henry, treasurer
Ryan Brady, secretary
Lindsay Doucette, founding member

PROGRAMS

Support for innovation: Members contribute $500 to a collective grant fund. They also commit to using their talents and voice to support innovative social benefit ideas. They annually use an objective and democratic process to decide how to allocate $50,000 of financial support, volunteer time and advocacy efforts.

Lunch with Leaders: Giving Sum members sit down with central Indiana's top business, government and not-for-profit leaders. Discussions focus around why that leader gives back to the community and how philanthropy has impacted that leader's life. Lunch discussions are held once per month, usually at the place of the leader's employment.

FUND-RAISER

Ale Yeah! A microbrew festival benefiting Giving Sum, to be held in 2009 on Oct. 10 at the Rathskeller Biergarten. This year's innaugural event, Oct. 11, raised $9,171.

FINANCIAL PROFILE

2007 income: not applicable
2008 income: $60,000
2007 expenses: not applicable
2008 expenses: $57,000
2007 assets: not applicable
Fiscal year begins: Jan. 1

2008 income

Sponsorship: 12.5 percent
Fund-raiser: 12.5 percent
Membership contributions: 75 percent

2008 expenses

Marketing: 3.5 percent
Program supplies: 5 percent
Fundraiser: 3.5 percent
Grant: 88 percent

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  1. These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.

  2. The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)

  3. As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.

  4. The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.

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