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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. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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