Charitable groups for youths land $55M to boost financial stability

Indianapolis-based Lilly Endowment Inc. is awarding nearly $55 million in grants to 13 area organizations that serve children and young adults to help them solidify their financial footing and long-term sustainability.

The grants totaling $54.7 million range in value from $1 million to $7.5 million, the endowment announced Wednesday. They’re intended to help the groups establish their own endowments, update technology and facilities, strengthen staff recruitment and retention, and improve efforts to engage volunteers and donors.

“We hope that the sustainability grants will build resiliency so that these organizations can better weather unexpected and adverse funding changes,” said Ronni Kloth, the endowment’s vice president for community development, in a media release.

The organizations are undercapitalized for the scope and volume of services they provide, according to the endowment. The sustainability grants are not expected to replace the need for ongoing operating funds for providing day-to-day support and services to clients.

The 13 organizations are:

— 100 Black Men of Indianapolis Inc., $1.2 million

— Big Brothers Big Sisters of Central Indiana Inc., $7.5 million

— Boy Scouts of America Council, $7.5 million

— Boys and Girls Clubs of Indianapolis Inc., $7.5 million

— Child Advocates Inc., $5 million

— College Mentors of Kids Inc., $2.5 million

— Community Alliance for the Far Eastside Inc., $3.5 million

— Girl Scouts of Central Indiana Inc., $7.5 million

— Girls Incorporated of Greater Indianapolis, $2.5 million

— Happy Hollow Children’s Camp Inc., $1 million

— Jameson Inc., $2.5 million

— Junior Achievement of Central Indiana Inc., $5 million

— Kids Voice of Indiana Inc., $1.5 million

This is the fifth group of grants the endowment has made since 2015 to bolster the long-term sustainability plans of charitable organizations based in central Indiana. Through this effort the endowment has made grants to 62 organizations totaling $382.7 million.

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