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. “This is not the year to be wide open,” Central Indiana Community Foundation President Brian Payne said. Two major funds under the CICF umbrella, the Indianapolis Foundation and the […]
The Indiana House Ways and Means Committee has endorsed a bill to fund local road projects. The bill, which was approved on a 15-8 party-line vote, would give $800 million from the lease of the Indiana Toll Road to cities, towns and counties. Democrats say the bill would create thousands of new jobs, but critics […]
There’s no doubt that Gov. Mitch Daniels, lawmakers and school officials will cash the check when Indiana receives its share of a federal stimulus package making its way through Congress. Daniels and legislators began this session expecting to have little new money to spend over the next two years, but now the state and its […]
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.
Real estate holdings of the nonbank-branch variety are growing fast on bank balance sheets.
The unfinished eight-story luxury condo building at 707 E. North St. is on track to get a reluctant new owner: Cincinnati-based Fifth Third Bancorp. The stalled Beilouny Luxury Properties development near Massachusetts Avenue could join dozens of properties-from undeveloped residential lots to half-vacant office buildings-to land on the books of banks during one of the […]
Bill Wisniewski, a salesman from Munster, has shed 86 pounds in the past year with help from the “Ready, Set, Walk” campaign run by the INShape Indiana program. The 56-year-old said INShape’s e-mail tips helped him set a routine and work through pain as he ramped up to walking 70 minutes a day. As the […]
President Barack Obama’s economic stimulus bill provides a big opportunity for the Indianapolis-based Indiana Health Information Exchange to spread its expertise around the country. The organization created a company called Mergetics Inc. last year to help other cities set up health information networks similar to the Indiana Health Information Exchange. Obama’s bill, as it currently […]
Most lawmakers say the biggest issue before the Indiana General Assembly this year is passing a balanced budget during tough economic times. But there are a few hot topics that some legislators also want addressed this session. They include taking the next step toward amending caps on property tax bills into the state constitution, starting […]
Fall Creek Academy is among a growing number of high schools that enroll their students to take classes at colleges, earning
credit toward both a high school and a college degree.
State and local governments in Indiana aren’t known for pouring tax money into so-called progressive causes. Private money often has to step in. A shining example is the $15 million Gene and Marilyn Glick gave to the Indianapolis Cultural Trail, a $50 million alternative-transportation project that’s getting most of its money from the private sector. […]
With commuter trains stuck at the proverbial station despite decades of studies, a businessled coalition is barreling forth with its own plan to study multimodal transportation and related land use. The newly formed Central Indiana Transit Task Force won’t stop at studying opportunities to link rail and buses in the metro area. It will also […]
A tight job market helped ITT Educational Services Inc. post financial results this morning that would make most public companies envious. For the period ending Dec. 31, the Carmel-based technical school operator reported fourth quarter revenue of $279.8 million, up from $230.4 million the same period the prior year. ITT posted a $63 million profit […]
Three out of 16 charter school sponsored by Mayor Greg Ballard spent more money than they took in during their most recent fiscal year, according to a report the city released this morning. Fountain Square Academy, Christel House Academy and Indianapolis Lighthouse Charter School all overspent revenue during the 12 months ended June 30, dipping […]
A tight job market helped ITT Educational Services Inc. post financial results this morning that would make most public companies envious. For the period ending Dec. 31, the Carmel-based technical school operator reported fourth quarter revenue of $279.8 million, up from $230.4 million the same period the prior year. ITT posted a $63 million profit […]
Three out of 16 charter school sponsored by Mayor Greg Ballard spent more money than they took in during their most recent fiscal year, according to a report the city released this morning. Fountain Square Academy, Christel House Academy and Indianapolis Lighthouse Charter School all overspent revenue during the 12 months ended June 30, dipping […]
Cincinnati-based PDS Biotechnology Corp. will get $2 million from the state’s 21st Century Research and Technology Fund to move its headquarters and laboratory to Indiana. Founded in 2005, the “semi-virtual” company has four employees now; it anticipates ramping up operations over the next five years, eventually employing more than 50, CEO Frank Bedu-Addo said this […]
Last fall, BioCrossroads named Leonard J. Betley—chairman of the Richard M. Fairbanks Foundation, the Regenstrief Foundation
and the Walther Cancer Foundation—its inaugural Life Sciences Champion of the Year. IBJ recently caught up with Betley to get his thoughts on the latest life sciences developments and gauge the climate
for fund raising.
It’s the best of times and the worst of times for Indianapolis recycling firms. On the one hand, public interest and participation
in recycling programs have never been stronger. On the other, the industry’s capacity to turn all that trash into treasure
rarely has been weaker.
Democrats think they’ve seized on a flaw in the State of the State address Mitch Daniels delivered Jan. 14: The Republican governor, who spent much of his first term focusing on business issues, didn’t unveil a jobs package to rekindle the state’s economy. House Speaker Pat Bauer, a Democrat from South Bend, took advantage of […]
