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Education causes attract state foundations’ support: Rate of giving outpaces national average 2-to-1

September 29, 2008

Nearly half the money Indiana foundations gave away in 2005 went to educational organizations-more than twice the rate of such giving nationally, according to a new study from Indiana University’s Center on Philanthropy. All told, the state’s independent, corporate and community foundations awarded $450 million in grants to support education, 47 percent of the $965 million total. Nationally, about 23 percent of foundation giving goes to education. “My intuition tells me … foundations are making education a priority as the…

Creativity pays off for firms: Business owners delay projects, seek alternate funding sources

September 29, 2008

Large Wall Street firms with a taste for bad debt aren’t the only institutions weathering a financial storm these days. In a classic case of trickle-down bad news, small businesses are suffering as well. But instead of facing a maelstrom, firms seeking expansion funds and entrepreneurs looking for startup cash are enduring a drought. Access to capital has dried up as spooked banks relentlessly tighten their loan requirements. That translates into greater scrutiny of business plans, bigger demands for collateral…

EYE ON THE PIE: Economic turmoil hinges on ignorance

September 29, 2008

What we don’t know does hurt us. Many builders constructed houses assuming there was a continuing strong market of qualified home buyers. Some mortgage brokers and some bankers gleefully ignored or misrepresented the abilities of home buyers to sustain homeownership. Too many home buyers did not bother to learn what their obligations as homeowners would be. They didn’t know about paying property taxes or how adjustable mortgage rates could escalate beyond their capabilities to meet their monthly payments. The companies…

Donation of Columbus architectural marvel hinges on IMA’s ability to fund endowment

September 22, 2008

Columbus philanthropist J. Irwin Miller’s family is poised to donate his majestic home to the Indianapolis Museum of Art,
provided it can raise millions of dollars to maintain the sprawling Bartholomew County property. IMA board members have given
CEO Maxwell Anderson the go-ahead to seek funding for an endowment to care for the home.

EYE ON THE PIE: Does reliance on property taxes matter?

September 22, 2008

It seemed like a good, simple idea at the time to focus this column on how Indiana taxes compare with those of other states. But that turns out to be more of a job than you might think. For example, which year do we use? The most recent year available from the U.S. Bureau of the Census is 2005-06. But that year won’t work because 12 percent of Indiana’s revenue came from its state highways in 2005-06. Remember, we leased…

Planners to pare down commuter-rail options: Vote for light diesel trains would precede design

September 22, 2008

Goodbye elevated guideway. Goodbye buses zooming down paved-over rail beds. For that matter, forget about commuter trains running down the median of Binford Boulevard and I-69. Or along Allisonville Road or Keystone Avenue. These northeast corridor rapid-transit options, cheered and jeered by residents in the debate over rapid transit, officially get thrown from the train on Sept. 26. That’s if a regional government group votes to accept the recommendation of the Indianapolis Metropolitan Planning Organization for running diesel light rail…

EDITORIAL: Arts, parks need city investment: Amenities keep talent flowing here

September 15, 2008

Arts, parks need city investment Amenities keep talent flowing here Young, well-educated, married people seem to like Indianapolis. That’s one of the pieces of good news that came out of a new IUPUI study that was the subject of a frontpage story in last week’s IBJ. When it comes to young, well-educated singles, we still have a way to go. Indianapolis lags the national average 17 percent. Cities are chasing such young people to keep their communities and economies strong….

Mayor says some of 38 TIF districts have problems, might need reorganization

September 15, 2008

Mayor Greg Ballard worries his predecessor, Bart Peterson, may have overreached with his ambitious tax-increment-financing
district for the last phase of Fall Creek Place. That phase of the renewed urban neighborhood isn’t producing enough revenue
to support its $6.2 million in outstanding bonds. And Ballard is not sure all of Marion County’s 37 other TIF district are
necessary, either.

Getting Hoosiers through college

September 9, 2008

The Indiana Commission on Higher Education rolled out an ambitious goal yesterday â?? to increase the number
of graduates from state-supported colleges and universities by a third within four years.

Indiana isnâ??t plagued by too few high school grads…

Arts fund-raising model not embraced locally

September 8, 2008

These days, many Indianapolis arts organizations barely know where their next dollar will come from. But an innovative
fund-raising model that’s found success in other cities might provide that sorely needed cash. In Cincinnati,
a venerable not-for-profit called the United Arts Fund, founded in 1927, stages an annual workplace campaign,
then doles out the bountiful proceeds to local arts organizations.

EYE ON THE PIE

September 1, 2008

EYE ON THE PIE What projects should public finance? You name it, Rusty Knale will argue against it. We’re at the delicatessen. He buys the hot pastrami on rye. I’m going for the chopped liver on pumpernickel. “I’m wondering,” I say, “if the new Honda plant at Greensburg is going to do more for the people of Indiana than Lucas Oil Stadium in Indy.” “No,” he answers quickly. “Remember that Dean Martin song, ‘Memories are made of this’? How many…

Re-entry key in city’s plot to fight crime

September 1, 2008

Re-entry key in city’s plot to fight crime Mayor makes push, hires director to help more ex-convicts find work Makeba Averitte spent more than seven years incarcerated in Indiana, Kentucky and Oklahoma prisons paying for the robbery he committed as a young man with few prospects. Since his release in 2004, the 32-year-old has obtained a driver’s license and insurance on his automobile, not to mention a bit more wisdom. But what eludes him most-even more so now as a…

State prevention program helps Children’s Bureau enter new areas, lift budget

September 1, 2008

Since its origins as the Widows and Orphans Asylum in 1851, the Children’s Bureau has been working to
fix broken families in Indianapolis. Now the local not-for-profit has expanded its reach into 37 Indiana
counties–growing its budget 22 percent in the process. But the agency remains focused on Marion County, where it’s building
a $9.2 million service center at 16th and Dr. Martin Luther King Jr. streets.

EYE ON THE PIE: What projects should public finance?

September 1, 2008

You name it, Rusty Knale will argue against it. We’re at the delicatessen. He buys the hot pastrami on rye. I’m going for the chopped liver on pumpernickel. “I’m wondering,” I say, “if the new Honda plant at Greensburg is going to do more for the people of Indiana than Lucas Oil Stadium in Indy.” “No,” he answers quickly. “Remember that Dean Martin song, ‘Memories are made of this’? How many people will the new Colts’ stadium hold?” “I hear…

Re-entry key in city’s plot to fight crime: Mayor makes push, hires director to help more ex-convicts find work

September 1, 2008

Makeba Averitte spent more than seven years incarcerated in Indiana, Kentucky and Oklahoma prisons paying for the robbery he committed as a young man with few prospects. Since his release in 2004, the 32-year-old has obtained a driver’s license and insurance on his automobile, not to mention a bit more wisdom. But what eludes him most-even more so now as a convicted felon-is a steady, goodpaying job. Tired of temporary work, he enrolled in Second Chance at the United Northeast…

Children’s Bureau reaches out: State prevention program helps social-services agency enter new areas, lift budget

September 1, 2008

Since its origins as the Widows and Orphans Asylum in 1851, the Children’s Bureau has been working to fix broken families in Indianapolis. Now the local not-for-profit has expanded its reach into 37 Indiana counties-growing its budget 22 percent in the process. Despite the regional push, the agency remains focused on Marion County, where it’s building a $9.2 million service center at 16th and Dr. Martin Luther King Jr. streets. The engine driving the organization’s recent growth: a statewide program…

Quadraspec lands $2.5M investment

August 28, 2008

Quadraspec Inc. has snagged another $2.5 million in capital that the West Lafayette-based company hopes will carry it to the point of launching its diagnostic products for human use. Indianapolis-based Clarian Health Ventures led the funding round, contributing more than $625,000. Three other firms also joined in, including Michigan-based EDF Ventures, Carmel-based Spring Mill Venture […]

Charter Homes builder draws scrutiny for odd sales claims, multiple liens

August 25, 2008

Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its
rampant crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local
builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.

VIEWPOINT: How to win Uncle Sam’s gas-tax shell game

August 25, 2008

Between 1956 and 1991, Indiana motorists willingly paid “temporary” hikes in the federal gasoline tax, knowing the money was being used to build the 42,000-mile interstate highway system. In 1991, Congress declared the highway system completed-but the tax lived on and on, growing bigger and bigger. No longer needed to build the interstate, the current 18.4-cents-per-gallon federal gas tax-double what it was in 1990-now funds a “highway trust fund” shell game that shifts $866 million a year, and control over…

Developers fear stricter IDEM cleanup rules

August 25, 2008

State environmental regulators are catching an earful for what some businesses complain is a rush to aggressive new rules
for remediating land contamination. Developers worry the Indiana Department of Environmental Management’s proposals, which
could require comprehensive site cleanup, will discourage brownfield redevelopment, especially the reuse of tainted-but-valuable
land in urban areas.

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Search Results

10,274 results for 'Funding'

People

Susie Ripley

Articles

Education causes attract state foundations’ support: Rate of giving outpaces national average 2-to-1

Creativity pays off for firms: Business owners delay projects, seek alternate funding sources

EYE ON THE PIE: Economic turmoil hinges on ignorance

Donation of Columbus architectural marvel hinges on IMA’s ability to fund endowment

EYE ON THE PIE: Does reliance on property taxes matter?

Planners to pare down commuter-rail options: Vote for light diesel trains would precede design

EDITORIAL: Arts, parks need city investment: Amenities keep talent flowing here

Mayor says some of 38 TIF districts have problems, might need reorganization

Getting Hoosiers through college

Arts fund-raising model not embraced locally

EYE ON THE PIE

Re-entry key in city’s plot to fight crime

State prevention program helps Children’s Bureau enter new areas, lift budget

EYE ON THE PIE: What projects should public finance?

Re-entry key in city’s plot to fight crime: Mayor makes push, hires director to help more ex-convicts find work

Children’s Bureau reaches out: State prevention program helps social-services agency enter new areas, lift budget

Quadraspec lands $2.5M investment

Charter Homes builder draws scrutiny for odd sales claims, multiple liens

VIEWPOINT: How to win Uncle Sam’s gas-tax shell game

Developers fear stricter IDEM cleanup rules