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Articles

Philanthropic fund-raisers target over-funded IRAs: Federal law change allows tax-free charitable gifts from senior citizens’ accounts in 2006 and 2007 only

November 20, 2006

About 1,300 senior citizens recently received correspondence from the Indiana University School of Medicine. The letters detailed changes in federal law allowing them to make tax-free charitable gifts from their individual retirement accounts in 2006 and 2007 only. Thanks to IU’s October mail campaign to alumni, former faculty and staff, the School of Medicine already has attracted seven six-figure contributions. And it’s received inquiries from many more potential donors. Some want to establish scholarships for students. Others want to underwrite…

Schools warm to economic development: Colleges crank out programs to fit latest initiatives

November 20, 2006

Academic purists often hold contempt for politicians and executives seeking help with economic development initiatives. It doesn’t take a political science degree to wonder if someone is trying to stoke votes, ambitions or profits-on the cheap. But in Indiana, more colleges are tailoring their curriculum to support economic development priorities, realizing what’s good for the region can be good for their enrollment. “An increasing number of universities don’t view themselves as ivory towers anymore,” said Uday Sukhatme, executive vice chancellor…

Proposed highway could ease congestion, but transit backers say it won’t

November 20, 2006

A 2005 study for the state says an outer highway loop-like the one Gov. Mitch Daniels proposed Nov. 9-would reduce traffic northeast of the city, potentially splashing cold water on a rapid transit plan. But supporters aren’t backing down.

RCA ends 15-year run as sponsor of tennis tournament

November 20, 2006

After a 15-year run–the longest on the ATP Tour’s North American Circuit–Thomson Consumer Electronics’ RCA brand is ending its title sponsorship of Indianapolis’ professional men’s tennis tournament.

SPORTS: You can’t fathom ‘the Luke’ until you’ve been inside

November 20, 2006

Growing up, my brothers and I had the usual constructiontype toys: Lincoln Logs, an Erector Set, Tinker Toys and-if memory serves me-this kit from Kenner you could use to assemble the plastic skyscraper of your imagination. Among the things I tried to build, however, were gymnasiums and stadiums, because I always was fascinated with places that brought together large numbers of people. But since I had the attention span of a gnat and the conceptual engineering skills of an eventual…

Taking apart PCs, rebuilding lives: Workforce Inc. recycling program helps ex-prisoners prepare for employment

November 20, 2006

Timothy Smith spent 22 years behind bars for committing a violent crime he’d rather not talk about. The Indianapolis native released from prison just two months ago cannot stop praising the transitional program meant to help him and other former inmates find jobs and rebuild their lives. “This place has been a godsend for me,” Smith said. “Coming out of prison, you don’t have much of a job history. It gives you something to look forward to.” Smith, who entered…

From blankets to burials, trustee work never ends:

November 20, 2006

You can turn to a township trustee for help if a fire leaves you homeless or a hospital stay leaves you penniless. You also look to the office if a dog devours your livestock or you need a fence dispute resolved. Indiana’s 1,008 trustees make up the state’s largest single group of elected officials, and their lengthy list of duties ranges from the conventional to the odd. Some are charged with destroying “noxious weeds” and “rank vegetation,” according to the…

Emmis’ landmark deal with Apple paying big dividends: Locally based radio group now No. 2 iTunes affiliate

November 13, 2006

Emmis Communications Corp. has a new mantra when it comes to emerging technology some say will kill the radio industry: If you can’t beat ’em, join ’em. Emmis entered a relationship with California-based Apple Computer Inc. nine months ago that is paying big dividends. Since launching one of the radio industry’s first iTunes storefronts on its stations’ Internet sites, Emmis officials said they have become the No. 2 iTunes affiliate based on sales. Only Internet behemoth Yahoo Music sells more….

Stations enjoy election: Political advertising bounty surprises TV, radio executives

November 13, 2006

More than $10 million poured into Indianapolis broadcasters’ coffers this year, experts said, as politicians took to the airwaves in hopes of swaying voters. A fierce battle over control of Congress and a hotly contested Marion County prosecutor’s race contributed to the impressive total, which outpaced 2002 election sales by nearly $3 million. “It was a surprising year,” said Don Lundy, general manager of WRTV-TV Channel 6, which sold more than $1.3 million in political ads. Despite attempts to forecast…

Are women equal in law firms?: Local firms examine ways to retain female employees

November 13, 2006

A new survey shows that women are still scarce at the top levels of the legal profession, a phenomenon that local firms are working hard to change. Most of the nation’s 200 largest firms participated in the survey by the National Association of Women Lawyers. The survey was designed to collect information not only about how many women are employed by law firms, but also how many women are in the higher ranks of firms, such as governing groups and…

SPORTS: Glimmers of hope give Painter a long honeymoon

November 13, 2006

In terms of a transition game, Purdue University’s Matt Painter hasn’t yet been able to get out on the figurative fast break. First, there was the year he spent as associate head coach during Gene Keady’s long goodbye, when the Boilers struggled to a woeful 7-21 mark. Then, last season, when Painter assumed full control of the Boilermakers, injuries and suspensions factored heavily into a 9-19 record and a last-place, 3-13 finish in the Big Ten. And this year? With…

EYE ON THE PIE: How much do property rights matter?

November 13, 2006

Rep. Roberta Righteous won reelection to the Indiana House again this year without opposition. We met for coffee and cinnamon rolls at a quiet spot near the Statehouse. “What’s going to be this year’s hot topic in the Legislature?” I asked. “Not prayer,” she said. “Not abortion, not education, not even jobs. The issue will be protecting property rights.” “Are property rights being threatened?” I asked, licking the frosting from my fingers. “No more than usual,” she responded with a…

Health summit to discuss Latinos:

November 6, 2006

Obesity, mental health and the “Face of the Latino Immigrant” will be among the topics spotlighted Nov. 17 at the third annual Hispanic/Latino Health Summit in Indianapolis. Dr. Maria Soto-Greene will deliver the keynote address on effectively meeting the needs of the Hispanic/Latino community. Soto-Greene is the vice dean of the University of Medicine and Dentistry of New Jersey. Juana Watson, senior adviser on Latino affairs for Gov. Mitch Daniels, will talk about the health care needs of rural Mexicans…

Some say Wheeler Mission hurts neighborhood’s potential

November 6, 2006

A fall merger of two Indianapolis homeless shelters set off a new round of speculation about whether Wheeler Mission Ministries Inc. will continue to operate out of its 245 N. Delaware St. location–a stone’s throw from multimillion-dollar redevelopment under way on Massachusetts Avenue.

Century-old landmark building gets new life as condos: Former Ashantii Ballroom renovated into 11 units

November 6, 2006

He lived in the south Broad Ripple house 11 years, rented it out for another 11, then sold it for three times what he paid for it. Today, McMichael, 43, owns a dozen rental properties around Indianapolis, plus the well-known Rathskeller Restaurant downtown. And recently he’s turned his real estate eye to 16th and Alabama streets where he’s converting the former Ashantii Ballroom into luxury condominiums. “I learned years ago with that first house the power of real estate,” Michael…

High school dropouts go under microscope: IPS seeks answers from leaders on costly problem

November 6, 2006

Indianapolis Public Schools late this month plans to convene a community panel to help the state’s largest school system implement a dropout prevention plan next spring. The first public meeting of the 50-person panel is set for Nov. 27 and comes as a new report suggests Indiana dropouts cost taxpayers $62 million a year. The panel is made up of a wide range of people, from parents to community leaders. Each of the estimated 21,000 dropouts statewide costs the state…

Ponds poo-pooed by more developers: Land prices create need for alternative storm systems

November 6, 2006

For years, the model for most local drainage systems-especially in large development sites not directly downtown-has been underground pipes running into a large detention pond. The ponds have dotted the landscape, becoming a perk for office dwellers and homeowners wanting a “lake” view, but raising the concern of many safety officials over the increased risk of drownings. But as new federal rules come into effect requiring not just flood prevention but also filtration of contaminants, more developers may be moving…

EYE ON THE PIE: We all could use a dose of civility

November 6, 2006

Whenever life seems too gloomy to endure, there is relief to be found in the antics of the Bloomington City Council. That body of jokesters recently voted to permit households within the city limits to keep up to five chickens. These chickens will help supply fresh eggs, thereby reducing the community’s dependency on unnatural food sources. (No, dear reader, I did not make this up.) We will not claim the City Council of Bloomington is sexist because it permits egg-laying…

Lucas Oil launches high-end motorcycle biz in Indy

November 6, 2006

Little known in this market less than a year ago, Lucas Oil Products is roaring into town with its first brick-and-mortar operation. Founder Forrest Lucas has set up a sister company, Lucas Cycles, to make fancy, fuel-injected motorcycles.

Cable company rolls out on-demand advertising: Comcast already has signed deal with General Motors

November 6, 2006

People don’t typically pay for on-demand cable so that they can look at advertisements, but Comcast thinks they will. It’s trying to turn an old axiom-that people avoid advertising like the plague-on its ear. The Philadelphia-based company that provides cable television in much of Marion County thinks its new on-demand advertising-launched earlier this fall-will be so popular, viewers will seek out the pitches. For Comcast digital cable subscribers, accessing on-demand ads is as easy as going to their video on-demand…

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