Mayor Jim Brainard’s vision to turn Carmel into a performing arts hub anchored by a world-class concert hall has come true, but without the support of central Indiana’s most important arts funder.
A surging stock market and huge gifts from billionaires fueled a big increase in giving in 2017, according to the annual Giving USA report by the Indiana University Lilly Family School of Philanthropy at IUPUI.
Decades ago, J. Scott Keller was a pioneer of the downtown residential real estate scene. Now he’s back, building two modular homes on South Arsenal Avenue with architect Terry Bradbury.
The Battista family’s plan to redevelop a Prohibition-era church building on the east side into an independent cinema and eatery has changed dramatically. And so has the project’s price tag.
Elevate Ventures, Bloomington-based incubator The Mill and the Columbus Area Chamber of Commerce on Thursday announced they have entered a three-year agreement to invest $2.5 million to bolster the entrepreneurial ecosystems in Bartholomew, Brown and Monroe counties.
Indiana University has launched a support program at all its campuses that school officials hope will lead to an onslaught of startups coming out of the school.
The Central Indiana Community Foundation’s new five-year plan focuses on making Indianapolis a more inclusive city, a goal it hopes to achieve partly by training 5,000 community leaders and residents about institutional racism.
Backed by more than $100 million in funding from Indiana companies and foundations, the Indiana Biosciences Research Institute has hired 39 employees and hopes to ramp up to 80 within another three years.
Growth in charitable giving in the United States slowed in 2018, possibly as a result of the 2017 tax reform bill, according to an annual report that tracks American giving patterns. But the decline wasn’t as big as many predicted.
Les Zwirn has located a couple of foundations willing to fund efforts to increase political literacy but only when it’s disconnected from electoral politics. He calls that ironic.
University research budgets and federal funding levels are seen as increasingly important drivers of economic development as they give rise to more licensed technology and startup companies.
The endowment’s assets reached $15.1 billion at the end of 2018, pushing it ahead of the Ford Foundation and the J. Paul Getty Trust, which had assets of $13.1 billion and $13.2 billion, respectively.
