Charitable giving picks up despite rocky economy
After pulling back from charitable giving for two years, Americans were slightly more generous in 2010—donating an estimated $290.9 billion, according to a national study released Monday.
After pulling back from charitable giving for two years, Americans were slightly more generous in 2010—donating an estimated $290.9 billion, according to a national study released Monday.
Tennis advocates have identified three near-downtown parcels for a new Indianapolis Tennis Center and expect to make a sponsorship announcement soon that could kick-start the development.
Throughout a two-decade relationship with client Health Foundation of Greater Indianapolis, money manager Columbus Circle Investors paid a finder’s fee to the foundation’s consultant, Cooke Financial Group in Indianapolis.
The Simon Youth Foundation is looking to become a leading national advocate of alternative education. With a new president, J. Michael Durnil, the foundation hopes to raise more money, find more partners in the business community, and help the public better understand its mission.
Not-for-profit employees, and the volunteers who join their mission, are the tip of Indiana’s public service arrow.
In this installment of IBJ's Who's Who series, meet key members of the city’s banking and finance sector. They include bankers, fund managers, venture capitalists, lawyers, financial planners and others who influence the movement and availability of money in the local economy.
Unfortunately, there are numerous examples of mishap when the investment decision-making process is farmed out.
After pledging $62 million for a series of high-profile capital projects in and around Indianapolis, Eugene and Marilyn Glick’s charitable foundations are changing directions, making programs and services their top priority.
The failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan stocks and complicating insurance company decisions.
Few matters in life are clear and definitive. Sadly, we grow up learning that all can
or should be reduced (or elevated) to mathematical modeling. We have no courses or TV channels specializing in ambiguity,
no college major in uncertainty.
Three Hoosier universities—Notre Dame, Marian and Indiana—are moving to launch programs that seek to apply MBA-style training to the unique demands of schools.
Lilly Endowment has been a substantial Lilly stockholder for 73 years, so to focus on the past decade is a mistake.
The message to neighborhoods couldn’t be clearer: It’s absolutely essential to attract and retain middle-class
homeowners with the resources to invest in—and maintain—their own homes, as well as support surrounding businesses.
Once the nation’s wealthiest foundation, Indianapolis-based Lilly Endowment now ranks ninth among its grant-making
peers. The endowment’s value fell 15 percent last year, to an estimated $4.8 billion.
Lilly Endowment’s resistance to diversify its holdings reached a new height last year, as it failed to sell a single share
of the underperforming Eli Lilly and Co. stock while the broader market surged.
Bren Simon likely will inherit at least one-third of her billionaire husband’s fortune and potentially much more,
wealth managers speculate, based on the legal and tax issues involved in such a large estate.
IUPUI is grappling with how to pay for upkeep and improvements necessary to keep its three world-class athletic facilities—and
the city—in the hunt for high-profile sporting events.
After so many years of trying to tap every possible cubicle-dweller for donations, United Way of Central Indiana is putting
more effort into the richest veins in the workplace—the folks in corner offices.
Lilly Endowment lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What’s different about the
Indianapolis-based endowment is that its most recent loss caps a downward slide that’s lasted eight years.