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University endowments are digging out of deep hole
Indiana college endowments have surged back since the recession, but three-quarters closed the 2011 fiscal year below where they were when the market crashed.
ISO must raise $5M in less than four months, according to deal
The Indianapolis Symphony Orchestra has until Feb. 3, 2013, to collect $5 million—almost as much as it typically raises in a full year–or its five-year agreement with its musicians that’s set to kick in the following day will be nullified.
Tindley school plans huge expansion with national grant
Charles A. Tindley Accelerated School, which currently has two locations, will use a $1.6 million grant from the Charter School Growth Fund to open five more schools over the next three years.
Tax bills slashed for pair of ailing malls
Marion County is granting Simon Property Group Inc. a $2.4 million refund, after a tax review board cut the value of Lafayette Square Mall and Washington Square Mall roughly in half.
Shortage of nonstop flights imperils convention biz
Indianapolis’ dwindling number of nonstop flights—especially to the West Coast—threatens to stunt the city’s convention business just as officials are marketing the expansion of the Indiana Convention Center and downtown’s hotel market.
Startup answers call for better phone bank
Noblesville-based VolunteerYourVoice is setting out to revolutionize phone banks with a Web app that allows advocacy groups to manage virtual campaigns, getting instant results from calls volunteers make through their home computers.
Airport’s ground game fueling tensions
The Indianapolis Airport Authority’s aggressive effort to stop an Ohio firm from building a parking facility beyond airport boundaries has neighbors worrying the municipality will unleash its lawyers on virtually any nearby business deemed a threat to airport revenue.
DINING: One I missed off Mass Ave.
Fourth in a month-long series of possessive restaurants. This week: Henry’s Coffee Bistro.
LOU’S VIEWS: ‘Wicked Workshop’ works across generations
My take on the Children’s Museum attraction, plus generation-jumping thoughts on Jonathan Groff at the Cabaret and DK’s Beatles celebration.
ALTOM: ‘Mechanical Turk’ puts humans to work
Most repetitive tasks can be done by computer nowadays, but many can’t.
State going after underwriter of $5M Estridge offering
The regulatory action is an outgrowth of a falling-out between Indiana Securities owner Frank Neese and Bank of Indiana, which lost its entire $1 million investment when The Estridge Cos. collapsed.
MORRIS: Time for inspirational leadership
Rarely do we hear someone speak who has the potential to change our life, and as a result, the lives of others. I had such an experience recently and I want to share it with you.
EDITORIAL: Council’s $15M CIB raid is shortsighted
Democrats on the Indianapolis City-County Council who voted to plug a hole in the city budget by charging the Capital Improvement Board $15 million risk creating more problems than they solved.
UPS Foundation providing $50,000 for technology program
The Hire Technology manufacturing-logistics curriculum was developed by Conexus in partnership with Ivy Tech Community College.
Institute for Working Families wants to extend subsidies
The institute’s latest report shows how relatively small pay increases can lead to big losses in benefits, including food stamps and child care vouchers.
Homestead credit sparks heated debate
Before the Indianapolis City-County Council adopted its budget Oct. 15, Republicans argued passionately to end a property-tax subsidy for the wealthy, and Democrats resisted.
NFP OF NOTE: Indianapolis Chamber Orchestra
The Indianapolis Chamber Orchestra’s mission is to advance and promote music composed for the small orchestra through professional concert performances and education programs.