Indiana is the third most reliant state on federal cash–behind Louisiana and Mississippi according to the left-leaning Center on Budget and Policy Priorities.
A loss of federal funding for museums and libraries—such as a $3.5 million annual grant typically awarded to the Indiana State Library—is having a ripple effect for institutions across the state.
More than 70% of Indiana’s counties, many of which are rural and also lost population in the 2020 census, are expected to lose residents over the next 30 years.
Higher education continues to benefit from both quantity and amount when it comes to Indiana donations, according to data submitted to IBJ. Only two of the 13 gifts of $10 million or more did not go to universities and college.
For that devotion, and for a lifetime spent quietly strengthening the city around him, IBJ has named Bland the 32nd recipient of the Michael A. Carroll Award.
It’s just the latest landmark for Indianapolis-based Lilly, which was catapulted into the top spot as the world’s largest health care company by market capitalization in 2023.
A community-led effort hopes to establish Crooked Creek Cultural Campus near the northwest intersection of West 62nd Street and Michigan Road, with a 200-seat theater and community center nestled in eight wooded acres.
Deals involving employee stock ownership plans have become more desirable in recent years, with ESOP-owned companies representing a growing market opportunity.
Gov. Mike Braun told IBJ on Tuesday that his office was finalizing the details of an independent audit of the state’s economic development agency: “Hoosier taxpayers deserve clear accountability for how their dollars are spent.”
This program aims to lift up and support top organizations with three Nonprofit of the Year awards and one Foundation of the Year award as well as several nonprofit leadership and program awards.
Johnson Grossnickle & Associates helps as many as 65 nonprofit clients each year boost their relationships with donors and raise the money they need to achieve their missions.
High School Hustle, which helps teens start their first business, is now active in 13 local schools and is set to reach about 1,000 students this year.
