Cultural Trail opens, fuels development
The trail officially opened in May at a cost of $63 million, including $6 million for a maintenance endowment.
Central Indiana Community Foundation
Gene Glick was a soldier, a builder and a philanthropic giant
Gene Biccard Glick, who died at home following a long battle with Alzheimer’s disease, built affordable housing sprawling across 10 states—a business empire that paved the way for tens of millions of dollars in donations to causes ranging from medicine to recreation.
Promoters of arts trail recast vision
A mural slated for one wall of the Broad Ripple parking garage will be the first new artwork within view of the Central Canal Towpath, which a group of north-side institutions would like to rebrand as the Art2Art trail.
Community foundations recovering from recession
Many have bounced back and report asset levels that exceed their 2007 highs.
Foundations try to tap grain farmers’ wealth
The average price Indiana farmers received for a bushel of corn reached a high last August of $7.18, nearly twice as much as the prior year. That kind of windfall tends to benefit farm-equipment sales, but it could also lead to more charitable giving.
Cultural Trail leaders cancel plans for controversial statue
The Central Indiana Community Foundation and Indianapolis Cultural Trail Inc. have pulled the plug on a controversial sculpture depicting a freed slave.
Grant-makers adapt to post-recession normal
After the financial crisis of 2008, foundations in Indiana and across the country set up special relief funds for their communities. Ongoing support for the one formed in Indianapolis is just one sign of how the poor economy is still influencing grant-makers’ decisions.
Junior Achievement lawsuit swells with defendants
The defamation case filed by former CEO Jeffrey Miller now has 17 defendants, many of whom are accused of posting disparaging comments on websites.
Decision nears on fate of freed-slave sculpture
Controversy has swirled around a piece of art commissioned for the Cultural Trail’s $2 million public art program. What ultimately happens to Fred Wilson’s “E Pluribus Unum” sculpture of a freed slave could alienate local African-Americans who oppose it or draw the scorn of national art critics.
State fair foundation sets up fund for victims
Hoosiers have already given thousands of dollars to the Indiana State Fair to help victims of Saturday's stage collapse.
Wilson sculpture prompts talk about race, art
The Chicago-based Joyce Foundation has granted $50,000 to support the Central Indiana Community Foundation’s ongoing outreach efforts surrounding the controversial sculpture.
Hamilton County foundation president leaving
Legacy Fund President Brad Little is stepping down to take a similar job in Iowa. In three years, the foundation serving Hamilton County has grown from $25 million to $40 million in assets.
Shuttered school finding new life as community center
Two years after Indianapolis Public Schools closed School 37, a multimillion-dollar redevelopment project is set to breath
new life into a building that served the Martindale-Brightwood community for 81 years.
JA working its way out of real estate troubles
If the debt refinancing is completed, Junior Achievement would be nothing more than a tenant at the Gene B. Glick Junior Achievement Education
Center.
Fate of $200,000 JA scholarship a mystery
The turmoil that now engulfs Junior Achievement of Central Indiana likely was spawned by questions that arose in 2008 about
the handling of a scholarship fund worth about $200,000.
Women’s Fund sets $20 million goal for endowment
The Women’s Fund of Central Indiana recently completed an endowment drive that raised $7 million, making the endowment one
of the largest of its kind in terms of assets.
Retired Junior Achievement exec files defamation suit
Former Junior Achievement CEO Jeff Miller says Mayor Greg Ballard was about to hire him as a senior policy adviser, but comments
by Central Indiana Community Foundation President Brian Payne and current CEO Jennifer Burk ruined the offer.
Contractors seek answers over Junior Achievement project
The Central Indiana Community Foundation has stopped payment on a $3 million grant to Junior Achievement because of accounting
questions.
Expected flurry of charity mergers fails to materialize
Observers offer various explanations for the lack of mergers, including that staff and budget cuts have left many not-for-profits
without the manpower or time for due diligence.
Lilly Endowment boosts emergency fund by $1M
The fund has helped more than 6,000 households in six counties pay for housing, utilities and food.